Seattle, WA -- (SBWIRE) -- 11/19/2019 -- A Wi-Fi Module is an independent system on a chip (SoC) integrated with transmission control & internet protocol stack that enables microcontrollers to provide access to the Wi-Fi network. Wi-Fi module is a functional unit that helps connect various electronic devices such as smartphones, tablets, laptops, and smart home appliances including air-conditioner, water heater, television, washing machine, and others, to the internet. The Wi-Fi module is used in various industries mainly scientific, industrial, commercial, and consumer applications.

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Key Growth Factor:

Adoption of cloud computing and rise in telecommunication, residential, and commercial sectors impact the growth of the market. However, increase in privacy and security issues affect the growth of the global Wi-Fi module market. These factors are anticipated to either drive or hamper the market growth.

Growth of Telecommunication, Residential & Commercial Sector

Growth in urbanization, rise in global population and technological advancements have increased the demand for internet, which creates lucrative growth opportunities for the Wi-Fi module market. For instance, smart home appliances are the major trend that is witnessed in recent years, which enable various devices that are utilized in daily household activities such as washing machines, televisions, smartphones, air-conditions, cooking range such as oven, microwave and others that connect with the help of Wi-Fi module.

Market Segmentation:

WiFi Modules Market Segment by Type covers:

Universal Wi-Fi Module
Router Scheme Wi-Fi Module
Embedded Wi-Fi Module

WiFi Modules Market Segment by Applications can be divided into:

Smart Appliances
Handheld Mobile Devices
Medical and Industrial Testing Instruments
Smart Grid
Router

WiFi Modules Market: Regional analysis includes:

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
North America (the United States, Mexico, and Canada.)
South America (Brazil etc.)
The Middle East and Africa (GCC Countries and Egypt.)

Key Players:

Murata Electronics, USI, Taiyo Yuden, AzureWave, TI, Silicon Labs, LSR, RF-LINK, Broadlink, Advantech B+B SmartWorx, Mi, MXCHIP, Silex Technology

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