“Increasing demand for smart devices and technological advancements in wireless connectivity expected to drive the growth of the mobility technologies market during the forecast period”
The Top 10 Mobility Technologies Market - Global Forecast to 2022, the market is expected to grow at a significant rate between 2016 and 2022. This report covers the major mobility technologies such as cellular IoT, wireless gigabit, mobile augmented reality, wireless charging for consumer electronics, Bluetooth, automotive vehicle-to-everything, mobile biometric, land mobile radio, automated guided vehicle, and wearable technology, along with their market trends between 2016 and 2022.
“Rising consumer preferences for sophisticated gadgets and growing demand for connected living fueling the growth of the wearable technology market”
The emergence of wearable technology has transformed the outlook of computing on-the-go. The application areas for the wearable technology range from consumer durables and healthcare to enterprise, industrial, and so on. With the development in the technology, it is expected to have application in new verticals and increased applications in the existing verticals such as medical surgery. The key factors contributing to the growth of the wearable technology market include consumer preference for sophisticated gadgets, increasing growth prospects for next-generation displays in wearable devices, growing popularity of the Internet of Things (IoT) and connected devices, increase in demand for wearable fitness and medical devices, and development of key enabling technologies.
“Consumer preferences for wireless connectivity expected to boost the growth of the wireless charging market during the forecast period”
The wireless charging technology is used for the transmission of electrical current between two objects without any physical connection. The growing demand for wireless charging technology in consumer electronics can be attributed to its features that provide ease and convenience to the end users. Wireless charging has eliminated the use of cables for charging devices and has provided a convenient way to charge electronic devices wirelessly. The growth of the wireless charging market for consumer electronics is driven by factors such as its user friendliness, growing demand for smartphones, and its ability to charge multiple devices at the same time. The major restraints for the market growth include the lack of standards and interference of other electronic devices. The increasing efficiency of wireless charging devices and applications in new verticals are the key opportunities for the wireless charging market for consumer electronics.
“Growing demand for smartphones and wireless connectivity driving the growth of the Bluetooth market”
The adoption of Bluetooth is growing significantly with the advent of the Internet of Things (IoT), machine-to-machine communication, pervasive computing, and fog computing, wherein a large number of devices are required to communicate with each other. The proliferation of the network of wireless sensors, increasing adoption of emerging technologies, and mainstreaming of several smart consumer devices have led to the increase in adoption of the IoT. The consumer electronics, healthcare, and building automation industries have been revolutionized by the introduction of the IoT in the market. Various other IoT applications are also evolving such as connected cars and wearable electronics. These applications would further provide opportunities for the industry players with the help of a large and complex wireless connectivity ecosystem. The rising R&D investments and government funding in IoT-related technologies are expected to drive the growth of the Bluetooth market, especially in the U.S., China, Japan, Germany, South Korea, and the U.K.
The major players in the market for Top 10 mobility technologies include Qualcomm Inc. (U.S.), Sierra Wireless (Canada), Apple Inc. (U.S.), Samsung Electronics Corporation Ltd. (South Korea), Nuance Communication, Inc. (U.S.), Intel Corporation (U.S.), Texas Instruments (U.S.), Atmel Corporation (U.S.),, STMicroelectronics N.V. (Switzerland), Autotalks Limited (Israel), Harris Corporation (U.S.), Motorola Solutions, Inc. (U.S.), Daifuku Co., Ltd. (Japan), and Dematic GmbH & Co., KG. (Germany).
This research report categorizes the Top 10 mobility technologies market on the basis of vertical, industry, application, type, geography, and others. The report also discusses the major drivers, restraints, challenges, and opportunities pertaining to all the 10 market; along with their value chain analysis and the market ranking analysis of the major players in the market.
Reasons To Buy the Report:
The report would help the leaders/new entrants in this market in the following ways:
- This report segments the Top 10 mobility technologies market comprehensively and provides the closest market size estimation for all subsegments across different regions.
- The report would help stakeholders understand the pulse of the market and provide them with the information on key drivers, restraints, challenges, and opportunities for market growth.
- This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The report also includes competitor ecosystem, new product launches and developments, partnerships, and mergers and acquisitions.