Wi-Fi Adapter Card Market To Garner Exponential Growth By 2025: Global Forecast News ($5282.7 Million Market)
January 6, 2020 by Market-NewsFlash
Global Wi-Fi Adapter Card Market Research Report: by OS Support (Windows, MacOS, and Others), by Application (Gaming, Media Editing and others), by Speed (Below 500 Mbps, 500 to 1000 Mbps, and Above 1000 Mbps), and by Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) — Forecast till 2025
The global Wi-Fi adapter card market was valued at USD 3,452.1 million in 2018; it is expected to reach USD 5,282.7 million by the end of the forecast period at a CAGR of 6.6%.
Wi-Fi adapter cards have a wide scope of application in consumer electronics, media & entertainment, and education, among other industries. These adapter cards are significantly used for providing seamless network connectivity during high-resolution professional and online gaming, media editing, and other applications. Wi-Fi adapter cards are also widely used in homes due to increasing deployment of smart speakers, rising demand for high-end home theatre systems and increasing adoption of home automation solutions. The Wi-Fi adapter card helps in keeping reliable and robust network connectivity among these devices in a home to a central hub or network.
The major factors for the growth of W-Fi adapter card market are the rising popularity of online games played on mobile phones and professional gaming competitions. The Wi-Fi adapter cards help in maintaining secured and robust connectivity between devices. Moreover, increasing wireless technological advancements and the demand for reducing the data transmission lag are some of the factors boosting the market growth.
The global Wi-Fi adapter card market has been segmented based on OS support, speed, application, and region.
By OS support, the Wi-Fi adapter card market has been segmented into Windows, Mac OS, and others.
By speed, the Wi-Fi adapter card market has been segmented into below 500 Mbps, 500 to 1000 Mbps, and above 1000 Mbps.
By application, the Wi-Fi adapter card market has been segmented into gaming, media editing, and others.
By region, the Wi-Fi adapter card market has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America.
The global Wi-Fi adapter card market is characterized by the presence of several global vendors. The competition among the existing players for shares in the market is highly intense. Cost, quality, accuracy, and reliability of products are some of the factors that help vendors to sustain in an intensely competitive market. Furthermore, technological advancements for the adoption of Wi-Fi adapter cards are some of the factors that are expected to fuel the growth of the Wi-Fi adapter cards market during the forecast period.
The key players in the Wi-Fi adapter card market are identified across all the major regions based on their country of origin, presence, recent key developments, product diversification, and industry expertise. Some of them are AsusTek Computer Inc. (Taiwan), TP-Link Technologies Co. Ltd (China), GIGA-BYTE Technology Co. Ltd (Taiwan), Rosewill Inc (US), Fenvi Technology Co Ltd (China), Panda Wireless, Inc. (US), TRENDnet Inc (US), Belkin International Inc (Linksys) (US), NET-DYN (US), ANEWKODI (China), Netgear Inc. (US), Edimax Technology Co Ltd (Taiwan), and Cisco Systems Inc (US). These players contribute significantly to market growth. Apart from the top key players, the other players contribute nearly 35–40% in the Wi-Fi adapter card market.
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