Wi-Fi adapter card market analysis
Wi-Fi adapter cards are integrated into computers for communicating with other computers with the help of serial buses. It can act as an intermediary for transfer of data. Market Research Future’s (MRFR) report on the Wi-Fi adapter card market covers the changing demands of customers and corporations for the forecast period (2020-2027). The COVID-19 outbreak and its effect on the industry have been explored in the report.
Wi-Fi adapter card market Scope
The global Wi-Fi adapter card market size is expected to reach USD 3,452.1 million by 2025. It can exhibit 6.6% CAGR from 2019 to 2025.
The market is driven by adoption of the hardware in industries of media entertainment, education, and consumer electronics. These cards can provide seamless connectivity during media editing and high-end gaming. This is supported by procurement of home theaters, speakers, and rise of home automation solutions. Implementation of smart devices in the industrial sector and shift to automation can trigger demand for Wi-Fi adapter cards.
The consumer electronics sector is expected to launch new engaging products that require the hardware. In addition, need for wireless accessories, evolution of new technologies, and increased purchasing power of customers can drive market growth. Investments in research and development coupled with government supported digitization can favor the market.
Reliability of Wi-Fi cards, rise of low speed connectivity, and emergence of new economies can bolster the Wi-Fi adapter card market growth. Adoption of smartphones, high mobile traffic, and BYOD policies in organizations can augur favorably for the market. Investments in smart cities and development of smart buildings can provide new growth opportunities to the market.
But lack of awareness among customers and issues of extreme heating can restrain market growth.
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Wi-Fi adapter card market Regional Analysis
Asia-Pacific (APAC), North America, South America, Europe, and the Middle East Africa (MEA) are major regions covered in the Wi-Fi adapter cards market.
APAC is set to dominate the global market owing to rise of e-sports and rising popularity of online gaming in South Korea, Japan, and China. Expansion of the media entertainment sector in the region can provide an impetus to the market.
Wi-Fi adapter card market COVID-19 Impact Analysis
The COVID-19 pandemic has stalled the demand in the Wi-Fi adapter card market owing to slowdown in production of laptops and personal computers. But rise of work from home policies and efforts by companies to ensure connectivity among its employees can drive market growth.
Wi-Fi adapter card market Segmentation
By OS support, the Wi-Fi adapter card market has been segmented into Windows, Mac OS, and others. The Windows segment is estimated to lead in market share owing to large number of Windows users and its market share of desktops and laptops.
By speed, the Wi-Fi adapter card market has been segmented into below 500 Mbps, 500 to 1000 Mbps, and above 1000 Mbps. The 500 to 1000 Mbps segment is expected to capture a large market share owing to large number of card vendors providing speeds in this range.
By application, the Wi-Fi adapter card market has been segmented into media editing, gaming, and others. The gaming application can command a huge market share owing to changing standards of online gaming and high connectivity speeds among users. Changing nature of games and platforms for playing games through an internet connection and rise of MMORPGs can drive the segment growth.
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Wi-Fi adapter card market Competition Analysis
ANEWKODI, Netgear Inc., Rosewill Inc, Fenvi Technology Co Ltd, GIGA-BYTE Technology Co. Ltd, TP-Link Technologies Co. Ltd, Edimax Technology Co Ltd, Cisco Systems Inc, Panda Wireless, Inc., AsusTek Computer Inc., Belkin International Inc (Linksys), NET-DYN, and TRENDnet Inc are key players of the Wi-Fi adapter card (SSD) market. Investments in RD and awareness of improving technology are part of new strategies by these companies to expand their customer base and launch new products.
Wi-Fi adapter card Industry news
The Archer TX3000E adapter card by TP-Link contains compatibility with dual ranges namely 2.4Ghz and 6Ghz bands.