Wireless Communication Market size is valued at USD 78,502.5 million in 2021 and is expected to reach a value of USD 219,201.4 million by 2028, growing at a CAGR of 15.8% during the forecast period 2022 to 2028. The global market provides a detailed overview and that can be segmented by technology and application. By technology, the wireless communication market has been segmented into Wi-Fi, bluetooth, NFC, zigbee, enocean, cellular technologies and others. The bluetooth segment is likely to be the largest and fastest-growing segment in terms of technology. Based on application, the wireless communication market is segmented into wearable devices, it and telecommunications, healthcare, transportation, consumer electronics and others. The wearable devices segment is expected to have the fastest-growing market during the forecast period 2022-2028.
In May 2020, Rivet Networks (Austin), a technology and product firm focused on providing customers with the greatest possible networking experience, was bought by Intel. Rivet Networks’ principal products, including the Killer brand, will become part of Intel’s larger PC Wi-Fi portfolio. Intel can scale its PC Wi-Fi portfolio with Rivet Networks’ and Intel’s premier Wi-Fi devices to better serve customers, ecosystems, and channel partners.