The North America Wi-Fi Module Market is expected to witness market growth of 10.3% CAGR during the forecast period (2024-2031).
The US market dominated the North America Wi-Fi Module Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $24.75 billion by 2031. The Canada market is experiencing a CAGR of 12.5% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 11.7% during 2024-2031.
A Wi-Fi module is a compact electronic component or device that enables wireless communication between electronic devices and wireless local area networks (WLANs), typically using Wi-Fi protocols such as IEEE 802.11. In simpler terms, it allows devices to connect to the internet or other networks wirelessly, eliminating the need for physical (wired) connections.
These modules serve as the bridge between the microcontroller or processor in a device and the Wi-Fi network, facilitating the transmission and reception of data over wireless signals. These modules are commonly integrated into various devices, from consumer electronics like smartphones, laptops, and tablets to industrial machines, medical equipment, and smart home devices.
The North American market is experiencing substantial growth. The demand for these modules has surged significantly in the United States, largely driven by the growing adoption of smart homes, connected healthcare solutions, and industrial IoT applications. The "Broadband Equity, Access, and Deployment (BEAD) Program," a government initiative that is a component of the Infrastructure Investment and Jobs Act (IIJA), is designed to address the digital divide by increasing broadband access in rural and underserved regions. The BEAD Program provides $42.45 billion to expand high-speed Internet access by funding planning, infrastructure deployment, and adoption programs. This effort boosts the need for Wi-Fi-enabled devices in residential and enterprise sectors. Moreover, the Federal Communications Commission (FCC) has proactively opened up additional spectrum for unlicensed use, such as the 6 GHz band for Wi-Fi 6E, which enhances the capability and performance of next-generation Wi-Fi modules. Such regulatory support and funding initiatives are expected to further accelerate the deployment of Wi-Fi technologies nationwide. Thus, such regulatory support and funding initiatives are expected to further accelerate the deployment of Wi-Fi technologies across the country.
The US market dominated the North America Wi-Fi Module Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $24.75 billion by 2031. The Canada market is experiencing a CAGR of 12.5% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 11.7% during 2024-2031.
A Wi-Fi module is a compact electronic component or device that enables wireless communication between electronic devices and wireless local area networks (WLANs), typically using Wi-Fi protocols such as IEEE 802.11. In simpler terms, it allows devices to connect to the internet or other networks wirelessly, eliminating the need for physical (wired) connections.
These modules serve as the bridge between the microcontroller or processor in a device and the Wi-Fi network, facilitating the transmission and reception of data over wireless signals. These modules are commonly integrated into various devices, from consumer electronics like smartphones, laptops, and tablets to industrial machines, medical equipment, and smart home devices.
The North American market is experiencing substantial growth. The demand for these modules has surged significantly in the United States, largely driven by the growing adoption of smart homes, connected healthcare solutions, and industrial IoT applications. The "Broadband Equity, Access, and Deployment (BEAD) Program," a government initiative that is a component of the Infrastructure Investment and Jobs Act (IIJA), is designed to address the digital divide by increasing broadband access in rural and underserved regions. The BEAD Program provides $42.45 billion to expand high-speed Internet access by funding planning, infrastructure deployment, and adoption programs. This effort boosts the need for Wi-Fi-enabled devices in residential and enterprise sectors. Moreover, the Federal Communications Commission (FCC) has proactively opened up additional spectrum for unlicensed use, such as the 6 GHz band for Wi-Fi 6E, which enhances the capability and performance of next-generation Wi-Fi modules. Such regulatory support and funding initiatives are expected to further accelerate the deployment of Wi-Fi technologies nationwide. Thus, such regulatory support and funding initiatives are expected to further accelerate the deployment of Wi-Fi technologies across the country.
List of Key Companies Profiled
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- MediaTek, Inc.
- Qorvo, Inc.
- Broadcom, Inc.
- Murata Manufacturing Co., Ltd.
- NXP Semiconductors N.V.
- Infineon Technologies AG
- Texas Instruments, Inc.
- Advantech Co., Ltd.
- Intel Corporation
Market Report Segmentation
By Type
- Embedded
- Router Scheme
By Application
- Consumer Electronics
- Smart Home
- Industrial
- Enterprise
- Medical
- Other Application
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Wi-Fi Module Market by Type
Chapter 6. North America Wi-Fi Module Market by Application
Chapter 7. North America Wi-Fi Module Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- MediaTek, Inc.
- Qorvo, Inc.
- Broadcom, Inc.
- Murata Manufacturing Co., Ltd.
- NXP Semiconductors N.V.
- Infineon Technologies AG
- Texas Instruments, Inc.
- Advantech Co., Ltd.
- Intel Corporation
Methodology
LOADING...
