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Global Wireless Connectivity Market Report 2020-2025 - Significant Financial Support from Governments for R&D in the Internet of Things

Global Wireless Connectivity Market Report 2020-2025 - Significant Financial Support from Governments for R&D in the Internet of Things April 08, 2021 04:23 ET | Source: Research and Markets Research and Markets Dublin, IRELAND ResearchAndMarkets.com s offering. The Global Wireless Connectivity Market is Estimated to Grow from USD 69.0 Billion in 2020 to USD 141.1 Billion by 2025, at a CAGR of 15.4%. The major factors driving the wireless connectivity industry growth are increased demand for wireless sensor networks in the development of smart infrastructure, a significant increase in the internet penetration rate, growth in adoption of the internet of things (IoT), increasing trends like work from home and virtual learning pertaining to the COVID-19 pandemic, increased demand for low-power wide-area (LPWA) networks in the IoT applications.

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