Global Wi Fi Module Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Router Scheme Wi-Fi Module and Embedded Wi-Fi Module.

By Application;

Smart Grid & Smart Appliance, Handheld Mobile Device, Medical & Industrial Testing Instrument and Router.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn326510823 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Wi Fi Module Market (USD Million), 2021 - 2031

In the year 2024, the Global Wi Fi Module Market was valued at USD 54,263.13 million. The size of this market is expected to increase to USD 115,531.69 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.4%.

The market is poised for accelerated growth due to the surge in global data traffic and consumer demand, particularly within the communications sector. The adoption of cloud-based technologies is driving this growth, necessitating the use of Wi-Fi modules for data transmission and storage. In response to the digital transformation initiatives post-pandemic, Alibaba Cloud announced a $28.2 billion investment over the next three years in cloud infrastructure and data center construction in April 2020. Moreover, factors such as the proliferation of the Internet of Things (IoT), the increasing demand for flexible and scalable Wi-Fi management systems, and the necessity for enhanced security and analytics capabilities contribute to the rising reliance on cloud computing in the Wi-Fi industry.

The communications industry is bolstering the expanding usage of cloud computing in Wi-Fi through various means. Cloud-based WiFi management solutions, offered as standard by communication firms, empower businesses to centrally manage their WiFi networks. However, security and privacy concerns are paramount when utilizing wireless networks, especially with the exponential growth of IoT and smart devices. The susceptibility of Wi-Fi equipment to hijacking, cyberattacks, and other threats, including wireless network interface restrictions, poses challenges and slows market growth. Forbes reported a 300% increase in cyberattacks on IoT devices in 2019, highlighting the urgency of addressing security threats. These factors collectively moderate the market's growth rate over the projected period.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Wi Fi Module Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rise of the Internet of Things (IoT)
        2. Growing Demand for Smart Homes and Businesses
        3. Digital Transformation Across Industries
      2. Restraints
        1. Security Concerns
        2. Cost Considerations
        3. Competitive Landscape
      3. Opportunities
        1. Development of New Applications
        2. Focus on Miniaturization and Low Power Consumption
        3. Rising Demand in Emerging Economies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Wi Fi Module Market, By Type, 2021 - 2031 (USD Million)
      1. Router Scheme Wi-Fi Module
      2. Embedded Wi-Fi Module
    2. Global Wi Fi Module Market, By Application, 2021 - 2031 (USD Million)
      1. Smart Grid & Smart Appliance
      2. Handheld Mobile Device
      3. Medical & Industrial Testing Instrument
      4. Router
    3. Global Wi Fi Module Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Murata Manufacturing Co., Ltd
      2. Taiyo Yuden Co., Ltd
      3. Azure Wave Technologies, Inc
      4. Silicon Laboratories Inc
      5. Laird PLC
      6. Broadlink
      7. Advantech Co., Ltd
      8. Shanghai MXCHIP Information Technology Co., Ltd
      9. Silex Technology, Inc
      10. Microchip Technology Inc
  7. Analyst Views
  8. Future Outlook of the Market