Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 6.65 Billion | USD 11.93 Billion | 6.7% | 2023 |
According to the report published by Zion Market Research, the global Wi-Fi Adapter Card Market size was valued at USD 6.65 Billion in 2023 and is predicted to reach USD 11.93 Billion by the end of 2032. The market is expected to grow with a CAGR of 6.7% during the forecast period. The report analyzes the global Wi-Fi Adapter Card Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the rising opportunities in the Wi-Fi Adapter Card industry.
Global Wi-Fi Adapter Card Market: Overview
Wi-Fi adapters connect wireless networks to people's local area networks (LANs) at home and in the office. The devices are typically used to add wireless internet access to desktop computers, but they can also retrofit old laptops without wireless access. Furthermore, Wi-Fi adapter cards are increasingly common in homes due to the increasing use of smart speakers, along with the rising popularity of high-end home theater systems.
Keeping these devices connected to a central hub and network is made easier by a Wi-Fi adapter card. As a result, these adapter cards are widely utilized to offer unified network connectivity through media editing, high-resolution gaming, and other applications. Among other industries, Wi-Fi cards are widely used in consumer electronics, media & entertainment, and education.
Global Wi-Fi Adapter Card Market: Growth Factors
Rapid growth in wireless technology and the rising popularity of professional gaming as well as online games are the major driving factors for the growth of the global Wi-Fi adapter card market. Additionally, the global Wi-Fi adapter card market is growing at a lucrative rate owing to factors such as the increasing need for high-speed internet connection from several end-use industries. Also, the Wi-Fi adapters help in the connection of devices securely and reliably. Further, the rising disposable income of consumers, the changing lifestyle of the millennial population in emerging countries, and the rapidly growing online gaming industry are the key contributing factors to the growth of the Wi-Fi adapter card market. In addition to this, increasing demand for high-end home theatre systems and smartphones is likely to enhance the adoption of home automation solutions and is expected to propel the demand for Wi-Fi adapter cards as well.
As a result, the market for Wi-Fi adapter cards is predicted to expand significantly in the future due to the growing use of smart devices both for personal & professional purposes. Furthermore, the emergence of cloud gaming owing to recent advancements in cloud technology increased the demand for high internet speed. The companies producing cloud technology-based products are adopting these wireless technologies. Thus, introduction of the cloud gaming is projected to offer lucrative opportunities to the global Wi-Fi adapter card market in the forecast period. However, issues related to hardware device handling and heating problems are expected to hamper the growth of the global Wi-Fi adapter card market.
The sudden outbreak of COVID-19 has directly impacted the overall economy across the globe and left footprints on numerous industries as well as the Wi-Fi adapter card industry. Due to sudden imposition of various regulations to control the coronavirus has affected the overall supply chain of manufacturing and production industries. However, the businesses were forced to make difficult financial and cost-cutting decisions to ensure the continued flow of goods. Sudden lockdown also resulted in the closure of activities as well as the e-commerce and retail sector, putting supply chains at risk and widening the gap between demand and supply. On the other hand, social distancing and work from home increased the usage of the internet which in turn upsurged the demand for Wi-Fi adapter cards and projected to enhance the demand in the forecast period.
Global Wi-Fi Adapter Card Market: Segmentation
The global Wi-Fi adapter card market is divided based on OS support, speed, application, and region.
Based on OS support, the global Wi-Fi adapter card market is split into Windows, macOS, and others.
The speed segment is bifurcated into below 500 Mbps, 500 to 1,000 Mbps, and above 1,000 Mbps.
Gaming, media editing, and others are the applications of Wi-Fi adapter cards.
Report Attributes | Report Details |
---|---|
Report Name | Wi-Fi Adapter Card Market |
Market Size in 2023 | USD 6.65 Billion |
Market Forecast in 2032 | USD 11.93 Billion |
Growth Rate | CAGR of 6.7% |
Number of Pages | 207 |
Key Companies Covered | AsusTek Computer Inc., TP-Link Technologies Co. Ltd, Panda Wireless, TRENDnet Inc, Belkin International Inc, GIGA-BYTE Technology Co. Ltd, Rosewill Inc, Fenvi Technology Co Ltd, NET-DYN, and Cisco Systems Inc |
Segments Covered | By OS support, By Speed, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Global Wi-Fi Adapter Card Market: Regional Analysis
Geographically, the Asia Pacific region is expected to hold the highest share in the global Wi-Fi adapter card market during the forecast period followed by North America. The rapidly increasing professional gaming industry and growing popularity of online games in countries such as South Korea, Japan, and India are advancing the growth of the market in this region.
Further, the rising media and entertainment industry along with growing OTT platforms are also boosting the demand for the Wi-Fi adapter card market in the Asia Pacific region. On the other hand, North America is predicted to grow at a faster pace and is likely to offer lucrative opportunities for market growth. Some of the factors that are propelling the growth of the market in this region include the rising adoption of wireless technology and technological innovations in the electronics industry.
Global Wi-Fi Adapter Card Market: Competitive Players
The global Wi-Fi adapter card market is highly competitive due to the presence of few international key players in the market. The leading players functioning in the market are facilitating diverse organic strategies in order to gain a competitive edge in the market. Some of the leading players that are operating in the global Wi-Fi adapter card market include;
The global Wi-Fi adapter card market is segmented as follows;
By OS support Segment Analysis
By Speed Segment Analysis
By Application Segment Analysis
By Regional Segment Analysis
What Reports Provide
FrequentlyAsked Questions
Rapid growth in wireless technology and rising popularity for professional gaming, as well as online games, are the major key driving factors for the growth of the Wi-Fi adapter card market. Furthermore, the emergence of cloud gaming owing to recent advancements in cloud technology increased the demand for high internet speed. The companies producing cloud technology-based products are adopting these wireless technologies. The introduction of the cloud gaming is projected to offer lucrative opportunities to the Wi-Fi adapter card market in the forecast period.
AsusTek Computer Inc., TP-Link Technologies Co. Ltd, Panda Wireless, TRENDnet Inc, Belkin International Inc, GIGA-BYTE Technology Co. Ltd, Rosewill Inc, Fenvi Technology Co Ltd, NET-DYN, and Cisco Systems Inc. are some of the leading players that are operating in the global Wi-Fi adapter card market.
Geographically, the Asia Pacific region is expected to hold the highest share in the global Wi-Fi adapter card market during the forecast period followed by North America. The rapidly increasing professional gaming industry and growing popularity of online games in countries such as South Korea, Japan, and India are advancing the growth of the market in this region.
A Wi-Fi adapter is a device that lets your computer connect to a wireless network, like your home Wi-Fi. It's like a bridge between your computer and the internet.
According to a study, the global Wi-Fi adapter card market size was worth around USD 6.65 billion in 2023 and is expected to reach USD 11.93 billion by 2032.
The global Wi-Fi adapter card market is expected to grow at a CAGR of 6.7% during the forecast period.
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