Wi-Fi HaLow Devices Market Size Worth $1.5 Billion By 2030: IndustryARC

The Wi-Fi HaLow Devices Market size is estimated to grow at a CAGR of 37.4% during 2024-2030 to reach revenue of $1.5 billion by 2030. As the market is early stage in growth cycle, so it is expected that the market for Wi-Fi HaLow Devices is primarily driven by the increased demand for IoT and smart devices and enhanced connectivity in crowded environments, finds IndustryARC in its recent report, titled “Wi-Fi HaLow Devices Market Size, Share & Trends Analysis Report- By Device Type (Transceiver, Chipsets, Modules, Others), By Frequency Band (750-850 MHz, 851-950 MHz, Other Sub-1 GHz), By Speed (Below 15 Mbps, 15-30 Mbps, 30-45 Mbps, Over 45 Mbps), By Range (Below 1 Km, Up to 3 Kms), By Device Connectivity (Below 3000, 3001-5000, 5001-8000, More than 8000), By Security (WPA2, WPA3, Advanced Encryption Standard (AES)), By Application (Industrial Automation, Home Automation, Building Automation, Smart Security Surveillance, Access Control, Smart Agriculture, Wearables Device, Digital Healthcare, Logistics and Asset Management, Others), By End Use (Power, Oil & Gas, Automotive, Healthcare, Mining, Agriculture, Waste Water & Treatment, Transportation & Logistics, Electronics & Semiconductors, Metal Processing, General Manufacturing, Paper & Pulp, Construction, Others), By Geography – Global Opportunity Analysis & Industry Forecast, 2024-2030’’

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Asia-Pacific to Register Highest Share:

Geographically, in the global Wi-Fi HaLow Devices Market share, APAC is analyzed to dominate the market with a market share of 34.8% in 2023. The Internet of Things market in China has been growing quickly. For Internet of Things (IoT) installations, Wi-Fi HaLow is a desirable option because to its capacity to support a sizable number of low- power, connected devices over a wider area. The need for Wi-Fi HaLow equipment can increase as more businesses and consumers adopt IoT solutions. China has made significant investments in constructing smart cities and modernizing its infrastructure.

Wi-Fi HaLow Devices Market2023-2030: Scope of the Report

Report Metric

Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

37.4%

Market Size in 2030

$1.5 billion

Segments Covered

Device Type, Frequency Band, Speed, Range, Device Connectivity, Security, Application, End Use and Region

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Netherlands, Denmark and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

  1. Morse Micro
  2. Newracom
  3. Alpha Networks Inc
  4. Silex Technology
  5. palma Ceia SemiDesign
  6. Brickcom
  7. AdvanWISE
  8. Lite On
  9. Vizmonet
  10. Orca System

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Wi-Fi HaLow Devices Market Report – Key Takeaways:

  • Growth in Smart and Smart Building Applications

Wi-Fi HaLow’s ability to penetrate walls and reach distant areas makes it well-suited for connecting sensors, cameras, and other smart devices in residential and commercial buildings. With the increasing focus on energy efficiency, security, and convenience, there is a growing demand for connected home solutions that leverage Wi-Fi HaLow to enable seamless communication and control of various devices, such as thermostats, lighting systems, and door locks.

  • Expansion of IIoT Adoption

Wi-Fi HaLow’s long-range capabilities and ability to operate in harsh industrial conditions make it suitable for connecting sensors, machinery, and control systems in factories, warehouses, and remote locations. By leveraging Wi-Fi HaLow, industrial enterprises can enhance operational efficiency, optimize resource utilization, and implement predictive maintenance strategies, leading to cost savings and improved productivity.

  • Integration with 5G Networks

Wi-Fi HaLow complements 5G cellular networks by providing localized, high-bandwidth connectivity for IoT devices in areas where cellular coverage may be limited or impractical. By integrating Wi-Fi HaLow with 5G networks and edge computing infrastructure, organizations can deploy distributed IoT solutions that leverage the combined strengths of both technologies to enable real-time data processing, low-latency communication, and enhanced reliability for mission-critical applications.

  • Limited Ecosystem Support

While Wi-Fi HaLow offers significant advantages for IoT applications, including extended range and lower power consumption, its adoption has been hindered by the lack of widespread support from device manufacturers and ecosystem players. As a result, there is a limited selection of Wi-Fi HaLow-enabled devices available in the market, restricting the deployment of HaLow networks and limiting the interoperability of IoT solutions. Overcoming this challenge requires collaboration among industry stakeholders to drive broader adoption and integration of Wi-Fi HaLow technology into a diverse range of devices and applications.

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Key Opportunity Analysis:

Expansion of IoT Applications

Wi-Fi HaLow’s extended range, low power consumption, and ability to penetrate walls make it well-suited for connecting a wide range of IoT devices, including sensors, actuators, and smart appliances. With the proliferation of IoT applications in sectors such as smart homes, industrial automation, healthcare, and agriculture, there is a growing demand for reliable and scalable connectivity solutions provided by Wi-Fi HaLow. By leveraging Wi-Fi HaLow, organizations can deploy IoT solutions that enable real-time monitoring, data analytics, and remote control, leading to improved efficiency, productivity, and decision-making across diverse use cases.

Integration with Smart City Infrastructure

Wi-Fi HaLow’s long-range capabilities and ability to operate in congested wireless environments make it ideal for supporting a wide range of smart city applications, including smart lighting, traffic management, environmental monitoring, and public safety. By deploying Wi-Fi HaLow networks as part of smart city initiatives, municipalities can improve service delivery, optimize resource allocation, and enhance quality of life for residents. Additionally, Wi-Fi HaLow enables the deployment of low-cost, low-power IoT devices that can collect and transmit data from various sensors and endpoints distributed throughout the city, enabling real-time insights and actionable intelligence for urban planning and management.

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The Report also Covers the Following Areas:

  • Wi-Fi HaLow Devices Market Size and Forecast
  • Wi-Fi HaLow Devices Market Trends
  • Wi-Fi HaLow Devices Market Analysis by Device Type

Wi-Fi HaLow Devices Market2023-2030: Key Highlights

  • CAGR of the market during the forecast period 2024-2030
  • Value Chain analysis of key stake holders
  • Detailed analysis of market drivers and opportunities during the forecast period
  • Wi-Fi HaLow Devices Market size estimation and forecast
  • Analysis and predictions on end users’ behavior and upcoming trends
  • Competitive landscape and Vendor market analysis including offerings, developments, and financials
  • Comprehensive analysis of challenges and constraints in the Wi-Fi HaLow Devices Market

Covid and Ukrainian Crisis Impact:

With the Covid-19 pandemic accelerating the adoption of remote work, online learning, and telehealth services, there has been a surge in demand for reliable and high-speed internet connectivity solutions. Wi-Fi HaLow, with its extended range and ability to penetrate walls, has emerged as a promising technology to address the connectivity needs of remote workers, students, and healthcare providers. However, supply chain disruptions, semiconductor shortages, and manufacturing delays resulting from the pandemic have hindered the production and deployment of Wi-Fi HaLow-enabled devices and infrastructure.

Geopolitical tensions and economic uncertainties stemming from the Russia-Ukraine war have introduced volatility in global markets, impacting investment decisions, infrastructure development, and regulatory initiatives related to Wi-Fi HaLow technology. Despite these challenges, the long-term outlook for the Wi-Fi HaLow market remains positive, driven by the growing demand for connectivity solutions in a post-pandemic world and the increasing adoption of IoT applications across various industries.

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List of Key Market Players in Wi-Fi HaLow Devices Market:

The key companies profiled in the Wi-Fi HaLow Devices Market Report are listed below:

  • Morse Micro
  • Newracom
  • Alpha Networks Inc
  • Silex Technology
  • palma Ceia SemiDesign
  • Brickcom
  • AdvanWISE
  • Lite On
  • Vizmonet
  • Orca System

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