Wi-Fi Adapter Card Market Outlook - 2030
The global Wi-Fi adapter card market is experiencing significant growth and will grow considerably in the next few years. A wireless network adapter is a piece of computer hardware that allows computers to interact over a network wirelessly. Its purpose is to extend the capabilities of a computer by connecting to it using expansion card devices, or cards such as memory cards or PC cards. To connect the wireless network adapter, one can use a USB port on the computer or an internal adapter already built into the computer. The signals transmitted by the wireless network are picked up by the wireless network adaptor. Wi-Fi "hotspots" or sites often radiate radio waves over a 75 to 150-foot radius. Within range, a wireless network adapter will pick up the signal and create a wireless connection.
The global Wi-Fi adapter card market is segmented on the basis of OS Support, Application, Speed, industry vertical and region. Based on OS support, the market is divided into windows, MacOS, others. In terms of application, the market is categorized into gaming, media editing, others. On the basis of speed, the market is divided into below 500 Mbps, 500 to 1,000 Mbps, above 1,000 Mbps. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global Wi-Fi adapter card industry include AsusTek Computer Inc., GIGA-BYTE Technology Co. Ltd, TP-Link Technologies Co. Ltd, Rosewill Inc, Panda, Fenvi Technology Co Ltd, TRENDnet Inc, NET-DYN, Belkin International Inc, and Cisco Systems Inc. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global Wi-Fi adapter card market.
COVID-19 Scenario Analysis
The worldwide quarantine imposed in response to the COVID-19 outbreak has resulted in an economic catastrophe that has thrown practically every business into disarray. The pandemic is wreaking havoc on a variety of industries, and the Wi-Fi adapter card industry is no exception. Following the SARS-CoV-2 outbreak, businesses were forced to make difficult financial and cost-cutting decisions to ensure continued flow of goods. The lockdown was a result of the new coronavirus's short-term influence on the manufacturing industry around the world, which resulted in a drop in semiconductor demand. With the price decline, the weak demand has a domino effect throughout the semiconductor sector. The COVID-19 outbreak and subsequent lockdown have resulted in the closure of activities as well as e-commerce and retail stores, putting supply chains at risk and widening the gap between demand and supply.
In response of COVID-19's long-term implications, governments are attempting to address the problem by enacting beneficial initiatives and policies such as financial packages, lower interest rates, and tax exemptions. With the rapid outbreak of COVID-19, everyone in the country was obliged to stay indoors with restricted mobility and entertainment alternatives. COVID-19 also put a halt to the entertainment industry, with a few to no films being made as well as malls, cafes, and other gathering places. As a result, there has been an increase in the popularity of online gaming. Thus, the wifi adapter market size is expected to rebound to a great level during the forecast period.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
The increased popularity of online games played on mobile phones and professional gaming tournaments are two main drivers driving the growth of the W-Fi adaptor card market. The Wi-Fi adaptor cards aid in the secure and reliable connecting of devices. Furthermore, growing wireless technology developments and the requirement to reduce data transmission lag are two aspects that are propelling the market forward. Due to rising population and increased demand, the Wi-Fi adaptor card market is expected to grow in the next years. This need is expected to be bolstered by rising income levels, propelling the Wi-Fi adaptor card market. With the launch of fast-speed items, market participants are upgrading their product lines. Some other reasons, which are driving the market are increasing deployment of smart speakers, rising demand for high-end home theatre systems, and increasing adoption of home automation solutions.
The global Wi-Fi adapter market trends are as follows:
Rapid Growth of the Online Gaming Industry
The online gaming industry is expanding at a breakneck pace, benefiting not only global giants who are capitalizing on a plethora of chances but also the Wi-Fi adapter card market. With the rapid outbreak of COVID-19, everyone in the country was obliged to stay indoors, with restricted mobility and entertainment alternatives. COVID-19 also put a halt to the entertainment industry, with few to no films being made as well as malls, cafes, and other gathering places. As a result, there has been an increase in the popularity of online gaming. This is a new trend that is putting the traditional game sector under pressure. The concept of cloud gaming has emerged as a result of recent advancements in cloud technology. A server maintains all of the games and does all of the calculations such as game logic processing, game rendering, video encoding, and streaming in cloud gaming. This is favorable for smartphone users with little storage capacity, but it requires a lightning-fast internet connection. As Wi-Fi adaptor cards enable consistent high-speed connectivity, they are expected to be in great demand during the forecast period.
Rapid Growth of Home Automation Solutions
It is evident that home automation technology, which was formerly thought to be a luxury item only available to the wealthy, is about to take off in a huge manner. Home automation technology is now easier to install and use than ever before due to technological breakthroughs. The fact that an increasing number of homeowners own smartphones is merely one reason why this technology is gaining popularity. It’s also true that the cost of home automation systems has dropped dramatically in recent years. Additionally, rising disposable income and a growing taste for an elegant and luxury lifestyle in developing countries are expected to fuel the market expansion.
Key Benefits of the Report
- This study presents the analytical depiction of the global Wi-Fi adapter card market trends along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Wi-Fi adapter card market share.
- The current market is quantitatively analyzed to highlight the Wi-Fi adapter card market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the Wi-Fi adapter card market.
- The report provides a detailed Wi-Fi adapter card market analysis based on competitive intensity and how the competition will take shape in the coming years.
- The report contains Wi-Fi adapter card market forecast considering 2020 as a base year.
- The report presents information on the Wi-Fi adapter card market opportunities to track potential regions and country.
- The Wi-Fi adapter card market outlooks the future scope and estimates the percentage growth.
Questions Answered in the Market Research Report
- Which are the leading players active in the Wi-Fi adapter card market?
- What are the detailed impacts of COVID-19 on the Wi-Fi adapter card market size?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the Wi-Fi adapter card market?
Wi-Fi Adapter Card Market Report Highlights
| Aspects | Details |
 By OS Support |
|
 By Speed |
|
 By Application |
|
 By Region |
|
 Key Market Players | Fenvi Technology Co Ltd, Belkin International Inc, ANEWKODI, TRENDnet Inc, Rosewill Inc, Cisco Systems Inc, Panda Wireless, Inc., TP-Link Technologies Co. Ltd, GIGA-BYTE Technology Co. Ltd, Austen Computer Inc. |
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