Wireless Module Market

By Type;

Router,-[Industrial Routers, Enterprise Routers, Consumer Routers and Mobile Hotspot Routers] Wi-Fi Module-[Dual-Band Wi-Fi Modules, Single-Band Wi-Fi Modules and Long-Range Wi-Fi Modules] and Embedded Wi-Fi Module[ Surface Mount Wi-Fi Modules, Through-Hole Wi-Fi Modules and System-on-Module (SoM) Wi-Fi Modules]

By Technology;

Low-Power Wide-Area Network (LPWAN), 5G, 4G or Long Term Evolution (LTE) and Others

By Application;

Remote Control, Public Safety, Wireless Payment, Transportation, Smart Meter Reading and Others

By End Use;

Residential, Industrial, Commercial and Consumer Electronics

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn516119525 Published Date: October, 2025 Updated Date: November, 2025

Introduction

Wireless Module Market (USD Million), 2021 - 2031

In the year 2024, the Wireless Module Market was valued at USD 7,153.14 million. The size of this market is expected to increase to USD 15,519.19 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.7%.


Wireless Module Market

*Market size in USD million

CAGR 11.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)11.7 %
Market Size (2024)USD 7,153.14 Million
Market Size (2031)USD 15,519.19 Million
Market ConcentrationLow
Report Pages347
7,153.14
2024
15,519.19
2031

Major Players

  • Qualcomm Technologies, Inc.
  • Sierra Wireless, Inc.
  • Huawei Technologies Co., Ltd.
  • u-blox Holding AG
  • Quectel Wireless Solutions Co., Ltd.
  • Telit Communications PLC
  • Murata Manufacturing Co., Ltd.
  • Gemalto NV (Thales Group)
  • Laird Connectivity
  • Nordic Semiconductor ASA

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Wireless Module Market

Fragmented - Highly competitive market without dominant players


The Wireless Module Market is experiencing rapid growth driven by the proliferation of Internet of Things (IoT) devices and the increasing demand for seamless connectivity across various industries. Wireless modules serve as fundamental components enabling wireless communication capabilities in devices such as smartphones, tablets, wearables, industrial machines, and smart home appliances. These modules integrate essential functionalities like Wi-Fi, Bluetooth, cellular (3G, 4G, and increasingly 5G), GPS, and others into compact, standardized form factors, facilitating easy integration into diverse applications.

Key factors fueling the expansion of the Wireless Module Market include advancements in wireless technology, such as the transition to 5G networks, which promise higher data speeds, lower latency, and greater network capacity. This evolution supports the burgeoning demand for connected devices capable of real-time data transmission and analysis. Moreover, the rising adoption of IoT solutions across sectors like automotive, healthcare, consumer electronics, and industrial automation drives the need for reliable and efficient wireless connectivity solutions provided by these modules.

Regionally, North America and Asia-Pacific dominate the Wireless Module Market, fueled by robust technological infrastructure, widespread adoption of smart devices, and proactive initiatives promoting digital transformation. These regions host key players in the wireless module ecosystem, driving innovation and setting trends in the market. Meanwhile, Europe also plays a significant role, particularly in automotive and industrial IoT applications, where stringent regulations and a focus on sustainability propel the adoption of wireless technologies. Overall, the Wireless Module Market is poised for continued growth, driven by technological advancements, expanding IoT applications, and increasing connectivity demands across the globe.

  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 Technology
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-Use
    5. Market Snapshot, By Region
  4. Wireless Module Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing IoT Adoption
        2. Rising Demand for Mobile Devices
        3. Technological Advancements
      2. Restraints
        1. High Initial Costs
        2. Security Concerns
        3. Regulatory Challenges
      3. Opportunities
        1. Expansion of Smart Cities
        2. Emerging Applications in Healthcare
        3. Integration in Automotive Industry
    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. Wireless Module Market, By Type, 2021 - 2031 (USD Million)
      1. Router
        1. Industrial Routers
        2. Enterprise Routers
        3. Consumer Routers
        4. Mobile Hotspot Routers
      2. Wi-Fi Module
        1. Dual-Band Wi-Fi Modules
        2. Single-Band Wi-Fi Modules
        3. Long-Range Wi-Fi Modules
      3. Embedded Wi-Fi Module
        1. Surface Mount Wi-Fi Modules
        2. Through-Hole Wi-Fi Modules
        3. System-on-Module (SoM) Wi-Fi Modules
    2. Wireless Module Market, By Technology, 2021 - 2031 (USD Million)
      1. Low-Power Wide-Area Network (LPWAN)
      2. 5G
      3. 4G or Long Term Evolution (LTE)
      4. Others
    3. Wireless Module Market, By Application, 2021 - 2031 (USD Million)
      1. Remote Control
      2. Public Safety
      3. Wireless Payment
      4. Transportation
      5. Smart Meter Reading
      6. Others
    4. Wireless Module Market, By End Use, 2021 - 2031 (USD Million)
      1. Residential
      2. Industrial
      3. Commercial
      4. Consumer Electronics
    5. Wireless 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. Quectel Wireless Solutions Co., Ltd.
      2. Qualcomm Technologies, Inc.
      3. Sierra Wireless, Inc.
      4. Huawei Technologies Co., Ltd.
      5. u-blox Holding AG
      6. Telit Communications PLC
      7. Murata Manufacturing Co., Ltd.
      8. Nordic Semiconductor ASA
      9. Gemalto (Thales Group)
      10. Laird Connectivity / Laird Technologies
      11. Texas Instruments, Inc.
      12. Silicon Labs
      13. Broadcom Inc.
      14. MediaTek Inc.
      15. AzureWave Technologies
  7. Analyst Views
  8. Future Outlook of the Market