Market for connectivity chips projected to strong growth

SAN JOSE, USA: GIA announces the release of a trend report on Connectivity Chips.

Market for Connectivity Chips is projected to witness strong growth led by rising sales of Wi-Fi enabled mobile devices such as tablets, e-readers, and smartphones, and other wireless connectivity combo ICs and platform solutions such as ZigBee, NFC, GPS, and Bluetooth.

New developments in wireless connectivity technologies such as Bluetooth v4.0, Near Field Communications (NFC), Wi-Fi, WiGig and others are projected to drive growth in the connectivity chips market, the report said.

Combo wireless connectivity chipsets with integrated NFC, Wi-Fi, and Bluetooth functionalities are expected to witness strong growth led by widespread adoption in smartphones and consumer electronic devices. Rising popularity of NFC-enabled smartphones and the growing trend towards mobile retail payments are also expected to benefit the market.

Increasing consumer demand for robust connectivity, easy device pairing, improved power efficiency, and high speed internet connection via Wi-Fi hotspots will drive innovation in chip design and architecture in the coming years.

The trend report titled "Connectivity Chips", announced by Global Industry Analysts Inc., is a focused research paper that provides cursory insights into the product, applications, future prospects, and corporate initiatives of key companies worldwide.

The report in addition provides global market estimates and projections for Wireless Connectivity ICs in US dollars for years 2012 through 2017.