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WI-FI HaLow Devices Market Size to Grow at a CAGR of 12.6% During the Forecast Period 2021-2026

(IT-NEWSWIRE.COM, September 19, 2021 ) WI-FI HaLow Devices Market size was valued at 5.6 million units in 2020 and it is estimated to grow at a CAGR of 12.6% during 2021-2026. The growth can be attributed to the adoption of Wi-Fi HaLow devices across various industries due to its ability to offer long range connectivity at low cost, low power consumption, and avail high data speed as compared to others. Furthermore, its ability to provide network in dead zones, better battery life, higher scalability, simple installation process are the main market drivers. Wi-fi HaLow technology’s ability to penetrate through walls, buildings or other barriers is also considered as an important factor contributing to the market growth. This technology supports a carrier-sense multiple access with collision avoidance (CSMA/CA) which acts to prevent collision before it occurs. This in turn, increases the adoption rate of this technology. In addition, it also supports machine to machine communication, various types of adaptive coding and modulation (ACM) schemes that are progressively being used to increase the network capacity or downlink data rates. This is a major contributing factor to the market growth.



WI-FI HaLow Devices Market Segment Analysis- By Device Type



By device type, this market is segmented into Transceiver, Chipsets, Modules, and others. Wi-Fi HaLow chipsets market is analyzed to grow with the fastest CAGR of 15.5% during the forecast period. Organizations are collaborating and investing heavily for the development of this market. In June 2019, NEWRACOM had collaborated with Fortune tech system in order to provide world’s first miniaturized HaLow solution built on Raspberry Pi 3. This product is highly integral and equipped with NEWRACOM’S 802.11ah WI-FI-SoC. This solution can be used in various IoT applications such as smart home, smart office, smart industry, smart city, healthcare sectors, smart grid, security systems, smart controllers, smart motors and others. In March 2021, LitePoint collaborated with Morse Micro to accelerate the connectivity of Wi-Fi HaLow. LitePoint IQxel-MWTM also validates the performance of the Morse Micro System-on-Chip family. These types of collaborations will drive the WiFi HaLow module market in the forecast period 2021-2026.



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WI-FI HaLow Devices Market Segment Analysis- By End-User Industry



The WI-FI HaLow market is segmented into power, oil & gas, automotive, healthcare, mining, agriculture, waste water & treatment, transportation & logistics, electronics & semiconductors, metal processing, general manufacturing, paper & pulp, Construction and others, based on the end-used industry. Healthcare WI-FI HaLow device Market is estimated to witness a highest growth CAGR 18.1% during forecast period 2021-2026 owing to its ability to provide real time information about a patient’s health condition and their location. The demand for reliable communication system and a quick access to patient’s medical record facilitates the adoption of IoT in this sector. Thereby, increases the demand for WI-FI HaLow. These features make HaLow devices ideal for healthcare sector in which getting real time information is a pertinent feature. The current Covid-19 pandemic has accelerated the growth in demand for digital health care services such as smart monitoring, tele-health services, tele-medicine services, personal fitness wearable devices, elderly monitoring and others, which in-fact created various new growth avenues for Wi-Fi HaLow based devices. The above mentioned factors will play a major role in the market growth.



WI-FI HaLow Devices Market Segment Analysis- By Geography



North America dominated the Wi-Fi HaLow Devices market in 2020 with a share close to 38%, and is estimated that the market of this region is also going to witness highest growth during the forecast period. WI-FI HaLow has different radio spectrum allocation for different countries. The band ranges for different countries are 902-928MHz in U.S., 863-868 MHz in Europe, 717-723 MHz in Korea, 755-787 MHz in China and many countries do not even have an operating frequency spectrum. The only operating ISM band for HaLow product is 900 MHz, which makes HaLow a U.S. centric product which drives the North American market.



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WI-FI HaLow Devices Market Drivers



Network Connectivity:



Wi-Fi HaLow builds on spectral efficient orthogonal frequency-division multiplexing (OFDM) foundations and operates in frequency bands below one gigahertz due to which, it can offer a prolonged use, as it consumes less power and connectivity to Wi-Fi products. These features make HaLow devices ideal for short and burst data which is particularly used for IoT applications. Apart from this, it can provide network connectivity even to those places where the cellular networks or the traditional Wi-Fi connectivity can’t reach such as dead zones, subways, hilly areas, typical rural areas, deep inside the buildings and others which makes HaLow ideal for smart home, digital health care services, connected cars, smart city as well as industrial application. It also uses direct-sequence spread spectrum (DSSS), that effectively helps this technology to avoid intentional interference such as jamming and performs better than FHSS in the presence of noise that makes it perfectly suitable for security related applications.



Increasing Investment and Development in WI-FI HaLoW:



The investment in WI-FI HaLow is anticipated to grow rapidly due to the tremendous level of development and innovation scope for this technology. In November 2020, Australia based company, Morse Micro had secured additional $13 million fund to accelerate WIFI HaLow development. In November 2020, Scenestek came up with the first skyline technology based Wi-Fi HaLow security camera with 1000 foot range. It can easily penetrate through walls, buildings and the installation process is super easy. It is said that the world wide shipping will start from April or May 2021. Recent developments and increasing investment in Wi-Fi HaLow are working as growth drivers for this market.



Wi-FiHaLow Devices Market Challenges



Availability of beneficial alternatives:



The launch of the 802.11ax alongside the launch of Wi-Fi HaLow had a distinct adverse effect on the market of Wi-Fi HaLow. 802.11ax solutions that were more in demand than 802.11ah or HaLow solutions because unlike HaLow, it had a standard frequency spectrum which makes them cost effective. Similarly, there has been a perceptible increase in the demand and the investment for 5g and LTE IoT products, leaving almost no resources for HaLow market to grow which is a major market challenge for WI-FI HaLow.



WI-FI HaLow Devices Market Landscape



Technology launches, Acquisitions, Collaboration, and R&D activities are key strategies adopted by players in the Wi-FiHaLow Devicesmarket. Top Wi-Fi HaLow Devices companies include NEWRACOM Inc., AdvanWISE, Morse Micro Pty. Ltd., Methods2Busines B.V., Silex Technology, Palma CeiaSemiDesign, Inc., Scenestek technology, Adapt-IP and others.



Acquisitions/Technology Launches



In February 2020, Silex technology collaborated with Newracom and launched industries first WIFI HaLow module, SX-NEWAH. Powered by NEWRACOM's NRC7292 system on a chip, SX-NEWAH operates in the Sub 1 GHz licensed band and enables 1 km+ long connectivity range while maintaining the low power requirement.



In August 2019, Adapt-IP had announced the availability of their newly developed platform for WI-FI HaLow Development. This is available for the integrators and developers of IoT market. This platform supports the IEEE 802.11ah standards and offers a hardware and software environment for development.



Key Takeaways



Agriculture sector is analyzed to grow with a significant pace during the forecast period, owing to increasing demand for IoT, connected devices and digital platforms in agricultural sector.



By device type, chipsets market is estimated to witness the fastest growth, owing to the rising investments and collaboration among the organizations.



North America dominated the Wi-Fi HaLow Devices market in terms of value in 2020 owing to its technological advancement and having the ideal operating ISM band.



The market's ability to provide network coverage to dead zones works as a growth driver.



Wi-Fi HaLow industry outlook is consolidated with the top market players including NEWRACOM Inc., AdvanWISE, Morse Micro Pty. Ltd., Methods2Busines B.V., Silex Technology and many others.



Related Reports :



A. Wi-Fi Module Market

https://www.industryarc.com/Research/Wi-Fi-Module-Market-Research-505734



B. Wi-fi Chipset Market

https://www.industryarc.com/Research/Wi-fi-Chipset-Market-Research-505347



For more Electronics Market reports, please click here



About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

IndustryARC

Venkat Reddy

(+1) 970-236-3677

venkat@industryarc.com

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