Wearable devices, smart homes, and public hotspots have become the most potential IoT applications for Wi-Fi technology, according to Taipei-based MIC (Market Intelligence and Consulting Institute). In particular, with branded and emerging vendors' aggressive development, the wearable device market is expected to reach 230 million units in 2019 from 21 million units in 2014.
Shipment Share of Wearable Devices with Wi-Fi
Source: MIC, December 2015
"In 2014, wearable devices with Wi-Fi support only accounted for 2.9%; however, the share is estimated to reach 21.4% in 2015 at 16 million units," says Yi-Hua Shen, industry analyst with MIC. "Due to size and weight restrictions, battery life has played a key role in wearable devices, so low-power Bluetooth technology has been the major connectivity technology for wearable devices. For example, while smart watches Moto 360 and Sony SmartWatch 3 have provided Wi-Fi functions, they were not supported by Android Wear system until 2015 when Apple Watch hit the market. With better user experience in mind, Apple Watch has been equipped with Wi-Fi support, allowing users to connect with iPhones when they are not in Bluetooth range. Android Wear has thus followed suit to add support for Wi-Fi communications, leading to a growing trend of wearable devices integrating Wi-Fi."
For small- and medium-sized Wi-Fi equipment makers including Taiwanese vendors, they will have more opportunities to expand into the IoT industry—either through independent development or participating in the alliances—to create more innovative products or added value. This will facilitate their business transformation.
To see more about this report, please visit: Development of the Worldwide WLAN Industry
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Market Intelligence & Consulting Institute (MIC), based in Taipei, Taiwan, was founded in 1987. MIC is Taiwan's premier IT industry research and consulting firm providing intelligence, in-depth analysis, and strategic consulting services on global IT product and technology trends, focusing on markets and industries in Asia-Pacific. MIC is part of the Institute for Information Industry. http://mic.iii.org.tw/english