The wi-fi module market is expected to expand at a higher growth rate in the forecast period owing to the increasing demand of wi-fi modules in across various industries mainly scientific, industrial, commercial, and consumer applications. Adoption of cloud computing and rise in telecommunication, residential, and commercial sectors impact the growth of the market. Introduction of IoT and automation process requires smaller and high performance modules and is expected to drive the demand of wi-fi modules during forecast period. However, increase in privacy and security issues is expected to hinder the growth of the market. Additionally, Efforts are being taken by many companies to upgrade their research and development activities to analyze further application that is expected to generate profitable growth opportunities for the market in the forecast period.
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Wi-Fi Module is a self-contained system on a chip (SoC) integrated with transmission control & internet protocol stack that provides microcontrollers to provide access to the Wi-Fi network. Wi-Fi module is a semiconductor module that acts as a functional unit of the entire wi-fi device system. It helps to connect various electronic devices such as smartphones, tablets, laptops, and smart home appliances including air-conditioner, water heater, thermostat, television, washing machine, and others to the internet. The wi-fi module is designed with enough on-board processing and storage capability that allows it to be integrated with the sensors and other application specific devices. The Wi-Fi module generally contains two main parts: a Wi-Fi chip and an application host processor. The Wi-Fi subsystem includes an 802.11 radio physical layer (PHY), baseband, media access control (MAC), and perhaps a crypto engine for fast, secure Internet connection. The application host processor has internal or external flash, ROM, and RAM. The module generally also comes with I/Os for timers, serial communication interfaces, analog comparators, analog-to-digital converter (ADC), digital-to-analog converter (DAC), crystal oscillators, and a debug interface.