How Big is the Wireless Module Market | Trends & Forecast 2025

Code: MTA9827 Publication Date: Oct 2025

How Big is the Wireless Module Market?

According to 6Wresearch internal database and industry insights, the Global Wireless Module Market was valued at USD 3.5 Billion in 2024 and is expected to reach USD 5.07 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).

There are numbers of factors which are contributing in the expansion of the market include increasing adoption of IoT devices, rising demand for connected solutions in automotive, industrial, and consumer electronics, advancements in Wi-Fi, Bluetooth, and LPWAN modules, and the need for seamless and low-power wireless communication.

Key Growth Drivers of the Wireless Module Market

  • Rising deployment of IoT-enabled devices across industrial and automotive sectors
  • The demand for compact, energy-efficient, and high-performance wireless modules
  • The technological advancements in Wi-Fi, Bluetooth, Zigbee, LoRa, and LPWAN modules
  • Increasing adoption in connected vehicles, smart homes, and industrial automation
  • Expansion of smart city, healthcare, and enterprise wireless applications

Wireless Module Market Trends

Wireless Module Market is witnessing major growth with notable trends such as the development of multi-protocol modules supporting Wi-Fi, Bluetooth, and LPWAN in a single device. The adoption of compact and energy-efficient modules for battery-powered devices is increasing the market growth. There is rising focus on integration with IoT platforms, edge computing, and AI-enabled devices for real-time data processing. Wireless modules with enhanced security and low-latency communication are gaining traction. Adoption in automotive, industrial IoT, and smart home applications is increasing.

Emerging Developments in the Wireless Module Market

Wireless Module Market is evolving with advancements in 5G-enabled modules, ultra-low power LPWAN modules, and multi-band connectivity solutions. Researchers are working on high-throughput, low-latency, and secure communication modules. Businesses are putting money into small, powerful modules that can be used in cars, factories, and homes. The growth of smart city, healthcare, and business IoT networks is what makes people want to use them. More, wireless module makers and IoT platform providers are working together. New modules are coming out that have built-in AI processing, predictive maintenance, and device management.

List of Leading Companies in the Wireless Module Market

Some of the leading companies include:

  • Qualcomm Technologies, Inc.
  • Murata Manufacturing Co., Ltd.
  • Nordic Semiconductor ASA
  • Broadcom Inc.
  • Texas Instruments Inc.
  • MediaTek Inc.
  • u-blox AG

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