Wireless Connected Devices Market to Witness Exponential Growth by 2027
According to a new market report pertaining to the global wireless connected devices market published by Transparency Market Research the global wireless connected devices market is projected to reach a volume of 5 billion units by 2027. The wireless connected devices market is projected to expand at a CAGR of ~8% from 2019 to 2027. Growth of the wireless connected devices market can be attributed to increasing innovations and technological advancements. Over the forecast period, the market in the Middle East & Africa is anticipated to grow rapidly in the global wireless connected devices market, at a CAGR of ~12%. In terms of number of units, the market is dominated by Asia Pacific, followed by North America. In the wireless connected devices market, computing/communication devices stood at ~1.6 billion units in 2017, which is expected to reach ~2.8 billion units by 2027, expanding at a CAGR of ~6% durin...