The Top 10 Mobility Technologies Market is
expected to grow at a significant rate during the forecast period. The growth
of this market is being propelled by the rapid technological advancements and
increased need for wireless connectivity. The scope of this report covers the
top mobility technologies market on the basis of diverse segments such as,
product, industry, application, geography, and others.
The application areas of the
wearable technology range from consumer durables and healthcare to enterprise,
industrial, and so on. The overall wearable technology market holds prominent
growth potential between 2016 and 2022. The growth of this market can be
attributed to the consumer preferences for sophisticated gadgets, increasing
growth prospects of next-generation displays and integrated consumer wearable
devices, and increasing popularity of wearable fitness and medical devices.
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Mobile augmented reality (MAR)
allows computer-generated data to precisely overlay physical objects in
real-time through handheld devices such as smartphones cameras, tablets,
personal digital assistants (PDAs), game consoles, smart glasses, and wearable
devices. The increasing adoption of mobile augmented reality in the e-commerce
and retail, gaming, and entertainment sectors is driving the market growth.
Also, the growing demand for smartphones and tablets incorporated with
augmented reality apps would fuel the market growth during the forecast period.
The wireless gigabit technology
allows users to build faster and more efficient communication network. WiGig
has the ability to transfer data at 60 GHz. The technology was specifically
developed for low-range wireless communication for the home entertainment
industry, majorly connecting to devices such as PCs, laptops, tablets, routers,
smartphones, adapters, and so on. The growth of this technology has
instilled the need for faster data transfer and wireless connectivity, thereby
enabling instantaneous transfer, display, sharing, and streaming of files
across various computing or multimedia devices.
Mobile biometrics is a technology
used for identification and authentication purposes by measuring and analyzing
characteristics such as DNA, fingerprints, retinas, and others. The rising
instances of security breaches and terrorist activities, increasing crime
rates, and growing threats to public and private property and educational
institutions have intensified the awareness about security. The growth of the
mobile biometrics market is primarily driven by the factors such as government initiatives
to adopt biometrics in various fields, increasing use of biometrics in
smartphones, introduction of e-passports, increased use of biometric technology
in numerous segments, and adoption of biometric technology in election
administration.
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Cellular IoT consists of seven
technologies 2G, 3G, 4G, LTE–M, NB–IoT, NB–LTE–M, and 5G. These technologies
operate on the licensed spectrum and are used for high-quality data and voice
services. The growing demand for low-power consumption devices for machine-to-machine
communication, along with the low deployment costs, is driving the growth of
the market for cellular IoT technology. Other LPWA technologies have less
battery life compared to cellular IoT technology and have less coverage area
compared to cellular networks. Thus, cellular IoT has an added advantage of
transferring data at a lower rate, thereby offering a larger battery life to
connected objects.
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