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Wireless Connectivity Software Market Size to Surge Vigorously during the Forecast Period 2017-2025
Posted: Nov 22, 2017
Wireless Connectivity Software: Introduction
Wireless connectivity is an approach adopted in residential and enterprise connections to carry out smooth communication and networking between devices and reduce dependence on cables and wires for connectivity. Wireless connectivity software primarily assists in creating an access point for data transfer between two or more devices. Wireless connectivity software operates as a user interface tool between hardware devices, which are embedded with transmitter and receiver components, by setting up, editing and managing network profiles in order to connect to a network. This software controls basic wireless profile configurations and assists in creating advanced profiles.
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In a business enterprise, from the administration perspective, wireless connectivity software features user interface design with advanced tools to control client software and enforces enterprise network policies and basic admin tools such as IT administrator tool, statistics, diagnostics, and troubleshooting tool. This software is also useful in various applications of Internet of things, ranging from control devices to cloud gateways.
Wireless Connectivity Software: Drivers and Restraints
The major factor driving the growth of global wireless connectivity software market is the increase in demand for wireless technology devices in both residential and commercial space. Other factors such as, increase in usage of smartphones, surge in adoption of IoT and cloud computing devices such as wearable electronic devices, and the complexity involved and infrastructure requirements in cables and wire connectivity are also driving the growth of wireless connectivity software market.
However, high power consumption, operational costs, and requirement for enhanced information security are some of the challenges faced by wireless connectivity software market.
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Wireless Connectivity Software: Key Players
STMicroelectronics, Intel Corporation, Texas Instruments Incorporated, Cisco, VOLANSYS TECHNOLOGIES PVT. LTD., Smith Micro Software, Inc., Open Mesh, Inc., AT&T, and Hewlett-Packard Enterprise are some of the key players in wireless connectivity software market.
Global Sales Performance Management Solutions Market Trends
One of the important trends happening in the global sales performance management solutions market is increasing number of acquisitions of start-ups and small companies by big companies. For instance, in 2016, Callidus Software Inc. acquired the technology assets of enterprise gamification company, Badgeville in an all-cash deal of US$ 7.5 million. Other major acquisitions in this market include TribeHR by NetSuite Inc., Inc., Clicktools by Callidus Software, Inc., and Concur Technologies by SAP AG.
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