Wifi HaLoW Devices Market - Forecast(2024 - 2030)

WI-FIHaLow Devices market size was valued at 5.6 million units in 2020 and it is estimated to grow at a CAGR of 12.6% during 2021-2026. The growth can be attributed to the adoption of Wi-Fi HaLow devices across various industries due to its ability to offer long range connectivity at low cost, low power consumption, and avail high data speed as compared to others. Furthermore, its ability to provide network in dead zones, better battery life, higher scalability, simple installation process are the main market drivers. Wi-fi HaLow technology’s ability to penetrate through walls, buildings or other barriers is also considered as an important factor contributing to the market growth. This technology supports a carrier-sense multiple access with collision avoidance (CSMA/CA) which acts to prevent collision before it occurs. This in turn, increases the adoption rate of this technology. In addition, it also supports machine to machine communication, various types of adaptive coding and modulation (ACM) schemes that are progressively being used to increase the network capacity or downlink data rates. This is a major contributing factor to the market growth.

The report: “Wi-Fi HaLow Devices Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Wi-Fi HaLow Devices Market.

By device type: Transceiver, Chipsets, Modules, and others.

By application: Industrial sensor network systems, smart security surveillance, building automation, smart agriculture, connected vehicles, home automation, digital healthcare system, industrial automation and others.

By end user industry: power, oil & gas, automotive, healthcare, mining, agriculture, waste water & treatment, transportation & logistics, electronics & semiconductors, metal processing, general manufacturing, paper & pulp, Construction and others.

By geography: North America (US, Canada, Mexico),Europe (Germany, France, UK, Italy, Spain, Rest of Europe), APAC (Japan, China, India, Australia, South Korea, rest of APAC), South America (Brazil, Argentina, rest of South America), and RoW (Africa, Middle East)

By device type, this market is segmented into Transceiver, Chipsets, Modules, and others. Wi-Fi HaLow chipsets market is analyzed to grow with the fastest CAGR of 15.5% during the forecast period. Organizations are collaborating and investing heavily for the development of this market. In June 2019, NEWRACOM had collaborated with Fortune tech system in order to provide world’s first miniaturized HaLow solution built on Raspberry Pi 3. This product is highly integral and equipped with NEWRACOM’S 802.11ah WI-FI-SoC. This solution can be used in various IoT applications such as smart home, smart office, smart industry, smart city, healthcare sectors, smart grid, security systems, smart controllers, smart motors and others. In March 2021, LitePoint collaborated with Morse Micro to accelerate the connectivity of Wi-Fi HaLow. LitePoint IQxel-MWTM also validates the performance of the Morse Micro System-on-Chip family. These types of collaborations will drive the WiFi HaLow module market in the forecast period 2021-2026.

The WI-FI HaLow market is segmented into power, oil & gas, automotive, healthcare, mining, agriculture, waste water & treatment, transportation & logistics, electronics & semiconductors, metal processing, general manufacturing, paper & pulp, Construction and others, based on the end-used industry. Healthcare WI-FI HaLow device Market is estimated to witness a highest growth CAGR 18.1% during forecast period 2021-2026 owing to its ability to provide real time information about a patient’s health condition and their location. The demand for reliable communication system and a quick access to patient’s medical record facilitates the adoption of IoT in this sector. Thereby, increases the demand for WI-FI HaLow. These features make HaLow devices ideal for healthcare sector in which getting real time information is a pertinent feature. The current Covid-19 pandemic has accelerated the growth in demand for digital health care services such as smart monitoring, tele-health services, tele-medicine services, personal fitness wearable devices, elderly monitoring and others, which in-fact created various new growth avenues for Wi-Fi HaLow based devices. The above mentioned factors will play a major role in the market growth.

North America dominated the Wi-Fi HaLow Devices market in 2020 with a share close to 38%, and is estimated that the market of this region is also going to witness highest growth during the forecast period. WI-FI HaLow has different radio spectrum allocation for different countries. The band ranges for different countries are 902-928MHz in U.S., 863-868 MHz in Europe, 717-723 MHz in Korea, 755-787 MHz in China and many countries do not even have an operating frequency spectrum. The only operating ISM band for HaLow product is 900 MHz, which makes HaLow a U.S. centric product which drives the North American market.

Wi-Fi HaLow builds on spectral efficient orthogonal frequency-division multiplexing (OFDM) foundations and operates in frequency bands below one gigahertz due to which, it can offer a prolonged use, as it consumes less power and connectivity to Wi-Fi products. These features make HaLow devices ideal for short and burst data which is particularly used for IoT applications. Apart from this, it can provide network connectivity even to those places where the cellular networks or the traditional Wi-Fi connectivity can’t reach such as dead zones, subways, hilly areas, typical rural areas, deep inside the buildings and others which makes HaLow ideal for smart home, digital health care services, connected cars, smart city as well as industrial application. It also uses direct-sequence spread spectrum (DSSS), that effectively helps this technology to avoid intentional interference such as jamming and performs better than FHSS in the presence of noise that makes it perfectly suitable for security related applications.

The investment in WI-FI HaLow is anticipated to grow rapidly due to the tremendous level of development and innovation scope for this technology. In November 2020, Australia based company, Morse Micro had secured additional $13 million fund to accelerate WIFI HaLow development. In November 2020, Scenestek came up with the first skyline technology based Wi-Fi HaLow security camera with 1000 foot range. It can easily penetrate through walls, buildings and the installation process is super easy. It is said that the world wide shipping will start from April or May 2021. Recent developments and increasing investment in Wi-Fi HaLow are working as growth drivers for this market.

The launch of the 802.11ax alongside the launch of Wi-Fi HaLow had a distinct adverse effect on the market of Wi-Fi HaLow. 802.11ax solutions that were more in demand than 802.11ah or HaLow solutions because unlike HaLow, it had a standard frequency spectrum which makes them cost effective. Similarly, there has been a perceptible increase in the demand and the investment for 5g and LTE IoT products, leaving almost no resources for HaLow market to grow which is a major market challenge for WI-FI HaLow.

Technology launches, Acquisitions, Collaboration, and R&D activities are key strategies adopted by players in the Wi-FiHaLow Devicesmarket. Top Wi-Fi HaLow Devices companies include NEWRACOM Inc., AdvanWISE, Morse Micro Pty. Ltd., Methods2Busines B.V., Silex Technology, Palma CeiaSemiDesign, Inc., Scenestek technology, Adapt-IP and others.