Top 10 Mobility Technologies Market: Overview by Increasing Demands and Sales 2023 to 2027

 Mobility solutions use wireless technologies that enable users to roam freely, with being in touch with the back-end office infrastructure. The Top 10 Mobility Technologies Market report studies the major mobility technologies such as cellular IoT, wireless gigabit, mobile augmented reality, wireless charging for consumer electronics, Bluetooth, automotive vehicle-to-everything, mobile biometric, land mobile radio, automated guided vehicle, and wearable technology.

Qualcomm Incorporated (U.S.) is a leading semiconductor manufacturer and supplier in the world. In 2016, the company acquired NXP Semiconductors; this acquisition would help Qualcomm broaden its customer base. It is among the forerunners in the NB-IoT market. The company has designed LTE modems (MDM9207–1 and MDM9206) to support reliable, optimized cellular connectivity in a growing array of devices and systems within the IoT. Qualcomm continues to expand the LTE capabilities to accelerate progress in the IoT with these modems. The company is developing transformative technologies to advance today’s global wireless standards for 4G LTE. Its global R&D teams help the company grow in the next-generation augmented reality industry. The company has dedicated in-house teams of AR technologists and visionaries based in San Diego (U.S.), Seoul (South Korea), and Vienna (Austria). In addition, it has collaborations with various leading academic institutions such as the Georgia Institute of Technology and Graz Institute of Technology (Austria). The company is involved in the R&D and commercialization of AR technologies.

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Samsung Electronics Corporation Ltd. is known for its electronic gadgets such as smartphones, tablets, wearables, and headsets. It also provides other consumer electronics products such as TVs, laptops, cameras, and audio systems. The company is mainly focused on adopting new technologies for developing high-quality products. Presently, it is focusing on augmented reality applications for its smartphones, smart TVs, and wearable devices. Besides, the company’s global approach toward R&D facilities enables it to have a competitive edge in the market. The wearable technology market is in the promising stage and is expected to grow at a high rate in the near future. So, along with smartphones, the Samsung Group is also focusing on providing wearable technology for enhancing its position in the market. Samsung Electronics faces an intense competition from Google, Inc. (U.S.), Sony Corp. (Japan), and Apple Inc. (U.S.) for wearable products among different network, operating systems, and hardware camps. By focusing more on wearable devices and operating systems in smartphones, the Samsung Group would manage to reduce the costs of wearable devices to a great extent.

Texas Instruments Incorporated (U.S.) designs and manufactures semiconductors. It has announced that data can be exchanged between two wireless devices such as mobile phones and personal digital assistants, through inductive coupling. It has a strong product portfolio as well as R&D capabilities. To increase its market share, the company has been focusing on strategies such as new product launches and development. The company is contributing to the growth of the IoT ecosystem with its wireless connectivity products such as Bluetooth Low Energy modules, embedded Wi-Fi modules, and others. The company also develops and launches a wide range of wireless solutions for the IoT market. Texas Instruments continues to focus on the analog and embedded product segments strategically. It aims to further expand and target innovative market verticals.

The company’s consistent focus on R&D enables it to launch innovative products, which helps in increasing its revenue and market share. Over the last several years, Texas Instruments has been focusing on enhancing its products and launching new innovative solutions through consistent R&D investments.

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