15 Sep
2020
Whether it’s a start-up venture or a large-scale organization with huge resources, every minute gets counted in every business. Here, wireless network has come up as a powerful tool to boost the overall throughput of a firm in more than one way. With untethered access to important emails, applications, and other documents, employees can get real-time information of any project and get their job done more accurately and precisely.
In the last few years, a huge number of organizations across the world have switched from legacy to wireless networking. However, the leap has definitely not been a trivial one for any business venture. So, it’s really important for every organization, irrespective of their size and stature, to team up with an IT solution provider to bring up all the available solutions before taking the dive.
Key Benefits of Wireless Network Over Its Standard Counterpart:
Synaptics Inc., a San Jose based company, is reportedly purchasing the wireless IoT connectivity trade from Broadcom Inc., another renowned organization in the same city. Synaptics, which is well known for its novel applied science namely "human interface", is all set to pay around $250 million in the all-cash agreement. In turn, it attains the privileges to Broadcom's Bluetooth, Wi-Fi, and commerce in the Internet of Things (IoT) market. The deal has been sanctioned from Synaptics' administratve level and is projected to close in the first quarter of 2021.
According to Allied Market Research, the global wireless connectivity technology market is anticipated to manifest a considerable CAGR from 2019 to 2026. Incorporation of Wi-Fi as wireless LAN connection in several sectors such as industrial, commercial, and residential has worked as a major factor driving the demand for Wi-Fi aided smart lighting. This, in turn, has given a strong boost to the global wireless connectivity technology market. Â At the same time, rise in penetration of IoT-based technologies in the developing economies has created lucrative opportunities for the key players in the industry.
Koyel Ghosh
Authors Bio- Koyel Ghosh is a blogger with a strong passion and enjoys writing in miscellaneous domains, as she believes it lets her explore a wide variety of niches. She has an innate interest in creativity and enjoys experimenting with different writing styles. A writer who never stops imagining, she has been serving the corporate industry for the last five years.
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