IHS Markit earlier predicted that there will be 250 million devices with wireless charging in 2016.
The telecom research report indicated that the growth in wireless power receivers will be driven by shipments in mobile phones and wearables.
Earlier this year, the IHS Markit consumer survey showed that one in four people has used wireless charging and more than 98 percent of those would choose the feature again on their next phone. Both consumer demand for the feature and the volume of enabled devices are growing each year.
The exclusion of wireless charging on flagship mobile phones such as the Apple iPhone 7 and the wait for the first resonant receiver systems and wireless charging-enabled laptops are driving the market.
In the global automotive market, in-cabin wireless charging continues to grow well. However, the first OEM wireless electric vehicles will not be launched until late 2017, with Mercedes-Benz the first manufacturer to announce its intention to launch with the 2017 S-Class 500 e.
IHS Markit said there will be 1 billion wireless power receivers per year by 2020, with mobile phones and wearables as the two largest product categories.