The global WiGig market size reached US$ 3.2 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 12.0 Billion by 2032, exhibiting a growth rate (CAGR) of 15.8% during 2023-2032.
WiGig refers to a wireless technology used in a wide range of devices, such as handheld equipment and consumer electronics, for short-range, high-speed transmission. It offers the benefits of expanded capacity and focused communication between devices to reduce interference in crowded environments. Moreover, it allows Wi-Fi devices to access the uncongested frequency band with wide channels and transmit data efficiently at a multi-gigabit (GB) per second speed. As a result, it is currently being used in gaming, multimedia streaming, personal computer (PC) docking, general-purpose networking, file transferring, and enterprise applications requiring high speed, data-intensive connections worldwide.
2. What is the expected growth rate of the global WiGig market during 2024-2032?
3. What are the key factors driving the global WiGig market?
4. What has been the impact of COVID-19 on the global WiGig market?
5. What is the breakup of the global WiGig market based on the product?
6. What is the breakup of the global WiGig market based on the protocol?
7. What is the breakup of the global WiGig market based on the enterprise size?
8. What is the breakup of the global WiGig market based on the end use industry?
9. What are the key regions in the global WiGig market?
10. Who are the key players/companies in the global WiGig market?
WiGig refers to a wireless technology used in a wide range of devices, such as handheld equipment and consumer electronics, for short-range, high-speed transmission. It offers the benefits of expanded capacity and focused communication between devices to reduce interference in crowded environments. Moreover, it allows Wi-Fi devices to access the uncongested frequency band with wide channels and transmit data efficiently at a multi-gigabit (GB) per second speed. As a result, it is currently being used in gaming, multimedia streaming, personal computer (PC) docking, general-purpose networking, file transferring, and enterprise applications requiring high speed, data-intensive connections worldwide.
WiGig Market Trends:
Public Wi-Fi helps achieve various smart city objectives, which include bridging the digital divide, enabling internet of things (IoT) based city services, and providing amenities for residents, students, visitors, and tourists. This, in confluence with rising investments in smart city developments by governing agencies of numerous countries, represents one of the key factors impelling the market growth. Apart from this, WiGig devices are utilized in different businesses for enabling employees to complete work from a multitude of devices without the hassle of a wired connection. They are also utilized for efficient in-office networking, transferring large files, running bandwidth-heavy applications seamlessly, and projecting graphics and audio to a large screen in a conference room or auditorium with very low latency. Furthermore, WiGig products find usage in convenient public kiosk services and wireless docking between devices like smartphones, laptops, projectors, and tablets. They are also widely being adopted for fast download of high definition (HD) movies, simultaneous streaming of multiple, ultra-HD videos, and immersive gaming, augmented reality (AR), and virtual reality (VR) experiences. This, coupled with increasing consumer spending on digital media, is contributing to the market growth.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global WiGig market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on product, protocol, technology type, enterprise size and end use industry.Breakup by Product:
- Networking Devices
- Consumer Electronics
Breakup by Protocol:
- 802.11ac
- 802.11ad
Breakup by Technology Type:
- System-on-Chip (SoC)
- Integrated Circuit Chip (IC)
Breakup by Enterprise Size:
- Small and Medium-sized Enterprises
- Large Enterprises
Breakup by End Use Industry:
- BFSI
- Healthcare
- IT and Telecom
- Retail
- Media and Entertainment
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- The competitive landscape of the industry has also been examined along with the profiles of the key players being Blu Wireless, Broadcom Inc., Cisco Systems Inc., Intel Corporation, Marvell Technology Inc., NXP Semiconductors N.V., Panasonic Corporation, Peraso Technologies Inc., Qualcomm Technologies Inc., Samsung Electronics Co. Ltd., Sivers Semiconductors AB and Tensorcom Inc
Key Questions Answered in This Report
1. What was the size of the global WiGig market in 2023?2. What is the expected growth rate of the global WiGig market during 2024-2032?
3. What are the key factors driving the global WiGig market?
4. What has been the impact of COVID-19 on the global WiGig market?
5. What is the breakup of the global WiGig market based on the product?
6. What is the breakup of the global WiGig market based on the protocol?
7. What is the breakup of the global WiGig market based on the enterprise size?
8. What is the breakup of the global WiGig market based on the end use industry?
9. What are the key regions in the global WiGig market?
10. Who are the key players/companies in the global WiGig market?
Table of Contents
1 Preface3 Executive Summary13 Value Chain Analysis15 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global WiGig Market
6 Market Breakup by Product
7 Market Breakup by Protocol
8 Market Breakup by Technology Type
9 Market Breakup by Enterprise Size
10 Market Breakup by End Use Industry
11 Market Breakup by Region
12 SWOT Analysis
14 Porters Five Forces Analysis
16 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Blu Wireless
- Broadcom Inc.
- Cisco Systems Inc.
- Intel Corporation
- Marvell Technology Inc.
- NXP Semiconductors N.V.
- Panasonic Corporation
- Peraso Technologies Inc.
- Qualcomm Technologies Inc.
- Samsung Electronics Co. Ltd.
- Sivers Semiconductors AB and Tensorcom Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 141 |
Published | March 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 3.2 Billion |
Forecasted Market Value ( USD | $ 12 Billion |
Compound Annual Growth Rate | 15.8% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |