The North America Wireless Gigabit Market is expected to witness market growth of 25.2% CAGR during the forecast period (2024-2031).
The US market dominated the North America Wireless Gigabit Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $43.26 millions by 2031. The Canada market is experiencing a CAGR of 27.9% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 26.8% during 2024-2031.
The wireless gigabit market is rapidly emerging as a transformative force in wireless communication, promising to revolutionize how data is transmitted in consumer and industrial settings. The market is anticipated to grow considerably in the coming years as the demand for high-speed wireless communication continues to surge across various sectors, including consumer electronics, enterprise applications, and industrial automation.
One of the most appealing aspects of WiGig is its ability to provide ultra-fast wireless connectivity in environments where traditional wireless technologies may struggle to meet performance demands. In addition, WiGig’s higher bandwidth capabilities make it well-suited for applications such as virtual reality (VR), augmented reality (AR), and ultra-high-definition video streaming, where large amounts of data need to be transmitted quickly and with minimal delay. This has made WiGig an attractive option for industries that require high-performance wireless communication, including gaming, entertainment, and content creation.
Mexico is witnessing a surge in demand for high-speed internet, particularly in urban areas where connectivity needs are growing rapidly. As of 2021, the World Bank reported that the proportion of people using the Internet in Mexico had reached 76%, with ongoing efforts to expand access to underserved regions. The increased use of video conferencing, online education, and e-commerce fuel the rising demand for faster internet services. WiGig technology, with its ability to provide fast and stable wireless connections, offers a viable solution to meet these growing demands.
The Mexican government has implemented numerous initiatives, including the Programa Internet para Todos, to increase the availability of high-speed internet in rural and remote regions. These efforts are expected to drive further adoption of WiGig as the country seeks to improve its digital infrastructure. Hence, these developments, supported by government programs and initiatives, create a robust market landscape for WiGig technology in the region.
The US market dominated the North America Wireless Gigabit Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $43.26 millions by 2031. The Canada market is experiencing a CAGR of 27.9% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 26.8% during 2024-2031.
The wireless gigabit market is rapidly emerging as a transformative force in wireless communication, promising to revolutionize how data is transmitted in consumer and industrial settings. The market is anticipated to grow considerably in the coming years as the demand for high-speed wireless communication continues to surge across various sectors, including consumer electronics, enterprise applications, and industrial automation.
One of the most appealing aspects of WiGig is its ability to provide ultra-fast wireless connectivity in environments where traditional wireless technologies may struggle to meet performance demands. In addition, WiGig’s higher bandwidth capabilities make it well-suited for applications such as virtual reality (VR), augmented reality (AR), and ultra-high-definition video streaming, where large amounts of data need to be transmitted quickly and with minimal delay. This has made WiGig an attractive option for industries that require high-performance wireless communication, including gaming, entertainment, and content creation.
Mexico is witnessing a surge in demand for high-speed internet, particularly in urban areas where connectivity needs are growing rapidly. As of 2021, the World Bank reported that the proportion of people using the Internet in Mexico had reached 76%, with ongoing efforts to expand access to underserved regions. The increased use of video conferencing, online education, and e-commerce fuel the rising demand for faster internet services. WiGig technology, with its ability to provide fast and stable wireless connections, offers a viable solution to meet these growing demands.
The Mexican government has implemented numerous initiatives, including the Programa Internet para Todos, to increase the availability of high-speed internet in rural and remote regions. These efforts are expected to drive further adoption of WiGig as the country seeks to improve its digital infrastructure. Hence, these developments, supported by government programs and initiatives, create a robust market landscape for WiGig technology in the region.
List of Key Companies Profiled
- Broadcom, Inc.
- Cisco Systems, Inc.
- Intel Corporation
- Panasonic Holdings Corporation
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- Samsung Electronics Co., Ltd. (Samsung Group)
- STMicroelectronics N.V.
- Marvell Technology Group Ltd.
- PERASO INC.
- Tensorcom, Inc. (NantWorks, LLC)
Market Report Segmentation
By Product
- Network Infrastructure Devices
- Display Devices
By End-use
- Networking
- Consumer Electronics
- Other End-use
By Technology
- System-on-Chip (SoC)
- Integrated Circuit Chip (IC Chip)
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Wireless Gigabit Market by Product
Chapter 6. North America Wireless Gigabit Market by End-use
Chapter 7. North America Wireless Gigabit Market by Technology
Chapter 8. North America Wireless Gigabit Market by Country
Chapter 9. Company Profiles
Companies Mentioned
Some of the key companies profiled in this North America Wireless Gigabit market report include:- Broadcom, Inc.
- Cisco Systems, Inc.
- Intel Corporation
- Panasonic Holdings Corporation
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- Samsung Electronics Co., Ltd. (Samsung Group)
- STMicroelectronics N.V.
- Marvell Technology Group Ltd.
- PERASO INC.
- Tensorcom, Inc. (NantWorks, LLC)
Methodology
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