The Europe Wireless Gigabit Market is expected to witness market growth of 25.6% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe 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 $10.26 millions by 2031. The UK market is exhibiting a CAGR of 24.5% during 2024-2031. Additionally, the France market would experience a CAGR of 26.9% during 2024-2031.
The AR/VR industry relies on low-latency connections to offer users seamless experiences, especially in entertainment, healthcare, and education. WiGig’s high-speed, short-range capabilities in these applications allow transmitting large volumes of data between devices (such as VR headsets and PCs or gaming consoles) without delay. At the same time, 5G ensures wider network connectivity.
The consumer electronics sector is one of the primary drivers of the market, as demand for high-speed wireless communication continues to grow with the increasing adoption of smart devices, gaming consoles, and VR/AR headsets. The demand for WiGig-enabled devices is on the rise as consumers seek more reliable and quicker wireless connectivity for applications such as online gaming, video streaming, and file sharing. Leading consumer electronics manufacturers are increasingly incorporating WiGig technology into their products to meet this demand, driving the adoption of WiGig in the consumer sector.
Italy is actively advancing its digital infrastructure, with the adoption of 5G networks playing a key role in driving WiGig demand. Italy is 1ˢᵗ in Europe regarding households having access to the 5G network (99.7%). The National Recovery and Resilience Plan (NRRP) allocates 51 billion euros for the Digital Transition. Among the specific objectives, nationwide 1 Gbit/s connectivity will be guaranteed by 2026, ahead of the EU targets for 2030.
As 5G networks expand, WiGig technology is being deployed in urban areas and smart city projects, providing high-speed local wireless communication to complement broader 5G connectivity. This combination supports applications such as smart infrastructure, autonomous vehicles, and real-time data transmission, all of which rely on the ultra-fast, low-latency communication offered by WiGig. Thus, the region will present lucrative growth opportunities for the market throughout the forecast period.
The Germany market dominated the Europe 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 $10.26 millions by 2031. The UK market is exhibiting a CAGR of 24.5% during 2024-2031. Additionally, the France market would experience a CAGR of 26.9% during 2024-2031.
The AR/VR industry relies on low-latency connections to offer users seamless experiences, especially in entertainment, healthcare, and education. WiGig’s high-speed, short-range capabilities in these applications allow transmitting large volumes of data between devices (such as VR headsets and PCs or gaming consoles) without delay. At the same time, 5G ensures wider network connectivity.
The consumer electronics sector is one of the primary drivers of the market, as demand for high-speed wireless communication continues to grow with the increasing adoption of smart devices, gaming consoles, and VR/AR headsets. The demand for WiGig-enabled devices is on the rise as consumers seek more reliable and quicker wireless connectivity for applications such as online gaming, video streaming, and file sharing. Leading consumer electronics manufacturers are increasingly incorporating WiGig technology into their products to meet this demand, driving the adoption of WiGig in the consumer sector.
Italy is actively advancing its digital infrastructure, with the adoption of 5G networks playing a key role in driving WiGig demand. Italy is 1ˢᵗ in Europe regarding households having access to the 5G network (99.7%). The National Recovery and Resilience Plan (NRRP) allocates 51 billion euros for the Digital Transition. Among the specific objectives, nationwide 1 Gbit/s connectivity will be guaranteed by 2026, ahead of the EU targets for 2030.
As 5G networks expand, WiGig technology is being deployed in urban areas and smart city projects, providing high-speed local wireless communication to complement broader 5G connectivity. This combination supports applications such as smart infrastructure, autonomous vehicles, and real-time data transmission, all of which rely on the ultra-fast, low-latency communication offered by WiGig. Thus, the region will present lucrative growth opportunities for the market throughout the forecast period.
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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. Europe Wireless Gigabit Market by Product
Chapter 6. Europe Wireless Gigabit Market by End-use
Chapter 7. Europe Wireless Gigabit Market by Technology
Chapter 8. Europe Wireless Gigabit Market by Country
Chapter 9. Company Profiles
Companies Mentioned
Some of the key companies profiled in this Europe 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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