According to a new report published by Allied Market Research, titled, "WiGig Market," The wigig market was valued at $22.83 million in 2022, and is estimated to reach $278.1 million by 2032, growing at a CAGR of 28.7% from 2023 to 2032.
The WiGig market is segmented on the basis of product, type, technology, end user, and region. On the basis of product, it is categorized into network infrastructure devices and display devices. On the basis of type, it is bifurcated into 802.11ad and 802.11ay. On the basis of technology, it is divided into system-on-Chip (SoC) and integrated circuit chip (IC). On the basis of end user, it is fragmented into networking, consumer electronics and commercial. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
On the basis of technology, integrated circuit chip segment dominated the WiGig market in 2022 and is expected to several gadgets, including laptops, tablets, smartphones, Internet of Things devices, and networking equipment use wireless gigabit SoCs propels the market growth significantly. However, the system-on-chip segment is expected to witness the highest growth, owing to facilitating data-intensive applications like online gaming, high-definition video streaming, and cloud-based services.
The key players operating in the market include Intel Corporation, Advanced Micro Devices, Inc., Broadcom, Qualcomm Technologies, Inc., Panasonic Corporation, NEC CORPORATION, NVIDIA Corporation, MediaTek Inc., SAMSUNG and NXP semiconductors. Furthermore, it highlights the strategies of the key players to improve the market share and sustain competition.
The report focuses on growth prospects, restraints, and analysis of the WiGig trend. The study provides Porter's five forces analysis to understand the impact of numerous factors, such as the bargaining power of suppliers, the competitive intensity of competitors, the threat of new entrants, the threat of substitutes, and the bargaining power of buyers on the WiGig market share.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the wigig market analysis from 2022 to 2032 to identify the prevailing wigig market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the wigig market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global wigig market trends, key players, market segments, application areas, and market growth strategie.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- Upcoming/New Entrant by Regions
- Market share analysis of players by products/segments
- Regulatory Guidelines
- Strategic Recommedations
- Additional company profiles with specific to client's interest
- Expanded list for Company Profiles
- Historic market data
- Market share analysis of players at global/region/country level
- SWOT Analysis
Key Market Segments
By Product
- Display Devices
- Network Infrastructure Devices
By Type
By Technology
- Integrated Circuit Chips (IC)
- System-on-Chip (SoC)
By End User
- Networking
- Consumer Electronics
- Commercial
By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- Intel Corporation
- Advanced Micro Devices, Inc.
- Broadcom
- Qualcomm Technologies, Inc.
- Panasonic Corporation
- NEC CORPORATION
- NVIDIA Corporation
- MediaTek Inc.
- SAMSUNG
- NXP semiconductors