Size Study, by Offering, Protocol, Channel, Product, End-User Industry, and Regional Forecasts 2022-2032

Description

The global wireless gigabit market, valued at approximately USD 57.82 million in 2023, is expected to expand at a CAGR of 15.7% during the forecast period 2024-2032. This growth is attributed to the increasing demand for high-speed wireless communication technologies driven by applications in 5G infrastructure, IoT devices, and smart city developments. Wireless gigabit (WiGig), operating primarily in the 60 GHz frequency band, delivers data rates up to 7 Gbps, providing a significant edge over traditional Wi-Fi technologies.

The market growth is driven by rapid advancements in connectivity standards such as IEEE 802.11 ad and ay, coupled with the rising adoption of IoT devices and high-bandwidth applications like online gaming, virtual reality (VR), and high-definition streaming. Wireless gigabit solutions are increasingly being adopted in network infrastructure devices, including routers and access points, as well as display devices like high-resolution screens and projectors.

North America held the largest market share in 2024, supported by advanced technological infrastructure and early adoption of WiGig-enabled devices. The Asia Pacific region is expected to record the fastest growth, driven by expanding consumer electronics markets, smart city initiatives, and investments in high-speed connectivity infrastructure in countries such as China and India.

Key market players, including Peraso Technologies Inc., Tensorcom, Inc., and Qualcomm Technologies, Inc., are focusing on innovation and strategic partnerships to maintain competitive advantage and expand market reach.

Major Market Players Included in this Report Are:

Peraso Technologies Inc.
Tensorcom, Inc.
STMicroelectronics
Qualcomm Technologies, Inc.
Sivers Semiconductors AB
Blu Wireless
Fujikura Ltd.
Renesas Electronics Corporation
Intel Corporation
TP-Link Systems Inc.
Infineon Technologies AG

The detailed segments and sub-segments of the market are explained below:

By Offering

SoC
Module
Integrated Circuits
Custom Solutions

By Protocol

IEEE 802.11 ad
IEEE 802.11 ay
WiGig Tri-Band
WiGig Single-Band

By Channel

57-59 GHz
59-61 GHz
61-63 GHz
63-65 GHz
Others

By Product

Display Devices
Network Infrastructure Devices
Wearable Devices
Smart Home Devices

By End-User Industry

Telecom
Automotive
Consumer Electronics
Railway
Others

By Region:

North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Australia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
UAE
South Africa
Rest of Middle East & Africa

Years Considered for the Study Are as Follows:

Historical Year - 2022
Base Year - 2023
Forecast Period - 2024-2032

Key Takeaways:

Comprehensive market estimates and segment-level revenue forecasts for 10 years.
Analysis of geographical trends and country-specific insights.
Competitive dynamics and key strategies of major players.
Opportunities for investment and technological innovation.

Chapter 1. Global Wireless Gigabit Market Executive Summary

1.1. Global Wireless Gigabit Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Offering
- 1.3.2. By Protocol
- 1.3.3. By Channel
- 1.3.4. By Product
- 1.3.5. By End-User Industry
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendations & Conclusion

Chapter 2. Global Wireless Gigabit Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Wireless Gigabit Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising adoption of IoT devices
- 3.1.2. Expansion of smart city infrastructure
- 3.1.3. Increasing deployment of 5G networks
3.2. Market Challenges
- 3.2.1. High infrastructure costs
- 3.2.2. Spectrum allocation and regulatory hurdles
3.3. Market Opportunities
- 3.3.1. Emerging applications in automotive connectivity
- 3.3.2. Advancements in wireless communication standards

Chapter 4. Global Wireless Gigabit Market Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Investment Opportunities
4.4. Analyst Recommendations

Chapter 5. Global Wireless Gigabit Market Size & Forecast by Offering (2022-2032)

5.1. SoC
5.2. Module
5.3. Integrated Circuits
5.4. Custom Solutions

Chapter 6. Global Wireless Gigabit Market Size & Forecast by Protocol (2022-2032)

6.1. IEEE 802.11 ad
6.2. IEEE 802.11 ay
6.3. WiGig Tri-Band
6.4. WiGig Single-Band

Chapter 7. Global Wireless Gigabit Market Size & Forecast by Channel (2022-2032)

7.1. 57-59 GHz
7.2. 59-61 GHz
7.3. 61-63 GHz
7.4. 63-65 GHz
7.5. Ultra-Wideband (UWB)

Chapter 8. Global Wireless Gigabit Market Size & Forecast by Product (2022-2032)

8.1. Display Devices
- 8.1.1. TVs and Projectors
- 8.1.2. Smartphones and Tablets
8.2. Network Infrastructure Devices
- 8.2.1. Routers
- 8.2.2. Access Points
- 8.2.3. Network Adapters
8.3. Wearable Devices
8.4. Smart Home Devices

Chapter 9. Global Wireless Gigabit Market Size & Forecast by End-User Industry (2022-2032)

9.1. Telecom
9.2. Automotive
9.3. Consumer Electronics
- 9.3.1. Gaming Consoles
- 9.3.2. Virtual Reality Devices
9.4. Railway
9.5. Industrial Automation
9.6. Smart City Applications

Chapter 10. Global Wireless Gigabit Market Size & Forecast by Region (2022-2032)

10.1. North America
- 10.1.1. U.S.
- 10.1.2. Canada
10.2. Europe
- 10.2.1. Germany
- 10.2.2. France
- 10.2.3. UK
- 10.2.4. Italy
- 10.2.5. Spain
- 10.2.6. Rest of Europe
10.3. Asia Pacific
- 10.3.1. China
- 10.3.2. Japan
- 10.3.3. India
- 10.3.4. South Korea
- 10.3.5. Australia
- 10.3.6. Rest of Asia Pacific
10.4. Latin America
- 10.4.1. Brazil
- 10.4.2. Mexico
- 10.4.3. Rest of Latin America
10.5. Middle East & Africa
- 10.5.1. Saudi Arabia
- 10.5.2. UAE
- 10.5.3. South Africa
- 10.5.4. Rest of Middle East & Africa

Chapter 11. Competitive Intelligence

11.1. Key Company SWOT Analysis
- 11.1.1. Peraso Technologies Inc.
- 11.1.2. Qualcomm Technologies, Inc.
- 11.1.3. Tensorcom, Inc.
11.2. Competitive Landscape
11.3. Key Strategies

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
- 12.2.1. Primary Research
- 12.2.2. Secondary Research
12.3. Research Methodology