Wireless Gigabit Market Size, Share & Trends Analysis Report By Product, By Technology (System-on-Chip, Integrated Circuit Chip), By End-use, By Region, And Segment Forecasts, 2024

Description

Wireless Gigabit Market Growth & Trends:

The global wireless gigabit market size is expected to reach USD 159.1 million by 2030, registering a CAGR of 26.3% during the forecast period, according to a new report by Grand View Research, Inc. The increasing requirement for improved internet connectivity and better speed is driving the high-speed Internet growth across the globe. Moreover, the high penetration of smartphones and use of multiple devices are contributing to the overall industry growth. Global consumers demand high-speed connectivity without wires fastening them to their devices. Due to its capability of providing multi-gigabit data transfer, the technology is widely used in applications right from video streaming to backing up files.

As consumers demand wireless videos and data continues to grow, 802.11ad in the 60GHz spectrum shall provide more enhanced network capacity that makes it a feasible extension for the congested 2.4GHz/5GHz Wi-Fi spectrum.

Companies serving verticals such as media and entertainment, online gaming, healthcare, hospitality, educational institutions, research environments, and financial services, among others require a big bandwidth and high-speed Ethernet options. Furthermore, businesses are increasingly deploying resources to the cloud, whether a public, private, or hybrid cloud environment. Maximizing the effectiveness of cloud computing depends on the sufficient broadband speed and reliability that is also cost-effective. Such factors are increasingly contributing toward the rapid industry growth.

However, the escalation in productivity from BYOD devices has put more pressure on wireless networks, making costs harder to control and the devices more complex to manage within an organization. Due to the growing transition toward virtualization and BYOD, business networks are struggling with increased complexity.

Wireless Gigabit Market Report Highlights:

The consumer electronics segment is anticipated to grow at the fastest CAGR over the forecast period, owing to the increasing proliferation of consumer devices such as smartphones, tablets, and laptops.Owing to the rise in the adoption of these consumer devices, many business networks have experienced network congestion issues along with interference. This has led several network operators to move their dual-band services to operate using the 5GHz spectrum, thus driving the growth of the WiGig market.
Based on technology, the system on chip (SoC) segment held the largest market revenue share in 2023, due to its ability to integrate multiple functions into a single chip, leading to improved performance, reduced power consumption, and lower costs.
Asia Pacific is projected to be a key regional segment with over 32.7% of the overall revenue share in 2015. The presence of a large number of WiGig manufacturers is the key factor for the dominating share accounted by the region. The presence of robust economies, such as India and China, is also expected to drive the regional growth. Moreover, the rising adoption of third-party platforms by enterprises, along with varied government initiatives, is projected to drive the need for smart network solutions.

Product Code: GVR-1-68038-279-2

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Global Wireless Gigabit (WiGig) Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. Global Wireless Gigabit (WiGig) Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Global Wireless Gigabit (WiGig) Market: Product Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. Global Wireless Gigabit (WiGig) Market: Product Movement Analysis, 2023 & 2030 (USD Million)
4.3. Display Devices
- 4.3.1. Display Devices Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
4.4. Network Infrastructure Devices
- 4.4.1. Network Infrastructure Devices Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)

Chapter 5. Global Wireless Gigabit (WiGig) Market: Technology Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. Global Wireless Gigabit (WiGig) Market: Technology Movement Analysis, 2023 & 2030 (USD Million)
5.3. System on Chip (SoC)
- 5.3.1. System on Chip (SoC) Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
5.4. Integrated Circuit Chip (IC Chip)
- 5.4.1. Integrated Circuit Chip (IC Chip) Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)

Chapter 6. Global Wireless Gigabit (WiGig) Market: End Use Estimates & Trend Analysis

6.1. Segment Dashboard
6.2. Global Wireless Gigabit (WiGig) Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
6.3. Networking
- 6.3.1. Networking Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
6.4. Consumer Electronics
- 6.4.1. Consumer Electronics Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
6.5. Others
- 6.5.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)

Chapter 7. Global Wireless Gigabit (WiGig) Market: Regional Estimates & Trend Analysis

7.1. Global Wireless Gigabit (WiGig) Market Share, By Region, 2023 & 2030 (USD Million)
7.2. North America
- 7.2.1. North America Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.2.2. U. S.
  - 7.2.2.1. U. S. Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.2.3. Canada
  - 7.2.3.1. Canada Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.2.4. Mexico
  - 7.2.4.1. Mexico Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)
7.3. Europe
- 7.3.1. Europe Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.3.2. UK
  - 7.3.2.1. UK Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.3.3. Germany
  - 7.3.3.1. Germany Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.3.4. France
  - 7.3.4.1. France Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)
7.4. Asia Pacific
- 7.4.1. Asia Pacific Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.2. China
  - 7.4.2.1. China Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.3. India
  - 7.4.3.1. India Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.4. Japan
  - 7.4.4.1. Japan Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.5. Australia
  - 7.4.5.1. Australia Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.6. South Korea
  - 7.4.6.1. South Korea Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)
7.5. Latin America
- 7.5.1. Latin America Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million), (Volume in Kilotons)
- 7.5.2. Brazil
  - 7.5.2.1. Brazil Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)
7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.6.2. South Africa
  - 7.6.2.1. South Africa Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.6.3. Saudi Arabia
  - 7.6.3.1. Saudi Arabia Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.6.4. UAE
  - 7.6.4.1. UAE Wireless Gigabit (WiGig) Market Estimates and Forecasts, 2017 - 2030 (USD Million)

Chapter 8. Competitive Landscape

8.1. Recent Developments & Impact Analysis by Key Market Participants
8.2. Company Categorization
8.3. Company Heat Map Analysis
8.4. Company Profiles
- 8.4.1. Broadcom
  - 8.4.1.1. Participant's Overview
  - 8.4.1.2. Financial Performance
  - 8.4.1.3. Product Benchmarking
  - 8.4.1.4. Recent Developments/ Strategic Initiatives
- 8.4.2. Cisco Systems, Inc.
  - 8.4.2.1. Participant's Overview
  - 8.4.2.2. Financial Performance
  - 8.4.2.3. Product Benchmarking
  - 8.4.2.4. Recent Developments/ Strategic Initiatives
- 8.4.3. Intel Corporation
  - 8.4.3.1. Participant's Overview
  - 8.4.3.2. Financial Performance
  - 8.4.3.3. Product Benchmarking
  - 8.4.3.4. Recent Developments/ Strategic Initiatives
- 8.4.4. NETGEAR
  - 8.4.4.1. Participant's Overview
  - 8.4.4.2. Financial Performance
  - 8.4.4.3. Product Benchmarking
  - 8.4.4.4. Recent Developments/ Strategic Initiatives
- 8.4.5. Panasonic Holdings Corporation
  - 8.4.5.1. Participant's Overview
  - 8.4.5.2. Financial Performance
  - 8.4.5.3. Product Benchmarking
  - 8.4.5.4. Recent Developments/ Strategic Initiatives
- 8.4.6. PERASO TECHNOLOGIES INC.
  - 8.4.6.1. Participant's Overview
  - 8.4.6.2. Financial Performance
  - 8.4.6.3. Product Benchmarking
  - 8.4.6.4. Recent Developments/ Strategic Initiatives
- 8.4.7. Qualcomm Technologies, Inc.
  - 8.4.7.1. Participant's Overview
  - 8.4.7.2. Financial Performance
  - 8.4.7.3. Product Benchmarking
  - 8.4.7.4. Recent Developments/ Strategic Initiatives
- 8.4.8. Samsung
  - 8.4.8.1. Participant's Overview
  - 8.4.8.2. Financial Performance
  - 8.4.8.3. Product Benchmarking
  - 8.4.8.4. Recent Developments/ Strategic Initiatives
- 8.4.9. Tensorcom, Inc.
  - 8.4.9.1. Participant's Overview
  - 8.4.9.2. Financial Performance
  - 8.4.9.3. Product Benchmarking
  - 8.4.9.4. Recent Developments/ Strategic Initiatives
- 8.4.10. Ubiquiti Inc.
  - 8.4.10.1. Participant's Overview
  - 8.4.10.2. Financial Performance
  - 8.4.10.3. Product Benchmarking
  - 8.4.10.4. Recent Developments/ Strategic Initiatives

Wireless Gigabit Market Size, Share & Trends Analysis Report By Product, By Technology (System-on-Chip, Integrated Circuit Chip), By End-use, By Region, And Segment Forecasts, 2024 - 2030