WiGig Global Market Report 2025

WiGig is a wireless technology that facilitates multi-gigabit-per-second data rates from Wi-Fi devices by utilizing the unoccupied 60 GHz frequency range. It is designed to support data-intensive activities such as streaming high-definition video, virtual reality, and wireless device docking. WiGig is particularly suitable for bandwidth-demanding applications due to its operation at multi-gigabit speeds and low latency.

The primary types of products within WiGig include display devices and network infrastructure devices. A display device is a tool used to present information in the form of images. The technologies employed include system-on-chip (SoC) and integrated circuit chip (IC). These WiGig products cater to enterprises of various sizes, including large enterprises and small and medium-sized enterprises. The technology is applied across various end-use industries, including BFSI (banking, financial services, and insurance), healthcare, IT and telecom, retail, media and entertainment, among others.

The WiGig market research report is one of a series of new reports from The Business Research Company that provides WiGig market statistics, including WiGig industry global market size, regional shares, competitors with a WiGig market share, detailed WiGig market segments, market trends and opportunities, and any further data you may need to thrive in the WiGig industry. This WiGig market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The wigig market size has grown exponentially in recent years. It will grow from $5.05 billion in 2024 to $6.37 billion in 2025 at a compound annual growth rate (CAGR) of 26.3%. The growth in the historic period can be attributed to increased demand for high-speed wireless communication, growth in data traffic, the proliferation of smartphones and smart devices, expanding internet usage, and the development of multimedia applications

The wigig market size is expected to see exponential growth in the next few years. It will grow to $17.73 billion in 2029 at a compound annual growth rate (CAGR) of 29.1%. The growth in the forecast period can be attributed to 5g network deployment, increasing adoption of Internet of Things (IoT) devices, demand for high-performance wireless connectivity in automotive applications, expansion of smart city initiatives, and rising need for low-latency communication. Major trends in the forecast period include the development of advanced modulation techniques, increased focus on millimeter-wave communication, integration of WiGig in enterprise networking solutions, rising demand for WiGig in gaming and entertainment, and the emergence of new form factors and devices supporting WiGig.

The increasing demand for high-speed internet is expected to drive the growth of the WiGig market in the future. High-speed internet refers to connections that provide faster download and upload speeds compared to traditional internet options. The fifth generation of wireless technology, or 5G, is known for its high-speed capabilities and ability to transmit data more quickly than previous generations like 4G or LTE. WiGig is designed to provide high-speed internet connectivity, potentially doubling current wireless speeds up to 8 Gbps. It facilitates high-performance wireless data, display, and audio applications, allowing devices to communicate wirelessly at multi-gigabit speeds. For example, in July 2023, the UK Parliament's House of Commons Library reported that as of January 2023, 72% of premises in the UK had access to gigabit-capable broadband, an increase from 64% in January 2022 and significantly higher than the 36% recorded in January 2021. Thus, the rising demand for high-speed internet is propelling the growth of the WiGig market.

The rapid expansion of the gaming industry is expected to be a catalyst for the growth of the WiGig market. WiGig, beyond offering fast wireless connections, addresses the gaming industry's need for higher mobility, lower latency, and an overall enhanced gaming experience. The Australian games market, for instance, witnessed a 21% year-over-year revenue increase to $248.76 million (AU$345.5 million) in December 2023, according to GamesIndustry.biz. This growth in the gaming industry is a significant driver for the WiGig market.

Major companies in the WiGig market are concentrating on developing innovative products that provide multi-gigabit per second wireless connectivity to improve data transmission speeds. Multi-gigabit per second wireless connectivity refers to the ability of wireless networks to transfer data at speeds exceeding one gigabit per second, facilitating faster data transfers for applications like high-definition video streaming, online gaming, and large file transfers. For example, in February 2022, Pharrowtech, a Belgium-based semiconductor manufacturing company, introduced the PTR1060 and PTM1060 (RFM) phased array antenna module. The PTR1060 is the world's first IEEE 802.11ay-compliant CMOS RF chip, while the PTM1060 is a phased array antenna module that enables high-speed, multi-gigabit wireless connectivity across the full 57 to 71 GHz bandwidth. These products simplify design processes and lower costs, making them well-suited for applications in Fixed Wireless Access, smart cities, and consumer electronics.

Major companies operating in the WiGig market are also concentrating on developing innovative products such as ultra-fast gigabit antennas to better meet the needs of consumers. Ultra-fast gigabit antennas, intended for rapid data transfer in wireless communication systems, were launched by Pasternack Enterprises, Inc. in August 2023. These antennas, part of the Wi-Fi 6E antenna line, promise to propel network performance and reliability to new heights by utilizing the latest Wi-Fi 6E frequency bands for gigabit transfers and maximum compatibility.

In August 2023, STORDIS, a Germany-based company specializing in open networking solutions, partnered with Tachyon Networks. This collaboration aims to enhance the delivery of high-speed 60GHz wireless networking technology by leveraging Tachyon's advanced capabilities in high-frequency wireless solutions. As a result, STORDIS will be able to offer innovative, robust, and scalable networking options designed to meet the needs of data centers, cloud environments, and edge computing applications. Tachyon Networks is a US-based IT service management company that focuses on providing high-speed wireless connectivity solutions.

Major companies operating in the WiGig market include Samsung Electronics Co. Ltd., Microsoft Corporation, Dell Inc., Lenovo Group Ltd., Panasonic Corporation, Intel Corporation, Qualcomm Technologies Inc., Broadcom Inc., NXP Semiconductors N.V., Keysight Technologies Inc., Marvell Technology Inc., Teradyne Inc., Rohde & Schwarz GmbH & Co KG, Anritsu Corporation, Lattice Semiconductor Corporation, InterDigital Inc., AzureWave Technologies Inc., DisplayLink Corp., Siklu Communication Ltd., Peraso Technologies Inc., Blu Wireless Technology Limited, Sivers Semiconductors AB, Tensorcom Inc., Laird PLC, Movandi Corporation

North America was the largest region in the WiGig market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wigig market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the wigig market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The WiGig market consists of revenues earned by entities by providing fast data transfer, multimedia streaming, backhaul technology, and enterprise connectivity solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. The WiGig market also includes sales of wireless adapters, routers, WiGig cards, WiGig antennas, and wireless docking stations. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

WiGig Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on wigig market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for wigig ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The wigig market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

• Markets Covered:1) By Product: Display Devices; Network Infrastructure Devices
• 2) By Technology Type: System-On-Chip (SoC); Integrated Circuit Chip (IC)
• 3) By Enterprise Size: Large Enterprises; Small And Medium-sized Enterprises
• 4) By End Use Industry: BFSI (Banking, Financial Services, And Insurance); Healthcare; IT And Telecom; Retail; Media And Entertainment; Other End Use Industries
• Subsegments:
• 1) By Display Devices: Wireless Monitors; Wireless Projectors; Virtual Reality Headsets
• 2) By Network Infrastructure Devices: Routers; Access Points; Adapters; Gateways
• Companies Mentioned: Samsung Electronics Co. Ltd.; Microsoft Corporation; Dell Inc.; Lenovo Group Ltd.; Panasonic Corporation
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.