Report Ocean offers a thorough analysis of the Wireless Gigabit (WiGig) Market, including assessments of business solutions, studies and advancements, applications, advantages, benefits, and breadth. This market research study on Wireless Gigabit (WiGig) Market provides a thorough analysis and improvement of the important business producers, opportunities, difficulties, and worldwide suppliers as well as a close investigation of risks and access restrictions. Additionally, it provides a competitive analysis of the most recent technological advancements, innovations, future market potential, industry share, sales, sales generation, funding analysis, and overall business environment.
Global Wireless Gigabit (WiGig) Market is valued at approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $$ over the forecast period 2022-2028.
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The Wireless Gigabit (WiGig) can be defined as a Wireless communication system which offers data transfer speed of over one Gigabit (One billion bits) per second and above. Gigabit uses millimeter waves for data communication. The working of Gigabit is similar to traditional Wi-Fi Network. In Gigabit a Wireless router transmits data at millimeter waves with the help of a high frequency antenna module integrated with the router. The rising penetration of IoT Connected devices and increasing demand for high-speed internet connectivity as well as recent strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to Statista – as of 2020, The number of Internet of Things (IoT) devices worldwide was estimated at 9.7 billion devices and the number of IoT devices is projected to grow to 29 billion IoT devices by 2030, Witnessing a CAGR of around 11.57 percent in a span of ten years. Furthermore, leading market players are working towards strategic initiatives including new product launches and collaboration activities. For instance, in August 2021, Taipei, Taiwan based networking equipment company D-Link Limited launched three new variants of High-performance Gigabit router, named DIR-2150 (AC2100 Wi-Fi Gigabit Router), DIR-1950 (AC1900 Wi-Fi certified Easy Mesh Gigabit Router), and DIR-1260 (AC1200 Gigabit Router). These new routers are based on Lightning-fast 11AC Wireless technology.
Moreover, in January 2022, Siklu, a leader in millimeter wave (mmWave) solutions collaborated with Signify a leader in lighting. Under this partnership Siklu’s MultiHaul TG multi-gigabit wireless connectivity technology would be offered with Signify’s BrightSites portfolio. This new addition would be known as Broadband luminaires. This new BrightSites portfolio intended for transforming streetlights into a wireless connectivity grid to facilitate a wide range of digital city services, such as: IoT, security and traffic monitoring, 4G/5G small cells. Also, growing adoption of extended reality (XR) technologies coupled with rising technological advancements in networking solutions are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a complex configuration process and high installation cost associated with WIGig devices impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Wireless Gigabit (WiGig) Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the growing number of connected devices and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving adoption of technological advanced products and rising IT services sector in the region, would create lucrative growth prospects for the global Wireless Gigabit (WiGig) Market across the Asia Pacific region.
Major market players included in this report are:
Qualcomm
Intel Corporation
Broadcom Corporation
Marvell Technology Group Ltd.
Panasonic Corporation
Cisco Systems, Inc.
NEC Corporation
Azurewave Technologies, Inc.
Nvidia Corporation
MediaTek
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
802.11ac
802.11ad
By Product
Consumer Electronics
Networking Devices
By Application
BFSI
Government
IT & Telecom
Retail
Healthcare
By End-Use
Large Enterprises
SMBs
Residential
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
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