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Wireless Gigabit Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global wireless gigabit market reached a value of US$ 2.24 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 6.63 Billion by 2027, exhibiting a CAGR of 18.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Wireless gigabit (WiGig) refers to an internet connection that offers a speed of 1 gigabit per second (Gbps) using millimeter wave (MMW), microwave, 4G/LTE, free-space optics (FSO) and carrier Wi-Fi technologies. It promotes faster speed for Blu-ray players, home theaters and other audiovisual equipment worldwide by operating in the frequency range of 60 GHz. It relies on beamforming technology for reducing congestion of networks and transmitting radio beams with a high-frequency bandwidth. It is widely employed in networking architecture as it provides accuracy and a high level of security while transferring the data.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Wireless Gigabit Market Trends:

The growing demand for faster data transfer in information and technology (IT) and telecom sectors represents one of the major factors driving the market. Moreover, there is a rise in the utilization of consumer electronic devices, such as HD televisions, laptops, tablets, and smartphones, which is propelling the growth of the market. In addition, the increasing trend of bring your own device (BYOD) in several companies is resulting in the development of wireless endpoints that can handle high-speed data. This, in confluence with the escalating demand of gigabit IP data connectivity for long-term evolution (LTE) deployments, is contributing to the market growth. Apart from this, the rising adoption of small cell backhaul transmission to manage large volumes of data traffic and improve network coverage of both outdoor and indoor spaces is stimulating the market growth. Furthermore, extensive research and development (R&D) activities by key players and the growing popularity of cloud storage solutions are strengthening the growth of the market. Some of the other growth-inducing factors are rapid digitization, rising penetration of the internet and the increasing integration of wireless chipsets in electronic devices.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global wireless gigabit market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, technology and end use industry.

Breakup by Product:

  • Display Devices
    • Smartphones
    • Laptops and Tablets
    • Others
  • Network Infrastructure Devices
    • Routers and Access Points
    • Adapters
    • Backhaul Stations
    • Docking Stations
       

Breakup by Technology:

 

 
 

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  • System on Chip (SoC)
  • Integrated Circuit Chip (IC Chip)
     

Breakup by End Use Industry:

  • BFSI
  • Healthcare
  • IT and Telecom
  • Retail
  • Media and Entertainment
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Broadcom Inc, Cisco Systems Inc., Intel Corporation, Marvell Technology Inc., MediaTek Inc., Millitronic, NXP Semiconductors N.V., Panasonic Corporation, Peraso Technologies Inc., Qualcomm Technologies Inc., Samsung Electronics Co. Ltd. and Sivers Semiconductors AB.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product, Technology, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Broadcom Inc, Cisco Systems Inc., Intel Corporation, Marvell Technology Inc., MediaTek Inc., Millitronic, NXP Semiconductors N.V., Panasonic Corporation, Peraso Technologies Inc., Qualcomm Technologies Inc., Samsung Electronics Co. Ltd. and Sivers Semiconductors AB.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Wireless Gigabit Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    Display Devices
        6.1.1 Market Trends
        6.1.2 Key Segments
           6.1.2.1 Smartphones
           6.1.2.2 Laptops and Tablets
           6.1.2.3 Others
        6.1.3 Market Forecast
    6.2    Network Infrastructure Devices
        6.2.1 Market Trends
        6.2.2 Key Segments
           6.2.2.1 Routers and Access Points
           6.2.2.2 Adapters
           6.2.2.3 Backhaul Stations
           6.2.2.4 Docking Stations
        6.2.3 Market Forecast
7    Market Breakup by Technology
    7.1    System on Chip (SoC)
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Integrated Circuit Chip (IC Chip)
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by End Use Industry
    8.1    BFSI
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Healthcare
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    IT and Telecom
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Retail
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Media and Entertainment
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Broadcom Inc
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Cisco Systems Inc.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Intel Corporation
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Marvell Technology Inc. 
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    MediaTek Inc.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Millitronic
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    NXP Semiconductors N.V.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Panasonic Corporation
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Peraso Technologies Inc.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Qualcomm Technologies Inc.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Samsung Electronics Co. Ltd.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis
        14.3.12    Sivers Semiconductors AB
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials

List of Figures

Figure 1: Global: Wireless Gigabit Market: Major Drivers and Challenges
Figure 2: Global: Wireless Gigabit Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Wireless Gigabit Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Wireless Gigabit Market: Breakup by Product (in %), 2021
Figure 5: Global: Wireless Gigabit Market: Breakup by Technology (in %), 2021
Figure 6: Global: Wireless Gigabit Market: Breakup by End Use Industry(in %), 2021
Figure 7: Global: Wireless Gigabit Market: Breakup by Region (in %), 2021
Figure 8: Global: Wireless Gigabit (Display Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Wireless Gigabit (Display Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Wireless Gigabit (Network Infrastructure Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Wireless Gigabit (Network Infrastructure Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Wireless Gigabit (System on Chip (SoC)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Wireless Gigabit (System on Chip (SoC)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Wireless Gigabit (Integrated Circuit Chip (IC Chip)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Wireless Gigabit (Integrated Circuit Chip (IC Chip)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Wireless Gigabit (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Wireless Gigabit (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Wireless Gigabit (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Wireless Gigabit (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Wireless Gigabit (IT and Telecom) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Wireless Gigabit (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Wireless Gigabit (Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Wireless Gigabit (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Wireless Gigabit (Media and Entertainment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Wireless Gigabit (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Wireless Gigabit (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Wireless Gigabit (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: North America: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: North America: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: United States: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: United States: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Canada: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Canada: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Asia-Pacific: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Asia-Pacific: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: China: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: China: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Japan: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Japan: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: India: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: India: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: South Korea: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: South Korea: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Australia: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Australia: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Indonesia: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Indonesia: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Others: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Others: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Europe: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Europe: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Germany: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Germany: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: France: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: France: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: United Kingdom: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: United Kingdom: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Italy: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Italy: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Spain: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Spain: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Russia: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Russia: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Latin America: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Latin America: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Brazil: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Brazil: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Mexico: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Mexico: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Middle East and Africa: Wireless Gigabit Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Middle East and Africa: Wireless Gigabit Market: Breakup by Country (in %), 2021
Figure 76: Middle East and Africa: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Global: Wireless Gigabit Industry: SWOT Analysis
Figure 78: Global: Wireless Gigabit Industry: Value Chain Analysis
Figure 79: Global: Wireless Gigabit Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Wireless Gigabit Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Wireless Gigabit Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Wireless Gigabit Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Wireless Gigabit Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 5: Global: Wireless Gigabit Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Wireless Gigabit Market: Competitive Structure
Table 7: Global: Wireless Gigabit Market: Key Players

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Key Questions Answered in This Report

The global wireless gigabit market was valued at US$ 2.24 Billion in 2021.

We expect the global wireless gigabit market to exhibit a CAGR of 18.60% during 2022-2027.

The growing demand for faster data transfer in the IT and telecom sector, along with the rising
utilization of consumer electronic devices, such as HD televisions, laptops, tablets, etc., is currently
driving the global wireless gigabit market.

The sudden outbreak of the COVID-19 pandemic has led to the increasing adoption of remote working
model, thereby augmenting the demand for wireless gigabit to provide faster speed, reduced congestion
of networks, high security level, enhanced data accuracy to the working professionals, etc.

Based on the end-use industry, the global wireless gigabit market can be categorized into BFSI,
healthcare, IT and telecom, retail, media and entertainment, and others. Currently, the IT and telecom
industry accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global wireless gigabit market include Broadcom Inc, Cisco Systems
Inc., Intel Corporation, Marvell Technology Inc., MediaTek Inc., Millitronic, NXP Semiconductors N.V.,
Panasonic Corporation, Peraso Technologies Inc., Qualcomm Technologies Inc., Samsung Electronics Co.
Ltd., and Sivers Semiconductors AB.

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