Global WiGig Market Research Report and Forecast 2022-2027
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Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group
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Report Description
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Report Description and Highlights
Report Description
Global WiGig Market Outlook 2026: According to the latest report by IMARC Group, titled “WiGig Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global wigig market reached a value of US$ 2.5 Billion in 2021. WiGig is a 60 GHz wireless gigabit Wi-Fi network protocol, which is extensively deployed in the commercial and residential sectors for enabling high-performance wireless data display and audio. It is further utilized in handheld equipment and consumer electronics for high-speed transmission. WiGig offers various benefits, such as faster communication, instant transmission of data, accuracy, security, and reduced interference. In comparison to Wi-Fi, the WiGig signal reduces more current at a given distance. At present, WiGig is commercially available in varying types like system-on-chip (SoC) and integrated circuit chip (IC). Request for a free sample: https://www.imarcgroup.com/wigig-market/requestsample
Report Description and Highlights
Report Description
Global WiGig Market Trends: The widespread adoption of WiGig in multimedia streaming, personal computer (PC) docking, transmitting data at multi-gigabit (GB) is one of the key factors, primarily driving the global WiGig market toward growth. Moreover, the integration of the Internet of Things (IoT) and cloud solutions in various industrial verticals is propelling market growth. In line with this, the escalating utilization of WiGig devices in enterprises for enabling working professionals to execute various allocated tasks, such as delivering large files, running bandwidth applications and projecting graphics, is positively influencing the market. The continual launch of innovative and technologically advanced devices is acting as another major growth-inducing factor. For instance, in September 2019, Marvell Technology Group Ltd., a US-based company, announced the launch of ultra-low latency, high-port-count automotive switches coupled with multi-gigabit routing throughout the infrastructure and assets for enhancing operational efficiency. Other than this, the adoption of the bring-your-own-device (BYOD) policy at workplaces is creating a positive outlook for the market.
Report Description and Highlights Report Description Market Summary: Breakup by Product: • Networking Devices • Consumer Electronics Breakup by Protocol: • 802.11ad • 802.11ay Breakup by End Use Industry: • BFSI • Healthcare • IT and Telecom • Retail • Media and Entertainment
Report Description and Highlights Report Description Breakup by Technology Type: • System-on-Chip (SoC) • Integrated Circuit Chip (IC) Breakup by Enterprise Size: • Small and Medium-sized Enterprises • Large Enterprises Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America Looking forward, the market value is projected to grow at a CAGR of 20.1% during 2022-2027.
Report Description and Highlights Report Description Competitive Landscape With Key players: • Blu Wireless • Broadcom Inc • Cisco Systems Inc • Intel Corporation • Marvell Technology Inc • NXP Semiconductors N.V • Panasonic Corporation • Peraso Technologies Inc • Qualcomm Technologies Inc • Samsung Electronics Co. Ltd • Sivers Semiconductors AB • Tensorcom Inc View Report TOC, Figures and Tables: https://www.imarcgroup.com/wigig-market
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Report Description and Highlights
Report Description
© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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