Orion Market Research Wireless Gigabit (WiGig) Market Trends, Research Report, Growth, Opportunities, Forecast 2022-2028 Request a sample of our report on Wireless Gigabit https://www.omrglobal.com/request-sample/wireless-gigabit-wigig-market
(WiGig)
Market:
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The global WiGig market is projected to exhibit a significant growth, at a CAGR of around 25.8%, during the forecast period. The high penetration of premium smartphone brands with flagship offerings and other electronic devices, increasing demand for WiGig. IoT is becoming more common and is seen as the third wave of technology. WiGig is becoming a need for portable electronics products targeted by IoT includes digital camera & camcorders, household electronics, smartphones, and laptops & tablets, among others. WiGig offers fast data transfer rates of up to 7 gigabits per second. In addition, WiGig offers peer-to-peer display pairing, at resolutions of up to 4K and even virtual spaces can be explored through WiGig. Therefore, the popularity and adoption of the IoT products backed by the rising need for fast data transfer is expected to fuel the WiGig market during the forecast period. A full report of Wireless Gigabit (WiGig) Market is available at: https://www.omrglobal.com/industryreports/wireless-gigabit-wigig-market
Along with this, the availability of a technologically aware consumer base significantly contributes to the growth in the global market. At present, there are various types of IoT-based wearable devices are getting into the market. Rising smartphone penetration and trend of wearables among people especially the millennials and tech savvy youngsters are expected to provide significant push to the market. In the last decade, internet connectivity has increased significantly. As per International Telecommunication, the percentage of individuals using the internet has increased to 51% in 2018 as compared to 29% in 2010 all across the globe. In the emerging economies, the percentage increased from 20% in 2010 to 45% in 2018. Such high penetration of internet and tech savvy population will further drive the WiGig market during the forecast period. To learn more about this report request a sample copy @ https://www.omrglobal.com/requestsample/wireless-gigabit-wigig-market Moreover, LTE is responsible for higher upload and download speeds; however, it is still insufficient for the growing demands of social media as well as video-centric services. This concern has left mobile operators grappling with services that require high speed and high-data volumes over capacitystretched networks. Inclusion of LTE with 5G will undoubtedly offer a faster data transfer speed to the consumers. This integration of the technology is finding huge acceptance in the enterprises and in consumer electronics across the globe. For instance, Samsung Electronics Co., Ltd. has a business segment, named Networks Business. It reported an increase in its revenue in 2018, due to significant 5G equipment installations and extension of LTE networks across the globe. In the US, sub-6 5G technologies will likely be deployed in existing microcell networks and infrastructure through existing LTE spectrum. This, in turn, will offer growth opportunity to the WiGig market in North America in the near future. Global WiGig Market-Segmentation By Product
Consumer Electronics Network Infrastructure Devices
By Application
BFSI IT & Telecom Government Healthcare Others (Retail)
Wireless Gigabit (WiGig) Market– Segment by Region North America
United States Canada
Europe
Germany United Kingdom France Spain Italy Rest of Europe
Asia-Pacific
China Japan India Rest of Asia-Pacific
Rest of the World
Middle East & Africa Latin America
Company Profiles
ASUSTeK Computer Inc. Broadcom, Inc. Cisco Systems, Inc. Dell Technologies, Inc. Intel Corp. Marvell Semiconductor, Inc. Millitronic Co., Ltd. NEC Corp. NVIDIA Corp. Panasonic Corp. Peraso Technologies Inc. Qualcomm Technologies, Inc.
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