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Report
Wireless Gigabit Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-06-14 I 135 Pages I IMARC Group
Market Overview:
The global wireless gigabit market size reached US$ 2.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.0 Billion by 2028, exhibiting a growth rate (CAGR) of 17.2% during 2023-2028.
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.
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 report, along with forecasts at the global, regional and country level from 2023-2028. 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:
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 report, along with forecasts at the global, regional and country level from 2023-2028. 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:
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 report, along with forecasts at the global, regional and country level from 2023-2028. 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:
Key Questions Answered in This Report
1. What was the size of the global wireless gigabit market in 2022?
2. What is the expected growth rate of the global wireless gigabit market during 2023-2028?
3. What are the key factors driving the global wireless gigabit market?
4. What has been the impact of COVID-19 on the global wireless gigabit market?
5. What is the breakup of the global wireless gigabit market based on the end-use industry?
6. What are the key regions in the global wireless gigabit market?
7. Who are the key players/companies in the global wireless gigabit market?
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$), 2017-2022
Figure 3: Global: Wireless Gigabit Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Wireless Gigabit Market: Breakup by Product (in %), 2022
Figure 5: Global: Wireless Gigabit Market: Breakup by Technology (in %), 2022
Figure 6: Global: Wireless Gigabit Market: Breakup by End Use Industry(in %), 2022
Figure 7: Global: Wireless Gigabit Market: Breakup by Region (in %), 2022
Figure 8: Global: Wireless Gigabit (Display Devices) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Wireless Gigabit (Display Devices) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Wireless Gigabit (Network Infrastructure Devices) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Wireless Gigabit (Network Infrastructure Devices) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Wireless Gigabit (System on Chip (SoC)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Wireless Gigabit (System on Chip (SoC)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Wireless Gigabit (Integrated Circuit Chip (IC Chip)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Wireless Gigabit (Integrated Circuit Chip (IC Chip)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Wireless Gigabit (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Wireless Gigabit (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Wireless Gigabit (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Wireless Gigabit (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Wireless Gigabit (IT and Telecom) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Wireless Gigabit (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Wireless Gigabit (Retail) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Wireless Gigabit (Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Wireless Gigabit (Media and Entertainment) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Wireless Gigabit (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Wireless Gigabit (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Wireless Gigabit (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: North America: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: North America: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: United States: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: United States: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Canada: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Canada: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Asia-Pacific: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Asia-Pacific: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: China: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: China: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Japan: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Japan: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: India: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: India: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: South Korea: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: South Korea: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Australia: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Australia: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Indonesia: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Indonesia: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Others: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Others: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Europe: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Europe: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Germany: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Germany: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: France: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: France: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: United Kingdom: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: United Kingdom: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Italy: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Italy: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Spain: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Spain: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Russia: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Russia: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Others: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Others: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Latin America: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Latin America: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Brazil: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Brazil: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Mexico: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Mexico: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Others: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Others: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Middle East and Africa: Wireless Gigabit Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Middle East and Africa: Wireless Gigabit Market: Breakup by Country (in %), 2022
Figure 76: Middle East and Africa: Wireless Gigabit Market Forecast: Sales Value (in Million US$), 2023-2028
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, 2022 and 2028
Table 2: Global: Wireless Gigabit Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 3: Global: Wireless Gigabit Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 4: Global: Wireless Gigabit Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 5: Global: Wireless Gigabit Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Wireless Gigabit Market: Competitive Structure
Table 7: Global: Wireless Gigabit Market: Key Players
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