PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1739393
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1739393
Global WiGig Market to Reach US$188.9 Million by 2030
The global market for WiGig estimated at US$40.9 Million in the year 2024, is expected to reach US$188.9 Million by 2030, growing at a CAGR of 29.1% over the analysis period 2024-2030. Display Devices, one of the segments analyzed in the report, is expected to record a 31.9% CAGR and reach US$134.4 Million by the end of the analysis period. Growth in the Network Infrastructure Devices segment is estimated at 23.6% CAGR over the analysis period.
The U.S. Market is Estimated at US$10.7 Million While China is Forecast to Grow at 27.4% CAGR
The WiGig market in the U.S. is estimated at US$10.7 Million in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$28.3 Million by the year 2030 trailing a CAGR of 27.4% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 26.9% and 24.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 19.8% CAGR.
Global "WiGig" Market - Key Trends & Drivers Summarized
What Makes WiGig the Next Frontier in Wireless Data Transmission?
WiGig, or Wireless Gigabit, represents a transformative leap in wireless communication technology, offering multi-gigabit per second data transfer speeds using the 60 GHz frequency band. Unlike traditional Wi-Fi, which can become congested in bandwidth-intensive environments, WiGig delivers ultra-fast, low-latency connections ideal for short-range, high-performance applications. This technology is poised to become essential in a world demanding real-time 4K/8K video streaming, ultra-high-speed file transfers, and lag-free augmented/virtual reality (AR/VR) experiences. By operating at the 60 GHz spectrum, WiGig avoids interference common to 2.4 GHz and 5 GHz bands, ensuring smoother, uninterrupted connectivity. The surge in data-heavy content and the proliferation of smart home devices, gaming consoles, and enterprise applications are accelerating demand for WiGig-enabled infrastructure. Consumer electronics manufacturers, especially in laptops, routers, and AR/VR headsets, are increasingly integrating WiGig chips to deliver premium user experiences. As bandwidth needs grow and cable-free ecosystems expand, WiGig is emerging not as a supplement, but as a critical enabler of next-generation digital lifestyles.
How Are Enterprise and Industrial Applications Unlocking WiGig’s Potential?
While consumer applications dominate the spotlight, enterprise and industrial use cases are equally pivotal in propelling WiGig adoption. In corporate settings, WiGig supports high-speed wireless docking, seamless collaboration through video conferencing, and rapid data backup across devices, all without latency or physical cable clutter. In healthcare, the technology enables real-time imaging and wireless transmission of large diagnostic files between devices and departments. Warehouses and logistics hubs are also leveraging WiGig for quick data syncing in autonomous robots and handheld terminals. Meanwhile, manufacturing floors are deploying it to support industrial automation and wireless machine-to-machine (M2M) communication in enclosed environments. The technology’s ultra-low latency and high throughput make it especially suitable for edge computing applications, where data must be processed near the source. Moreover, 5G backhaul networks are beginning to incorporate WiGig to relieve congestion and improve performance at the last mile. These professional-grade use cases are broadening the scope of WiGig, highlighting its relevance far beyond consumer-facing products.
What Technological Ecosystems Are Evolving Around WiGig Integration?
WiGig is gaining momentum due to growing industry-wide ecosystem support, from chipset developers to device manufacturers and wireless standards organizations. Major tech players like Qualcomm, Intel, and Broadcom are heavily invested in developing WiGig-compatible chipsets that support IEEE 802.11ad and the more advanced 802.11ay standards. These iterations extend range, enhance beamforming accuracy, and allow multiple devices to operate simultaneously with minimal interference. Device integration is accelerating, with leading laptop and router manufacturers embedding WiGig modules to enable wire-free, high-speed connections to monitors, storage devices, and VR headsets. Telecom providers and networking companies are exploring WiGig as a fiber-alternative for last-mile connectivity in urban environments. Another major development is its potential in wireless XR (Extended Reality) ecosystems-offering the bandwidth needed for high-fidelity, real-time interactions in gaming, simulation, and remote collaboration. Governments and regulators are also opening up spectrum availability and reducing barriers to market entry, helping standardize deployments and drive widespread adoption. The ecosystem’s maturation is steadily laying the groundwork for WiGig’s mainstream integration.
Which Factors Are Accelerating Global Growth in the WiGig Market?
The growth in the WiGig market is driven by several interlinked factors tied to technological maturity, evolving end-use applications, and consumer behavior shifts. On the technology side, the increasing availability of 802.11ay-compliant chipsets is pushing the boundaries of speed and reliability, making WiGig viable for both enterprise and home networks. End-use diversification is playing a crucial role-beyond smartphones and laptops, the technology is gaining adoption in immersive AR/VR systems, wireless office setups, smart TVs, and gaming consoles, all of which benefit from low-latency, high-bandwidth connectivity. From a consumer standpoint, there is rising demand for untethered, ultra-fast wireless experiences-particularly in homes transitioning to smart ecosystems and offices seeking greater mobility and efficiency. Additionally, the rollout of 5G and edge computing is creating scenarios where WiGig acts as a key enabler of high-speed local links. Infrastructure improvements and favorable regulatory moves are also catalyzing deployments in smart cities, healthcare facilities, and educational campuses. Collectively, these drivers are forging an innovation-rich trajectory for the WiGig market, positioning it as a central pillar in the future of wireless communication.
SCOPE OF STUDY:
The report analyzes the WiGig market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Product (Display Devices, Network Infrastructure Devices); Type (802.11ad, 802.11ay); Technology (Integrated Circuit Chips, System-on-Chip); End-Use (Networking, Consumer Electronics, Commercial)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
Select Competitors (Total 42 Featured) -
TARIFF IMPACT FACTOR
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APRIL 2025: NEGOTIATION PHASE
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JULY 2025 FINAL TARIFF RESET
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