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PUBLISHER: IMARC | PRODUCT CODE: 1298614

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PUBLISHER: IMARC | PRODUCT CODE: 1298614

Wireless Gigabit Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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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?

Product Code: SR112023A5379

Table of Contents

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
Product Code: SR112023A5379

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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