Wireless Gigabit Market Share, Size, Trends, and Forecast by 2031

MARKET INTRODUCTION

The data transfer speeds in the wireless gigabit systems exceed one gigabit per second. Wireless gigabit or WiGig is a wireless technology which also ensures accuracy in data transfer along with high-level security. The market is in a growing stage at present and is expected to transform the communications industry sooner. The emerging trend of bring your own device (BYOD) and internet of things (IoT) further strengthens the market landscape for the key players in the forecast period.

MARKET DYNAMICS

The wireless gigabit market is anticipated to grow in the forecast period owing to driving factors such as increasing demand for faster data transfer coupled with a surge in growth of the portable handheld electronic devices. Moreover, technological advancements and the emergence of 5G is likely to augment the growth of the wireless gigabit market. However, short operating range and other technological constraints may hamper market growth during the forecast period. On the other hand, the growth of communication devices is expected to showcase significant opportunities for market players.

MARKET SCOPE

The "Global Wireless Gigabit Market Analysis to 2031" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of wireless gigabit market with detailed market segmentation by technology, application, industry vertical and geography. The global wireless gigabit market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading wireless gigabit market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global wireless gigabit market is segmented on the basis of technology, application, and industry vertical. Based on technology, the market is segmented as microwave, millimeter wave, free space optics, AC-MIMO, 802.11ac, 802.11ax, 802.11ay, 4G. On the basis of the application, the market is segmented as smart cities, broadband wireless, corporate networks, campus sites, security and CCTV, and others. The market on the basis of the industry vertical is classified as BFSI,IT & telecom, government, healthcare, retail, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global wireless gigabit market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The wireless gigabit market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting wireless gigabit market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the wireless gigabit market in these regions.

MARKET PLAYERS

The reports cover key developments in the wireless gigabit market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from wireless gigabit market are anticipated to lucrative growth opportunities in the future with the rising demand for wireless gigabit in the global market. Below mentioned is the list of few companies engaged in the wireless gigabit market.

The report also includes the profiles of key wireless gigabit companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

•  Advanced Micro Devices Inc.
•  Blu Wireless Technology
•  Broadcom (Avago Technologies)
•  Intel Corporation
•  Lattice Semiconductor
•  NetGear Inc.
•  Panasonic Corporation
•  Peraso Technologies Inc.
•  Qualcomm Technologies, Inc.
•  Tensorcom Inc.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Wireless Gigabit Report Scope