Global Wireless Gigabit Market, By Product (Display Devices, Network Infrastructure Devices), Technology (System on Chip (SoC), Integrated Circuit Chip (IC Chip)), Protocol (802.11ad, 802.11ay), End Use (Consumer Electronics, Networking, Commercial) - Industry Trends and Forecast to 2029.
The wireless communication system has gained wide acceptance across the globe as it is provides the speed of data transfer of more than or equals to one gigabit. Wireless Gigabit is offering new standards of wireless communications, including 60 GHz 802.11ad. The 60 GHz band is known to facilitates the speed of 7 Gbps.
Global Wireless Gigabit Market was valued at USD 24,796.70 million in 2021 and is expected to reach USD 180,924.80 million by 2029, registering a CAGR of 28.20% during the forecast period of 2022-2029. “Consumer Electronics” accounts for the largest component segment in the respective market owing to the increase in consumer adoption of 802.11ac access points. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Market Definition
The wireless gigabit is known to be an advanced stage of wireless technology that usually operates in a wireless platform. This technology is specifically designed to enable quick transmission of data and faster communication. This wireless technology possesses more data transfer rate than that of WiFi.
Report Scope and Market Segmentation
Report Metric
Details
Forecast Period
2022 to 2029
Base Year
2021
Historic Years
2020 (Customizable to 2019 - 2014)
Quantitative Units
Revenue in USD Million, Volumes in Units, Pricing in USD
Segments Covered
Product (Display Devices, Network Infrastructure Devices), Technology (System on Chip (SoC), Integrated Circuit Chip (IC Chip)), Protocol (802.11ad, 802.11ay), End Use (Consumer Electronics, Networking, Commercial)
Countries Covered
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Market Players Covered
Qualcomm Technologies, Inc. (US), Sivers Semiconductors AB. (Swden), Intel Corporation (US), Tensorcom, Inc. (US), STMicroelectronics (Switzerland), Broadcom. (US), NXP Semiconductors. (Netherlands), Advanced Micro Devices, Inc (US), Infineon Technologies AG (Germany), Blu Wireless (UK), Netgear, Inc. (US), Ubiquiti Inc. (US), Siklu (Israel), SAMSUNG (South Korea), Socionext Inc. (Japan), HiSilicon (Shanghai) Technologies Co., Ltd. (China), ASUSTeK Computer Inc. (Taiwan), and Millitronic (India), among others
Market Opportunities
Growth of next-generation computing devices
Increase in transition from enterprise-driven to cloud-dominated technologies
Use of the technology in consumer electronics devices
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
Shift towards Cloud Technologies
The increase in transition from enterprise-driven to cloud-dominated technologies is one of the major factors driving the growth of wireless gigabit market. There is a high adoption of cloud computing across various enterprises due to the large data generation.
Use of Data Center and Ethernet Switches
Data center and Ethernet switches are one of the major requirements in the cloud computing sector. The 25G Ethernet is expected to propel 100G Ethernet volumes that will accelerate the market growth. Also, the adoption of a class of switch to support 25G used in cloud among enterprises will have a positive impact on the market.
High Demand for Consumer Electronics
Wireless Gigabit is capable of offering fast data sharing and instantaneous synchronization required for consumer electronics. The use of the technology in consumer electronics devices such as HD televisions, advanced smartphones, digital devices, and tablets, among others further influence the market.
Additionally, rapid urbanization, change in lifestyle, increase in necessity of data centers due to rising adoption of cloud platforms, surge in investments and growing market for connected devices positively impact the wireless gigabit market.
Opportunities
Furthermore, growth of next-generation computing devices extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, use of V-band mmWave for last-mile connectivity will further expand the market.
Restraints/Challenges
On the other hand, use of V-band mmWave for last-mile connectivity is expected to obstruct market growth. Also, issues with short operating range of wireless gigabit products are projected to challenge the wireless gigabit market in the forecast period of 2022-2029.
This wireless gigabit market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on wireless gigabit market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Covid-19 Impact on Wireless Gigabit Market
The COVID-19 had a negative impact on the wireless gigabit market owing to the strict lockdowns and social distancing to contain the spread of the virus. The economic uncertainty, partial shutdown of the business and low consumer confidence impacted demand wireless gigabit market. The supply chain got hampered during the pandemic along with delay logistics activities. However, the wireless gigabit market is expected to regain its pace during the post pandemic scenario due to the easing on the restrictions.
Recent Developments
MediaTek launched Density 5G Open Resource Architecture in June’2021. This technology offers manufacturers additional flexibility in customizing key 5G mobile device functionalities. The open resource design delivers smartphone manufacturers closer-to-metal access to configure features for displays, graphics, sensors, connection subsystems, artificial intelligence (AI) processing units (APUs), and cameras within the Density 1200 chipset.
Qualcomm Technologies, Inc. released the Qualcomm® SnapdragonTM X65 and X62 5G M.2 Reference Designs in May’2021. These technologies assist in 5G adoption across a variety of industries, including Always-Connected PCs (ACPCs), Customer Premises Equipment (CPEs), gaming, PCs, laptops, XR, and other mobile broadband (MBB) devices.
Global Wireless Gigabit Market Scope and Market Size
The wireless gigabit market is segmented on the basis of product, technology, protocol and end use. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
The wireless gigabit market is analysed and market size insights and trends are provided by country, product, technology, protocol and end use as referenced above.
The countries covered in the wireless gigabit market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the wireless gigabit market because of the rise in need for high-speed Internet, and high data throughput or data transfer at a faster rate within the region.
Europe is expected to witness significant growth during the forecast period of 2022 to 2029 because of the development of next-generation devices in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Wireless Gigabit Market
The wireless gigabit market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to wireless gigabit market.
Some of the major players operating in the wireless gigabit market are
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
Frequently Asked Questions
The market is segmented based on , By Product (Display Devices, Network Infrastructure Devices), Technology (System on Chip (SoC), Integrated Circuit Chip (IC Chip)), Protocol (802.11ad, 802.11ay), End Use (Consumer Electronics, Networking, Commercial) - Industry Trends and Forecast to 2029.
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The Global Wireless Gigabit Market size was valued at USD 24796.70 USD Million in 2021.
The Global Wireless Gigabit Market is projected to grow at a CAGR of 28.2% during the forecast period of 2022 to 2029.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
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Investor relations,
GE Healthcare
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Market Analyst,
Medincell
We found the results of this study compelling and will help our organization validate a market we are considering to enter. Thank you for a job well done.
Andrew - Senior Global Marketing Manager,
Medtronic (US)
I want to thank you for your help with this report – It’s been very helpful in our business planning and it well organized.
Amarildo - Manager, Global Strategic Alignment
MasterCard
We believe the work done by Data Bridge Team for our requirements in the North America Loyalty Management Market was fantastic and would love to continue working with your team moving forward.
Tor Hammer
Green Nexus LLc
Thank you for your quick response to this unfortunate circumstance. Please extend my thanks to your reach team. I will be contacting you in the future with further projects
I acknowledge the difficulty given by the very short warning for this report, and I think that its quality and your delivering time have been very satisfying.
Obviously, as a provider Data Bridge Market Research will be considered as a plus for future needs of Nippon Gases.
Yuki Kopyl (Asian Business Development Department)
UENO FOOD TECHNO INDUSTRY, LTD. (JAPAN)
Xylose report was very useful for our team. Thank you very much & hope to work with you again in the future
David Manning - Thermo Fisher Scientific
Director, Global Strategic Accounts,
Dear Ricky, I want to thank you for the excellent market analysis (LIMS INSTALLED BASE DATA) that you and your team delivered, especially end of year on short notice.
Sachin and Shraddha captured the requirements, determined their path forward and executed quickly.
You, Sachin and Shraddha have been a pleasure to work with – very responsive, professional and thorough.
Your work is much appreciated.
Manager - Market Analytics,
Uriah D. Avila - Zeus Polymer Solutions
Thank you for all the assistance and the level of detail in the market report. We are very pleased with the results and the customization. We would like to continue to do business.
Business Development Manager,
(Pharmaceuticals Partner for Nasal Sprays) | Renaissance Lakewood LLC
DBMR was attentive and engaged while discussing the Global Nasal Spray Market. They understood what we were looking for and was able to provide some examples from the report as requested. DBMR Service team has been responsive as needed. Depending on what my colleagues were looking for, I will recommend your services and would be happy to stay connected in case we can utilize your research in the future.
Business Intelligence and Analytics,
Ipsen Biopharm Limited
We are impressed by the CENTRAL PRECOCIOUS PUBERTY (CPP) TREATMENT report - so a BIG thanks to you colleagues.
Competition Analyst,
Basler Web
I just wanted to share a quick note and let you know that you guys did a really good job. I’m glad I decided to work with you. I shall continue being associated with your company as long as we have market intelligence needs.
Marketing Director,
Buhler Group
It was indeed a good experience, would definitely recommend and come back for future prospects.
COO,
A global leader providing Drug Delivery Services
DBMR did an outstanding job on the Global Drug Delivery project, We were extremely impressed by the simple but comprehensive presentation of the study and the quality of work done. This report really helped us to access untapped opportunities across the globe.
Marketing Director,
Philips Healthcare
The study was customized to our targets and needs with well-defined milestones. We were impressed by the in-depth customization and inclusion of not only major but also minor players across the globe. The DBMR Market position grid helped us to analyze the market in different dimension which was very helpful for the team to get into the minute details.
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