Gigabit WiFi Market Analysis

The market is segmented by product type into display devices, network infrastructure devices, networking devices, and consumer electronics, out of which, the segment for network infrastructure devices is anticipated to exhibit significant growth in the global gigabit WiFi market in view of the rise in demand for using 60 GHz frequency band and the escalating need for devices with high data throughput. Furthermore, based on protocol, the 802.11 AC segment is assessed to grow at the highest rate over the forecast period on the back of its ability to provide convenient wireless LAN solutions to users in workspaces. As 802.11 AC internet protocol offers better speed and improved bandwidth coverage with lesser number of dead spots, the growth of this market segment is predicted to witness a hike in the near future.

Our in-depth analysis of the global gigabit WiFi market includes the following segments

By Technology	System on Chipx Integrated Circuit Chip
By Product Type	Display Devices Network Infrastructure Devices Networking Devices Consumer Electronics
By Application	Broadband Wireless Corporate Networks Smart Cities Security Other
By Protocol	802.11 AC 802.11 AD 802.11 AY

Frequently Asked Questions (FAQ)

The major factors driving market growth are increasing demand for faster data transfer and growing user base of portable smart devices.

The market is anticipated to attain a noteworthy CAGR over the forecast period, i.e., 2021-2029.

High manufacturing cost of gigabit chipsets is estimated to hamper the market growth.

The major players in the market are Qualcomm Technologies, Inc., Sivers Semiconductors AB, Broadcom Inc., NXP Semiconductors N.V., and others.

Gigabit WiFi Market Analysis