WiGig Market Analysis

  • Report ID: 5890
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

WiGig Market Analysis

Application (Networking Infrastructure Devices, Display Devices)

The display devices segment is predicted to account for 70% share of the global WiGig market during the forecast period owing to the growing usage in docking stations. A laptop can be connected to numerous auxiliary devices such as displays via a docking station, which turns it into a multipurpose workstation that increases productivity and helps to provide high and dedicated bandwidth for quick data transfers. To connect to all of the gadgets, docking stations frequently need additional cables and attachments which necessitates the use of WiGig-enabled docking stations since it allows for quick and easy docking of WiGig-capable PCs. Moreover, a monitor, projector, or other display device that is attached to a WiGig dock can be wirelessly connected to the PC which can act as the display device's central processing unit for receiving human input data from the display device via the same WiGig communication network.

In addition, WiGig will extend its multi-gigabit speeds and expand capacity to network infrastructure equipment, which are generally classified into routers, adapters, and backhaul stations.

Standard (802.11 ad, 802.11 ay)

The 802.11 ay segment is set to garner a notable share shortly. 802.11ay is a type of WLAN in the IEEE 802.11 set of WLANs which has a frequency of 60 GHz and is designed to run at much higher frequencies. The 802.11ay protocol is intended to function at frequencies far higher than 6GHz, with a transmission rate of around 39 Gbps and a longer transmission range of more than 200 meters. IEEE states that 802.11ay is an expansion of 802.11ad, commonly referred to as WiGig, which is said to create a composite bandwidth of 8.64GHz by combining four 802.11ad channels.

End-User (Retail and Consumer Goods, IT and Telecommunications, Media and Entertainment, Healthcare, Aerospace and Defense)

The media and entertainment segment in the WiGig market is poised to gain a noteworthy share in the coming years. WiGig was created to replace cables in home entertainment systems since it enhances virtual reality, gaming, and multimedia streaming over Wi-Fi, and allows for lightning-fast streaming media and extremely quick data transfers. WiGig enables lag-free, uninterrupted streaming of 4K video, and offers high-speed, low-latency connections which streamers and gamers long for. It guarantees seamless gameplay and provides an amazing user experience.

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

          Standard

  • 802.11 ad
  •  802.11 ay

          End-User

  • Retail and Consumer Goods
  •  IT and Telecommunications
  •  Media and Entertainment
  • Healthcare
  •  Aerospace and Defense

          Application

  • Networking Infrastructure Devices
  • Display Devices

          Enterprise Size

  • Small and Medium
  • Large
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 5890
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of WiGig is assessed at USD 31.08 billion.

WiGig Market size was over USD 25.64 billion in 2024 and is anticipated to reach USD 544.62 billion by the end of 2037, growing at around 26.5% CAGR during the forecast period i.e., between 2025-2037. The growing internet accessibility across the globe and the growing developments in wireless technologies will drive the market growth.

North America industry is poised to account for largest revenue share of 40% by 2037, impelled by growing number of data centers in the region.

The major players in the market are Broadcom Inc., Peraso Technologies Inc., Qualcomm Technologies Inc., Samsung Electronics Co. Ltd., Cisco Systems Inc., Sivers Semiconductors AB, Intel Corporation, Marvell Technology Inc., NXP Semiconductors N.V., and others.
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