WiGig Market Share

North American Market Forecast

WiGig market in North America is predicted to account for the largest share of 40% by 2037 impelled by the growing number of data centers, driven by rapid digitalization, and significant investments made by digital giants such as Google, Microsoft, and Amazon in the US in constructing their own data centers to serve its cloud services. For instance, in 2022, the United States had more than 2,700 number of data centers. Particularly, in 2023, the United States had over 5,370 number of data centers worldwide.

APAC Market Statistics

The Asia Pacific WiGig market is estimated to be the second largest, during the forecast timeframe led by the growing personal disposable income. This has led to an increase in the urge to always be connected as a result of which consumers are spending more money on media, entertainment, networking, and mobile communication. This may create a huge demand for WiGig in the region.

For instance, by 2027, India's household expenditure will cross over USD 2 trillion owing to a compound annual growth in disposable income of around 14%.

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.

WiGig Market Share