WiGig Market Size

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. In the year 2025, the industry size of WiGig is assessed at USD 31.08 billion. The reason behind the growth is due to the growing internet accessibility across the globe. To spread the advantages of the information revolution to every part of the world, efforts are being made to expand internet connectivity in places where it is currently scarce by creating new technologies, and by improving infrastructure and access.

For instance, there are more than 4 billion users of the internet, which represents around 59% of the world's population.

The growing developments in wireless technologies are believed to fuel the market growth. Many promising wireless technologies have been put forth recently to improve the quality of wireless communications, which is benefiting the telecoms industry and other industries to improve efficiency and offer opportunities for significant economic growth.