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Market Snapshot

CAGR:5.9

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	5.9

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Report Overview

WiGig Market Analysis Report 2023-2032

The WiGig Market is projected to experience substantial growth, with an estimated Compound Annual Growth Rate (CAGR) of 18.76% between 2022 and 2032. This growth is expected to result in a market size expansion of USD 3,874.32 million. The WiGig industry's growth is driven by factors such as the demand for high-speed wireless communication, advancements in Internet of Things (IoT) applications, and the need for seamless connectivity in various sectors.

WiGig Market Overview

Drivers

The growth of the WiGig market is propelled by the increasing demand for high-speed wireless communication. Businesses and consumers alike seek faster data transmission for applications such as video streaming, virtual reality, and real-time data sharing. WiGig technology, based on the IEEE 802.11ad standard, offers multi-gigabit per second speeds, enabling efficient data transfer.

Furthermore, advancements in IoT applications contribute to the market's growth. WiGig's high bandwidth and low latency capabilities make it suitable for connecting IoT devices, facilitating real-time data exchange and enhancing automation and control systems.

Trends

5G integration and millimeter-wave technology are key trends in the WiGig market. WiGig's compatibility with 5G networks enhances wireless communication by leveraging both technologies' strengths. Millimeter-wave frequencies enable multi-gigabit speeds and are integral to WiGig's performance.

Moreover, multi-device connectivity is gaining prominence. WiGig's ability to connect multiple devices simultaneously aligns with the increasing number of smart devices in homes and businesses.

Restraints

Interference challenges and device compatibility issues present hurdles in the WiGig market. WiGig operates in the millimeter-wave spectrum, which can be susceptible to interference from physical obstacles. Line-of-sight communication and limited penetration through walls are considerations for optimal performance.

Additionally, device compatibility is crucial for seamless communication. Devices need to be equipped with WiGig-capable chipsets to fully utilize the technology's benefits.

WiGig Market Segmentation By Application

Among the application segments, the Consumer Electronics segment is expected to witness significant growth during the forecast period. WiGig's high-speed wireless capabilities enhance user experiences in devices such as smartphones, laptops, and smart TVs.

Moreover, the Healthcare segment is also on the rise. WiGig's low latency and high bandwidth support real-time telemedicine applications, remote diagnostics, and wearable health monitoring devices.

WiGig Market Segmentation By Type

Within the WiGig type segment, the Integrated Circuits segment is expected to play a significant role in market growth. WiGig chipsets integrated into devices enable seamless wireless communication without the need for additional hardware.

Additionally, the Standalone Devices segment remains relevant. Standalone WiGig devices offer versatile connectivity solutions for various use cases, such as wireless docking stations and VR headsets.

Regional Overview:

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North America is projected to be a major contributor to the global WiGig market growth, accounting for approximately 40% of the market share during the forecast period. The region's leadership is attributed to the adoption of advanced technologies, the presence of key industry players, and the demand for high-speed wireless solutions.

Europe also holds a significant share in the WiGig market, driven by the growth of smart city initiatives, the development of IoT applications, and the need for efficient communication in industries such as automotive and manufacturing. The Asia-Pacific region is witnessing rapid growth, fueled by the expansion of 5G networks, increasing smartphone penetration, and the rise of smart homes.

The WiGig market faced disruptions during the COVID-19 pandemic as remote work and digital connectivity gained importance. The pandemic highlighted the need for reliable and high-speed wireless solutions to support remote communication and collaboration.

WiGig Market Customer Landscape

The WiGig market report encompasses an analysis of the customer lifecycle, from early adopters to late adopters. It delves into adoption rates across regions, providing insights into customer penetration. Additionally, the report identifies key purchase criteria and factors influencing price sensitivity, aiding businesses in devising effective growth strategies.

Major WiGig Market Companies

Companies in the WiGig market are implementing various strategies to enhance their market presence, including strategic partnerships, research and development, and the development of innovative WiGig-enabled products.

Qualcomm Incorporated: Qualcomm offers WiGig solutions for high-speed wireless communication in devices such as smartphones and laptops. Their chipsets support multi-gigabit speeds and millimeter-wave technology.
Intel Corporation: Intel provides WiGig technology for wireless docking stations and VR headsets. Their solutions offer fast data transmission and low latency connectivity.
Samsung Electronics Co., Ltd.: Samsung integrates WiGig technology into their smartphones and smart TVs, enabling high-speed wireless data transfer and seamless device connectivity.

The competitive landscape analysis in the report offers comprehensive insights into market players, assessing their strengths, weaknesses, and positioning. The qualitative and quantitative data aids in categorizing companies based on their focus and dominance in the market.

Segment Overview

The WiGig market report forecasts revenue growth at global, regional, and country levels and provides a comprehensive analysis of trends and growth opportunities from 2019 to 2032.

Application Outlook (USD Million, 2019 - 2032)

Consumer Electronics
Healthcare
Automotive
Others

Type Outlook (USD Million, 2019 - 2032)

Integrated Circuits
Standalone Devices

Geography Outlook (USD Million, 2019 - 2032)

North America

United States
Canada

Europe

United Kingdom
Germany
France
Rest of Europe

APAC

China
Japan
India
Rest of APAC

South America

Brazil
Argentina
Chile
Rest of South America

Middle East & Africa

United Arab Emirates
South Africa
Saudi Arabia
Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL WiGig MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition `

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. WiGig MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. WiGig Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.5.1. Power Of Suppliers

4.5.2. Power Of Buyers

4.5.3. Threat Of Substitutes

4.5.4. Threat Of New Entrants

4.5.5. Competitive Rivalry

Chapter 5. WiGig MARKET BY product SIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 Display Devices

5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 Network Infrastructure Devices

5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. WiGig MARKET BY Application INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 Gaming and Multimedia

6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 Networking

6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. WiGig MARKET REGIONAL OUTLOOK

7.1. WiGig Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America WiGig Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.2. North America WiGig Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America WiGig Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America WiGig Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S. WiGig Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. WiGig Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. WiGig Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. WiGig Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada WiGig Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada WiGig Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada WiGig Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada WiGig Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe WiGig Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe WiGig Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.3. Europe WiGig Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe WiGig Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany WiGig Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany WiGig Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany WiGig Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany WiGig Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France WiGig Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France WiGig Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France WiGig Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France WiGig Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. WiGig Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. WiGig Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. WiGig Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K. WiGig Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific WiGig Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific WiGig Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific WiGig Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific WiGig Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China WiGig Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China WiGig Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China WiGig Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China WiGig Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India WiGig Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India WiGig Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India WiGig Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India WiGig Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan WiGig Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan WiGig Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan WiGig Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan WiGig Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia WiGig Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia WiGig Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia WiGig Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia WiGig Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea WiGig Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea WiGig Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea WiGig Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea WiGig Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America WiGig Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America WiGig Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America WiGig Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America WiGig Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America WiGig Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

8.2.1. New Product Launches

8.2.2. Investment & Expansion

8.2.3. Acquisitions

8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

8.3.1. North American Suppliers

8.3.2. European Suppliers

8.3.3. Asia-Pacific Suppliers

8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 Panasonic Corporation

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2 Qualcomm Technologies

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3 Intel Corporation

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4 Broadcom

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5 Peraso Technologies

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. Product Insights

9.5.4. Strategic Initiatives

9.6 Company 6

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. Product Insights

9.6.4. Strategic Initiatives

9.7 Company 7

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. Product Insights

9.7.4. Strategic Initiatives

9.8 Company 8

9.8.1. Company Overview

9.8.2. Financial Performance

9.8.3. Product Insights

9.8.4. Strategic Initiatives

9.9 Company 9

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. Product Insights

9.9.4. Strategic Initiatives

9.10 Company 10

9.10.1. Company Overview

9.10.2. Financial Performance

9.10.3. Product Insights

9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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Wigig Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032