Developed by the Wireless Gigabit Alliance, WiGig is the next generation of high-speed wireless networking. Although the technology has not yet hit the market, its promises are exciting. Some of its key benefits include increased speed, low latency, and reduced interference. Moreover, WiGig supports beam forming and a number of other technologies. As part of its mission to promote short-range wireless transmission technology, the Wireless Gigabit Alliance recently formed a new high-speed wireless standard called WiGig. The standard is based on the 60 GHz band and offers the ability to deliver internet connectivity to a wide array of devices. 

Market Dynamics:

The key drivers of the WiGig market include rising demand for high-speed Internet and the rapidly growing video game industry. A growing trend of work-from-home is also generating significant demand for fast data transfer. Moreover, the adoption of Bring Your Own Device (BYOD) policy at workplaces is driving the market. Moreover, large enterprises are increasingly adopting WiGig solutions to meet their bandwidth needs.

However, factors such as high cost of chip manufacturing, and limitations of WiGig technology are expected to hamper growth of the globa WiGig market over the forecast period.

Key features of the study:

• This report provides in-depth analysis of the global WiGig market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global WiGig market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include HP Development Company L.P., Panasonic Corporation, Lenovo Group Limited, Qualcomm Technologies Inc., Dell Technologies Inc., Intel Corporation, Cisco Systems Inc., Broadcom Inc., Sivers Ima Holding AB, Peraso Technologies Inc., Tensorcom Inc., Blu Wireless Technology Limited, and Fujikura Ltd.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global WiGig market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global WiGig market

Detailed Segmentation:

• Global WiGig Market, By Product
  • Display Devices
  • Network Infrastructure Devices
• Global WiGig Market, By Application
  • Gaming and Multimedia
  • Networking
  • Other Applications
• Global WiGig Market, By Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Rest of the World
• Company Profiles
  • HP Development Company L.P.
  • Panasonic Corporation
  • Lenovo Group Limited
  • Qualcomm Technologies Inc.
  • Dell Technologies Inc.
  • Intel Corporation
  • Cisco Systems Inc.
  • Broadcom Inc.
  • Sivers Ima Holding AB
  • Peraso Technologies Inc.
  • Tensorcom Inc.
  • Blu Wireless Technology Limited
  • Fujikura Ltd.