Press release
Global WiGig Market: In-Depth Analysis Of Industry Share, Size, Growth And Outlook Up To 2032
WiGig Market
The Business Research Company's WiGig Global Market Report 2023 identifies Rising demand for high-speed internet as the major driver for the WiGig market's growth in the forecast period. High-speed internet refers to internet connections that provide faster download and upload speeds than traditional internet connections. The fifth generation of wireless technology, or 5G, is characterized by its high-speed internet capabilities and the ability to carry data faster than earlier generations, like 4G or LTE. WiGig is designed to offer high-speed internet connectivity and can double current wireless internet speeds up to 8 Gbps. It enables high-performance wireless data, display, and audio applications, enabling devices to communicate wirelessly at multi-gigabit speeds.
The global WiGig market is expected to grow from $3.17 billion in 2022 to $4.04 billion in 2023 at a compound annual growth rate (CAGR) of 27.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The WiGig market is expected to reach $10.57 billion in 2027 at a CAGR of 27.2%.
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Major competitors in the WiGig market are Samsung Electronics Co. Ltd., Microsoft Corporation, Dell Inc., Lenovo Group Ltd., Panasonic Corporation, Intel Corporation, Qualcomm Technologies Inc., Broadcom Inc., NXP Semiconductors N.V., Agilent Technologies Inc., Keysight Technologies Inc., Fujikura Ltd., Marvell Technology Inc., Teradyne Inc., Rohde & Schwarz GmbH & Co KG, Anritsu Corporation, Lattice Semiconductor Corporation, InterDigital Inc., AzureWave Technologies Inc., DisplayLink Corp., Siklu Communication Ltd., Peraso Technologies Inc., Blu Wireless Technology Limited, Sivers Semiconductors AB, Tensorcom Inc., Laird PLC, and Movandi Corporation.
A key trend in the WiGig market includes technological advancement. Major companies operating in the WiGig market are focused on adopting advanced technological solutions to sustain their position in the market.
Read More On The Global WiGig Market Report Here:
https://www.thebusinessresearchcompany.com/report/wigig-global-market-report
The WiGig market is segmented -
1) By Product: Display Devices, Network Infrastructure Devices
2) By Technology Type: System-on-Chip (SoC), Integrated Circuit Chip (IC)
3) By Enterprise Size: Large Enterprises, Small And Medium-sized Enterprises
4) By End Use Industry: BFSI (Banking, Financial Services, And Insurance), Healthcare, IT And Telecom, Retail, Media and Entertainment, Other End Use Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the WiGig market.
The Business Research Company's "Global WiGig Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The WiGig Market Include:
1. Executive Summary
2. WiGig Market Characteristics
3. WiGig Market Trends And Strategies
4. WiGig Market - Macro Economic Scenario
5. Global WiGig Market Size and Growth
.......
32. Global WiGig Market Competitive Benchmarking
33. Global WiGig Market Competitive Dashboard
34. Key Mergers And Acquisitions In The WiGig Market
35. WiGig Market Future Outlook and Potential Analysis
36. Appendix
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