Press release
Global WiGig Market: Exponential Growth Illustrious By Rising CAGR And Market Size
WiGig Market Size
What Is The Projected Market Size Of The Global WiGig Market And Its Growth Rate?
The WiGig market reflects an encouraging growth trajectory:
• From $5.05 billion in 2024 to $6.37 billion in 2025 (26.3% CAGR)
• Expected to reach $17.73 billion in 2029 (29.1% CAGR)
Market growth spurred by factors such as smart device proliferation, expansive internet usage, IoT adoption, and 5G network deployment. Major trends include WiGig integration in enterprise networking solutions, the rise of new form factors with WiGig support, and increased focus on millimeter-wave communication.
What Is Driving The Growth In The WiGig Market?
The surge in demand for high-speed internet significantly contributes to the WiGig market growth. As 5G wireless technology establishes itself, WiGig technology, capable of doubling current wireless internet speeds up to 8 Gbps, takes the front seat. WiGig's propensity to facilitate high-performance wireless data, display, and audio applications underpins a substantial demand increase. The United Kingdom confirms a steady climb in premises with access to gigabit-capable broadband, indicating rising high-speed internet demands and thus the WiGig market's potential growth.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12564&type=smp
Who Are the Key Players Driving WiGig Market Growth?
Substantial growth in the WiGig market is fueled by market players such as:
• Samsung Electronics Co. Ltd.
• Microsoft Corporation
• Dell Inc.
• Lenovo Group Ltd.
• Panasonic Corporation
• Intel Corporation
• Qualcomm Technologies Inc.
• Broadcom Inc.
• NXP Semiconductors N.V.
• Keysight Technologies Inc.
What Are The Key Trends In The WiGig Market?
Key trends shaping the WiGig Market include:
• Development of advanced modulation techniques
• Increased focus on millimeter-wave communication
• Integration of WiGig in enterprise networking solutions
• Rising demand for WiGig in gaming and entertainment
• Emergence of new form factors and devices supporting WiGig
What Are The Segments Of The Global WiGig Market?
The WiGig market is segmented into:
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, Healthcare, IT And Telecom, Retail, Media And Entertainment, Other End Use Industries
Which Region Leads The WiGig Market?
North America held the largest regional share of the WiGig market in 2024, with Asia-Pacific anticipated as the fastest-growing region during the forecast period. The WiGig market spans regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the report for swift delivery:
https://www.thebusinessresearchcompany.com/report/wigig-global-market-report
What Is Covered In The WiGig Market Global Market Report?
- Market Size Analysis: Analyze the WiGig Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the WiGig Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall WiGig Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the WiGig Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/customise?id=12564&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global WiGig Market: Exponential Growth Illustrious By Rising CAGR And Market Size here
News-ID: 3836489 • Views: …
More Releases from The Business Research Company
Leading Companies Fueling Growth and Innovation in the Sun Care Products Market
The sun care products market is on track for substantial expansion as consumer awareness about skin protection intensifies worldwide. With evolving preferences and technological advancements shaping product offerings, this sector is set to witness robust growth in the coming years. Let's explore the market's size projections, key players, emerging trends, and major segments driving its development through 2030.
Projected Size and Growth Trajectory of the Sun Care Products Market
The…
Future Perspectives: Key Trends Shaping the Styrene Butadiene Rubber (SBR) Based …
The styrene butadiene rubber (SBR) based adhesive market is on track for notable growth as we approach 2030. Driven by a variety of factors including expanding infrastructure projects and rising demand across multiple industries, this sector is poised for steady expansion. Let's explore the market's size projections, key players, emerging trends, and the main segments shaping its future.
Projected Growth and Market Size of Styrene Butadiene Rubber Based Adhesives
The…
Emerging Sub-Segments Transforming the Stearic Acid Market Landscape
The stearic acid market is poised for significant expansion in the coming years, driven by evolving demand across various industries. This report explores the projected market size, leading companies, key trends, and segment analysis shaping the future of this vital chemical.
Stearic Acid Market Size and Growth Outlook
The stearic acid market is set to grow robustly, reaching a valuation of $54.63 billion by 2030. This represents a compound annual…
Market Trend Insights: The Impact of Recent Innovations on the Specialty Pestici …
The specialty pesticides sector is on the verge of significant expansion as global agricultural practices continue to evolve. Driven by increasing demand for crop protection and sustainable farming techniques, this market is set to experience robust growth in the coming years. Let's explore the market's anticipated value, leading companies, emerging trends, and detailed segmentation to gain a comprehensive understanding of this dynamic industry.
Projected Market Size and Growth Expectations for Specialty…
More Releases for WiGig
The Surge In Demand For High-Speed Internet Propels WiGig Market Growth Emerges …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the WiGig Market Through 2025?
The size of the wigig market has seen a significant surge in the past few years. The market, evaluated to be worth $5.05 billion in 2024, is predicted to escalate to $6.34 billion in 2025, boasting a compound…
Prominent WiGig Market Trend for 2025: Advancements in Multi-Gigabit Wireless Co …
What industry-specific factors are fueling the growth of the wigig market?
The proliferation of high-speed internet is set to fuel the expansion of the WiGig market in the times ahead. High-speed internet, offering speeds superior to conventional internet connections for downloading and uploading, is on the rise. 5G, the fifth iteration of wireless tech, boasts elevated internet speeds and carries data more swiftly compared to its predecessors, such as 4G or…
Next-Gen Wireless: The Promise of the WiGig Market
Allied Market Research published a report, titled, " Next-Gen Wireless: The Promise of the WiGig Market .The report analyzes these key players in the global WiGig market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, developments, and product portfolios of…
WiGig Market Size & Share | Industry Report, 2033
The new report published by The Business Research Company, titled WiGig Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the wigig market size has grown exponentially in recent years. It will grow from $4.04 billion in 2023 to…
Wireless Gigabit (WiGig) Market Research and Forecast 2020-2026
The global WiGig market is projected to exhibit a significant growth, at a CAGR of around 25.8%, during the forecast period. The high penetration of premium smartphone brands with flagship offerings and other electronic devices, increasing demand for WiGig. IoT is becoming more common and is seen as the third wave of technology. WiGig is becoming a need for portable electronics products targeted by IoT includes digital camera & camcorders,…
WiGig Market Exclusive insight on Transformation 20258
WiGig is a term that stands for wireless gigabit. It has recently entered a market and is grabbed significant attention in the information technology sector and the industry of wireless technology.is WiGig is known to transfer the data way faster than the usual speed of Wi Fi technology with IEEE 802.11n; ten times faster to be precise. WiGig is build on IEEE 802.11ad specification, and utilizes 60GHz spectrum or…
