Press release
Market Segmentation in the 60GHz Wi-Fi (WiGig) Market: An In-Depth Look
Market Segmentation in the 60GHz Wi-Fi (WiGig) Market: An In-Depth Look
60GHz Wi-Fi (WiGig) Market Future Scope
The 60GHz Wi-Fi (WiGig) Market was valued at approximately USD 2.6 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 19.2% from 2023 to 2030. The increasing demand for high-speed internet and the rise in data-heavy applications are significant drivers for the growth of the market. The growing adoption of WiGig in consumer electronics, such as laptops, smartphones, and tablets, is contributing to the increasing market size. The 60GHz Wi-Fi (WiGig) Market is gaining momentum due to its ability to offer faster data transfer rates compared to traditional Wi-Fi technologies, making it a preferred choice for many applications in the future.
The future scope of the 60GHz Wi-Fi (WiGig) Market looks promising, with the market projected to reach approximately USD 16.3 billion by 2030. The technology's potential to provide wireless high-definition video streaming, gaming, and virtual reality applications will further fuel its adoption in the coming years. Additionally, advancements in semiconductor technologies and the development of smart homes and connected devices will open up new growth opportunities for the 60GHz Wi-Fi (WiGig) Market. As the demand for ultra-low latency and high-speed connectivity continues to rise, WiGig technology is expected to play a critical role in the evolution of wireless communication technologies.
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Who are the largest Global manufacturers in the 60GHz Wi-Fi (WiGig) Market?
Blu Wireless
Broadcom
Hitachi
Intel
Lattic
Nitero
Peraso
Tensorcom
Qualcomm
Netgear
TP-pnk
STMicroelectronics
Microsoft
AMD
Nokia
Samsung
LG
Panasonic
Toshiba
NEC
MediaTek.Inc
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real-time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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What are the factors driving the growth of the Global 60GHz Wi-Fi (WiGig) Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global 60GHz Wi-Fi (WiGig) Market
By Appbrcation
Consumer Electronics
Enterprise Networking
Healthcare
Automotive
Smart Home
Telecommunications
By Product Type
Wireless Routers
Wireless Adapters
Access Points
Other Devices
By End-User
Individual Consumers
Small and Medium Enterprises (SMEs)
Large Enterprises
Government and Defense
By Deployment Type
Indoor
Outdoor
By Technology
802.11ad
802.11ay
Which regions are leading the Global 60GHz Wi-Fi (WiGig) Market?
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global Global 60GHz Wi-Fi (WiGig) Market Research Report, 2026-2033
1. Introduction of the Global 60GHz Wi-Fi (WiGig) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Research
Data Minin
Validation
Primary Interview
List of Data Sources
4. Global 60GHz Wi-Fi (WiGig) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global 60GHz Wi-Fi (WiGig) Market, By Product
6. Global 60GHz Wi-Fi (WiGig) Market, By Application
7. Global 60GHz Wi-Fi (WiGig) Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. Global 60GHz Wi-Fi (WiGig) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research."
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