According to the latest report by IMARC Group,the global wigig market reached a value of US$ 2.5 Billion in 2021.WiGig is a 60 GHz wireless gigabit Wi-Fi network protocol, which is extensively deployed in the commercial and residential sectors for enabling high-performance wireless data display and audio. It is further utilized in handheld equipment and consumer electronics for high-speed transmission. WiGig offers various benefits, such as faster communication, instant transmission of data, accuracy, security, and reduced interference.
2. Report Description
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3. Report Description
Report Description and Highlights
Global WiGig Market Outlook 2026:
According to the latest report by IMARC Group, titled “WiGig Market: Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast 2022-2027,” the global wigig market reached a value of US$
2.5 Billion in 2021.
WiGig is a 60 GHz wireless gigabit Wi-Fi network protocol, which is extensively deployed in the
commercial and residential sectors for enabling high-performance wireless data display and audio. It is
further utilized in handheld equipment and consumer electronics for high-speed transmission. WiGig
offers various benefits, such as faster communication, instant transmission of data, accuracy, security,
and reduced interference.
In comparison to Wi-Fi, the WiGig signal reduces more current at a given distance. At present, WiGig is
commercially available in varying types like system-on-chip (SoC) and integrated circuit chip (IC).
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4. Report Description
Report Description and Highlights
Global WiGig Market Trends:
The widespread adoption of WiGig in multimedia streaming, personal computer (PC) docking,
transmitting data at multi-gigabit (GB) is one of the key factors, primarily driving the global WiGig
market toward growth. Moreover, the integration of the Internet of Things (IoT) and cloud solutions in
various industrial verticals is propelling market growth.
In line with this, the escalating utilization of WiGig devices in enterprises for enabling working
professionals to execute various allocated tasks, such as delivering large files, running bandwidth
applications and projecting graphics, is positively influencing the market. The continual launch of
innovative and technologically advanced devices is acting as another major growth-inducing factor.
For instance, in September 2019, Marvell Technology Group Ltd., a US-based company, announced the
launch of ultra-low latency, high-port-count automotive switches coupled with multi-gigabit routing
throughout the infrastructure and assets for enhancing operational efficiency. Other than this, the
adoption of the bring-your-own-device (BYOD) policy at workplaces is creating a positive outlook for
the market.
5. Market Summary:
Breakup by Product:
• Networking Devices
• Consumer Electronics
Breakup by Protocol:
• 802.11ad
• 802.11ay
Breakup by End Use Industry:
• BFSI
• Healthcare
• IT and Telecom
• Retail
• Media and Entertainment
Report Description
Report Description and Highlights
6. Breakup by Technology Type:
• System-on-Chip (SoC)
• Integrated Circuit Chip (IC)
Breakup by Enterprise Size:
• Small and Medium-sized Enterprises
• Large Enterprises
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Middle East and Africa
• Latin America
Looking forward, the market value is projected to grow at a CAGR of 20.1% during 2022-2027.
Report Description
Report Description and Highlights
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Partial List of Clients
9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients