Global Wireless Gigabit (WiGig) Market Size, Share & Trends Analysis Report by Product (Consumer Electronics and Network Infrastructure Devices) and by Application (BFSI, IT & Telecom, Government, Healthcare, and Others) and Forecast 2020-2026
The global WiGig market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising trend for BYOD and cloud computing technology across the globe. Along with this, the increasing demand for technologically advanced consumer electronics with high data transfer speed are some other factors contributing in the market growth. The WiGig market is classified on the basis of technology and application. The WiGig market is classified on the basis of product and application. Based on product, the market is bifurcated into consumer electronics and network infrastructure devices. The consumer electronics segment is further segmented into smartphone, laptops & tablets, projectors, and others. The network infrastructure devices segment is further segregated into routers, backhaul stations, and others. Based on application, the market is segregated into BFSI, IT & telecom, government, healthcare, and others.
Geographically, the global WiGig market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific is expected to project a considerable growth during the forecast period. This growth is backed by the well-developed electronics industry in the region, especially in China, South Korea, and Japan. According to the International Trade Union Federation (ITUF), China is the largest producer of the world’s electronic and electronic components across the globe. Access to better infrastructure and a progressive government push for manufacturing has made the country competitive in international markets. Due to which, manufactured products constitute a significant share of the country’s trade. A substantial amount of China’s imports comprises of parts and components that are assembled into finished products, such as consumer electronic products and computers, and then exported. Owing to these facts, the nation is estimated to contribute significant share in the WiGig market in Asia-Pacific.
The global WiGig market is influenced by product development and advancements conducted by the market players. The key players of the WiGig market include Broadcom, Inc., Intel Corp., Qualcomm Technologies, Inc., Marvell Semiconductor, Inc., Panasonic Corp., Dell Technologies, Inc., NEC Corp., and Peraso Technologies Inc. These players are playing a significant role in the growth of the WiGig market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.
Research Methodology
The market study of the global WiGig market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook.
In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of the reports.
Secondary sources include:
The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
1. Global WiGig Market Research and Analysis by Product
2. Global WiGig Market Research and Analysis by Application
The Report covers:
The global WiGig market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising trend for BYOD and cloud computing technology across the globe. Along with this, the increasing demand for technologically advanced consumer electronics with high data transfer speed are some other factors contributing in the market growth. The WiGig market is classified on the basis of technology and application. The WiGig market is classified on the basis of product and application. Based on product, the market is bifurcated into consumer electronics and network infrastructure devices. The consumer electronics segment is further segmented into smartphone, laptops & tablets, projectors, and others. The network infrastructure devices segment is further segregated into routers, backhaul stations, and others. Based on application, the market is segregated into BFSI, IT & telecom, government, healthcare, and others.
Geographically, the global WiGig market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific is expected to project a considerable growth during the forecast period. This growth is backed by the well-developed electronics industry in the region, especially in China, South Korea, and Japan. According to the International Trade Union Federation (ITUF), China is the largest producer of the world’s electronic and electronic components across the globe. Access to better infrastructure and a progressive government push for manufacturing has made the country competitive in international markets. Due to which, manufactured products constitute a significant share of the country’s trade. A substantial amount of China’s imports comprises of parts and components that are assembled into finished products, such as consumer electronic products and computers, and then exported. Owing to these facts, the nation is estimated to contribute significant share in the WiGig market in Asia-Pacific.
The global WiGig market is influenced by product development and advancements conducted by the market players. The key players of the WiGig market include Broadcom, Inc., Intel Corp., Qualcomm Technologies, Inc., Marvell Semiconductor, Inc., Panasonic Corp., Dell Technologies, Inc., NEC Corp., and Peraso Technologies Inc. These players are playing a significant role in the growth of the WiGig market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.
Research Methodology
The market study of the global WiGig market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook.
In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of the reports.
Secondary sources include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalog
The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
1. Global WiGig Market Research and Analysis by Product
2. Global WiGig Market Research and Analysis by Application
The Report covers:
- Comprehensive research methodology of the global WiGig market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global WiGig market.
- Insights about market determinants which are stimulating the global market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Table of Contents
1. Report Summary
2. Market Overview and Insights
3. Competitive Landscape
4. Market Determinants
5. Market Segmentation
6. Regional Analysis
7. Company Profiles
Companies Mentioned
A selection of companies mentioned in this report includes:
- ASUSTeK Computer Inc.
- Broadcom, Inc.
- Cisco Systems, Inc.
- Dell Technologies, Inc.
- Intel Corp.
- Marvell Semiconductor, Inc.
- Millitronic Co., Ltd.
- NEC Corp.
- NVIDIA Corp.
- Panasonic Corp.
- Peraso Technologies Inc.
- Qualcomm Technologies, Inc.
- Tensorcom Inc. (NantWorks, LLC)
