Wireless Gigabit Global Market Report 2025

The wireless gigabit market size has grown exponentially in recent years. It will grow from $3.76 billion in 2024 to $4.87 billion in 2025 at a compound annual growth rate (CAGR) of 29.5%. The growth during the historic period can be attributed to advancements in Wi-Fi technology, the increasing demand for high-speed internet, the expansion of smart devices, the rise in cloud service usage, and upgrades in telecom infrastructure.

The wireless gigabit market size is expected to see exponential growth in the next few years. It will grow to $13.57 billion in 2029 at a compound annual growth rate (CAGR) of 29.2%. The growth during the forecast period is driven by the deployment of 5G networks, increasing adoption of smart homes and cities, demand for ultra-high-definition content, advancements in Wi-Fi 6E and Wi-Fi 7, and the rise of remote work and virtual collaboration. Key trends in the forecast period include the development of 5G and 6G technologies, improved spectrum management techniques, advancements in beamforming and MIMO technologies, integration of AI for network optimization, and growing adoption of Wi-Fi 6 and future technologies for faster connectivity.

The increasing demand for high-speed connectivity is expected to drive the growth of the wireless gigabit market. High-speed connectivity refers to the ability of networks or devices to transfer large volumes of data quickly and efficiently, whether over wireless or wired connections. This demand is being fueled by rising data consumption as users seek seamless access to streaming services, cloud computing, and real-time communication. Wireless Gigabit technology enhances connectivity by offering ultra-fast data transfer rates over short distances, enabling smooth streaming, fast downloads, and low-latency communication across devices. For example, in January 2023, Ookla, a U.S.-based web service that analyzes internet access performance, reported that from November 2021 to November 2022, fixed broadband speeds increased by at least 28%, and mobile speeds grew by nearly 17%. As a result, the growing need for high-speed connectivity is propelling the growth of the wireless gigabit market.

Leading companies in the wireless gigabit market are focusing on developing advanced products such as high-performance wireless transceiver modules to enable next-generation connectivity in various applications. These compact components are designed for rapid, reliable communication at high frequencies, such as 60 GHz, supporting multi-gigabit data rates and making them ideal for ultra-fast, low-latency, high-bandwidth applications. For example, in January 2024, Peraso Inc., a U.S.-based mmWave technology company, announced its first commercial order for Perspectus mmWave antenna modules supporting the DUNE platform. This order highlights Peraso’s ability to tackle broadband infrastructure challenges in densely populated urban areas, particularly informal settlements. The DUNE platform, featuring intelligent media access control and advanced phased array antenna technology, enables wireless internet providers to deploy long-range, interference-free, multi-point networks, significantly improving affordable gigabit wireless access in underserved markets.

In November 2022, RADWIN, an Israel-based provider of wireless gigabit technology solutions, partnered with Cogent Distribution to distribute RADWIN's wireless broadband products across the UK. The partnership enables Cogent Distribution to stock RADWIN products locally, reducing deployment lead times and improving customer satisfaction. Cogent's engineers, trained in RADWIN’s solutions, offer technical support and design assistance. This collaboration strengthens RADWIN's market presence in the UK and enhances its value-added services.

Major players in the wireless gigabit market are Verizon Communications Inc., Dell Technologies Inc., Intel Corporation, Panasonic Corporation, Cisco Systems Inc., Qualcomm Technologies Inc., Broadcom Inc., Nvidia Corporation, MediaTek Inc., ZTE Corporation, NXP Semiconductors N.V., Marvell Technology Inc., Skyworks Solutions Inc., TP-Link Technologies Co. Ltd., Netgear Inc., Ceragon Networks Ltd., Cambium Networks, Radwin Ltd., Mimosa Networks, Tensorcom Inc., Peraso Inc., Blu Wireless Technology, and Ignitenet.

North America was the largest region in the wireless gigabit market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in wireless gigabit report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the wireless gigabit market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Wireless Gigabit (WiGig) is a wireless communication technology that supports ultra-fast data transfer speeds of up to 7 Gbps. It operates in the 60 GHz frequency range, providing low latency and high bandwidth over short distances. WiGig is well-suited for applications such as high-definition video streaming, virtual reality, and rapid file transfers. It enhances traditional Wi-Fi by offering faster speeds in localized areas.

Primary product categories of wireless gigabit include wireless routers, wireless adapters, wireless access points, and wireless network cards. Wireless routers connect to a modem to establish a Wi-Fi network, enabling wireless internet access for devices such as smartphones, laptops, and smart TVs. These routers use various technologies, including integrated circuit chips and systems on chips, along with multiple protocols, such as the IEEE 802.11ad and IEEE 802.11ay. WiGig is utilized in numerous applications, including wireless audio and video streaming, smart home devices, virtual reality (VR), augmented reality (AR), gaming, and enterprise networking. It serves various industries, including telecom, automotive, consumer electronics, and railways, among others.

The wireless gigabit market research report is one of a series of new reports that provides wireless gigabit market statistics, including the wireless gigabit industry global market size, regional shares, competitors with the wireless gigabit market share, detailed wireless gigabit market segments, market trends, opportunities, and any further data you may need to thrive in the wireless gigabit industry. This wireless gigabit market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The wireless gigabit market consists of revenues earned by entities by providing services such as high-speed wireless data transmission, wireless docking solutions, ultra-fast media streaming, and low-latency connectivity solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. The wireless gigabit market includes sales of WiGig-enabled smartphones and tablets, wireless VR headsets, and WiGig modules for laptops and PCs. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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