Global Wireless Gigabit Market Analysis- Size, Share, Growth, Trends and Forecasts, 2015 to 2022: Grand View Research

The global Wireless Gigabit (WiGig) market is poised for high growth over the forecast period. This growth can be attributed to the increasing need for high-speed Internet and emergence of next-generation computing devices. It ensures the highest levels of accuracy and security in transferring data, while supporting all three wireless frequency bands and accessing the existing Wi-Fi devices. The technology enables high-speed data transfer and data sharing at multi-gigabit speeds. It provides several advantages including high-speed data transfer up to the speed of 7 GBPS, and provides a wire-free environment with low power consumption reducing the overall costs of operations.

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The market is classified into various WiGig end-use products. It comprises network infrastructure devices, mobile communication devices, and consumer electronics. These are extensively used in smartphones, tablets, docking stations, and peripherals. It finds extensive applications in high-speed Internet access and wireless data sharing, video streaming and wireless displays, wireless docking, and backup via synchronization. In addition, it can be segmented as per the architecture used to build the network. It comprises the physical layer, medium access control layer, and the protocol adaption layer. However, high initial investments and technological constraints in establishing a secure access among networks are expected to restrain the market growth.

The advent and increase in the use of advanced communication devices such as tablets, highly advanced smartphones, and ultra-book PCs that require real-time synchronization and data sharing have spurred the demand globally. The increasing use of cloud computing required high-speed data transfer and retrieval for virtual content sharing and backup can be done using the Wireless Gigabit technology. The advanced WirelessHD uses the WiGig technology that enables high-speed wireless transport of high-definition video stream within the network with a high quality of service for distances of up to ten meters.

North American region is anticipated to witness a surge in the industry development due to improved infrastructure and strong telecommunications network. Service providers and carriers in this region offer integrated services by turning to improved network infrastructure, thus, increasing the overall operational efficiency. Developing countries from the Asia Pacific, specifically China, Korea, and India are expected to observe rise in demand for such advanced data transfer technology. Furthermore, the easy availability of efficient computer programmers and IT infrastructure has propelled the expansion of the IT service industry in this region, thus increasing the scope for WiGig market.

Major industry players include Azurewave Technologies, Agilent, Beam Networks, Blu Wireless Technology, Broadcom Corporation, Cisco, Intel Corporation, Marvell Technology, Microsoft, Nvidia Corp., Panasonic Corp., Peraso Technologies, Qualcomm Atheros, Silicon Image, ST Microelectronics, Tensorcom, Inc., and Wilocity.

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