Global Wireless Gigabit Market Size Study, by Offering (SoC, Module), Protocol (IEEE 802.11 ad, IEEE 802.11 ay), Channel (57–65 GHz and Others), Product (Display Devices, Network Infrastructure Devices), End-User Industry (Telecom, Automotive, Consumer Electronics, Railway, Others), and Regional Forecasts 2022–2032

January 2025 | 285 pages | ID: G668E2175C97EN
Bizwit Research & Consulting LLP

Abstracts

The global wireless gigabit market, valued at approximately USD 57.82 million in 2023, is expected to expand at a CAGR of 15.7% during the forecast period 2024–2032. This growth is attributed to the increasing demand for high-speed wireless communication technologies driven by applications in 5G infrastructure, IoT devices, and smart city developments. Wireless gigabit (WiGig), operating primarily in the 60 GHz frequency band, delivers data rates up to 7 Gbps, providing a significant edge over traditional Wi-Fi technologies.

The market growth is driven by rapid advancements in connectivity standards such as IEEE 802.11 ad and ay, coupled with the rising adoption of IoT devices and high-bandwidth applications like online gaming, virtual reality (VR), and high-definition streaming. Wireless gigabit solutions are increasingly being adopted in network infrastructure devices, including routers and access points, as well as display devices like high-resolution screens and projectors.

North America held the largest market share in 2024, supported by advanced technological infrastructure and early adoption of WiGig-enabled devices. The Asia Pacific region is expected to record the fastest growth, driven by expanding consumer electronics markets, smart city initiatives, and investments in high-speed connectivity infrastructure in countries such as China and India.

Key market players, including Peraso Technologies Inc., Tensorcom, Inc., and Qualcomm Technologies, Inc., are focusing on innovation and strategic partnerships to maintain competitive advantage and expand market reach.

Major Market Players Included in this Report Are:

• Peraso Technologies Inc.
• Tensorcom, Inc.
• STMicroelectronics
• Qualcomm Technologies, Inc.
• Sivers Semiconductors AB
• Blu Wireless
• Fujikura Ltd.
• Renesas Electronics Corporation
• Intel Corporation
• TP-Link Systems Inc.
• Infineon Technologies AG

The detailed segments and sub-segments of the market are explained below:

By Offering

• SoC
• Module
• Integrated Circuits
• Custom Solutions

By Protocol

• IEEE 802.11 ad
• IEEE 802.11 ay
• WiGig Tri-Band
• WiGig Single-Band

By Channel

• 57–59 GHz
• 59–61 GHz
• 61–63 GHz
• 63–65 GHz
• Others

By Product

• Display Devices
• Network Infrastructure Devices
• Wearable Devices
• Smart Home Devices

By End-User Industry

• Telecom
• Automotive
• Consumer Electronics
• Railway
• Others

By Region:

North America

• U.S.
• Canada

Europe

• Germany
• France
• UK
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Australia
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa

• Saudi Arabia
• UAE
• South Africa
• Rest of Middle East & Africa

Years Considered for the Study Are as Follows:

• Historical Year – 2022
• Base Year – 2023
• Forecast Period – 2024–2032

Key Takeaways:

• Comprehensive market estimates and segment-level revenue forecasts for 10 years.
• Analysis of geographical trends and country-specific insights.
• Competitive dynamics and key strategies of major players.
• Opportunities for investment and technological innovation.

Contents

CHAPTER 1. GLOBAL WIRELESS GIGABIT MARKET EXECUTIVE SUMMARY

1.1. Global Wireless Gigabit Market Size & Forecast (2022–2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Offering
  1.3.2. By Protocol
  1.3.3. By Channel
  1.3.4. By Product
  1.3.5. By End-User Industry
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendations & Conclusion

CHAPTER 2. GLOBAL WIRELESS GIGABIT MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion & Exclusion
  2.3.2. Limitations
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. GLOBAL WIRELESS GIGABIT MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Rising adoption of IoT devices
  3.1.2. Expansion of smart city infrastructure
  3.1.3. Increasing deployment of 5G networks
3.2. Market Challenges
  3.2.1. High infrastructure costs
  3.2.2. Spectrum allocation and regulatory hurdles
3.3. Market Opportunities
  3.3.1. Emerging applications in automotive connectivity
  3.3.2. Advancements in wireless communication standards

CHAPTER 4. GLOBAL WIRELESS GIGABIT MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Forces Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economic
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Investment Opportunities
4.4. Analyst Recommendations

CHAPTER 5. GLOBAL WIRELESS GIGABIT MARKET SIZE & FORECAST BY OFFERING (2022–2032)

5.1. SoC
5.2. Module
5.3. Integrated Circuits
5.4. Custom Solutions

CHAPTER 6. GLOBAL WIRELESS GIGABIT MARKET SIZE & FORECAST BY PROTOCOL (2022–2032)

6.1. IEEE 802.11 ad
6.2. IEEE 802.11 ay
6.3. WiGig Tri-Band
6.4. WiGig Single-Band

CHAPTER 7. GLOBAL WIRELESS GIGABIT MARKET SIZE & FORECAST BY CHANNEL (2022–2032)

7.1. 57–59 GHz
7.2. 59–61 GHz
7.3. 61–63 GHz
7.4. 63–65 GHz
7.5. Ultra-Wideband (UWB)

CHAPTER 8. GLOBAL WIRELESS GIGABIT MARKET SIZE & FORECAST BY PRODUCT (2022–2032)

8.1. Display Devices
  8.1.1. TVs and Projectors
  8.1.2. Smartphones and Tablets
8.2. Network Infrastructure Devices
  8.2.1. Routers
  8.2.2. Access Points
  8.2.3. Network Adapters
8.3. Wearable Devices
8.4. Smart Home Devices

CHAPTER 9. GLOBAL WIRELESS GIGABIT MARKET SIZE & FORECAST BY END-USER INDUSTRY (2022–2032)

9.1. Telecom
9.2. Automotive
9.3. Consumer Electronics
  9.3.1. Gaming Consoles
  9.3.2. Virtual Reality Devices
9.4. Railway
9.5. Industrial Automation
9.6. Smart City Applications

CHAPTER 10. GLOBAL WIRELESS GIGABIT MARKET SIZE & FORECAST BY REGION (2022–2032)

10.1. North America
  10.1.1. U.S.
  10.1.2. Canada
10.2. Europe
  10.2.1. Germany
  10.2.2. France
  10.2.3. UK
  10.2.4. Italy
  10.2.5. Spain
  10.2.6. Rest of Europe
10.3. Asia Pacific
  10.3.1. China
  10.3.2. Japan
  10.3.3. India
  10.3.4. South Korea
  10.3.5. Australia
  10.3.6. Rest of Asia Pacific
10.4. Latin America
  10.4.1. Brazil
  10.4.2. Mexico
  10.4.3. Rest of Latin America
10.5. Middle East & Africa
  10.5.1. Saudi Arabia
  10.5.2. UAE
  10.5.3. South Africa
  10.5.4. Rest of Middle East & Africa

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Key Company SWOT Analysis
  11.1.1. Peraso Technologies Inc.
  11.1.2. Qualcomm Technologies, Inc.
  11.1.3. Tensorcom, Inc.
11.2. Competitive Landscape
11.3. Key Strategies

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes
  12.2.1. Primary Research
  12.2.2. Secondary Research
12.3. Research Methodology

12. LIST OF TABLES

1. GLOBAL WIRELESS GIGABIT MARKET REVENUE BY REGION (2022–2032)

2. WIRELESS GIGABIT MARKET SHARE BY OFFERING (2022–2032)

3. WIRELESS GIGABIT MARKET REVENUE FORECAST BY PROTOCOL (2022–2032)

4. ANALYSIS OF IOT DEVICE GROWTH TRENDS (2020–2030)

5. SMART CITY INVESTMENTS BY REGION (2022–2032)

6. CHANNEL REVENUE BREAKDOWN BY APPLICATION (2022–2032)

7. KEY INVESTMENTS IN NETWORK INFRASTRUCTURE BY REGION

8. DISPLAY DEVICE MARKET TRENDS IN CONSUMER ELECTRONICS

9. AUTOMOTIVE CONNECTIVITY APPLICATIONS OF WIRELESS GIGABIT BY REGION

10. COMPANY REVENUE SHARE ANALYSIS (2022)

(This list is indicative and the final report includes 100+ tables.)

12. LIST OF FIGURES

1. WIRELESS GIGABIT MARKET SIZE FORECAST (2022–2032)

2. COMPARATIVE ANALYSIS OF PROTOCOLS (IEEE 802.11 AD VS. IEEE 802.11 AY)

3. IOT ADOPTION IMPACT ON WIRELESS GIGABIT MARKET (2022–2032)

4. REGIONAL REVENUE TRENDS (2022–2032)

5. CHANNEL CONTRIBUTION TO WIRELESS GIGABIT REVENUE (2022–2032)

6. SMART CITY CONNECTIVITY GROWTH DRIVERS BY REGION

7. DISPLAY DEVICE MARKET SHARE IN CONSUMER ELECTRONICS

8. COMPETITIVE LANDSCAPE: KEY MARKET PLAYERS

9. INVESTMENT TRENDS IN WIRELESS GIGABIT INFRASTRUCTURE

10. SWOT ANALYSIS OF MAJOR COMPANIES

(This list is indicative and the final report includes 50+ figures.)