Exactitude Consultancy Press Release: Global wireless gigabit market

The global wireless gigabit market is expected to reach above USD 16.49 billion.

The global Wireless Gigabit Market size is expected to grow at more than 28.8% CAGR from 2021 to 2029. Using millimetre wave (MMW), microwave, 4G/LTE, free-space optics (FSO), and carrier Wi-Fi technologies, wireless gigabit (WiGig) refers to an internet connection that gives a speed of 1 gigabit per second (Gbps). By working in the 60 GHz frequency spectrum, it supports quicker speed for Blu-ray players, home theatres, and other audio-visual equipment around the world. For decreasing network congestion and sending radio beams with a high-frequency bandwidth, it uses beamforming technology. As it offers precision and a high level of security while sending the data, it is frequently used in networking architecture.

Explore 188 market data Tables spread through nearly 125 Pages and in-depth analysis on “Global Wireless Gigabit Market by Product (Display Devices, Network Infrastructure Devices), by Technology (Integrated Circuit Chip, System On Devices), by Protocol (802.11 ad, 802.11 ay), by Application (Networking Devices, Consumer Electronics) and by Region, Global trends and forecast from 2022 to 2029.” with Table of Contents

In the coming years, streaming of high-resolution videos will be growing significantly which drastically drive the market.

The use of OTT (over-the-top) content is expected to grow in coming years, with 5G technology predicted to be the most significant next-generation cellular network technology, particularly in urban areas. Moreover, 4K video streaming now demands about 30Mbps of internet capacity, according to the most recent OTT trends. In contrast to typical consumer Internet connections, high-resolution video streaming requires at least double the available bandwidth. Nevertheless, the introduction of 5G is anticipated to bring about an increase in bandwidth that will make 4K streaming and virtual reality (virtual reality) the distinguishing features over the forecast period. Higher wireless network standards, such WiGig, should become more popular as a result of the increased demand for high definition video.

Global Wireless Gigabit Market Players

Key competitors from both domestic and international markets compete fiercely in the worldwide global wireless gigabit market industry include Qualcomm Atheros, Samsung Electric Co. Ltd., Intel Corporation, Cisco Systems Ltd., Marvell Technology Group Ltd., Broadcom Corporation, NEC Corporation, Panasonic Corporation, AzureWave Technologies, NVIDIA, MediaTek.

The wireless gigabit industry has been greatly impacted by the COVID-19 pandemic’s repercussions on the global economy.

The COVID-19 pandemic has had a huge impact on the wireless gigabit industry. As more people transition to remote work and online education, the demand for high-speed internet connectivity has grown, which has fuelled expansion in the wireless gigabit market. One of the key drivers in this increase has been the rising usage of technologies like 5G and Wi-Fi 6, which provide higher speeds and more dependable access. These tools are even more important now that the pandemic is over as they enable individuals to work and learn more effectively from home. The COVID-19 pandemic The epidemic has also caused a boom in demand for wireless gigabit items like routers, modems, and access points as people try to upgrade their home networks to meet the growing demands of distant work and online learning. The epidemic, however, has also had some negative effects on the wireless gigabit industry. Manufacturing delays and supply chain interruptions lead to shortages of some products and higher prices for others. Additionally, the pandemic’s effects on the economy have led some customers to put off or forego buying brand-new wireless gigabit products.

Key Market Segments: Global Wireless Gigabit Market

Global Wireless Gigabit Market by Product, 2020-2029, (USD Billion)

• Display Devices
• Network Infrastructure Devices

Global Wireless Gigabit Market by Technology, 2020-2029, (USD Billion)

• Integrated Circuit Chip
• System On Devices

Global Wireless Gigabit Market by Protocol, 2020-2029, (USD Billion)

• 11 Ad
• 11 Ac

Global Wireless Gigabit Market by Application, 2020-2029, (USD Billion)

• Networking Devices
• Consumer Electronics

Global Wireless Gigabit Market by Region, 2020-2029, (USD Billion)

• North America
• Europe
• Asia Pacific
• South America
• Middle East And Africa

IMPORTANT COUNTRIES IN ALL REGIONS ARE COVERED

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