|By Business Wire||
|April 22, 2014 04:48 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/rr3lw5/global_wireless) has announced the addition of the "Global Wireless Gigabit Market 2014-2018 with Broadcom, Intel, Qualcomm Atheros, Panasonic & MediaTek Dominating" report to their offering.
The Global Wireless Gigabit market to grow at a CAGR of 158% to 2018.
There are several factors that drive the growth of the Global WiGig market; one of them is the unrelenting demand for mobile data applications and hence the supporting devices. The steady increase in data traffic caused by smart devices plays a major role in driving the demand for the market. In the beginning of 2013, the IEEE approved a new wireless specification that could be used in devices to deliver tri-band networking and support emerging WiGig technology. The approval is considered a lucrative solution to open new avenues of application for the service providers, felicitating high speed up to 7Gbps on the unlicensed 60GHz radio spectrum band. The standard association claimed the new development will offer around 10 times the rate of speeds offered through the incumbent 802.11n standard, which uses the 2.4GHz and 5GHz spectrum bands.
The 802.11ad (or WiGig) will offer faster networking because of the low extent of interception and interference of its shorter range in the 60GHz band. Due to the revolution in the data-centric applications, the tri-band devices can support up to 7Gbps speed enabling high-speed file transfers and WiGig docking technology, which can connect portable user devices to a display the moment it is placed. During the forecast period, the market will be flooded with tri-band supported devices, driving the Global WiGig market.
Further, the report states that one of the main challenges is the omnipresence of Wi-Fi-enabled devices. The Wi-Fi standard has been around for more than two decades, and has carved a strong position in the Global Networking market.
Key vendors dominating this space are:
- Broadcom Corp.
- Intel Corp
- Qualcomm Atheros Inc
- Panasonic Corp.
- MediaTek Inc.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- IEEE 802.11ad: WiGig Standard
- Market Landscape
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/rr3lw5/global_wireless
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