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Wireless Gigabit (WiGig) Market to Reach $7 Billion by 2024 - Improved Internet Connectivity is Driving Growth - Research and Markets

Research and Markets has announced the addition of the "Wireless Gigabit (WiGig) Market Analysis By Type, By Product, By Application, By End-Use And Segment Forecasts To 2024" report to their offering.

The global wireless gigabit (WiGig) market size is expected to reach USD 7.42 billion by 2024.

The increasing requirement for improved internet connectivity and better speed is driving the high-speed Internet growth across the globe. Moreover, the high penetration of smartphones and use of multiple devices are contributing to the overall industry growth. Global consumers demand high-speed connectivity without wires fastening them to their devices. Due to its capability of providing multi-gigabit data transfer, the technology is widely used in applications right from video streaming to backing up files.

Companies serving verticals such as media and entertainment, online gaming, healthcare, hospitality, educational institutions, research environments, and financial services, among others require a big bandwidth and high-speed Ethernet options. Furthermore, businesses are increasingly deploying resources to the cloud, whether a public, private, or hybrid cloud environment. Maximizing the effectiveness of cloud computing depends on the sufficient broadband speed and reliability that is also cost-effective. Such factors are increasingly contributing toward the rapid industry growth.

However, the escalation in productivity from BYOD devices has put more pressure on wireless networks, making costs harder to control and the devices more complex to manage within an organization. Due to the growing transition toward virtualization and BYOD, business networks are struggling with increased complexity.

Companies Mentioned:

  • Qualcomm Inc.
  • Intel Corporation
  • Broadcom Corporation
  • Marvell Technology Group Ltd.
  • Panasonic Corporation
  • Cisco Systems, Inc.
  • NEC Corporation
  • Azurewave Technologies, Inc.
  • Nvidia Corporation
  • MediaTek Inc.

Key Topics Covered:

1. Methodology and Scope

2. Executive Summary

3. Market Snapshot

4. WiGig Industry Outlook

5. WiGig Type Outlook

6. WiGig Product Outlook

7. WiGig Application Outlook

8. WiGig End-use Outlook

9. WiGig Regional Outlook

10. Competitive Landscape

For more information about this report visit http://www.researchandmarkets.com/research/cf4fx4/wireless_gigabit

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