Rise in the demand for high speed internet connectivity, massive growth in adoption of portable consumer goods, growth in use of smartphones, growth in demand for live multiplying gaming, and high definition content streaming, which drives growth of the market.
In addition, increase in adoption of Wi-Fi enabled devices such as smartphones and laptops, along with increase in adoption of connected devices further fuels growth of this WiGig market.
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However, complex configuration, heavy cost installment, and high-power consumption aresome of the factors that hinder growth of this market. Further more, ongoing advancements in new generation devices may create opportunity for the WiGig market globally.
Due to technology advancements, consumer experience is also getting enhanced. Demand for ultra-high definition video, movies,and video on demand services has increased and virtual reality and augmented reality in the gaming industry are expected to boost growth of the WiGig market.
As compared to 2.4/5Ghz frequencies and with 60 Ghz WiGig travel directionally and hence is used in beam forming techniques. However, range of WiGig is expected to be around 10 meters, which is very short. In addition, WiGig technology has natural interference problems so data transfer requires devices to be close by and in line-of sight of each other, which hinders growth of the WiGig market.
Companies Covered:
- Intel Corp.
- Cisco Systems Inc.
- Samsung Electronics Inc.
- Qualcomm Inc.
- Panasonic Corp.
- Broadcom Inc.
- NEC Corp.
- Marvell Technology Group Ltd.
- NVIDIA Corp.
- Agilent Technologies
- Silicon Image Inc.
- Blu Wireless Technologies
Key benefits of the report:
- This study presents the analytical depiction of the global WiGigmarketalong with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis ofglobal WiGigmarket share.
- The current market is quantitatively analyzed from 2019 to 2027 to highlight the global WiGigmarketgrowth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides detailedWiGigmarketanalysis based on competitive intensity and how the competition will take shape in coming years.
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