Wireless Gigabit (WiGig) Market Analysis By Type (802.11ac, 802.11ad), By Product (Consumer Electronics, Networking Devices), By Application (BFSI, Government, IT & Telecom, Retail, Healthcare), By End-Use (Large Enterprises, SMBs, Residential) And Segment Forecasts To 2024

Published: Oct, 2016 | Pages: 95 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)

The global wireless gigabit (WiGig) market size is expected to reach USD 7.42 billion by 2024, according to a new report by Grand View Research, Inc. 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.

As consumers demand wireless videos and data continues to grow, 802.11ad in the 60GHz spectrum shall provide more enhanced network capacity that makes it a feasible extension for the congested 2.4GHz/5GHz Wi-Fi spectrum.

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.

Further Key Findings From the Study Suggest:

The 802.11ac segment dominated the industry, which is anticipated to grow at a CAGR of nearly 30% over the forecast period. The exponential growth of virtualization, video, and mobility has led to an increase in the demand for bandwidth. Moreover, organizations require robust, adaptable, and easily positioned wireless LAN solutions as more of their workforces are accessing the network using intelligent mobile devices that run high bandwidth applications. These factors are leading to the rapid adoption of 802.11ac-enabled devices.

The consumer electronics segment is anticipated to significantly dominate the industry over the forecast period with a CAGR of over 31%, owing to the increasing proliferation of consumer devices such as smartphones, tablets, and laptops. Owing to the rise in the adoption of these consumer devices, many business networks have experienced network congestion issues along with interference. This has led several network operators to move their dual-band services to operate using the 5GHz spectrum, thus driving the growth of the WiGig market.

IT & telecom led the industry with a share of 29% in 2015. With the improvement in the telecom connectivity, companies are increasingly adopting applications such as BYOD throughout their operations. Moreover, the increase in the employee strength and the growing demand for worldwide coordination have, in turn, increased the demand for the high-speed Internet. This propels the IT & telecom organizations to use WiGig solutions across their businesses.

Asia Pacific is projected to be a key regional segment with over 45% of the overall revenue share in 2015. The presence of a large number of WiGig manufacturers is the key factor for the dominating share accounted by the region. The presence of robust economies, such as India and China, is also expected to drive the regional growth. Moreover, the rising adoption of third-party platforms by enterprises, along with varied government initiatives, is projected to drive the need for smart network solutions.

The key vendors in the WiGig market include Intel Corporation, Qualcomm, Broadcom Corporation, Panasonic Corporation, Marvell Technology Group Ltd., NEC Corporation, Cisco Systems, Inc., MediaTek, Nvidia Corporation, and Azurewave Technologies, Inc. Industry players are continuously investing in partnerships and new products to create opportunities for entering into new verticals and gaining a significant industry share.

 Table of Contents

Chapter 1. Methodology and Scope
                     1.1. Research Methodology
                     1.2. Research Scope & Assumption
                     1.3. List of Data Sources

Chapter 2. Executive Summary

Chapter 3. Market Snapshot
                     3.1. WiGig - Market Snapshot & Key Buying Criteria, 2014 - 2024

Chapter 4. WiGig Industry Outlook
                     4.1. Market Segmentation
                     4.2. Market Size and Growth Prospects
                     4.3. WiGig Value Chain Analysis
                          4.3.1. Vendor landscape
                     4.4. WiGig Market Dynamics
                          4.4.1. Market driver analysis
                               4.4.1.1. Transition from IPv4 to IPv6
                               4.4.1.2. Growing BYOD and IoT trends
                          4.4.2. Market restraint analysis
                               4.4.2.1. Rising cost of IPAM
                     4.5. Key Opportunities Prioritized
                     4.6. Industry Analysis - Porter's
                     4.7. Key Company Analysis, 2015
                          4.7.1. Company strategy overview
                     4.8. WiGig Market PESTEL Analysis, 2015

Chapter 5. WiGig Type Outlook
                     5.1. WiGig Market Share by Type, 2014 & 2024
                     5.2. 802.11ac
                          5.2.1. Global market estimates and forecasts, 2014 - 2024
                     5.3. 802.11ad
                          5.3.1. Global market estimates and forecasts, 2014 - 2024

Chapter 6. WiGig Product Outlook
                     6.1. WiGig Market Share by Product, 2014 & 2024
                     6.2. Consumer Electronics
                          6.2.1. Global market estimates and forecasts, 2014 - 2024
                     6.3. Networking Devices
                          6.3.1. Global market estimates and forecasts, 2014 - 2024

Chapter 7. WiGig Application Outlook
                     7.1. WiGig Market Share by Application, 2014 - 2024
                     7.2. BFSI
                          7.2.1. Global market estimates and forecasts, 2014 - 2024
                     7.3. Government
                          7.3.1. Global market estimates and forecasts, 2014 - 2024
                     7.4. IT & Telecom
                          7.4.1. Global market estimates and forecasts, 2014 - 2024
                     7.5. Retail
                          7.5.1. Global market estimates and forecasts, 2014 - 2024
                     7.6. Healthcare
                          7.6.1. Global market estimates and forecasts, 2014 - 2024
                     7.7. Others
                          7.7.1. Global market estimates and forecasts, 2014 - 2024

Chapter 8. WiGig End-use Outlook
                     8.1. WiGig Market Share by End-use, 2014 & 2024
                     8.2. Large Enterprises
                          8.2.1. Global market estimates and forecasts, 2014 - 2024
                     8.3. SMBs
                          8.3.1. Global market estimates and forecasts, 2014 - 2024
                     8.4. Residential
                          8.4.1. Global market estimates and forecasts, 2014 - 2024

Chapter 9. WiGig Regional Outlook
                     9.1. WiGig Market Share by Region, 2014 - 2024
                     9.2. North America
                          9.2.1. WiGig market by type, 2014 - 2024
                          9.2.2. WiGig market by product, 2014 - 2024
                          9.2.3. WiGig market by end-use, 2014 - 2024
                          9.2.4. WiGig market by application, 2014 - 2024
                          9.2.5. U.S.
                               9.2.5.1. WiGig market by type, 2014 - 2024
                               9.2.5.2. WiGig market by product, 2014 - 2024
                               9.2.5.3. WiGig market by end-use, 2014 - 2024
                               9.2.5.4. WiGig market by application, 2014 - 2024
                          9.2.6. Canada
                               9.2.6.1. WiGig market by type, 2014 - 2024
                               9.2.6.2. WiGig market by product, 2014 - 2024
                               9.2.6.3. WiGig market by end-use, 2014 - 2024
                               9.2.6.4. WiGig market by application, 2014 - 2024
                     9.3. Europe
                          9.3.1. WiGig market by type, 2014 - 2024
                          9.3.2. WiGig market by product, 2014 - 2024
                          9.3.3. WiGig market by end-use, 2014 - 2024
                          9.3.4. WiGig market by application, 2014 - 2024
                          9.3.5. UK
                               9.3.5.1. WiGig market by type, 2014 - 2024
                               9.3.5.2. WiGig market by product, 2014 - 2024
                               9.3.5.3. WiGig market by end-use, 2014 - 2024
                               9.3.5.4. WiGig market by application, 2014 - 2024
                          9.3.6. Germany
                               9.3.6.1. WiGig market by type, 2014 - 2024
                               9.3.6.2. WiGig market by product, 2014 - 2024
                               9.3.6.3. WiGig market by end-use, 2014 - 2024
                               9.3.6.4. WiGig market by application, 2014 - 2024
                     9.4. Asia Pacific
                          9.4.1. WiGig market by type, 2014 - 2024
                          9.4.2. WiGig market by product, 2014 - 2024
                          9.4.3. WiGig market by end-use, 2014 - 2024
                          9.4.4. WiGig market by application, 2014 - 2024
                          9.4.5. China
                               9.4.5.1. WiGig market by type, 2014 - 2024
                               9.4.5.2. WiGig market by product, 2014 - 2024
                               9.4.5.3. WiGig market by end-use, 2014 - 2024
                               9.4.5.4. WiGig market by application, 2014 - 2024
                          9.4.6. Japan
                               9.4.6.1. WiGig market by type, 2014 - 2024
                               9.4.6.2. WiGig market by product, 2014 - 2024
                               9.4.6.3. WiGig market by end-use, 2014 - 2024
                               9.4.6.4. WiGig market by application, 2014 - 2024
                          9.4.7. India
                               9.4.7.1. WiGig market by type, 2014 - 2024
                               9.4.7.2. WiGig market by product, 2014 - 2024
                               9.4.7.3. WiGig market by end-use, 2014 - 2024
                               9.4.7.4. WiGig market by application, 2014 - 2024
                     9.5. Latin America
                          9.5.1. WiGig market by type, 2014 - 2024
                          9.5.2. WiGig market by product, 2014 - 2024
                          9.5.3. WiGig market by end-use, 2014 - 2024
                          9.5.4. WiGig market by application, 2014 - 2024
                          9.5.5. Brazil
                               9.5.5.1. WiGig market by type, 2014 - 2024
                               9.5.5.2. WiGig market by product, 2014 - 2024
                               9.5.5.3. WiGig market by end-use, 2014 - 2024
                               9.5.5.4. WiGig market by application, 2014 - 2024
                          9.5.6. Mexico
                               9.5.6.1. WiGig market by type, 2014 - 2024
                               9.5.6.2. WiGig market by product, 2014 - 2024
                               9.5.6.3. WiGig market by end-use, 2014 - 2024
                               9.5.6.4. WiGig market by application, 2014 - 2024
                     9.6. Middle East & Africa
                          9.6.1. WiGig market by type, 2014 - 2024
                          9.6.2. WiGig market by product, 2014 - 2024
                          9.6.3. WiGig market by end-use, 2014 - 2024
                          9.6.4. WiGig market by application, 2014 - 2024

Chapter 10. Competitive Landscape
                     10.1. Qualcomm Inc.
                          10.1.1. Revenue Analysis 
                          10.1.2. Technology Benchmarking 
                          10.1.3. Strategic Development
                     10.2. Intel Corporation
                          10.2.1. Revenue Analysis 
                          10.2.2. Technology Benchmarking 
                          10.2.3. Strategic Development
                     10.3. Broadcom Corporation
                          10.3.1. Revenue Analysis 
                          10.3.2. Technology Benchmarking 
                          10.3.3. Strategic Development
                     10.4. Marvell Technology Group Ltd.
                          10.4.1. Revenue Analysis 
                          10.4.2. Technology Benchmarking 
                          10.4.3. Strategic Development
                     10.5. Panasonic Corporation
                          10.5.1. Revenue Analysis 
                          10.5.2. Technology Benchmarking 
                          10.5.3. Strategic Development
                     10.6. Cisco Systems, Inc.
                          10.6.1. Revenue Analysis 
                          10.6.2. Technology Benchmarking 
                          10.6.3. Strategic Development
                     10.7. NEC Corporation
                          10.7.1. Revenue Analysis 
                          10.7.2. Technology Benchmarking 
                          10.7.3. Strategic Development
                     10.8. Azurewave Technologies, Inc. 
                          10.8.1. Revenue Analysis 
                          10.8.2. Technology Benchmarking 
                          10.8.3. Strategic Development
                     10.9. Nvidia Corporation 
                          10.9.1. Revenue Analysis 
                          10.9.2. Technology Benchmarking 
                          10.9.3. Strategic Development
                     10.10. MediaTek Inc.
                          10.10.1. Revenue Analysis 
                          10.10.2. Technology Benchmarking 
                          10.10.3. Strategic Development

List of Tables

TABLE 1 Global WiGig market, 2014 - 2024 (USD Million)
TABLE 2 Global market estimates and forecasts by region, 2014 - 2024 (USD Million)
TABLE 3 Global market estimates and forecasts by type, 2014 - 2024 (USD Million)
TABLE 4 Global market estimates and forecasts by product, 2014 - 2024 (USD Million)
TABLE 7 Global market estimates and forecasts by end-use, 2014 - 2024 (USD Million)
TABLE 8 Global market estimates and forecasts by application, 2014 - 2024 (USD Million)
TABLE 9 WiGig - Key market drivers impact
TABLE 10 Global 802.11ac market by region, 2014 - 2024 (USD Million)
TABLE 11 Global 802.11ad market by region, 2014 - 2024 (USD Million)
TABLE 12 Global consumer electronics market by region, 2014 - 2024 (USD Million)
TABLE 13 Global networking devices market by region, 2014 - 2024 (USD Million)
TABLE 14 Global large enterprises market by region, 2014 - 2024 (USD Million)
TABLE 15 Global SMBs market by region, 2014 - 2024 (USD Million)
TABLE 16 Global residential market by region, 2014 - 2024 (USD Million)
TABLE 17 Global BFSI market by region, 2014 - 2024 (USD Million)
TABLE 18 Global government market by region, 2014 - 2024 (USD Million)
TABLE 19 Global IT & telecom market by region, 2014 - 2024 (USD Million)
TABLE 20 Global retail market by region, 2014 - 2024 (USD Million)
TABLE 21 Global healthcare market by region, 2014 - 2024 (USD Million)
TABLE 22 Global others market by region, 2014 - 2024 (USD Million)
TABLE 26 North America WiGig market by type, 2014 - 2024 (USD Million)
TABLE 27 North America WiGig market by product, 2014 - 2024 (USD Million)
TABLE 30 North America WiGig market by end-use, 2014 - 2024 (USD Million)
TABLE 31 North America WiGig market by application, 2014 - 2024 (USD Million)
TABLE 32 U.S. WiGig market by type, 2014 - 2024 (USD Million)
TABLE 33 U.S. WiGig market by product, 2014 - 2024 (USD Million)
TABLE 36 U.S. WiGig market by end-use, 2014 - 2024 (USD Million)
TABLE 37 U.S. WiGig market by application, 2014 - 2024 (USD Million)
TABLE 38 Canada WiGig market by type, 2014 - 2024 (USD Million)
TABLE 39 Canada WiGig market by product, 2014 - 2024 (USD Million)
TABLE 42 Canada WiGig market by end-use, 2014 - 2024 (USD Million)
TABLE 43 Canada WiGig market by application, 2014 - 2024 (USD Million)
TABLE 44 Europe WiGig market by type, 2014 - 2024 (USD Million)
TABLE 45 Europe WiGig market by product, 2014 - 2024 (USD Million)
TABLE 48 Europe WiGig market by end-use, 2014 - 2024 (USD Million)
TABLE 49 Europe WiGig market by application, 2014 - 2024 (USD Million)
TABLE 50 Germany WiGig market by type, 2014 - 2024 (USD Million)
TABLE 51 Germany WiGig market by product, 2014 - 2024 (USD Million)
TABLE 54 Germany WiGig market by end-use, 2014 - 2024 (USD Million)
TABLE 55 Germany WiGig market by application, 2014 - 2024 (USD Million)
TABLE 56 UK WiGig market by type, 2014 - 2024 (USD Million)
TABLE 57 UK WiGig market by product, 2014 - 2024 (USD Million)
TABLE 60 UK WiGig market by end-use, 2014 - 2024 (USD Million)
TABLE 61 UK WiGig market by application, 2014 - 2024 (USD Million)
TABLE 62 Asia Pacific WiGig market by type, 2014 - 2024 (USD Million)
TABLE 63 Asia Pacific WiGig market by product, 2014 - 2024 (USD Million)
TABLE 66 Asia Pacific WiGig market by end use, 2014 - 2024 (USD Million)
TABLE 67 Asia Pacific WiGig market by application, 2014 - 2024 (USD Million)
TABLE 68 China WiGig market by type, 2014 - 2024 (USD Million)
TABLE 69 China WiGig market by product, 2014 - 2024 (USD Million)
TABLE 72 China WiGig market by end-use, 2014 - 2024 (USD Million)
TABLE 73 China WiGig market by application, 2014 - 2024 (USD Million)
TABLE 74 India WiGig market by type, 2014 - 2024 (USD Million)
TABLE 75 India WiGig market by product, 2014 - 2024 (USD Million)
TABLE 78 India WiGig market by end-use, 2014 - 2024 (USD Million)
TABLE 79 India WiGig market by application, 2014 - 2024 (USD Million)
TABLE 80 Japan WiGig market by type, 2014 - 2024 (USD Million)
TABLE 81 Japan WiGig market by product, 2014 - 2024 (USD Million)
TABLE 84 Japan WiGig market by end-use, 2014 - 2024 (USD Million)
TABLE 85 Japan WiGig market by application, 2014 - 2024 (USD Million)
TABLE 86 Latin America WiGig market by type, 2014 - 2024 (USD Million)
TABLE 87 Latin America WiGig market by product, 2014 - 2024 (USD Million)
TABLE 90 Latin America WiGig market by end-use, 2014 - 2024 (USD Million)
TABLE 91 Latin America WiGig market by application, 2014 - 2024 (USD Million)
TABLE 92 Brazil WiGig market by type, 2014 - 2024 (USD Million)
TABLE 93 Brazil WiGig market by product, 2014 - 2024 (USD Million)
TABLE 96 Brazil WiGig market by end-use, 2014 - 2024 (USD Million)
TABLE 97 Brazil WiGig market by application, 2014 - 2024 (USD Million)
TABLE 98 Mexico WiGig market by type, 2014 - 2024 (USD Million)
TABLE 99 Mexico WiGig market by product, 2014 - 2024 (USD Million)
TABLE 102 Mexico WiGig market by end-use, 2014 - 2024 (USD Million)
TABLE 103 Mexico WiGig market by application, 2014 - 2024 (USD Million)
TABLE 104 MEA WiGig market by type, 2014 - 2024 (USD Million)
TABLE 105 MEA WiGig market by product, 2014 - 2024 (USD Million)
TABLE 108 MEA WiGig market by end-use, 2014 - 2024 (USD Million)
TABLE 109 MEA WiGig market by application, 2014 - 2024 (USD Million)