Global WiGig Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Display Devices and Network Infrastructure Devices.

By Application;

Gaming & Multimedia, Networking and Other Applications.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn579292956 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global WiGig Market (USD Million), 2021 - 2031

In the year 2024, the Global WiGig Market was valued at USD 41,543.69 million. The size of this market is expected to increase to USD 255,117.41 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 29.6%.

The global WiGig market represents a frontier in high-speed wireless communication technology, offering ultra-fast data transmission rates and low-latency connectivity for a variety of applications. WiGig, short for Wireless Gigabit, operates in the 60 GHz frequency band and is designed to complement traditional Wi-Fi networks by delivering multi-gigabit data transfer speeds over short distances. This technology holds immense promise for enabling a range of next-generation wireless applications, from high-definition video streaming and virtual reality (VR) gaming to wireless docking and augmented reality (AR) experiences. With its ability to support bandwidth-intensive tasks and reduce network congestion, WiGig emerges as a transformative solution for industries and consumers alike seeking faster and more reliable wireless connectivity.

One of the key drivers propelling the growth of the global WiGig market is the increasing demand for high-bandwidth applications and devices that require ultra-fast data transfer speeds. As the proliferation of 4K and 8K video content, VR gaming consoles, and AR headsets continues to expand, traditional Wi-Fi networks face limitations in delivering the performance required to support these bandwidth-intensive applications. WiGig technology addresses this need by providing multi-gigabit data rates, enabling seamless streaming of high-definition multimedia content and immersive gaming experiences without the constraints of wired connections. The low-latency nature of WiGig communication enhances the responsiveness and interactivity of real-time applications, further driving its adoption across diverse industries and consumer segments.

The versatility of WiGig technology extends beyond consumer electronics to encompass a wide range of industrial and commercial applications, fueling its adoption across various sectors such as healthcare, automotive, manufacturing, and telecommunications. In healthcare, for instance, WiGig-enabled medical devices and equipment facilitate high-resolution imaging, remote patient monitoring, and real-time telemedicine applications, enhancing the quality of healthcare delivery and patient outcomes. In automotive applications, WiGig supports high-speed data communication for advanced driver assistance systems (ADAS), vehicle-to-vehicle (V2V) communication, and in-car entertainment systems, paving the way for safer and more connected driving experiences. With its exceptional speed, reliability, and versatility, WiGig technology is poised to revolutionize wireless communication across industries, driving innovation and unlocking new possibilities for connectivity in the digital age.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global WiGig Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. High-bandwidth demands
        2. Ultra-fast data
        3. Next-gen applications
      2. Restraints
        1. Spectrum Constraints
        2. Interference Challenges
        3. Range Limitations
      3. Opportunities
        1. High Bandwidth
        2. Low Latency
        3. Immersive Experiences
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global WiGig Market, By Product, 2021 - 2031 (USD Million)
      1. Display Devices
      2. Network Infrastructure Devices
    2. Global WiGig Market, By Application, 2021 - 2031 (USD Million)
      1. Gaming and Multimedia
      2. Networking
      3. Other Applications
    3. Global WiGig Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. HP Development Company L.P.
      2. Panasonic Corporation
      3. Lenovo Group Limited
      4. Qualcomm Technologies Inc.
      5. Dell Technologies Inc.
      6. Intel Corporation
      7. Cisco Systems Inc.
      8. Broadcom Inc.
      9. Sivers Ima Holding AB
      10. Peraso Technologies Inc.
      11. Tensorcom Inc.
  7. Analyst Views
  8. Future Outlook of the Market