WIRELESS GIGABIT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)

The Global Wireless Gigabit Market is estimated to be valued at USD 44.62 Bn in 2025 and is expected to reach USD 217.58 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 25.4% from 2025 to 2032. The market has seen a lot of growth in recent years, resulting from the increasing demand for high-speed wireless connectivity across different industries. Wireless gigabit technology, also known as WiGig, operates in the 60 GHz frequency band and offers data rates up to 7 Gbps, enabling seamless streaming of high-definition video content, fast file transfers, and low-latency gaming experiences. The increasing deployment of 5G networks and the growing need for high-bandwidth applications in the enterprise and industrial sectors will add to the growth of the wireless gigabit market.

Market Dynamics

The global wireless gigabit market is influenced by several key drivers, restraints, and opportunities. The increasing demand for high-speed wireless connectivity in different industries such as consumer electronics, healthcare, automotive, and manufacturing is creating demand for the technology. The growing adoption of WiGig-enabled devices, such as smartphones, laptops, and smart home appliances, is also adding to market growth. However, the high cost of WiGig-enabled devices and the limited range of WiGig technology compared to other wireless standards like Wi-Fi are some of the challenges that the market will face. Still, technological advancements and the increasing demand for high-speed wireless connectivity will result in market growth in the coming years.

Key Features of the Study

• This report provides an in-depth analysis of the global wireless gigabit market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global wireless gigabit market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Qualcomm Technologies Inc., Intel Corporation, Broadcom Corporation, Peraso Technologies Inc., Sivers Semiconductors AB, STMicroelectronics, Tensorcom Inc., Fujikura Ltd., Blu Wireless, Pharrowtech, Analog Devices, Renesas Electronics Corporation, Murata Manufacturing Co. Ltd., Cisco Systems Inc., and Panasonic Corporation.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global wireless gigabit market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global wireless gigabit market.

Market Segmentation

•  Channel Insights (Revenue, USD Bn, 2020 - 2032)
  • 59 GHz to 61 GHz
  • 57 GHz to GHz
  • 61 GHz to 63 GHz
  • 65 GHz to 71 GHz
  • 63 GHz to 65 GHz
•  Protocol Insights (Revenue, USD Bn, 2020 - 2032)
  • IEEE 80211ad
  • IEEE 80211ay
• Regional Insights (Revenue, USD Bn, 2020 - 2032)
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
  • Qualcomm Technologies Inc.
  • Intel Corporation
  • Broadcom Corporation
  • Peraso Technologies Inc.
  • Sivers Semiconductors AB
  • STMicroelectronics
  • Tensorcom Inc.
  • Fujikura Ltd.
  • Blu Wireless
  • Pharrowtech
  • Analog Devices
  • Renesas Electronics Corporation
  • Murata Manufacturing Co. Ltd.
  • Cisco Systems Inc.
  • Panasonic Corporation