Gigabit technology is also referred as Gi-Fi technology. It is a wireless technology that allows wireless audio and video data transfer at up to 5 gigabits per second. Gi-Fi is a wireless transmission system that is ten times faster than other technologies such as Wi-Fi, and its chip provides local multigigabit data transfer over short distances. This technology is faster than traditional transfer technologies such as cables, Bluetooth, and Wi-Fi. Gi-Fi is supported by a wide range of devices, including mobile phones, laptop computers, Personal Digital Assistants (PDAs), fax machines, printers, network termination units, internal radio modules, and network interface cards. Gi-Fi technology is expected to replace traditional wireless transfer technologies around the world in the coming years.
The high speed data transfer, low power consumption, and quick deployment is expected to increase the global Gi-Fi technology market.
The global Gi-Fi technology market is primarily driven by the high speed data transfer offered by Gi-Fi, which is nearly ten times faster than conventional wireless transfer technologies. This market is also driven by increased awareness of Gi- Fi’s technology specifications such as low power consumption, quick deployment, and low device manufacturing costs. For instance, an entire High-Definition (HD) movie can be transferred to a mobile phone in a fraction of minutes, and the phone then can upload the movie at the same rate to a home computer or screen. Gi-Fi technology is based on IEEE 802.15.3C, which provides more security by allowing optional security at the link and service levels, where the data is transferred by protocol links such as Ethernet etc. It has long been used by the intelligence community for high-security communications, as well as by the military for satellite-to-satellite communications.
North America and Europe are the world's most important regional Gi-Fi technology markets owing to the early adoption of technologies and the availability of superior technological infrastructure. For instance, in America there are large number of leading Gi-Fi services providers such as Xfinity Internet, a subsidiary of Comcast Corporation which is an American telecommunications conglomerate headquartered in Philadelphia, Pennsylvania. It is the second-largest broadcasting and cable television company in the world. Thus, the presence of key companies in North America is likely to dominate the market in the future. Moreover, the increasing expansion of leading companies such as Samsung Electric, AzureWave Technologies etc.in Asian economies is expected to provide lucrative opportunities for the growth of Gi-Fi technology markets.
Global Gi-Fi Technology Market Taxonomy
Based on product type, the global Gi-Fi technology market is segmented into:
- Display Devices
- Network Infrastructure Devices
Based on technology type, the global Gi-Fi technology market is segmented into:
- System on Chip
- Integrated Circuit Chip
Based on application type, the global Gi-Fi technology market is segmented into:
- Consumer Electronics
Based on region type, the global Gi-Fi technology market is segmented into:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Major companies operating in the global Gi-Fi technology market are Samsung Electric, Intel, Qualcomm Atheors, Cisco Systems, Broadcom, Marvell Technology, Panasonic, AzureWave Technologies, NEC, Nvidia, and Broadcom.