How big is the WiGig Market?

The WiGig Market size is expected to reach USD 27.73 million in 2024 and grow at a CAGR of 27.96% to reach USD 95.14 million by 2029. Read More

What is the current WiGig Market size?

In 2024, the WiGig Market size is expected to reach USD 27.73 million. Read More

Which is the fastest growing region in WiGig Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in WiGig Market?

In 2024, the North America accounts for the largest market share in WiGig Market. Read More

What years does this WiGig Market cover, and what was the market size in 2023?

In 2023, the WiGig Market size was estimated at USD 19.98 million. The report covers the WiGig Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the WiGig Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

WiGig Market Size & Share Analysis - Industry Research Report

WiGig Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Wireless Gigabit (WiGig) Market is Segmented by Product (Display Devices and Network Infrastructure Devices), Application (Gaming and Multimedia and Networking), and Geography (North America, Europe, Asia-Pacific, and the Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

WiGig Industry Overview

The WiGig market is fragmented due to the presence of both global players and small and medium-sized enterprises. Some of the major players in the market are Panasonic Corporation, Qualcomm Technologies Inc., Intel Corporation, Broadcom Inc., and Peraso Technologies Inc. Players in the market are adopting strategies such as partnerships, innovations, and acquisitions to enhance their product offerings and gain sustainable competitive advantage. For instance,

In April 2024, Panasonic System Networks R&D Lab. Co. Ltd adopted Peraso's X710 chipset for its new 60 GHz WLAN solution. Incorporating Peraso's phased array antenna technology, PSNRD's newly introduced 60 GHz WLAN solution achieves wireless high-speed, low-latency communication equivalent to wired LAN over distances of hundreds of meters. The new solution is easy to install and operate, has interference-free use of the 60 GHz band, and has narrow beam directional antenna control.
In September 2023, Peraso, one of the prominent players in mmWave technology for 60 GHz license-free and 5G licensed networks, announced the release of the PRM2144X in the PERSPECTUS series featuring long-range, outdoor applications. Utilizing the Peraso X720 60 GHz chipset, the PRM2144X is designed for dense urban areas.