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, growing at a compound annual growth rate (CAGR) of 25.4% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 44.62 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
25.40%
2032 Value Projection:
USD 217.58 Bn
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 61Hz
57 GHz toHz
61 GHz to 63Hz
65 GHz to 71Hz
63 GHz to 65Hz
Protocol Insights (Revenue, USD Bn, 2020 - 2032)
IEEE0211ad
IEEE0211ay
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
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global Wireless Gigabit Market, By Channel
Global Wireless Gigabit Market, By Protocol
Global Wireless Gigabit Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends
4. Global Wireless Gigabit Market, By Channel, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
59 GHz to 61 GHz
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
57 GHz to GHz
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
61 GHz to 63 GHz
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
65 GHz to 71 GHz
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
63 GHz to 65 GHz
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
5. Global Wireless Gigabit Market, By Protocol, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
IEEE 802.11ad
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
IEEE 802.11ay
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Global Wireless Gigabit Market, By Region, 2020 - 2032, Value (USD Bn)