The WiGig Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the WiGig Market?
The WiGig market has seen significant growth over recent years. The market size is projected to expand from $5.05 billion in 2024 to $6.37 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 26.3%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the WiGig Industry?
The WiGig market is anticipated to grow significantly, reaching a market size of $17.73 billion in 2029. This growth represents a compound annual growth rate (CAGR) of 29.1%.
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What are the Key Growth Drivers Fueling the WiGig Market?
The key drivers in the wigig market are:
• Deployment of 5G networks globally
• Rising adoption of Internet of Things (IoT) devices
• Increased demand for high-performance wireless connectivity in automotive applications
• Expansion of smart city initiatives and low-latency communication needs
Global Market Segmentation: Identifying Major WiGig Industry Segments
The WiGig market covered in this report is segmented –
1) By Product: Display Devices, Network Infrastructure Devices
2) By Technology Type: System-On-Chip (SoC), Integrated Circuit Chip (IC)
3) By Enterprise Size: Large Enterprises, Small And Medium-sized Enterprises
4) By End Use Industry: BFSI (Banking, Financial Services, And Insurance), Healthcare, IT And Telecom, Retail, Media And Entertainment, Other End Use Industries
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What are the Emerging Trends Shaping the Future of the WiGig Market?
The key trends in the wigig market are:
• Advanced modulation techniques development is a significant upcoming trend in the WiGig market.
• There's an increased focus on millimeter-wave communication shaping the market.
• Integration of WiGig in enterprise networking solutions is an emerging trend.
• Rising demand for WiGig in gaming and entertainment, and the emergence of new form factors and devices supporting WiGig are shaping the future of the market.
Who Are the Top Competitors & Leading Players in the WiGig Market?
The major players in the wigig market are:
• Samsung Electronics Co
Regional Dominance: Which Area Leads the Global WiGig Market?
North America was the largest region in the WiGig market in 2024
