[160 Pages Report] Wireless Gigabit Market categorizes global market by Product (Display Devices & Network Infrastructure Devices), by Technology (System-on-Chip (SoC) & Integrated Circuit Chips (IC)), by Application and by Geography.
Pune, India -- (SBWIRE) -- 06/15/2016 -- The wireless gigabit market is estimated to grow from USD 0.30 Billion in 2015 to USD 2.73 Billion by 2022, at a CAGR of 32.9% between 2016 and 2022. The report aims at estimating the size and future growth potential of the market across different segments such as product, technology, application, and geography. The base year considered for the study is 2015, and the market size is forecasted between 2016 and 2022.
Browse 73 market data tables with 71 figures spread through 160 pages and in-depth TOC on "Wireless Gigabit Market - Global Forecasts to 2022"
Download PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=812
Early buyers will receive 10% customization on reports.
Growing demand for large screen displays with higher resolutions
The smartphones have shown explosive growth across geographies driving the wireless gigabit market. Smartphone by usage is specified to support wireless connectivity. This has driven the need for the integration of wireless chipsets complementing the cellular connectivity. This increased demand for connectivity and the need for higher data speeds have been pushing the industry to adopt more advanced technologies such as IEEE 802.11ad standards to be integrated into smartphones.
System-on-chip (SoC- based WiGig products play a key role in the wireless gigabit market
The demand for more compact and easy-to-carry devices has certainly boosted the market for SoC--based products. The smartphones market picked up the momentum in the WiGig market for SoC-based products and accommodated the needs of users. The price of WiGig-based SoCs has turned down significantly and is one of the major factors driving the global WiGig SoC market. On the other hand, the market for adapters and backhaul stations has recorded a substantial market size between 2016 and 2022.
APAC region is expected to contribute the largest market share and is likely to grow at the highest rate
Emerging economies of the APAC region are positioned for higher growth with consumer electronics manufacturers entering into these markets with cost-effective devices. The major factors for the growth of the wireless gigabit market in the APAC region are the increasing penetration of Internet -enabled devices and also the technological advancements taking place due to APAC being a manufacturing hub.
Some of the major manufacturers of wireless gigabit products are Samsung Electronics Co., Ltd, (South Korea), Panasonic Corp. (Japan), NEC Corp. (Japan), AzureWave (Taiwan), and MediaTek (Taiwan) among others.
A detailed analysis of the key industry players has been done to provide insights into their business overview, products, and services, key strategies, new product launches, and recent developments related to the wireless gigabit market.
MarketsandMarkets is the world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India