Wireless Gigabit (WiGig) Market worth $10.53 Billion by 2019
MarketsandMarkets forecasts Wireless Gigabit market to grow from $269.9 million in 2014 to $10.53 billion in 2019.
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Wireless Gigabit (802.11ad) – WiGig market is emerging as one of the most promising standards, which enables high speed wireless data sharing at multi gigabit speeds. It provides several advantages including high speed data transfer up to the speed of 7 Gbps, provides a cable free environment and consumes less power, thus reducing cost to a greater extent. It also ensures utmost security and accuracy in transferring data, also supporting all three wireless frequency bands, to access existing Wi-Fi devices.
MarketsandMarkets has segmented the WiGig market by type of WiGig Enabled Products: Communication and Computing Devices, Consumer Electronic Devices, and Network Infrastructure devices; and by regions: North America (NA), Asia Pacific (APAC), Europe (EU), Middle East and Africa (MEA), and Latin America (LA).
MarketsandMarkets forecasts the Wireless Gigabit (WiGig) market to grow from $269.9 million in 2014 to $10.53 billion in 2019. This represents a compound annual growth rate (CAGR) of 111.2% from 2014 to 2019.