Global WiGig Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

802.11ad and 802.11ay

By Product;

Display Devices and Network Infrastructure Devices

By Technology;

Integrated Circuit Chips (IC) and System-On-Chip (SoC)

By Application;

Gaming & Multimedia, Networking, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn579292956 Published Date: May, 2025 Updated Date: June, 2025

WiGig Market Overview

WiGig Market (USD Million)

WiGig Market was valued at USD 41,543.69 million in the year 2024. The size of this market is expected to increase to USD 255,117.41 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 29.6%.


Global WiGig Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 29.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)29.6 %
Market Size (2024)USD 41,543.69 Million
Market Size (2031)USD 255,117.41 Million
Market ConcentrationLow
Report Pages315
41,543.69
2024
255,117.41
2031

Major Players

  • HP Development Company L.P.
  • Panasonic Corporation
  • Lenovo Group Limited
  • Qualcomm Technologies Inc.
  • Dell Technologies Inc.
  • Intel Corporation
  • Cisco Systems Inc.
  • Broadcom Inc.
  • Sivers Ima Holding AB
  • Peraso Technologies Inc.
  • Tensorcom Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global WiGig Market

Fragmented - Highly competitive market without dominant players


The WiGig Market is rapidly evolving, driven by its ability to deliver exceptionally high wireless speeds using 60 GHz frequency bands, WiGig supports performance levels significantly beyond traditional Wi-Fi. Around 25% of new wireless hardware now incorporates WiGig, signaling growing momentum across connected ecosystems.

Demand Fueled by Data-Intensive Applications
Rising reliance on data-heavy applications like 4K streaming, augmented reality, and VR is pushing demand for low-latency, high-speed wireless solutions. Nearly 30% of immersive technology platforms are integrating WiGig to enable real-time performance and reduce buffering or lag, enhancing overall user engagement.

Adoption in Enterprise Networking Infrastructure
Organizations are recognizing the advantages of WiGig-enabled wireless networks for enhancing office productivity and minimizing clutter. Nearly 20% of business networks undergoing upgrades are adopting WiGig to improve speed and connectivity in high-traffic environments, particularly for tasks requiring large data transfers.

Innovation Driving Market Expansion
Continual progress in wireless chipset development and signal processing is expanding the practical utility of WiGig. With 40% of current wireless R&D efforts now dedicated to the 60 GHz spectrum, WiGig is shaping the future of next-generation wireless networks with superior speed and reliability.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Product
    3. Market Snapshot, By Technology
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. WiGig Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising demand for ultra-fast wireless connectivity
        2. Expansion of VR and AR applications
        3. Growth in high-definition content streaming
        4. Adoption in wireless docking and displays
      2. Restraints
        1. Short-range limitations of millimeter-wave signals
        2. High cost of compatible devices
        3. Interference with existing wireless networks
        4. Limited backward compatibility with legacy systems
      3. Opportunities
        1. Integration with 5G and IoT platforms
        2. Emerging enterprise and industrial use cases
        3. Development of WiGig-enabled smart gadgets
        4. Growth in wireless HD video transmission
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. WiGig Market, By Type, 2021 - 2031 (USD Million)
      1. 802.11ad
      2. 802.11ay
    2. WiGig Market, By Product, 2021 - 2031 (USD Million)
      1. Display Devices
      2. Network Infrastructure Devices
    3. WiGig Market, By Technology, 2021 - 2031 (USD Million)
      1. Integrated Circuit Chips (IC)
      2. System-On-Chip (SoC)
    4. WiGig Market, By Application, 2021 - 2031 (USD Million)
      1. Gaming and Multimedia
      2. Networking
      3. Others
    5. WiGig Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. HP Development Company L.P.
      2. Panasonic Corporation
      3. Lenovo Group Limited
      4. Qualcomm Technologies Inc.
      5. Dell Technologies Inc.
      6. Intel Corporation
      7. Cisco Systems Inc.
      8. Broadcom Inc.
      9. Sivers Ima Holding AB
      10. Peraso Technologies Inc.
      11. Tensorcom Inc.
  7. Analyst Views
  8. Future Outlook of the Market