“Wireless Gigabit Market by Product (Display Devices & Network Infrastructure Devices), by Technology (System-on-Chip (SoC) & Integrated Circuit Chips (IC)), by Application and by Geography – Global Forecasts to 2022″
Display device products are expected to hold the largest market share and dominate the wireless gigabit market between 2016 and 2022. This segment is expected to dominate the global market by 2022.
With the increasing demand for lighter, thinner, and smaller consumer products, SoC has been vastly used since its development. All the devices in the current market from smartphones and tablets to backhaul stations and adapters are based on SoCs. The introduction of SoC was not just restricted to the integration of core functionalities but also to add functions that were initially used through cables or as external devices. It is an integration of chip and the software necessary depending on the end-user requirements.
The basic architecture of a SoC comprises both analog and digital elements and their relevant interfaces such as the central processing cores, DSP cores on chip bus I/O peripherals and embedded memory. The consumer electronics application is expected to dominate the wireless gigabit market and account for the largest market share during the forecast period. WiGig products are expected to gain traction in the next seven years due to the increasing demand for these products in different applications such as consumer, commercial, and networking.
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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.
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