The global WiGig market size reached USD 3.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 13.3 Billion by 2033, exhibiting a growth rate (CAGR) of 14.6% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
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USD 3.7 Billion |
Market Forecast in 2033
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USD 13.3 Billion |
Market Growth Rate 2025-2033 | 14.6% |
WiGig refers to a wireless technology used in a wide range of devices, such as handheld equipment and consumer electronics, for short-range, high-speed transmission. It offers the benefits of expanded capacity and focused communication between devices to reduce interference in crowded environments. Moreover, it allows Wi-Fi devices to access the uncongested frequency band with wide channels and transmit data efficiently at a multi-gigabit (GB) per second speed. As a result, it is currently being used in gaming, multimedia streaming, personal computer (PC) docking, general-purpose networking, file transferring, and enterprise applications requiring high speed, data-intensive connections worldwide.
Public Wi-Fi helps achieve various smart city objectives, which include bridging the digital divide, enabling internet of things (IoT) based city services, and providing amenities for residents, students, visitors, and tourists. This, in confluence with rising investments in smart city developments by governing agencies of numerous countries, represents one of the key factors impelling the market growth. Apart from this, WiGig devices are utilized in different businesses for enabling employees to complete work from a multitude of devices without the hassle of a wired connection. They are also utilized for efficient in-office networking, transferring large files, running bandwidth-heavy applications seamlessly, and projecting graphics and audio to a large screen in a conference room or auditorium with very low latency. Furthermore, WiGig products find usage in convenient public kiosk services and wireless docking between devices like smartphones, laptops, projectors, and tablets. They are also widely being adopted for fast download of high definition (HD) movies, simultaneous streaming of multiple, ultra-HD videos, and immersive gaming, augmented reality (AR), and virtual reality (VR) experiences. This, coupled with increasing consumer spending on digital media, is contributing to the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global WiGig market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on product, protocol, technology type, enterprise size and end use industry.
Breakup by Product:
Breakup by Protocol:
Breakup by Technology Type:
Breakup by Enterprise Size:
Breakup by End Use Industry:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Blu Wireless, Broadcom Inc., Cisco Systems Inc., Intel Corporation, Marvell Technology Inc., NXP Semiconductors N.V., Panasonic Corporation, Peraso Technologies Inc., Qualcomm Technologies Inc., Samsung Electronics Co. Ltd., Sivers Semiconductors AB and Tensorcom Inc.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Product, Protocol, Technology Type, Enterprise Size, End Use Industry, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Blu Wireless, Broadcom Inc., Cisco Systems Inc., Intel Corporation, Marvell Technology Inc., NXP Semiconductors N.V., Panasonic Corporation, Peraso Technologies Inc., Qualcomm Technologies Inc., Samsung Electronics Co. Ltd., Sivers Semiconductors AB and Tensorcom Inc. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global WiGig market was valued at USD 3.7 Billion in 2024.
We expect the global WiGig market to exhibit a CAGR of 14.6% during 2025-2033.
The rising adoption of WiGig for general-purpose networking, Personal Computer (PC) docking, gaming, multimedia streaming, file transferring, and various enterprise applications, is primarily driving the global WiGig market.
The sudden outbreak of the COVID-19 pandemic had led to the limitation on executing various allocated tasks, such as delivering large files, running bandwidth applications, and projecting graphics and audio to a large screen, during remote scenario, thereby negatively impacting the global market for WiGig.
Based on the product, the global WiGig market has been segmented into networking devices and consumer electronics. Currently, consumer electronics hold the majority of the total market share.
Based on the protocol, the global WiGig market can be divided into 802.11ac and 802.11ad, where 802.11ac exhibits a clear dominance in the market.
Based on the enterprise size, the global WiGig market has been categorized into small and medium-sized enterprises and large enterprises. Currently, large enterprises account for the largest market share.
Based on the end use industry, the global WiGig market can be segregated into BFSI, healthcare, IT and telecom, retail, media and entertainment, and others. Among these, the IT and telecom industry holds the majority of the global market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global WiGig market include Blu Wireless, Broadcom Inc., Cisco Systems Inc., Intel Corporation, Marvell Technology Inc., NXP Semiconductors N.V., Panasonic Corporation, Peraso Technologies Inc., Qualcomm Technologies Inc., Samsung Electronics Co. Ltd., Sivers Semiconductors AB, and Tensorcom Inc.