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WiGig Market Size, Value And Growth Trajectory Through 2030
The wigig market has experienced significant growth in recent years. It is forecast to expand from $6.34 billion in 2025 to $8.16 billion in 2026, demonstrating a compound annual growth rate (CAGR) of 28.7%. The historical growth can be attributed to several factors including the rise in high definition media consumption, increasing demand for wireless peripherals, the expansion of enterprise networking needs, greater use of wireless displays, and the necessity for high-speed short-range communication.
Significant expansion is anticipated for the wigig market size in the near future. It is forecast to reach $22.69 billion in 2030, exhibiting a compound annual growth rate (CAGR) of 29.1%. This expansion during the forecast period is propelled by factors such as the rise of VR and AR applications, the growing embrace of wireless workspaces, the need for extremely fast connectivity, the broadening of data-intensive enterprise settings, and the incorporation of new wireless standards. Key developments expected during this period involve multi-gigabit wireless data transmission, low-latency wireless connections, innovative wireless docking solutions, the utilization of high-frequency millimeter waves, and short-range, high-bandwidth communication.
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WiGig Market Growth Drivers: What’s Behind The Acceleration?
The increasing need for high-speed internet is projected to drive the expansion of the WiGig market in the future. High-speed internet denotes internet connections offering quicker download and upload capabilities compared to conventional internet services. 5G, the fifth generation of wireless technology, stands out for its superior internet speeds and its capacity to transmit data more rapidly than previous generations such as 4G or LTE. WiGig is engineered to deliver fast internet connectivity, capable of boosting existing wireless internet speeds to as much as 8 Gbps. This technology facilitates advanced wireless data, display, and audio uses, allowing devices to interact wirelessly at multi-gigabit speeds. An example illustrating this trend is provided by the UK Parliament’s House of Commons Library, a UK-based government body, which reported in July 2023 that, as of January 2023, 72% of locations in the UK possessed gigabit-capable broadband access, an increase from 64% in January 2022. Consequently, the escalating demand for high-speed internet is fueling the expansion of the WiGig market.
WiGig Market Segment Trends And Revenue Contributors
The wigig market covered in this report is segmented –
1) By Product: Display Devices, Network Infrastructure Devices
2) By Technology Type: System-On-Chip (SoC), Integrated Circuit Chip (IC)
3) By Enterprise Size: Large Enterprises, Small And Medium-sized Enterprises
4) By End Use Industry: BFSI (Banking, Financial Services, And Insurance), Healthcare, IT And Telecom, Retail, Media And Entertainment, Other End Use Industries
Subsegments:
1) By Display Devices: Wireless Monitors, Wireless Projectors, Virtual Reality Headsets
2) By Network Infrastructure Devices: Routers, Access Points, Adapters, Gateways
WiGig Market Trends: What’s Defining The Industry’s Next Phase?
Leading companies in the WiGig market are concentrating on developing innovative products like ultra-fast gigabit antennas to better satisfy the demands of their existing customers. Ultra-fast gigabit antennas are designed for sending and receiving data at gigabit speeds, meaning at least 1 gigabit per second (Gbps). These antennas are often used to ensure rapid data transfer between devices in wireless communication systems, such as Wi-Fi networks and cell phone networks. For instance, in August 2023, Pasternack Enterprises, Inc., a US-based provider of cable assemblies, connectors, adapters, and amplifiers, launched an innovative range of Wi-Fi 6E antennas. This new product line sets a higher standard in wireless communication, promising to boost network performance and dependability to unprecedented levels. The Wi-Fi 6E antenna line offers a wealth of new features and benefits. They guarantee unmatched availability with same-day shipping and no minimum order amounts. In terms of performance, these antennas utilize the most current Wi-Fi 6E frequency bands, facilitating lightning-fast gigabit transfers and maximum compatibility. Wi-Fi 6E antennas are built to withstand harsh weather conditions, providing excellent wind resistance. Moreover, these antennas enable high-speed transmissions and heavy-duty connectivity with optimal efficiency.
WiGig Market Competitive Landscape: Which Companies Lead The Industry?
Major companies operating in the wigig market are Samsung Electronics Co. Ltd.; Intel Corporation; Qualcomm Technologies Inc.; Broadcom Inc.; NXP Semiconductors N.V.; Marvell Technology Inc.; Lattice Semiconductor Corporation; InterDigital Inc.; AzureWave Technologies Inc.; DisplayLink Corp.; Siklu Communication Ltd.; Peraso Technologies Inc.; Blu Wireless Technology Limited; Sivers Semiconductors AB; Tensorcom Inc.; Laird PLC; Movandi Corporation; MediaTek Inc.; Huawei Technologies Co. Ltd.; Realtek Semiconductor Corp.; Panasonic Corporation; Lenovo Group Ltd.; Dell Inc.; Microsoft Corporation; Cisco Systems Inc.
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WiGig Market Top Region: Where Does Most Revenue Come From?
North America was the largest region in the WiGig market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wigig market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
