Wireless technology is in vogue at present. People have a huge preference for wireless devices because of its speed and convenience. The most recent innovation in wireless technology is Wireless Gigabit or WiGig. In simple terms WiGig is a wireless technology which operates in a wireless platform over the bandwidth of 60 Hz or more. WiGig is thus designed so as to facilitate faster communication and rapid data transmission. It also possesses more speed than WiFi.
WiGig also ensures high level security and accuracy in data transfer. The current market for WiGig technology is at an introductory phase and the dubbed WiGig is due to be launched in products next year. It will enable users to connect their mobiles and computers without wires.
The WiGig market is at a nascent stage. This market at present is driven by certain influences like rapid technological innovation in the field of communications and the need for more secure communications. WiGig is expected to revolutionize the communications market. It is expected that WiGig will speed up the current WiFi system almost 10 times.
The major holdback of the WiGig market is the technological constraint. The current WiGig market is estimated to run on frequencies over 60Hz; at present 2.4 to 5 GHz frequencies are used in current WiFi products. This will require the upgrade of the presently used wireless communication interfaces.
The major opportunity in the WiGig market is the advent of more sophisticated communication devices like ultrabooks, tablets, highly advanced smart phones etc. These devices require instantaneous synchronization and data sharing and WiGig has the potential of serving these devices.
The overall WiGig market can be segmented on the basis of types of products in which WiGig is used and the various applications of WiGig. The WiGig enabled products can be classified as communication devices i.e. mobile phones, computers, docking stations, tablets and others, consumer electronics such as TVs and digital cameras and networking devices. On the basis of applications the WiGig market is classified as wireless docking systems, wireless display systems and wireless backup via synchronization systems.
The major players in the WiGig market at present are, Nitero, Wilocity, Blu Wireless technology, Cisco, Nvidia and NEC Corporation. Since this technology is at its introductory phase, the domestic players do not have much of a role to play. The other players in the global WiGig market are Silicon image, Qualcomm Atheros, Azurewave, Broadcom etc.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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