Gi-Fi Technology Market: Introduction
With constantly changing dynamics, the global Gi-Fi technology market has been registering a significant upsurge in its market valuation. Gigabit technology is commonly known as Gi-Fi technology. It is a wireless technology, which allows a wireless transfer of data at 5 gigabits per second. The Gi-Fi technology works with in a range of 10 meters and operates at a frequency range of 57-64GHz unlicensed frequency band. Gi-Fi is supported across a number of devices, such as smartphones, laptops, fax, printers, internal radio modules, network termination units, and network interface cards. This technology is relatively faster than conventional transfer technologies, such as cables, Bluetooth, and Wi-Fi. Over the coming years, Gi-Fi technology is expected to replace the conventional wireless transfer technologies across the world.
In this research report, the global Gi-Fi technology market has been thoroughly analyzed, using qualitative and quantitative assessment technique. The report evaluates the key trends and the main segments of this market and, based on the results, estimates its performance over the period from 2019 to 2027. It also provides an assessment of each of the regional Gi-Fi technology market across the world.
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Gi-Fi Technology Market: Notable Development
- Virgin Media is in process to try and test the usage of wireless radio signals. With this, it hopes to assist in connecting homes in a U.K. village to gigabit speeds and TV services over full fiber.
Samsung Electric, Intel, Qualcomm Atheors, Cisco Systems, Broadcom, Marvell Technology, Panasonic, AzureWave Technologies, NEC, Nvidia, and Broadcom are some of the leading providers of Gi-Fi across the world. These players have been focusing on incorporating the latest technologies in their products to remain competitive in this market. Over the coming years, they are likely to involve more in mergers, acquisitions, and strategic partnerships to strengthen their position. They are also projected to shift their focus towards regional expansion to increase their reach across the world.
Gi-Fi Technology Market: Dynamics
The global Gi-Fi technology market is mainly driven by the high speed data transfer Gi-Fi offers, which is almost ten times faster than the conventional wireless transfer technologies. This market is also boosted by the rising awareness about various properties of Gi-Fi, such as low power consumption, quick deployment, and little cost incurred in the manufacturing of devices. However, low area coverage in comparison to wi-Fi technology and the dearth of skilled professionals, who can deploy the Gi-Fi technology can act as a hinderance to Gi-Fi technology market in the near future.
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North America and Europe to Continue to Lead
In terms of the region, the global Gi-Fi technology market is classified into North America, Latin America, Europe, Asia Pacific excluding Japan, Japan, and the Middle East and Africa. North America and Europe are the most prominent regional Gi-Fi technology markets across the world. The early adoption of technologies and the availability of a superior technological infrastructure are the main factor behind the supremacy of these regional Gi-Fi technology markets. With the presence of a large pool of leading Gi-Fi services providers, these regional markets are likely to remain on the top over the next few years.
On the other hand, the Gi-Fi technology markets in Asia Pacific excluding Japan (APEJ) and Japan are demonstrating a high potential for growth. The increasing expansion of leading companies in Asia economies are expected to offer lucrative opportunities for growth of these regional Gi-Fi technology markets in the near future. The Gi-Fi technology markets in Latin America and Middle East and Africa are also anticipated to report a positive growth in the years to come.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.