Menu ×

IT & TELECOM

Gigabit WiFi Market : Global Demand Analysis & Opportunity Outlook 2021

  • Report ID: 54
  • Text Size:

Extensive insights into the Growth of Gigabit WiFi Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

Read More

Overview

With growing technology revolution, the world has witnessed up-surged inventions in smart technologies and devices over previous few years. Evolution of Gigabit Wi-Fi is also a result of this technological transformation. Gigabit Wi-Fi delivers the benefits of higher internet browsing speeds over traditional wireless networks.

The global gigabit Wi-Fi market is envisioned to escalate from USD 270 Million in 2015 to USD 10,540 Million in 2021, registering a compound annual growth rate (CAGR) of 84.1%. Geographically, the global gigabit Wi-Fi market is segmented into North America, Latin America, Western and Eastern Europe, Asia-Pacific, Middle East and North Africa (MENA) and Rest of World.

Market Size and Forecast

North America gigabit Wi-Fi market is expected to witness a surge in coming 4-5 years sparked by strong network of telecommunication in the region. The U.S. is expected to be the largest gigabit Wi-Fi market in North America followed by Canada.

Europe gigabit Wi-Fi market is likely to foster from increasing investment in   development of high speed wireless networking devices in the region.

Asia-Pacific gigabit Wi-Fi market is anticipated to have the highest growth over next 5-6 years. The market in the region is expected to bolster from increasing penetration of internet and rising disposable incomes of some of the major countries including India and China. CLICK TO DOWNLOAD FREE SAMPLE

Market Segmentation

By End Users

The global gigabit Wi-Fi market is segmented based on end users into :

  • IT/ITeS
  • Education
  • Healthcare
  • BFSI
  • Defense
  • Manufacturing
  • Oil & Gas
  • Transportation & Logistics
  • Others

By Type

On the basis of types the global gigabit Wi-Fi market is divided into

  • Network Infrastructure
  • Consumer Electronics device

By Applications

Based on applications, the global gigabit Wi-Fi market is segmented as

  • Wireless Docking
  • Internet Access and Data Sharing,
  • Wireless Displays
  • Video Streaming and Backup via Synchronization.

The study further analysis the Y-O-Y Growth, demand & supply and forecast future opportunity in North America (United States, Canada), Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa).

Growth Drivers and challenges

Escalating demand for high speed internet coupled with rising tech savvy generation is believed to spark the growth of global gigabit Wi-Fi market over the forecast period i.e. 2015-2021.

In addition to that, rising expansion of IT companies which require data sharing at higher speeds is also expected to drive the global gigabit Wi-Fi market in future.

However, high investment costs along with various technological constraints are anticipated to hamper the growth of global gigabit Wi-Fi market during 2015-2021.

Key Players

Global gigabit Wi-Fi market is very competitive and includes some of the top players such as:

  • Agilent Technologies
  • Intel
  • Broadcom
  • Cisco
  • Dell Inc.
  • Marvell Technology
  • NEC Corp.
  • Microsoft Corp.
  • Panasonic Corp.
  • Nvidia Corp.
  • Rohde & Schwarz
  • Qualcomm Atheros
  • Others

 


Related Reports


Disclaimer | Privacy Policy | Terms & Conditions

Copyright © 2020 Research Nester. All Rights Reserved