Wireless Gigabit Market Competitive Approach, Fundamental Trends and Investment up to 2024
by navdeep kaurav Research Analyst
Increasing demand for high-speed internet, growing bring-your-own-device (BYOD) trend in enterprises, and rising spending on IT infrastructure are some of the key factors driving the growth of the wireless gigabit market across the globe.
Wireless gigabit is a wireless communication technology that supports minimum one gigabit per second data transfer over the 60 GHz frequency band. Based on type, the wireless gigabit market has been bifurcated into 802.11ac and 802.11ad, wherein the 802.11ac category held the larger market share in 2018, owing to its higher demand driven by its increased throughput at frequencies under 2.4 GHz and 5 GHz bands. However, due to higher data throughput and lower latency in the 60 GHz band, the 802.11ad category is expected to witness higher growth during the forecast period 2019–2024.
The growing adoption of the BYOD policy in enterprises is driving the wireless gigabit market globally. With the growing demand for mobility solutions at the workplace, numerous enterprises have started implementing the BYOD policy. The policy enables employees to carry their own devices, such as laptops, smartphones, and tablets, to the workplace and use them with enterprise mobility applications to easily access corporate data and networks. Enterprises can reap benefits by implementing the policy, as it helps improve productivity and reduce IT setup costs.
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Furthermore, in September 2017, Intel Corporation launched Tri-Band Wireless-AC 18260, which delivers high-speed 60 GHz WiGig (802.11ad) wireless docking connectivity for mobile client devices (2-in-1 tablets and laptops) with up to 4.7 Gbps of bidirectional throughput. The device supports Intel-only features, including Intel wireless gigabit docking, Intel wireless display, and Intel vPro technology.
Some of the other key players operating in the global wireless gigabit market are NEC Corporation, Broadcom Inc., Cisco Systems Inc, NVIDIA Corporation, MediaTek Group, AzureWave Technologies, Panasonic Corporation, Samsung Electric Co. Ltd., and Marvell Technology Group Ltd. Among all players, Qualcomm Inc.
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Created on Oct 10th 2019 04:03. Viewed 236 times.
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