Wireless Gigabit

Wireless Gigabit

Global Wireless Gigabit Market to Reach $5.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Wireless Gigabit estimated at US$799.7 Million in the year 2020, is projected to reach a revised size of US$5.1 Billion by 2027, growing at aCAGR of 30.1% over the period 2020-2027. Display Devices, one of the segments analyzed in the report, is projected to record 31.1% CAGR and reach US$3.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Network Infrastructure Devices segment is readjusted to a revised 28.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $240.3 Million, While China is Forecast to Grow at 29.2% CAGR

The Wireless Gigabit market in the U.S. is estimated at US$240.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$861.3 Million by the year 2027 trailing a CAGR of 29.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.2% and 25.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 21.1% CAGR.We bring years of research experience to this 6th edition of our report. The 174-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

• AzureWave Technologies, Inc.
• Blu Wireless Technology, Ltd.
• Broadcom Ltd.
• Cisco Systems, Inc.
• Intel Corporation
• Marvell Technology Group Ltd.
• Mediatek, Inc.
• NEC Corporation
• NVIDIA Corporation
• Panasonic Corporation
• Qualcomm Atheros, Inc.

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