The world is witnessing a significant rise in the adoption of various wireless communication standards to deal with network congestion. Heavy network congestion in the existing Wi-Fi dual bands of 2.4 GHz and 5 GHz is caused due to the surge in number of active internet users. WiGig market players are investing huge amounts to develop new standards of wireless communications, such as 60 GHz 802.11ad, to fight the growing congestion.
Also, the band of 60 GHz offers faster data transmission speed up to 7 Gbps and is an unlicensed band. Moreover, popularizing culture of bring your own device (BYOD) has resulted in widescale adoption of WiGig solutions. Business organizations are encouraging their employees to carry their own tablets or laptops, as this helps in extensive cost savings for employers and offers convenience to employees who find comfort in working on their systems.
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The employees need to connect their devices to peripherals. To eliminate the requirement for setting-up an individual connection to such devices, the businesses are willingly investing in WiGig-enabled docking stations to provide connectivity to all computer peripherals. In recent years, it has been observed that key market players like Cisco Systems Inc., Intel Corporation, Panasonic Corporation, Qualcomm Incorporated, and Broadcom Inc. have started indulging in product launches, mergers, acquisitions, and geographical expansions to gain a wider customer base.
According to P&S Intelligence, North America emerged as the leader in the WiGig market in 2018. This is due to the increasing presence of leading semiconductor companies and the rising penetration of several wireless communication standards. Also, the semiconductor companies are making hefty investments for the deployment of WiGig solutions in the region. Whereas, the Asia-Pacific (APAC) market is expected to register the fastest growth in the foreseeable future, owing to the high penetration of internet and huge IT investments in developing countries like India and China.
Also, the band of 60 GHz offers faster data transmission speed up to 7 Gbps and is an unlicensed band. Moreover, popularizing culture of bring your own device (BYOD) has resulted in widescale adoption of WiGig solutions. Business organizations are encouraging their employees to carry their own tablets or laptops, as this helps in extensive cost savings for employers and offers convenience to employees who find comfort in working on their systems.
Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/wigig-market/report-sample
The employees need to connect their devices to peripherals. To eliminate the requirement for setting-up an individual connection to such devices, the businesses are willingly investing in WiGig-enabled docking stations to provide connectivity to all computer peripherals. In recent years, it has been observed that key market players like Cisco Systems Inc., Intel Corporation, Panasonic Corporation, Qualcomm Incorporated, and Broadcom Inc. have started indulging in product launches, mergers, acquisitions, and geographical expansions to gain a wider customer base.
According to P&S Intelligence, North America emerged as the leader in the WiGig market in 2018. This is due to the increasing presence of leading semiconductor companies and the rising penetration of several wireless communication standards. Also, the semiconductor companies are making hefty investments for the deployment of WiGig solutions in the region. Whereas, the Asia-Pacific (APAC) market is expected to register the fastest growth in the foreseeable future, owing to the high penetration of internet and huge IT investments in developing countries like India and China.
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