TechNavio Announces the Publication of its Research Report - Global Wireless Gigabit Market 2014-2018

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Feb. 27, 2014

TechNavio recognizes the following companies as the key players in Global Wireless Gigabit Market: Broadcom Corp., Intel Corp., Qualcomm Atheros Inc., Panasonic Corp. and MediaTek Inc.

Commenting on the report, an analyst from TechNavio's team said: "In the beginning of 2013, the IEEE approved a new wireless specification that could be used in devices to deliver tri-band networking and support emerging WiGig technology. The approval is considered a lucrative solution to open new avenues of application for the service providers, felicitating high speed up to 7Gbps on the unlicensed 60GHz radio spectrum band. The standard association claimed the new development will offer around 10 times the rate of speeds offered through the incumbent 802.11n standard, which uses the 2.4GHz and 5GHz spectrum bands. The 802.11ad (or WiGig) will offer faster networking because of the low extent of interception and interference of its shorter range in the 60GHz band. Due to the revolution in the data-centric applications, the tri-band devices can support up to 7Gbps speed enabling high-speed file transfers and WiGig docking technology, which can connect portable user devices to a display the moment it is placed. During the forecast period, the market will be flooded with tri-band supported devices, driving the Global WiGig market."

According to the report, there are several factors that drive the growth of the Global WiGig market; one of them is the unrelenting demand for mobile data applications and hence the supporting devices. The steady increase in data traffic caused by smart devices plays a major role in driving the demand for the market.

Further, the report states that one of the main challenges is the omnipresence of Wi-Fi-enabled devices. The Wi-Fi standard has been around for more than two decades, and has carved a strong position in the Global Networking market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.technavio.com/report/global-wireless-gigabit-market-2014-2018

TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit http://www.technavio.com/telecom-and-networking

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