Global Gi-Fi Technology Market- Industry Analysis and forecast 2019 – 2027

Posted by rahul on February 20th, 2021

A gigabit Gi-Fi Technology Market communication, having a data range of more than one billion bits per second. Gi-Fi is the world’s first transceiver, integrated on a single chip that operates at 60 GHz on the CMOS process. The basic reason for introducing the Gi-Fi Technology is because of the low range of frequency operation, slow rate, and high power consumption of the earlier technologies, like Wi-Fi, and Bluetooth.

Global Gi-Fi Technology Market

The Gi-Fi network can be supported by various devices like laptops, mobiles, printers, fax, laptops, network termination units, network interface cards, internal radio modules, among many others.

Objective of the Report:

The objective of the report is to present a comprehensive analysis of the Global Gi-Fi Technology Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Gi-Fi Technology Market dynamics, structure by analyzing the market segments and project the Global Gi-Fi Technology Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Gi-Fi Technology Market make the report investor’s guide.

Market Scenario:

The Global Gi-Fi Technology Market was valued at $xx Bn in the year 2019 and is projected to reach $XX Bn by the year 2027, growing at a CAGR of almost xx% during the forecasted period.

Market Overview:

Drivers:

• High Speed Data Transfer

The technology offers almost a frequency range of 57-64 GHz, with a wireless transfer of data at 5 gigabits per second, which is almost 10 times higher than the usual wireless technologies that we use today. Such a high rate of data transfer and frequency is sure to drive the market of Gi-Fi technology during the forecast period.

• Low Manufacturing Costs & Small – Sized Devices

The gigabit wireless technology comes with offering the chips that are available at quite low costs. Hence, many companies are observed, looking forward to launching the network devices at lower costs in the market. This factor could help in cost-effective broad bands, with high-efficiency network ranges; which could help in driving the market at a very high rate during the forecast period.

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Restraint:

• Low Coverage Area

The Gigabit Wireless network is known to be covering a lower range of area when compared with the Wi-Fi technology. This factor might hamper the growth of the Gi-Fi Technology market during the forecast period.

Market Segmentation

The report for the global Gi-Fi Technology market is studied across the 5 major segments:

• By Product

o Network Infrastructure Devices
o Display Devices

• By Technology

o Integrated Circuit Chips
o System on Chip

• By Application

o Networking
o Commercial
o Consumer Electronics

• By End- User Industry

o IT & Telecom
o BFSI
o Manufacturing
o Automotive
o Government & Defense

The IT & Telecom sector is expected to drive the Gi-Fi Technology market during the forecast period, owing to the maximum need for better network efficient bandwidths by the sector.

• By Geography

o North America
o South America
o Asia Pacific
o Europe
o Middle East & Africa

The Asia Pacific is expected to dominate the market for Gi-Fi Technology during the forecast period. The high growth rate is basically attributed to the rise in the expansion of various leading industries in the region. Moreover, the market in Latin America and the Middle East and Africa are also expected to show an effective growth rate during the forecast period.

Competitive Landscape

• The major key players operating in this market include -:

o NEC Corp.
o Samsung Electric Corp.
o Intel Corp.
o Marvell Technology Group Ltd.
o Broadcom Corp.
o Nvidia Corp.
o Cisco Systems Ltd.
o Panasonic Corp.
o Qualcomm Atheors
o AzureWave Technologies Ltd.

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