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The global wireless gigabit market size is expected to reach USD 274.60 million by 2034, according to a new study by Polaris Market Research.
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Wireless Gigabit Market Expected to Reach USD 274.60 Million by 2034 | CAGR: 15.5% Wireless Gigabit Market Size, Share, Trends, Industry Analysis Report: By Offering (SoC and Module), Protocol, Channel, Product, End-User Industry, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034
Wireless Gigabit Market Estimate & Forecast • Global Wireless Gigabit Market size and share is currently valued at USD 64.88 million in 2024 and is anticipated to generate an estimated revenue of USD 274.60 million by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 15.5% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 – 2034 • The wireless gigabit market is being driven by the expansion of smart cities. The efficiency of infrastructure, public services, and utilities in smart cities is heavily dependent on an extensive network of interconnected devices and sensors. A wide variety of smart devices, such as traffic cameras, environmental sensors, smart streetlights, and public Wi-Fi hotspots, are used in smart cities. Such devices generate large volumes of data for which high-speed connectivity is needed to effectively manage this data traffic. As wireless gigabit technology provides faster connectivity, its demand is growing due to rising smart city initiatives.
Wireless Gigabit Market Report Highlights By offering, the module segment dominated the wireless gigabit market in 2024 and is expected to experience substantial growth during the forecast period due to the increasing demand for modular solutions that offer flexibility and ease of integration into various devices and systems. Based on product, the network infrastructure devices segment accounted for a major market share in 2024 owing to the widespread deployment of advanced networking equipment, including routers, access points, and switches. In the global market, North America holds the largest revenue share due to the high consumer demand for robust and reliable connectivity and advanced technological infrastructure.
Wireless Gigabit Market Competitive Landscape • The study then includes the competitive insights of market across various regions wherein our research analysts explores in-depth profiles of main players along with new product launches, recent technologies influencing the target market. The competitive study section also contains production, major development strategies, revenue, and growth rate for the leading players. This assessment will aid market players to stay ahead of competitive landscape and boost productivity. Major players operating in the market are: • Peraso Technologies Inc.; Tensorcom, Inc.; STMicroelectronics; Sivers Semiconductors AB; Qualcomm Technologies, Inc.; Blu Wireless; Fujikura Ltd.; DigiKey; Pharrowtech; Renesas Electronics Corporation; indie Semiconductor; Intel Corporation; Broadcom; NXP Semiconductors; and Infineon Technologies AG. • Browse Complete Report
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