The drive for WiGig stems from the ever-rising need for faster and more reliable wireless connection. Also known as the IEEE 802.11ad standard, WiGig has opened a new paradigm in Wi-Fi standard. It typically uses 60GHz spectrum. Although, the wireless connection standard has been unable to make its mark as next-generation wireless technology, but has certainly complemented the existing wireless technologies. WiGig has been increasingly useful in delivering super-fast network speeds over short distances; data transfer speeds under it could hover around 7 Gbps in near future. The only drawback is probably the limited range. However, the low latency of the wireless standards offer benefits comparable to the wired connection.
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Rising Use Cases in Augmented Reality and Virtual Reality boosts Market
The adoption of the wireless standard in numerous consumer electronics such as smartphones and laptops for faster wireless connection is a key factor propelling developments in the global WiGig market. Rising use cases in augmented reality (AR) and virtual reality (VR) has opened new window of possibilities in the market. Howbeit, WiGig can never supplant current Wi-Fi standards, primarily due to its inherent technical constraints.
Growing need for replacing high-fidelity wired connections such as HDMI has made WiGig promising. Moreover, rising number of vendors who offer WiGig-enabled technology chipsets is also fueling the market’s prospects. Rising number of product launches in recent years in developing and developed regions are catalyzing positive developments in the WiGig market. Rising demand for bandwidth in mobile devices is also generating copious interest of phone makers and technology players in WiGig.
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However, the market is still evolving and several concerns need to be addressed before it gains traction in consumer and commercial markets. Lack of compatible infrastructures and the absence of suitable ecosystem are hampering the prospects of the WiGig market. Nevertheless, rising number of use cases of WiGig is expected to create new avenues in the WiGig market.