Asia Pacific WiGig Market - Growth, Trends, and Forecasts (2020 - 2025)
The Asia Pacific WiGig Market is segmented by Product (Display Devices, Network Infrastructure Devices), Applications (Gaming and Multimedia, Networking), and Country.
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Scope of the report
Key Market Trends
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The Asia Pacific wigig market is expected to register a CAGR of 21.8% during the forecast period (2020 - 2025). In recent years, there has been an increased emphasis on the high-speed internet and 5G network. The emerging countries, including China, Japan, Taiwan, India, and Australia, are the major driving countries in the region. China has an established ecosystem for 5G and is expected to grow further in the forecast period. However, the 5G technology is expected to serve as a hotspot technology in existence with the current mobile broadband. The growth is expected to be gradual in the country.
Due to the advent of Internet-of-Things (IoT) and machine type communication (MTC), exponential wireless traffic growth is expected in the near future. This would mean an increase in current bandwidth, assuming the same spectrum efficiency. For instance, the industrial, scientific, and medical (ISM) RF band in the 5.4 GHz region is approximately 500 MHz, mainly used by wireless fidelity WiFi. This bandwidth is already getting saturated, which is one of the driving forces of WiGig.
WiGig is expected to be one of the main options for quick and easy data delivery without a physical wired connection. As it does not pass through walls and has a very short range, it is more useful for transfers within a short-range and won't replace or directly supersede WiFi or cellular. Many consumer electronic devices will be multi-modeWiFi and WiGig capable.
As a result of WiGig features, such as elevated speed connection, extraordinary reliability, and decreased latency, the healthcare system has benefited from improved response times, patient monitoring, data collection and analytics, remote collaboration, and resource allocation. It also sets an example for digitalized, data-driven, and Cloud-based innovative major public emergency response platforms in the region.
Seeking growth opportunities, companies in the region are also looking forward to entering the market with their WiGig products. For instance, in October 2019, Murata Manufacturing Co, Ltd, has also mentioned developing an RF module for the Telegraph project by Facebook.
The Telecom Regulatory Authority of India (TRAI) has mentioned that the delicensed bands available for Wi-Fi are congested. According to the analysis of DigiAnalysis, in India, there are only 3.06 lakh public hotspots available as of 2019, which is expected to reach 21 lakhs by 2021. In contrast, there are over 45 million hotspots available worldwide. Hence, the board has shown a need for expanding this infrastructure to at least one hotspot for 150 persons, creating a demand for another 8 million hotspots.
According to China Mobile, the outbreak had accelerated the shift toward using digital and cloud-based services, stating the operator would support this through continued network upgrades. In addition, COVID-19 has put tremendous pressure on public healthcare systems and epidemic response mechanisms across the APAC. In China, communication and data exchange effectiveness have been essential in screening infected individuals, providing on-ground support to front line staff, and controlling the outbreak.
Scope of the report
WiGig, also known as 60GHz Wi-Fi, refers to a set of 60GHz wireless network protocols. This enables high-performance wireless data, display, and audio applications. WiGig transfers data wirelessly on the 60 GHz frequency, unlike Wi-Fi 6 and other normal versions of Wi-Fi that use the 2.4GHz or 5GHz frequencies. The scope of the market is comprehensive and is limited to Asia Pacific.
Network Infrastructure Devices
Gaming and Multimedia
Rest of Asia Pacific
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Key Market Trends
Display Devices to Drive the Market Growth
Wireless Gigabit (WiGig) technology operates at 60GHz and allows wireless transfer of audio and video data up to 5 gigabits per second, ten times the current maximum wireless transfer rate, at one-tenth of the cost, usually within a range of 10 meters. Due to the ease of operation and high-speeds, the WiGig technology market is gaining traction, especially in the gaming sector.
WiGig technology is also being used in broadcasting video signal transmission systems in sports stadiums and mm-Wave video video-signals transmission systems. The technology could also be used for beaming full HD video in real-time and could be used by notebooks and other computers to wirelessly connect virtually, all the expansion needed for a docking station, including a secondary display and storage computer.
Further, the consumer electronics sector is boosting the WiGig market as a phone, tablet, or computer could wirelessly stream content to a high-resolution TV or another monitor in the same room. For instance, Asus's ROG Phone can use WiGig along with its display dock to wirelessly connect any phone to a big-screen TV. The TwinView dock has its 6.59-inch, 120Hz touchscreen, a second massive 5,000mAh battery, and a built-in fan.
The display devices segment of the market is presented with ample growth opportunities, especially with the advent of VR/AR technologies, in the forecast period. The South Korean government has announced to invest nearly KRW 19 billion in developing augmented reality platforms over the next three years. As part of efforts to boost AR/VR platform development and engage viewers in AR/VR content, the culture ministry will create a large-scale virtual cultural venue using cloud computing and provide a wide range of content services.
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South Korea to Hold Significant Market Share
In April 2019, the telecommunication companies, like SK Telecom, KT, and LG Uplus, were the first to launch 5G in the world in South Koreas. These network carriers have released data after four months of launch, stating that the subscribers have already reached a 2 million mark.
According to the GSM Association, South Korean 5G users account for over 77% of the global 5G users by June 2019. Such high penetration and quick adoption of technology indicate the demand for high-speed data transfer, which may drive WiGig chips' demand in the country.
Ministry of Science, ICP, and Future Planning (MSIP) in South Korea has stated that the country's semiconductor companies have made an early move by entering the 60GHz WiGig market, enabling them to gain a competitive edge in the data communication market.
The Virtual Reality market has a significant application of WiGig chipsets. The country is also emerging as one of the emerging markets for AR/VR technologies, owing to growing government investment in the market coupled with the growing adoption of AR/VR technologies among the country's end-user industries.
The hardware companies in the country are also making continuous product launches that support WiGig chipsets. For instance, Samsung introduced its 5G New Radio (NR) Access Unit (AU), which can be used for high-speed wireless communications with high-speed wireless communications, as seen with the latest 802.11ad Wi-Fi standard operating at 60 GHz frequency.
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The Asia Pacific WiGig market is fragmented in nature, as the players are competing to innovate the technology to remove the market challenges, which can hamper the current growth. Players are involved in strategic activities such as partnerships, mergers, and acquisitions. Some of the key developments in the market are:
February 2020 - Sivers IMA announced the launch of new 5G mmWave Dual Quad Beamformer ICs, which was built in collaboration with Ampleon. It includes two quad antenna connections with either Rx and Tx Channels and integrated RF switches. This solution supports both vertical and horizontal polarization MIMO.
January 2020 - Fujikura Ltd started shipping the samples of its 60 GHz mmWave wireless communication module, which utilizes a high gain phased array to deliver high-speed wireless communication in a 60 GHz frequency band, unlike 4G that uses a sub-6 GHz frequency band. This module can be used in various applications, including video transmission and VR/AR, due to its high-speed.