ICT & Electronics Global Gigabit Wi-Fi Market Outlook Industry | Page 2

Rising
Need
For
High
Speed
Wi-Fi
Connectivity To Drive The Growth Of Gigabit
Wi-Fi Market In Future
“Gigabit Wi-Fi Market: Global Demand Analysis &
Opportunity Outlook 2021”
The global gigabit Wi-Fi market has been segmented into end user such as
IT/ITeS, education, healthcare, BFSI, defense, manufacturing, oil & gas,
transportation & logistics and others. Among these segments, IT/ITes segment is
expected to occupy the top position in gigabit Wi-Fi market during the forecast
period. Increase in number of corporate offices coupled with subsequent demand
for high speed internet access and data sharing is anticipated to increase the
deployment of gigabit Wi-Fi in corporate spaces. On the other hand, educational
segment is anticipated to witness noteworthy growth during the forecast period
owing to rising popularity of online education & e-learning among youths.
Global gigabit Wi-Fi market is expected to flourish at a CAGR of 84.1% over the
forecast period. Moreover, the global gigabit Wi-Fi market is anticipated to
garner USD 10,540 Million by the end of 2021. Rising demand for high speed Wi-
Fi connectivity is anticipated to propel the adoption of gigabit Wi-Fi during the
forecast period.
North America accounted for the highest percentage of market share in overall
gigabit Wi-Fi market in 2016. Further, North America is projected to continue its
dominance over the forecast period on the account of high tech-savvy consumer
in the region. Further, robust and optimized wireless network and connectivity in
the region is anticipated to fuel the growth of gigabit Wi-Fi market. U.S. is the
leading market of gigabit Wi-Fi across the world. Asia Pacific is likely to witness