ICT & Electronics Global Gigabit Wi-Fi Market Outlook Industry | Page 3

robust growth during the forecast period. Factors such as expansion of IT/ITeS
and other corporate companies in the region are the major factor behind the
expansion of gigabit Wi-Fi market in Asia Pacific region.
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Rapid Growth in Service Sectors
Rising expansion of service sectors across the globe such as IT/ITeS, BFSI and
telecommunication is propelling the growth of gigabit Wi-Fi market. Further,
factor such as high focus on network infrastructure, improvisation in IT offices
and increasing IT expenditure is anticipated to positively impact the growth of
the global gigabit Wi-Fi market.
Growth in Tech-Savvy Population
Growing tech savvy population across the world coupled with rising disposable
income is likely to provide significant growth to the global gigabit Wi-Fi market.
Furthermore, development of advanced 802.11ac standard gigabit Wi-Fi and
government initiatives to provide high-speed Wi-Fi access in public places is also
anticipated to garner the growth of the gigabit Wi-Fi market.
Although, high cost of gigabit Wi-Fi is likely to inhibit the growth of the global
gigabit Wi-Fi market in the near future.
The report titled “Gigabit Wi-Fi Market: Global Demand Analysis &
Opportunity Outlook 2023” delivers detailed overview of the global gigabit