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Gi-Fi Technology Market Insight
GI-FI or Giga Byte fidelity is helping to make wireless communications much faster than existing. Optical fibers playas an important role for its high rate of bits and faster rates of transmission. But the installation of cables will create a very difficult and but it does not occur in the case of wireless connection. GI-FI that is gigabit wireless is the world’s first-ever transceiver on a single chip. In this module, small antennas are used to integrate both of the transmitter-receiver on a single chip. This chip is fabricated using the complementary metal-oxide-semiconductor (CMOS) process. By using this GI-FI large videos and files can be transferred very quickly and easily.
Impact of COVID-19 on Gi-Fi Technology Market
Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Numerous factor such as rising demand for the high-speed data transfer, low power consumption, quick deployment and reduce manufacturing and operational cost are factors which are driving the market of the GI-FI technology market globally. However, its covered low area compared to Wi-Fi technology and lack of skilled employee for deployment of the technology may hinder the growth of the market. Furthermore, enhanced wireless devices, homes and offices, and high demand for the adoption of high-speed internet is expected to generate lucrative opportunities for the GI-FI technology market globally.
Increased demand for high-speed transfer data:
The data transfer rate of other wireless technology is in gigabytes per second. However, the speed provided by Gi-Fi technology is 5 GBPS which means it is 10 times the data transfer of the exciting thus provides higher data transfer rate which is the key driving factor for the growth of this market. Organizations need high speed data transmission is required to allow a business to function efficiently and also helps the business to grow. In addition to this, high speed internet also help to keep the files cloud and cloud transfer easy and flexible. Thus, due to the capacity of high data speed transfer, Gi-Fi technology is driving the growth of the market.
Low area coverage:
The only limitations with the Gi-Fi technology is the coverage offered by Gi-Fi technology, which is small and only works for short distances, thus is less usable for long distances and cannot be used for wide range.
Enhanced wireless homes and offices of the future:
Organizations are expecting that the Gi-Fi technology would be able to create huge potential to change the way consumers use their in-home electronic devices. In addition to this, organizations are also looking to invest in the Gi- Fi technology in order to create 60GHz chip with growing consumer adoption of high-definition television and low-cost chip and other features. In addition to this, Gi- Fi is also expected to enhance the current wireless networking by low providing low cost, high broadband access with very high speed and thus has the ability to swap within seconds and thus could develop wireless homes and office in the future. Thus, with the enhanced wireless technology, it is expected to enhance lucent opportunities for the market.
Key benefits of the report:
Key Market Segments
Key Market Players