The 37-year-old's tactical acumen and passion was widely praised during his spell on television, but he has no experience of coaching at club, yet alone international level.
"I'm sure he'll be a success with England," Giggs said. "He's obviously done well on the TV with his views and his outlook on football and he's got fresh ideas.
"He's played at the top himself, he's got so many positives and so many things he can bring to the table. I think management will be the next step for him. He knows what the modern day footballer wants and needs, which is important.
"No matter what he would have done he would have been a success because he's that sort of person. He's a force of nature. He's driven, very ambitious and he's very good at what he does.
"I did my coaching badges with him and he was very alert. He's very switched on and intelligent. And together with that he's been there and done it."