Millimeter Wave Technology Market Growth, Demand and Challenges of the Key Industry Players 2028

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Global Millimeter Wave Technology Market Research
and Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Millimeter Wave Technology Market Research
Report The latest report by IMARC, titled
Millimeter Wave Technology Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2023-2028 the global millimeter
wave technology market reached a value of US 2.1
Billion in 2022. Millimeter wave (mmWave or
MMW) refers to an electromagnetic (radio) wave
within the spectrum from 30 to 300 gigahertz
(GHz) and wavelength from 1 to 10 mm. It is also
classified as the extremely high frequency (EHF)
or very high frequency (VHF) by the International
Telecommunication Union (ITU). Radio waves have
high atmospheric attenuation due to which they
are absorbed by the gases in the atmosphere,
resulting in a short-range. They can transfer a
bulk of data at high speed and help in increasing
the bandwidth capacity, performance, and
reliability. As a result, they are used in an
array of services and products like
point-to-point wireless local area networks
(WLANs), radio astronomy, security screening,
remote sensing, airport security scanners, and
automotive radars. Request Free Sample Report
https//www.imarcgroup.com/millimeter-wave-technol
ogy-market/requestsample
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Report Description and Highlights
Report Description

Global Millimeter Wave Technology Market
Trends The rising demand for wireless
technologies and high-speed networks represents
one of the major growth-inducing factors for the
market. Moreover, the continuation of 5G projects
by major telecom operators despite the outbreak
of the coronavirus disease (COVID-19) has
provided a thrust to the market growth. For
instance, the Government of China supported the
aggressive roll-out of high-speed mobile networks
by 5G infrastructure telecommunication carriers
in April 2020. Besides this, millimeter wave
technology is utilized in the healthcare sector
in therapies to treat diseases like diabetes,
cardiovascular ailment, depression, and
gastrointestinal disorders. Furthermore,
several industry players are investing in
research and development to tap into the
potential of millimeter wave technology in
sectors like defense and military, and
automotive. With the evolution of new
technologies, MMW is expected to become an
integral part of the next-generation network. On
account of these factors, the market is expected
to grow at a CAGR of 20.1 during
2023-2028. Looking forward, the market value is
projected to reach a strong growth during the
forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Component A
ntennas and Transceivers Amplifiers
Oscillators Control Devices
Frequency Converters Passive Compone
nts Others Breakup by Product
Telecommunication Equipment Imaging an
d Scanning Systems Radar and Satellite
Communication Systems Services Breakup
by Frequency Band 30 GHz - 57 GHz
57 GHz - 96 GHz

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Report Description and Highlights
Report Description
96 GHz -300 GHz Breakup by License Type
Light Licensed Frequency Millimeter Wa
ve Unlicensed Frequency Millimeter Wave
Fully Licensed Frequency Millimeter
Wave Breakup by Application Telecommun
ication Military and Defense A
utomotive and Transport Healthcare
Electronics and Semiconductor
Others Breakup by Region Nor
th America United States
Canada Asia Pacific

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Report Description and Highlights
Report Description
China Japan
India South Kore
a Australia In
donesia Others Europe
Germany France
United Kingdom
Italy Spain
Russia Others Latin Am
erica Brazil M
exico Others Middle Ea
st and Africa

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Aviat Networks Inc. AXXCSS Wireless Solutions Inc.
  Farran Technology Ltd. Fastback Networks
  Inc. Keysight Technologies Inc. L3 Technologies In
  c. Millimeter Wave Products Inc. Mistral Solutions
  Pvt. Ltd. (AXISCADES Engineering Technologies
  Ltd.) NEC Corporation Siklu Communication Ltd. Smi
  ths Group Plc Vubiq Networks Inc.
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/millimeter-wave-technol
  ogy-market

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
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Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
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and reliable at the time of publishing.
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