Increase in the Need for Broadband and Mobile Speeds Bolstered the Growth of the Global Millimeter Wave Technology Market

Fri, 27 November 2020 12:30

The Global Millimeter Wave Technology Market is witnessing a surge due to the rapid rise due to the growing utility and the demand for digital services across the globe, proliferation of internet services, surge in the number of connected devices across and the popularity of smart solutions in various industry verticals, along with favoring government regulations has fostered the growth of the market. Besides, the advent of other emerging technologies such as Cloud Computing, Artificial Intelligence, and others has propelled the growth of the market. However, the inability to penetrate across walls and the extremely short wavelengths has restrained the growth of the market.

  • The Global Millimeter Wave Technology Market is expected to grow CAGR of 19% in the forecast period.
  • A positive impact on the market has been observed amid the pandemic
  • North America dominates the market whereas the Asia Pacific region is anticipated too show fastest growth.
  • The endpoint security segment caters to the highest markets share among the different types of the Market
  • The smart homes and wearables segment caters to the highest markets share among the different applications in the Market

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Millimeter Wave Technology Market?

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Key Players

  • Axxcss Wireless Solutions
  • Keysight Technologies
  • NEC Corporation
  • Eravant
  • Siklu Communication
  • Aviat Networks
  • Farran Technologies
  • L3HARRIS
  • Smiths Group
  • Millimeter Wave Products
  • Millivision Technologies
  • Vubiq Networks
  • Elva-1
  • Proxim Wireless
  • Cable-free
  • Fastback Networks
  • Quinstar Technology
  • Lightpointe Communications, Inc. (Lightpointe Wireless)
  • Trex Enterprises Corporation (Trex)
  • Nuctech
  • OSI Systems

Segmentation

By Component

  • Antennas & transceiver components
  • Frequency sources & related components
  • Communication & networking components
  • Imaging components
  • RF & radio components
  • Sensors & controls
  • Interface components
  • Power & battery components
  • Other components

By Product

  • Scanner systems
  • Radar and satellite communication systems
  • Telecommunication equipment
  • Other products

By Frequency Band

  • 24–57 GHz
  • 57–86 GHz
  • 86–300 GHz

By License Type

  • Light licensed frequency illimeter wave
  • Unlicensed frequency millimeter wave
  • Fully licensed frequency millimeter wave

By Application

  • Mobile & telecom
  • Consumer & commercial
  • Healthcare
  • Industrial
  • Automotive & transportation
  • Imaging

" Crucial Insights The Report Provides:"

* Known and Unknown Adjacencies Influencing the Growth of Market

* Explorable Revenue Sources

* Customer Behaviour Analysis

* Target Partners

* Customized Geographical Data Based on Customers as well as Competitors

* Analysis of Market Size and CAGR between the Forecast Periods

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