DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/53sb7l/global_millimeter) has announced the addition of the "Global Millimeter Wave Equipment Market 2011-2015" report to their offering.
TechNavio's analysts forecast the Global Millimeter Wave Equipment market to grow at a CAGR of 66.1 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing need for high-capacity mobile backhaul solutions. The Global Millimeter Wave Equipment market has also been witnessing the increasing popularity of gigabit-per-second wireless equipment. However, the range barrier in millimeter wave equipment could pose a challenge to the growth of this market.
The key vendors dominating this market space are BridgeWave Communications Inc., E-Band Communications Corp., and NEC Corp.
The other vendors mentioned in the report are Aviat Networks Inc., Ericsson Inc., Huawei Technology Co. Ltd., and Proxim Wireless Corp.
Commenting on the report, an analyst from TechNavio's Networking team said: ''One of the important reasons for the high growth of the Global Millimeter Wave Equipment market is the increasing popularity of Gbps wireless equipment. This is due to its application in high-bandwidth broadband networks for short- and long-term solutions. High-speed base stations and aggregation points require Gbps speeds in high-density urban locations. Different band equipment finds different application fits according to frequency and wavelengths. For instance, 60-GHz millimeter wave equipment is expected to be used in private enterprises, government networks and public safety wireless networks.''
According to the report, globally, millimeter wave equipment has emerged as an ideal solution for the extension of gigabit networks in fiber-optic network architectures. The major contribution comes from 60-GHz and E-band wireless links as they provide larger carrying capacity, longer reach and availability, and better security and value for money than other solutions. Vendors have the option to decide between licensed and unlicensed options depending on distance availability requirements and investment budgets.
For more information visit http://www.researchandmarkets.com/research/53sb7l/global_millimeter.