DUBLIN--(BUSINESS WIRE)--The "Telecom Millimeter Wave (MMW) Technology Market Analysis By Frequency Band (V-Band, E-Band, Other Frequency Bands), By Region (North America, Europe, Asia Pacific, RoW), And Segment Forecasts, 2014 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global telecom MMW technology market is projected to reach USD 4.23 billion by 2025
Fiber-optic cables are the most preferred transmission medium used for data transmission across the telecom industry. However, the fiber optics technology is costly, and the installation of the network is complicated. Thus, the millimeter wave technology is gaining traction as an alternative to fiber-optics medium.
The major application areas of the technology include telecommunication, military & defense, security services, and medical & healthcare. The recent developments and continuous research and progress in the telecom industry are likely to lead to the evolution of the 5G technology.
Millimeter waves are anticipated to play a vital role in the development of fifth-generation technology, owing to the need for higher-bandwidth. The 5G technology is predicted to emerge in the coming years and the market is likely to witness its adoption significantly. Eventually, the demand for MMW technology is expected to boost, in turn, propelling the overall MMW technology market, particularly across the telecom industry.
Increased government funding and initiatives, coupled with R&D activities carried out by the public and private sectors, are driving the market. E-band frequencies have extensive applications in the telecommunication sector and the segment is anticipated to generate the highest revenue over the forecast period, on account of its growing applications in the sector. Therefore, the overall telecom millimeter wave technology market is poised to witness a significant growth over the forecast period.
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Telecom Millimeter Wave Technology Industry Outlook
Chapter 4 Telecom Millimeter Wave Technology: Frequency Band Estimates and Trend Analysis
Chapter 5 Telecom Millimeter Wave Technology: Regional Estimates and Trend Analysis
Chapter 6 Competitive Landscape
- Aviat Networks Inc.
- BridgeWave Communications Inc.
- E-Band Communications LLC
- Farran Technology Ltd.
- Keysight Technologies Inc.
- LightPointe Communications Inc.
- Millitech Inc.
- QuinStar Technology Inc.
- SAGE Millimeter Inc.
- Siklu Communication Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/vns6dm/global_telecom?w=4