DUBLIN--(BUSINESS WIRE)--The "Global Millimetre Wave Technology Market Research Report, Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report has been added to ResearchAndMarkets.com's offering.
The global millimeter wave technology market is expected to grow with the CAGR of over 32% during the forecast period 2016-2023
Millimeter wave refers to extremely high-frequency electromagnetic waves that lie in the range of 30GHz to 300 GHz frequency range or 10mm to 1mm wavelength or extremely High Frequency (EHF).
Growing mobile data traffic coupled with the increasing demand for bandwidth-intensive applications, increasing adoption of millimeter wave in small cell backhaul networks and rising adoption of the millimeter waves act as the major driver for the growth of global millimeter wave technology market.
Further, with the growing application of millimeter wave technology in autonomous and semi-autonomous vehicles the market is set to propel at exponential rate over the forecast period. However, limited range of millimeter waves owing to short wavelength coupled with high atmospheric attenuation and non-uniform licensing approaches across the globe are the major factors that impede the growth of global millimeter wave technology market.
Geographically, North America held the largest market share in the global millimeter wave technology market. However, Asia Pacific millimeter wave market is expected to grow at the highest rate. High investment for the development of 5G infrastructure in the Countries such as US and Canada, coupled with the adoption of millimeter wave technology in the security and radar application act as major driver for the growth of millimeter wave market technology in North America region.
Further rapid up gradations in telecom infrastructures, increasing data traffic and extensive funding for development of 5G infrastructure are expected to propel opportunities in millimeter wave technology market in the Asia pacific region.
Key Topics Covered:
2. Market Overview
3. Market Determinants
4. Market Segmentation
5. Competitive Landscape
6. Global Millimeter Wave Technology Market By Region
7. Company Profiles
- Aviat Networks, Inc. (US)
- Bridgewave Communications, Inc. (US)
- E- Band Communications, Llc(US)
- Farran Technology Ltd. (Ireland)
- Fujitsu (Japan)
- Keysight Technologies, Inc. (US)
- Lightpointe Communications, Inc (US)
- Millitech, Inc. (US)
- Nec Corporation (Japan)
- Proxim Wireless (US)
- Quinstar Technology, Inc. (US)
- Sage Millimeter, Inc. (US)
- Siklu Communication Ltd. (Israel)
- Sivers Ima (Sweden)
- Trex Enterprises Corporation (US)
For more information about this report visit https://www.researchandmarkets.com/research/5kssw9/global_millimetre?w=4