Global Telecom Millimeter Wave (MMW) Technology Market by Type (V-Band, E-Band, Other Frequency Bands), By Application (Military, Civil) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global telecom millimeter wave (MMW) technology market is expected to grow at a CAGR of over 16% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for MMW technology across various applications, such as military and civil. Additionally, the growing demand for 5G services is also expected to fuel the growth of this market in the coming years. The V-band segment is projected to hold a major share of the global telecom millimeter wave (MMW) technology market during the forecast period. This can be attributed to its high bandwidth and low latency capabilities, which make it suitable for various applications, such as backhaul and fronthaul networks.



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Product Definition:

Micro waves are waves of electromagnetic radiation with frequencies ranging from 300 MHz to 3 GHz, or wavelengths from 1 to 10 cm. They are used in telecommunications, radar and microwave ovens.

V-Band:

V-band is a part of the electromagnetic spectrum with a wavelength between 10 and 5 mm. It is used in several applications such as military radar, satellite communications, and telecommunication. The V-band can be used for both mobile & fixed station applications depending upon its usage frequency range i.e., 2G, 3G or 4G LTE networks.

E-Band:

E-band is the lowest frequency band in 3GPP mobile telephony and is used for high data rate Long Term Evolution (LTE) services. The E-band frequencies range from 790 MHz to 2.48 GHz with a bandwidth of 20 MHz. It was initially designed for use in Personal Digital Assistants (PDAs), but it has been adopted by various devices and technologies including LTE, WiMAX, satellite communication, GSM/CDMA networks, etc.

Application Insights:

The civil segment dominated the global telecom MMW technology market in terms of revenue share in 2017. The growth can be attributed to the growing adoption of high-speed internet and mobile services across various end-use industries such as healthcare, transportation and logistics, banking, financial services, retailing and media. Moreover, increasing demand for data communication through 4G technologies is also expected to drive the segment over the forecast period.

The military segment is expected to witness significant growth over the forecast period owing to factors such as increased defense expenditure by countries including China and India along with technological advancements that provide enhanced capabilities for armed forces on a battlefield. For instance; developments in laser technology have enabled effective communication between soldiers during times when it was previously not possible due to line-of-sight limitations imposed by foliage or distance from enemy positions.

Regional Analysis:

North America is expected to be the key regional market over the forecast period owing to early adoption of MMW technology. The region accounted for a revenue share of more than 35% in 2017 and is anticipated to grow at a significant CAGR from 2018 to 2030. This growth can be attributed primarily to U.S., which accounts for the largest revenue share in North America market, followed by Canada and Mexico.

The Asia Pacific telecom MMW technology market is projectededto witness substantial growth over the forecast period owing high population density, rising demand for wireless communication services, increasing number of mobile devices,.

Growth Factors:

Increasing demand for high-speed internet: The increasing demand for high-speed internet is one of the key growth drivers for the telecom millimeter wave technology market. As per a study by Cisco, global IP traffic is expected to grow at a CAGR of 23% from 2016 to 2021. This will create a huge demand for bandwidth and drive the adoption of millimeter wave technology solutions.
Proliferation of 5G networks: The upcoming fifth generation (5G) mobile networks are expected to be based on millimeter wave technology and will provide significantly higher speeds and bandwidth than current 4G/LTE networks. This will fuel the growth of the telecom millimeter wave technology market in coming years.
Growing need for wireless backhaul: Telecom service providers are increasingly deploying small cell base stations to meet the growing data demands of users, which requires more backhaul capacity than traditional macrocellular base stations can provide using fiber optic cables alone . Millimeter wave radios can be used as an efficient means to provide this additional capacity, thus driving its adoption in wireless backhaul applications .


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Scope Of The Report
Report Attributes
Report Details
Report Title
Telecom Millimeter Wave (MMW) Technology Market Research Report
By Type
V-Band, E-Band, Other Frequency Bands
By Application
Military, Civil
By Companies
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.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.

Global Telecom Millimeter Wave (MMW) Technology Market Report Segments:
The global Telecom Millimeter Wave (MMW) Technology market is segmented on the basis of:
Types
V-Band, E-Band, Other Frequency Bands
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military, Civil
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
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.



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Highlights of The Telecom Millimeter Wave (MMW) Technology Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
V-Band
E-Band
Other Frequency Bands
By Application:
Military
Civil
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Telecom Millimeter Wave (MMW) Technology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
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8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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