According to the recent study the milimeter wave technology market is projected to grow at a CAGR of 35% from 2019 to 2024. Growth in this market is primarily driven by growing mobile data traffic and demand for bandwidth-intensive applications, increasing use of millimeter wave in small-cell backhaul networks, and increasing demand for innovative applications in radar and security applications.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in milimeter wave technology market by technology (scanner systems, radar and satellite communication systems, and telecommunication equipment), frequency band (band between 30 Ghz and 57 Ghz, band between 57 Ghz and 86 Ghz , and band between 86 Ghz and 300 Ghz), license type (light licensed frequency, unlicensed frequency, and fully licensed frequency), end use industry (mobile & telecommunication, consumer & commercial, healthcare, industrial, automotive and transportation, military, defense & aerospace, and imaging), region (America, Europe, APAC, and ROW).
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“North America will dominate the milimeter wave technology market in near future.”
North America is expected to be the largest region over the forecast period.
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Major players of milimeter wave technology market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Ridgewave Communications, E-Band Communications, Lightpointe Communications, Siklu Communication, Vubiq Networks, Loea Corporation, , Renaissance Electronics & Communications, Millivision Technologies, Fujitsu, Amplus Communication and others are among the major milimeter wave technology providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/milimeter-wave-technology-market.aspx or [email protected]
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