Increasing Number of Smartphone Users is Fueling the Growth of the Global Millimeter Wave Technology Market at 31.24% of CAGR by 2026
Boston, MA, June 14, 2018 (Newswire.com) - Browse 29 market data Tables and 56 Figures spread through 149 Pages and in-depth analysis on “Global Millimeter Wave Technology Market by Product & Service (Scanner Systems, Telecommunication Equipment, Radar & Satellite Communication Systems) By Frequency Band (30 Ghz And 57 Ghz, 57 Ghz And 86 Ghz & 86 Ghz And 300 Ghz) By License Type (Light Licensed Frequency, Unlicensed Frequency & Fully Licensed Frequency) By Application (Mobile & Telecommunication, Consumer & Commercial, Healthcare, Industrial, Automotive And Transportation, Military, Defense, And Aerospace & Imaging) By Components (Antennas And Transceiver Components, Frequency Sources And Related Components, Communication And Networking Components, Imaging Components, Rf And Radio Components, Sensors And Controllers, Interface Components & Power And Battery Components) Market by Geography- Regional Trends & Forecast to 2026”
This insightful market research report from Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, and Rest of World, the report is a valuable asset for the existing players, new entrants, and the future investors. The study presents detailed market analysis with inputs derived from industry professionals across the value chain.
Global Millimeter Wave Technology market was valued at nearly $405 million in 2017 and is anticipated to reach around $4800 million by 2026, growing at an estimated CAGR of 31.24%, during the forecast period 2018-2026.
Clive Cooper, Digital Marketing Manager
Millimeter Wave Technology market scenario
Rising data traffic and demand for bandwidth-intensive applications, increasing trend of smartphone ownership, high investments for development of 5g, infrastructure across the world, growing interest in MMW technology in security and radar applications and rising potential of MMW technology in consumer electronics are the reasons advancing the growth of the global Millimeter Wave Technology market.
The Millimeter Wave Technology Market report provides data tables, includes charts and graphs for visual analysis.
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Market Segmentation
On the basis of Product and Service, the Global Millimeter Wave Technology Market is segmented as follows:
- SCANNER SYSTEMS
- TELECOMMUNICATION EQUIPMENT
- RADAR & SATELLITE COMMUNICATION SYSTEMS
On the basis of Frequency Band, the Global Millimeter Wave Technology Market is segmented as follows:
- SCANNER SYSTEMS
- TELECOMMUNICATION EQUIPMENT
- RADAR & SATELLITE COMMUNICATION SYSTEMS
On the basis of License Type, the Global Millimeter Wave Technology Market is segmented as follows:
- SCANNER SYSTEMS
- TELECOMMUNICATION EQUIPMENT
- RADAR & SATELLITE COMMUNICATION SYSTEMS
On the basis of Application, the Global Millimeter Wave Technology Market is segmented as follows:
- Mobile & Telecommunication
- Consumer & Commercial
- Healthcare
- Industrial
- Automotive And Transportation
- Military, Defence, And Aerospace
- Imaging
On the basis of Components, the Global Millimeter Wave Technology Market is segmented as follows:
· ANTENNAS AND TRANSCEIVER COMPONENTS
· Frequency Sources And Related Components
· Communication And Networking Components
· Imaging Components
· RF And Radio Components
· Sensors And Controllers
· Interface Components
· Power And Battery Components
Report Highlights
- The report provides a detailed analysis of current and future market trends to identify the investment opportunities
- Market forecasts till 2026, using estimated market values as the base numbers
- Key market trends across the business segments, regions and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2026
Companies Profiled
- AVIAT NETWORKS, INC.
- BRIDGEWAVE COMMUNICATIONS, INC.
- E-BAND COMMUNICATIONS, LLC
- FARRAN TECHNOLOGY LTD.
- FUJITSU LIMITED
- KEYSIGHT TECHNOLOGIES, INC.
- LIGHTPOINTE COMMUNICATIONS, INC.
- MILLITECH INC. (ACQUIRED BY SMITH GROUP)
- NEC CORPORATION
- PROXIM WIRELESS CORPORATION (ACQUIRED BY TERABEAM)
- QUINSTAR TECHNOLOGY INC.
- SAGE MILLIMETRE
- SIKLU COMMUNICATION LTD.
- SIVERS IMA
- TREX ENTERPRISES CORPORATION
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Source: Inkwood Research