Telecom Millimeter Wave (MMW) Technology

Telecom Millimeter Wave (MMW) Technology

Global Telecom Millimeter Wave (MMW) Technology Market to Reach US$32.1 Billion by 2030

The global market for Telecom Millimeter Wave (MMW) Technology estimated at US$4.0 Billion in the year 2023, is expected to reach US$32.1 Billion by 2030, growing at a CAGR of 34.6% over the analysis period 2023-2030. E-Band Frequency, one of the segments analyzed in the report, is expected to record a 35.8% CAGR and reach US$26.0 Billion by the end of the analysis period. Growth in the V-Band Frequency segment is estimated at 29.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.2 Billion While China is Forecast to Grow at 33.1% CAGR

The Telecom Millimeter Wave (MMW) Technology market in the U.S. is estimated at US$1.2 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.6 Billion by the year 2030 trailing a CAGR of 33.1% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 31.0% and 29.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 23.7% CAGR.

Global Telecom Millimeter Wave (MMW) Technology Market - Key Trends and Drivers Summarized

How Is Telecom Millimeter Wave (MMW) Technology Revolutionizing Wireless Communication?

Telecom Millimeter Wave (MMW) Technology refers to the use of high-frequency radio waves (30 GHz to 300 GHz) for high-speed wireless communication. This technology supports data-intensive applications like 5G networks, backhaul connections, and point-to-point communication, providing high bandwidth, low latency, and enhanced capacity. MMW is integral to the deployment of advanced telecom networks, enabling seamless connectivity for applications such as autonomous vehicles, smart cities, and augmented reality (AR). As telecom operators focus on meeting growing data demands, MMW technology is becoming central to the next generation of wireless communication infrastructure.

What Are the Key Segments in the Telecom Millimeter Wave (MMW) Technology Market?

Key frequency bands include V-band (57-64 GHz), E-band (71-86 GHz), and other high-frequency bands, with E-band holding the largest market share due to its use in backhaul connections, supporting high-capacity data transmission in 5G networks. Applications cover telecommunications, satellite communications, radar systems, and data centers, with telecommunications representing a significant segment driven by the ongoing rollout of 5G networks. Components include antennas, transceivers, and modulators, with antennas leading the market due to their critical role in signal transmission and reception in MMW networks.

How Is Telecom Millimeter Wave Technology Integrated Across Wireless Networks?

In 5G networks, MMW technology is used to deliver ultra-high-speed mobile connectivity, supporting applications like video streaming, virtual reality, and IoT devices. In backhaul connections, MMW enables high-capacity data transmission between cell towers, ensuring seamless communication and network reliability. Satellite communications use MMW to achieve high-speed data links, enhancing global connectivity for remote areas and maritime services. Additionally, in radar systems, MMW supports precise tracking, imaging, and surveillance, providing improved performance in defense, automotive, and security applications.

What Factors Are Driving the Growth in the Telecom Millimeter Wave (MMW) Technology Market?

The growth in the Telecom Millimeter Wave (MMW) Technology market is driven by several factors, including increasing demand for high-speed wireless communication, rising adoption of 5G networks, and advancements in MMW components. Innovations like beamforming, advanced modulation techniques, and smaller form factor antennas have supported broader applications across telecom networks. The focus on improving network capacity, reducing latency, and supporting data-intensive applications has further fueled demand, as MMW technology provides the necessary bandwidth and speed for next-generation communication. Additionally, expanding mobile data usage, growing IoT deployments, and government initiatives for digital infrastructure have contributed to market growth, encouraging the adoption of MMW technology in telecom networks.

 

SCOPE OF STUDY:

The report analyzes the Telecom Millimeter Wave (MMW) Technology market in terms of US$ Thousand by the following Application; Frequency Band, and Geographic Regions/Countries:

Segments:
Frequency Band (E-Band, V-Band, Other Frequency Bands); Application (Civil, Military)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 36 Featured) -

• Aviat Networks, Inc.
• BridgeWave Communications, Inc.
• E-Band Communications, LLC
• ELVA-1 and Wireless Excellence Ltd.
• Farran Technology Ltd.
• Keysight Technologies, Inc.
• L3 Technologies, Inc.
• LightPointe Communications, Inc.
• Millitech, Inc.
• NEC Corporation
• Proxim Wireless
• QuinStar Technology, Inc.
• Renaissance Electronics & Communications (HXi)
• SAGE Millimeter, Inc.
• Siklu Communication Ltd.
• Smiths Group Plc.
• Vubiq Networks, Inc.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.