The Millimeter Wave Technology Market size is estimated at USD 3.63 billion in 2024, and is expected to reach USD 13.61 billion by 2030, growing at a CAGR of 24.60% during the forecast period (2024-2030).
The millimeter wave technology market is fragmented with the presence of major players like Siklu Communication Ltd (Ceragon Networks Ltd), Bridgewave Communications Inc. (Remec Broadband Wireless International), E-band Communications LLC (Axxcss Wireless Solutions Inc.), Millimeter Wave Products Inc., and Ducommun Incorporated. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
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