mmWave 5G Market

mmWave 5G Market worth $4.9 billion by 2027

According to a research report "mmWave 5G Market by Component (Hardware, Solutions, Services), Use Case (eMBB, mMTC, URLLC, FWA), Application, Bandwidth, End User (Aerospace and Defense, Telecom, Automotive and Transportation, Public Safety) and Region - Global Forecast to 2027" published by MarketsandMarkets, the global mmwave 5G system market size is expected to grow from USD 2.5 billion in 2022 to USD 4.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 14.7% during the forecast period. The enterprises are adopting mmwave 5G technology as it offers the capacity to deliver higher bandwidth as compared to other alternate technologies which is driving the demand mmwave 5G solutions.

Browse 331 market data Tables and 53 Figures spread through 284 Pages and in-depth TOC on "mmWave 5G Market by Component (Hardware, Solutions, Services), Use Case (eMBB, mMTC, URLLC, FWA), Application, Bandwidth, End User (Aerospace and Defense, Telecom, Automotive and Transportation, Public Safety) and Region - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/mmwave-5g-market-97572075.html

The hardware segment is expected to lead the mmwave 5G market in 2022.

The 5G mmWave hardware consists of antennas and transceiver components; communication and networking components; frequency sources and related components; RF and radio components; sensors and controls; power and battery components; and other hardware, such as imaging components, interface components, waveguide components, and filters and detectors. The mmWave transceiver system is an SDR platform for constructing mmWave applications, which consists of system prototyping. It gives users permission to access a flexible hardware platform and application software that enables real­time over air mmWave communications research.

95GHZ TO 300GHZ segment is expected to grow with the fastest growth rate during the forecast period.

mmWave originates from the wavelength of radio signals on frequencies between 30GHz and 300GHz, which ranges between 1 and 10 millimeters. At these frequencies, radio signals diminish more rapidly with distance than at other frequencies, and antennas that can closely focus transmitted energy that is of small size. The limited range of such transmissions might appear to be a major drawback for many applications. It does enable the reuse of frequencies within very short distances and, hence enables a higher concentration of transmitters to be situated in a geographical area than is possible at lower frequencies.

Telecom likely to emerge as the fastest-growing segment during the forecast period.

5G makes it feasible to allocate high bands above 24GHz for telecom infrastructure. The accessibility of the new spectrum is conditional upon regulators releasing the spectrum for use by service providers. Spectrum allocations for mmWave are often extremely wide, with 800 MHz or more per service provider and band. This enables high capacity delivery and improved handling of peak rates. Wide radio carriers are specified for the high band to be used within wide spectrum allocations. These wide carriers facilitate shorter transmission time intervals and lower radio-interface latency to facilitate the introduction of and support for low-latency-sensitive applications.

The Asia Pacific segment is expected to grow with the fastest growth rate during the forecast period.

The growth of the mmWave 5G market in the Asia Pacific is highly driven by the rapid digitalization of enterprises across the region. The region comprises emerging economies such as India, Japan, China, South Korea, and Australia. Countries in the Asia Pacific region have been at the forefront of many mobile technologies, from the first 3G network launch in Japan to the first commercial 5G networks in South Korea.

Market Players

The major vendors covered in the mmwave 5G market include NXP Semiconductors (Netherlands), Airspan Networks (US), AT&T (US), Fastweb (Italy), SoftBank (Japan), Corning (US), Nokia (Finland), Mavenir (US), NTT DOCOMO (Japan), AMD (California), Huawei (China), Qualcomm (US), Ericsson (Sweden), Verizon Communications Inc. (US), Rakuten Mobile (Japan), Singtel (Singapore), Samsung (South Korea), Fujitsu (Japan), Renesas Electronics Corporation (Japan), Keysight Technologies (US), Movandi (US), JMA Wireless (US), Sivers Semiconductors (Sweden), ALCAN systems (Germany), Verana Networks (US), Pivotal Commware (US), and Pharrowtech (Belgium).

Don’t miss out on business opportunities in mmWave 5G Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

mmWave 5G Market Size,  Share & Growth Report
Report Code
TC 8151
PR Published ON
8/17/2022
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the mmWave 5G Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status
...

Digital Virtual Assistant - MarketsandMarkets

Home