Global Telecom Millimeter Wave Market Size, Share, Research Report Forecasts, 2018-2026
Telecom Millimeter Wave Market Research Report, Share and Forecast, 2017 – 2026

Telecom Millimeter Wave Market Share, Size, Trends, Industry Analysis Report By Product (Scanner Systems, Radar and Satellite Communications Systems, Telecommunication Equipment) By Frequency Band (V-Band, E-Band, Others); By End-User (Defense and Aerospace, Telecommunication, Automotive, Consumer, Healthcare, Others); By Regions, Segments & Forecast, 2018 - 2026

  • Published Date:Sep-2018
  • Pages: 112
  • Format: PDF
  • Report ID: PM1450
  • Base Year: 2017
  • Historical Data: 2015-2016

Report Outlook

The global telecom millimeter wave market was valued at USD 300.2 million in 2017 and is anticipated to grow at a CAGR of 39.7% during the forecast period.

The radio waves between the frequency of 30GHz and 300Ghz are called telecom millimeter waves. Their wavelength ranges from ten to one millimeter, also sometimes referred to as Extremely High Frequency (EHF) range. These waves experience higher atmospheric attenuation than the lower bands as their medium of propagation is through the line of sight. Although they have a smaller antenna size, the telecom millimeter waves are capable of transferring high-speed data maintaining a low latency. Advantages offered by telecom millimeter wave such as high data transmission and high-speed communications have increased its adoption in diverse applications.

The growing adoption of telecom millimeter waves in small-cell backhaul networks drives the growth of this market. The increasing demand for bandwidth requirement coupled with growth in mobile data traffic further supports telecom millimeter wave market growth. The growing penetration of mobile devices, and rising demand from the telecommunication sector and 5G technology are also expected to support market growth during the forecast period. Other factors driving the market include technological advancements, increasing adoption of advanced networking technologies, growing demand for mobility, and growing applications in radar and security sectors. However, the negative impact on the environment and limitations regarding range are factors expected to hinder telecom millimeter wave market growth. Growing demand from defense and aerospace sectors, and increasing applications in autonomous vehicles are factors expected to provide numerous growth opportunities in the coming years.

Millimeter waves, also referred to as extremely high frequency (EHF) or mm-waves, are a type of electromagnetic radiation between microwaves and infrared. As a band of radio frequencies, millimeter waves are well suited for 5G networks. These waves allow transmission on frequencies between 30 GHz and 300 GHz. This is a dramatic improvement from the frequencies below 5 GHz previously used by mobile devices. Millimeter waves have a wavelength between 1mm and 10mm.

Initially, only radar systems and satellites made use of millimeter waves. However, major telecom providers have also started using millimeter waves these days. With the help of millimeter wave frequencies, network providers can easily increase the spectrum bandwidth by a factor of 10, resulting in a massive increase in data speeds. Also, there’s less interference with millimeter waves as they don’t interfere with other neighboring cellular systems. Furthermore, these waves offer low latency and increased data capacities. Owing to the various benefits millimeter waves have to offer, the telecom millimeter wave market is projected to develop in the upcoming years.

Telecom Millimeter Wave Market

Segment Analysis

The global telecom millimeter wave market is segmented on the basis of product, frequency band, end-user, and region. Based on product, the market is segmented into scanner systems, radar and satellite communications systems, and telecommunication equipment. The telecommunication equipment accounted for the highest market share in 2017 owing to increasing applications in mobile backhaul solutions and growth in demand for bandwidth requirements.

On the basis of frequency band, the market is segmented into V-Band, E-Band, and others. The E-band frequency band dominated the global Telecom Millimeter Wave market in 2017 owing to growing demand for backhaul networking and solutions from smart homes, buildings, and automation in other sectors.

The end-user segment is categorized into defense and aerospace, telecommunication, automotive, consumer, healthcare, and others.

The research study offers an in-depth analysis of the competitive landscape in the industry. It examines the top players in the telecom millimeter wave market on the basis of multiple factors, including market position, sales, new developments, and products/services offered. Also, it details the key strategies like mergers, partnerships and collaborations that have been taken by telecom millimeter wave industry key players to improve their position in the market. 

Regional Analysis

This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into the U.S., Canada, and Mexico. Europe is divided into Germany, the UK, Italy, France, and the Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and the Rest of Asia-Pacific. North America accounted for the largest share of the global Telecom Millimeter Wave market in 2017.

Competitive Landscape

The leading players in the telecom millimeter wave market include Siklu Communication Ltd., Farran Technology Ltd., Millitech, Inc., NEC Corporation, E-Band Communications, LLC, Bridgewave Communications, Inc., Sage Millimeter, Inc., Keysight Technologies, Inc., LightPointe Communications, Inc., and Smiths Group PLC. among others. These leading players in the market are introducing innovative products in the market to cater to the consumers. Global players are entering new markets in developing regions to expand their customer base and strengthen their market presence.

Uncover the dynamics of the telecom millimeter wave sector in 2024 with detailed statistics on market share, size, and revenue growth rate meticulously curated by Polaris Market Research Industry Reports. This all-encompassing analysis extends to a forward-looking market forecast until 2032, complemented by a perceptive historical overview. Immerse yourself in the profound insights offered by this industry analysis through a complimentary PDF download of the sample report.