mmwave 5G market size 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 global mmwave 5Gmarket is offering businesses the access to high data transfer speeds and improved network reliability and it is driving the growth of the mmwave 5G market.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=97572075
The scope of this report covers the mmwave 5G market by component, use case, bandwidth, application, end user and regions.
By bandwidth, 24GHz to 57GHz segment is estimated to hold the highest market share. The 5G industry is using spectrum that is a bit longer than mmWaves, such as 24GHz and 28GHz but these frequencies share many of the same operating qualities. mmWave spectrum offers abundant bandwidth, which can be used to support multi-Gbps transmission speeds per user. The Federal Communications Commission (FCC) has opened nearly 11GHz of the mmWave spectrum for mobile broadband, which intends to support 5G cellular systems and wireless LANs, for example, Wi-Gig, and others. The newly allocated bands include licensed bands at 24GHz (24.25-24.45GHz and 24.75-25.25GHz), 28GHz (27.5-28.35GHz), 37GHz (37-38.6GHz), and 39GHz (38.6-40GHz).
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=97572075
By aerospace and defense, the Air passengers worldwide are demanding fast, reliable broadband services throughout flights. This requirement is increasing as there is an increasing number of air passengers using smartphones, tablets, and laptops. Airborne connectivity is relatively new for most air passengers. OEMs and suppliers are working to give the finest in-flight connectivity. The mmWave frequency range provides military applications, such as control of swarming Unmanned Aerial Vehicles (UAVs), AR/VR for simulation, training and mission rehearsal, real-time intelligence, distributed command and control, surveillance, and reconnaissance, smart warehousing and logistics, and dynamic RF spectrum use.
By region, North America is projected to account for the largest market share among other regions in the mmwave 5G market, and the trend is projected to continue until 2027. The US and Canada are the leading countries in the region. These countries have sustainable and well-established economic growth, empowering them to increasingly invest in R&D activities, thereby contributing to the development of mmwave 5G market.
Get More Info @ https://www.marketsandmarkets.com/Market-Reports/mmwave-5g-market-97572075.html
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).
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, "Knowledge Store" 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: [email protected]