Millimeter Wave Technology Market 2021 Growth, COVID Impact, Trends Analysis Report 2027


Millimeter Wave Technology Market

The global millimeter wave technology market is estimated to grow from USD 1.0 billion in 2020 to USD 3.4 billion by 2025, at a CAGR of 26.4%. Increase in broadband and mobile speeds with growing utility and demand, rise in usage of millimeter wave in small-cell backhaul networks, and substantial demand in the use of millimeter wave technology in security and radar applications are among the factors driving the growth of this market.

A full report of Millimeter Wave Technology Market is available at: https://www.orionmarketreports.com/millimeter-wave-technology-market/11868/

Millimeter Wave Technology Market Key Segments:

By Component

• Antennas & transceiver components
• Frequency sources & related components
• Communication & networking components
• Imaging components
• RF & radio components
• Sensors & controls
• Interface components
• Power & battery components
• Other components

By Product

• Scanner systems
• Radar and satellite communication systems
• Telecommunication equipment
• Other products

By Frequency Band

• 24–57 GHz
• 57–86 GHz
• 86–300 GHz

By License Type

• Light licensed frequency millimeter wave
• Unlicensed frequency millimeter wave
• Fully licensed frequency millimeter wave

By Application

• Mobile & telecom
• Consumer & commercial
• Healthcare
• Industrial
• Automotive & transportation
• Imaging

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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)