Millimeter Wave Market worth $1.2 Billion – 2018

Millimeter wave (MM Wave) generally refers to the spectrum of radio waves in the region of 30 GHz to 300 GHz. These waves are so named due the fact that their wavelengths are of the order of 1 to 10 millimeters.

millimeter wave market operates in an unregulated bandwidth that is available world-wide and with better efficiency than traditional wireless LAN frequencies such as 2.5 or 5 GHz for specific set of non-traditional applications.’ MM Wave technology’ has many applications due to its unique features that facilitate advanced imaging, high speed back-haul in telecommunications and high speed data transfer in home media networking. The other emerging applications include satellite communications, RADAR systems across various industries and several more, which are bound to help this market take off at a rapid pace.

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This report, based on the extensive research study of the MM Wave technology market and the related semiconductor, component, product industries, is aimed at identifying the entire market of specifically the MM Wave products and MM Wave components in all applications excluding consumer electronic applications. The report covers the overall market and sub-segment markets through extensively detailed classifications, in terms of both – revenue and shipments.

This report is focused on giving a bird’s eye-view of the complete MM wave industry with regards to the products market with detailed market segmentations; combined with qualitative analysis at each and every aspect of the classifications done by semiconductors, components, frequency bands, frequency licensing nature, products, application verticals (sectors), sub-applications, and geography. All the numbers, both – revenue & volume, at every level of detail, are forecasted till 2018 to give a glimpse of the potential revenue base in this market.

Global mm wave technology market is expected to reach $1.18 billion by 2018, at an estimated CAGR of 59.10%; mobile backhaul in telecommunications will be the key application area for this market.

The agenda for the briefing includes discussion on key high growth markets, thereby marking the growth trend in the global millimeter wave technology market. Furthermore, a briefing will be conducted on the competitive scenario and geographic trends and opportunities in the macro-markets and micro-markets with respect to North America, Europe, Asia-Pacific, and ROW.


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