USD 4.7 billion millimeter wave technology market size to accelerate at 20.8% CAGR by 2031

millimeter wave technology market

Millimeter Wave Technology Market Growth and Forecast Research 2022

The market size for millimeter wave technology is estimated to grow from US$1.8 billion in 2021 to US$4.7 billion in 2026 at a CAGR of 20.8%.

NEW YORK CITY, NEW YORK, UNITED STATES, Nov. 7, 2022 / — offers a complete understanding of the millimeter wave technology market in its latest research report. Millimeter Wave Technology Market Research helps newcomers to get accurate market data and also communicates with customers to understand their needs and preferences. The report includes competitor and region analysis along with the latest developments in the global markets. It provides an analysis of the outlook for the chemical and materials industry in the major global regions: North America, Latin America, Western Europe, Eastern Europe, South Asia, Southeast Asia, Northeast Asia and Australasia, the Middle East and North Africa, and Sub-Saharan Africa.

The research study also provides detailed insights into upcoming technological advances, R&D initiatives and new product expansion. Here, has outlined the top millimeter wave technology providers based on extensive research on their advanced features, user experience, and variety of content. Primary and secondary research were combined to create the detailed report. Analysts provide clients with objective perspectives on the global millimeter wave technology industry to help them make informed business decisions.

To learn more about drivers and challenges – Download a PDF sample here:

Years considered for the study:

Historical year: 2015-2020

Base year: 2021

Estimated year: 2022

Short term projection year: 2025

Estimated year – 2030

Long-term planned year – 2032

The TOP Key Market Players and Millimeter Wave Technology Market Share Analysis

This section includes Company Overview, Company Financials, Earned Revenue, Market Potential, Research and Development Investments, New Market Initiatives, Regional Presence, Company Strengths and Weaknesses, Product Launch, Product Breadth and Breadth, Application Dominance. The report has also analyzed the reputable companies of the market with some of the major players

Bridgewave communication
Keysight Technologies
sage millimeters
Siklu communication
aviation networks
Farran technology
millimeter wave products
Millivision Technologies
Vubiq Networks
E-band communication
Smiths group
L3 Technologies

Most important target group:

#1. Global companies in the millimeter wave technology market.

#2. research organizations and consulting firms.

#3. Organisations, associations and alliances related to the Millimeter Wave Technology industry.

#4. Government bodies such as regulators and policy makers.

#5. industry associations.

Market segmentation:

Segmentation 1: Market split by product type

24GHz 57GHz
57GHz 86GHz
86GHz 300GHz

Segmentation 2: millimeter wave technology market segmentation by application


Segmentation 3: Regional dominance

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia Pacific (China, Japan, Korea, India, Southeast Asia and Australia)

South America (Brazil, Argentina, Colombia and Rest of South America)

Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa and Rest of Middle East and Africa)

Purchase the full report to read the analyzed top vendors’ strategies to either hold or gain market share:

Additional Benefits: This report contained the following key points

1. Channel Partner Analysis and Opportunity Orbits

2. Manufacturer’s intensity map

3. Analysis of the effects of the Russia-Ukraine war

If you don’t find what you are looking for, please contact our custom research team at: [email protected]

Key questions answered in this report:

1. What is millimeter wave technology and how big is the millimeter wave technology industry?

2. What is the current market value of millimeter wave technology?

3. What is the current share of China and the US in the global millimeter wave technology market?

4. What are the key factors driving the growth of the millimeter wave technology market?

5. How will the millimeter wave technology market develop by 2031?

6. What are the types and applications of millimeter wave technology?

7. What are the key regions in the global millimeter wave technology market?

Interested in sourcing the data with actionable strategies and insights? Inquire here:

To prepare the table of contents, our analyst has thoroughly researched the following things:

Chapter 1. Industry Overview

The millimeter wave technology research work report provides a brief introduction to the global market definition, assumptions and research scope.

Chapter 2. Research Methodology [Enhanced edition]

Chapter 3. Scope of the report

This is the third most important chapter covering research objectives, years considered, economic indicators and currencies considered. It defines the entire scope of the millimeter wave technology report and the various facets it describes.

Chapter 4. Brief introduction by major type segments

This section of the report shows market growth for different types of products.

Chapter 5. Full Introduction by Main Application

This part has fully assessed the market potential of the major applications and identified future opportunities.

Chapter 6. Geographical Analysis

– 2015-2020 Regional Market Performance and Market Share

– North American market

– Asia Pacific market

– European market

– Market in Central and South America

– Middle East and Africa market

– Market for other regions

Chapter 7. Manufacturing Profiles

And many more chapter covers too…

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