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Telecom Millimeter Wave Market Comprehensive Analysis | Key Players - Siklu Communication Ltd., Farran Technology Ltd., Millitech, Inc., NEC Corporation, E-Band Communications, LLC, Bridgewave Communications, Inc., Sage Millimeter, Inc.

10-12-2018 12:48 PM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Telecom Millimeter Wave Market Comprehensive Analysis | Key

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. In 2017, the E-band frequency band dominated the global telecom millimeter wave market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.

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The companies operating 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. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

The growing need for bandwidth intensive applications coupled with growing mobile data traffic has boosted the adoption of telecom millimeter wave. The rising penetration of mobile devices, and rising adoption of mobile-connected devices further support the growth of telecom millimeter wave market. Additionally, the increasing demand of telecom millimeter wave in small-cell backhaul networks has supported market growth over the years. Increasing investments by vendors in technological advancements, growing demand from consumer electronics, and exoanding applications in security applications would accelerate the adoption of telecom millimeter wave during the forecast period. However, adverse environmental impact, and range issues are expected to hinder the telecom millimeter wave market growth.

Growing demand from emerging economies, increasing adoption in autonomous vehicles, and use in 5G technology are expected to provide numerous growth opportunities in the coming years.

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North America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The presence of established telecom and cloud infrastructure in this region, and growing demand for mobility services drive the market growth in the region. The rising penetration of mobile devices, and technological advancements further support market growth in the region. The high penetration of 4G LTE, and the testing of 5G technology is expected to support market growth in this region during the forecast period.

Table OF Content – Snapshot: -

1. Overview and Scope
2. Executive Summary
3. Telecom Millimeter Wave Market Insights
4. Telecom Millimeter Wave Market Size and Forecast by Product, 2018-2026
5. Telecom Millimeter Wave Market Size and Forecast by Frequency Band, 2018-2026
6. Telecom Millimeter Wave Market Size and Forecast by End-User, 2018-2026
7. Telecom Millimeter Wave Market Size and Forecast by Region, 2018-2026
8. Company Profiles.

Read More Details @ https://www.polarismarketresearch.com/industry-analysis/telecom-millimeter-wave-market/

About us Polaris Market Research

Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.

We mainly focus on aiding our customers with substantial competitive intelligence, helping them to secure a competitive advantage in the market and accomplish sustainable growth in different market domains. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Through dedicated qualitative and quantitative primary and secondary market research and consulting assignments, we adeptly formulate competitive strategies to address business challenges for our clients through analyzing market trends and emerging technologies.

Contact us-

Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com

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