Global Millimeter Wave Technology Equipment market grow Impressively at a CAGR of about 47.34% by 2020

The frequency range 30-300 GHz (wavelengths of the range 1-10 nm) is termed as the millimeter wave (MM wave). Based on International Telecommunication Union (ITU), this radio frequency is designated as the extremely high-frequency band. Millimeter wave bands are useful in peer-to-peer (P2P) connectivity, inter-satellite links, and point-to-multipoint communications.

Technavios analysts forecast the global millimeter wave technology equipment market to grow at a CAGR of 47.34% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global millimeter wave technology equipment market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of new millimeter wave technology equipment.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Millimeter Wave Technology Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
BridgeWave Communications
E-Band Communications
Siklu Communication
Sub10 Systems (Fastback Networks)

Other prominent vendors
Agilent Technologies
Aviat Networks
CableFree (Acquired by Wireless Excellence Ltd.)
Fujitsu
GigaBeam
Huawei Technologies
L-3 Communications Holdings
Lightpointe Communications
Loea
Brijot Imaging Systems, Inc. (Acquired by Microsemi)
Millitech
Millivision Technologies
Millimeter Wave Products
Northrop Grumman
Pulse~LINK
SIAE Microelettronica
Smiths Group
Sub10 Systems
Tensorcom
Vubiq Networks
Wasa

Market driver
Deployment of next-generation LTE wireless networks.
For a full, detailed list, view our report

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Market challenge
Signal distortion due to atmospheric conditions.
For a full, detailed list, view our report

Market trend
Inclination of telecom firms toward millimeter wave solutions.
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.