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Rising Mobile Subscribers 2017: Global Millimeter Wave Technology Market Growing at a CAGR of 33.1% by 2024
Global Millimeter Wave Technology Market ? Industry Trends and Forecast to 2024
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Years considered for this report:
Historical Year: 2015
Base Year: 2016
Estimated Year: 2017
Forecast Period: 2017–2024
Global Millimeter Wave Technology Market, By Product (Scanner Systems, Telecommunication Equipment), By Frequency Band (8 GHz to 43 GHz, 43 GHz to 80 GHz, 80 GHz -300 GHz ), By License Type (Fully-licensed, light-licensed, and unlicensed frequency bands), By Type of Components (Antennas and Transceiver, Communications and Networking Components, Interface Components, Frequency Components and Related Components, Imaging Components), By Application (Mobile and Telecom, Military, Defense, and Aerospace, Automotive), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
The millimeter wave technology uses an extremely high frequency or very high frequency which is used for high-speed wireless broadband communications.
Global Millimeter Wave Technology Market: Market Segmentation
By product the millimeter wave technology market is segmented scanner systems, and telecommunication equipment.
By Frequency Band the market is segmented into 8 GHz to 43 GHz, 43 GHz to 80 GHz and 80 GHz -300 GHz.
On the basis of license type the market is segmented into fully-licensed, light-licensed, and unlicensed frequency bands.
By types of components the market is segmented into antennas and transceiver, communications and networking components, interface components, frequency components and related components, imaging components.
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On the basis of application the market is segmented into mobile and telecom, military, defense, and aerospace and automotive.
Global Millimeter Wave Technology Market: Key Drivers
• Growing Telecom Industry
• Growing Demand for Innovative Application of Radar and Security Products
• Growing Consumer Electronics Market
• Rising Mobile Subscribers
Global Millimeter Wave Technology Market: Major Market
Some of the major players operating in millimeter wave technology market are Sivers IMA, QuinStar Technology, Inc, Siklu Communication Ltd, Smiths Group plc, REMEC Broadband Wireless Networks LLC, E-Band Communications, LLC., L3 Technologies, Inc., Vubiq Networks, Inc, NEC India Pvt. Ltd., Renaissance Electronics & Communications, LLC, roxim Wireless, ELVA-1, CableFree, SAGE Millimeter, Inc., Millitech Inc., among others.
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