How big is the Millimeter Wave Technology Market?

The Millimeter Wave Technology Market size is expected to reach USD 3.63 billion in 2024 and grow at a CAGR of 24.60% to reach USD 13.61 billion by 2030. Read More

What is the current Millimeter Wave Technology Market size?

In 2024, the Millimeter Wave Technology Market size is expected to reach USD 3.63 billion. Read More

Which is the fastest growing region in Millimeter Wave Technology Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2030). Read More

Which region has the biggest share in Millimeter Wave Technology Market?

In 2024, the North America accounts for the largest market share in Millimeter Wave Technology Market. Read More

What years does this Millimeter Wave Technology Market cover, and what was the market size in 2023?

In 2023, the Millimeter Wave Technology Market size was estimated at USD 2.74 billion. The report covers the Millimeter Wave Technology Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Millimeter Wave Technology Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Read More

Millimeter Wave Technology Market - Share, Size & Companies

Millimeter Wave Technology Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Millimeter Wave Technology Market Share and Analysis, and It is Segmented by Type of Component (Antennas and Transceiver, Communications & Networking Components, Interface, Frequency and Related Components, Imaging, and Other Components), Licensing Model (Fully/Partly Licensed and Unlicensed), and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Millimeter Wave Technology Industry Overview

The millimeter wave technology market is fragmented with the presence of major players like Siklu Communication Ltd (Ceragon Networks Ltd), Bridgewave Communications Inc. (Remec Broadband Wireless International), E-band Communications LLC (Axxcss Wireless Solutions Inc.), Millimeter Wave Products Inc., and Ducommun Incorporated. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

December 2023 - Eravant (SAGE Millimeter Inc.) received a patent related to a novel series of electrical connectors used in the rapidly growing field of millimeter-wave electronics. The patented devices are compatible with the existing coaxial interfaces. Uni-Guide waveguide connectors help component manufacturers offer a wide range of waveguide sizes and orientations using a reduced number of package designs.
August 2023 - Siklu, a global provider of millimeter wave (mmWave) solutions for Digital City and Gigabit Wireless Access (GWA), launched its new MultiHaul TG T261 terminal unit. The T261 mainly represents Siklu’s fourth addition to the MultiHaul TG family of point-to-multipoint 60 GHz products and is Terragraph (TG) certified.