Get In Touch

Global Telecom Millimeter Wave (MMW) Technology Market: Overview

Millimeter waves are those part of the radio waves between wavelengths of ten to one millimeter. They are also referred as Extremely High Frequency (EHF) range. Telecom Millimeter Wave share the features of microwaves and far infrared waves since the wavelength ranges between these two waves. These waves usually propagate through line-of-sight and thus are subjected to high atmospheric attenuation as compared to lower bands. This technology is now being used in small cell mobile backhauls of base stations in developing metro network services over Telecom Millimeter Wave as they are capable of transferring data at high speeds and low latency despite the smaller antenna size. In wireless communications, frequency is a major factor that determines the feasibility of the technology. Millimeter wave technology (MMW) operates in an unregulated bandwidth that is available world-wide. Millimeter Wave technology is being rapidly adopted by users ranging from enterprise level data centers to single consumers with smart phones requiring higher bandwidth. The demand for newer technologies to deliver these higher data transmission rates has increased. The advancement in technologies over the past few years has enabled the widespread use of millimeter wave to address the challenges of lower frequency as well as high-speed communications.

Global Telecom Millimeter Wave (MMW) Technology Market: Drivers and Restraints

Increased government funding and initiatives, growing need for high-speed data transfer along with the overuse of the existing spectrum in the telecom sector and growing demand for bandwidth-intensive applications are some of the primary factors driving the growth of the global telecom millimeter wave (MMW) technology market. There are certain limitations that diminish its practical applications, since these waves are propagated through line-of-sight buildings, trees and other obstacles hamper its range and also its effectiveness. Specific devices compatible for telecom millimeter wave technology need to be developed as majority of the devices are compatible with microwaves. This in turn would drive the cost of overall product price. These are some of the factors hampering the growth of telecom millimeter wave (MMW) technology market. Millimeter waves are likely to play a vital role in the development of fifth-generation technology, owing to the need for higher-bandwidth. The research and developments as well as testing of 5G technology are certain key factors that is predicted to drive the growth of the telecom millimeter wave (MMW) technology market for the mobile & telecom application over the next few years to come. Efforts are being taken by many companies to upgrade their research and development activities to introduce innovations in this field.

Global Telecom Millimeter Wave (MMW) Technology Market: Key Segments

The global telecom millimeter wave (MMW) technology market is segmented on the basis of frequency band type, licensing nature, industry vertical, product and region. On the basis of frequency band type, the telecom millimeter wave (MMW) technology market is segmented into V-band, E-band and others. E-band frequencies have broad applications in the telecommunication sector. On the basis of licensing nature, the telecom millimeter wave (MMW) technology market is segmented into fully-licensed, light-licensed and unlicensed frequency bands. On the basis of industry vertical, the global telecom millimeter wave (MMW) technology market is segmented into telecommunications, defense, healthcare, security services, automotive, industrial, transportation as well as commercial & consumer. This technology is being increasingly used in unmanned aerial vehicles (UAVs) and unmanned surface vessels (USVs) for military and aerospace applications. On the basis of product, the telecom millimeter wave (MMW) technology market is segmented into scanner and imaging systems, MM RADAR and satellite communication systems, perimeter and surveillance RADAR, application-specific RADAR, satellite systems, MM telecommunication equipment, mobile back-haul equipment, sub-segments such as small-cell & macro-cell, enterprise and other networking equipment. Geographically, the telecom millimeter wave (MMW) technology market can be segmented into North America, Europe, Middle East & Africa, Latin America and Asia-Pacific.

Global Telecom Millimeter Wave (MMW) Technology Market: Key Players

Some of the key players operating in the global telecom millimeter wave (MMW) technology market are BridgeWave Communications, E-Band Communications, LLC, Siklu Communication Ltd, L3 Technologies, Inc., NEC Corporation, Renaissance Electronics & Communications (HXi), Smiths Group Plc., LightPointe Communications, Inc., Vubiq Networks, Inc., QuinStar Technology Inc., Proxim Wireless, ELVA-1 and Wireless Excellence Ltd. among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Telecom Millimeter Wave Technology Market

Pre Book