Millimeter Wave Technology Market Report 2022: Exponential Increase in Data Traffic Key Booster of Revenues - ResearchAndMarkets.com
The global millimeter wave technology market is estimated to grow at a CAGR of 35.2% during forecast period (2022-2030).
- The global millimeter wave technology market is estimated to grow at a CAGR of 35.2% during forecast period (2022-2030).
- Global millimeter wave technology market is primarily driven by rising mobile data traffic, demand for bandwidth intensive applications and increasing adoption of millimeter wave in small cell backhaul networks.
- Global millimeter wave technology market has been segmented on the basis of products, frequency band, license type and by application.
- Mobile & Telecommunication leads the application segment in terms of revenue in global millimeter wave technology market with around 55.14% market share in 2019.