The global millimeter wave technology market is estimated to grow from USD 1.0 billion in 2020 to USD 3.4 billion by 2025, at a CAGR of 26.4%. Increase in broadband and mobile speeds with growing utility and demand, rise in usage of millimeter wave in small-cell backhaul networks, and substantial demand in the use of millimeter wave technology in security and radar applications are among the factors driving the growth of this market.
A full report of Millimeter Wave Technology Market is available at: https://www.orionmarketreports.com/millimeter-wave-technology-market/11868/
Millimeter Wave Technology Market Key Segments:
By Component
• Antennas & transceiver components
• Frequency sources & related components
• Communication & networking components
• Imaging components
• RF & radio components
• Sensors & controls
• Interface components
• Power & battery components
• Other components
By Product
• Scanner systems
• Radar and satellite communication systems
• Telecommunication equipment
• Other products
By Frequency Band
• 24–57 GHz
• 57–86 GHz
• 86–300 GHz
By License Type
• Light licensed frequency millimeter wave
• Unlicensed frequency millimeter wave
• Fully licensed frequency millimeter wave
By Application
• Mobile & telecom
• Consumer & commercial
• Healthcare
• Industrial
• Automotive & transportation
• Imaging
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