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The global telecom MMW technology market is projected to reach USD 4.23 billion by 2025LONDON, Jan. 30, 2018 /PRNewswire/ -- Download the full report: https://www.reportbuyer.com/product/5291722 Increased government funding and initiatives, coupled with R&D activities carried out by the public and private sectors, are driving the market. E-band frequencies have extensive applications in the telecommunication sector and the segment is anticipated to generate the highest revenue over the forecast period, on account of its growing applications in the sector. Therefore, the overall telecom millimeter wave technology market is poised to witness a significant growth over the forecast period. Further key findings from the report suggest: • North America accounted for the largest market share in 2016, owing to the early adoption of the technology in the region • U.S. generated the highest revenue in 2016 in the North America regional market • The E-band frequency segment is anticipated to witness significant growth over the forecast duration, owing to its extensive adoption in telecom applications • The E-band frequency segment is likely to witness significant demand in the telecom industry of the Asia Pacific region • The growing urbanization in the Asia Pacific region and competitive rivalry amongst the telecom service providers, for offering superior quality internet and other related services to increase customer base, are expected to drive the regional telecom MMW technology market • Online streaming of high-quality videos and online gaming, which require high bandwidth and consume large amounts of data, are likely to fuel the overall demand for MMW technology in the telecom sector • The prominent industry players operating in the global Millimeter Wave technology market are Siklu Communication Ltd., Bridgewave Communications, Inc., NEC Corporation, Keysight Technologies, Sage Millimeter, Inc., Lightpointe Communications, Inc., and others. Download the full report: https://www.reportbuyer.com/product/5291722 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/the-global-telecom-mmw-technology-market-is-projected-to-reach-usd-423-billion-by-2025-300590143.html SOURCE ReportBuyer |