5G mmWave Technology Market to grow by USD 674.1 Mn by 2026, Segmentation by Application and Geography - Technavio
NEW YORK, Nov. 9, 2022 /PRNewswire/ -- The 5G mmWave technology market is set to grow by USD 674.1 million, progressing at a CAGR of 31.8% from 2021 to 2026. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Read Sample Report.
The rising demand for high-speed networks increased deployment of telecom infrastructure, and increasing use of wireless communication technologies and e-computing services will offer immense growth opportunities.
5G MmWave 2026: Segmentation
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5G mmWave Technology Market 2022-2026: Vendor Analysis and Scope
The global 5G mmWave technology market is fragmented and highly competitive. Prominent vendors are adopting growth strategies for improving their portfolio of products by integrating more optimized technology and increasing their market penetration by acquiring other companies. Vendors compete based on services and quality, apart from providing innovative products. Owing to the high level of innovation, vendors are investing in R&D to gain a competitive edge.
Some of these vendors include Anokiwave Inc., Aviat Networks Inc., Axxcss Wireless Solutions Inc., Cambium Networks Corp., Eravant, Farran, IgniteNet, Keysight Technologies Inc., Kyocera Corp., L3Harris Technologies Inc., Millimeter Wave Products Inc., NEC Corp., Proxim Wireless Corp., QuinStar Technology Inc., RAD Data Communications Ltd., Siklu Inc., Smiths Group Plc, Spacek Labs Inc., Trex Enterprises Corp., Vubiq Networks Inc., and Wireless Excellence Ltd.
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Free Sample Report.
The report also covers the following areas:
The increasing demand for fast networks is one of the main drivers boosting the 5G MmWave technology market. However, the market for 5G MmWave technology will face significant challenges during the projected period due to the ambiguous economic climate.
5G mmWave Technology Market 2022-2026: Key Highlights
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Table of contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Application
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
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