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The global Millimeter Wave (MMW) technology market size was USD 2.63 Billion in 2022 and is expected to register a rapid revenue CAGR of 22.3 % during the forecast period.  Evolution of MM Wave technology in the telecommunication sector and emerging Fifth Generation (5G) technology, development of wireless transmission base station, and increasing adoption of scanner systems based on millimeter wave technology at airports are key factors driving market revenue growth.

The Millimeter Wave Technology Market report also offers details about market size, market share, revenue growth, and CAGR during the forecast period. The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Millimeter Wave Technology market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Nokia, Qualcomm Technologies Inc., Huawei Technologies Co., Ltd., Fujitsu, Samsung, Intel Corporation, NEC Corporation, L3Hariss Technologies, Keysight Technologies, Siklu Communication Ltd., LM Erricson, ZTE Corporation, Anokiwave Inc., Mitsubishi Electric, MACOM, Cisco Systems Inc., NXP Semiconductors, Broadcomm, Vubiq Network Ltd., and Microsoft

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Emergen Research has segmented the global Millimeter Wave Technology market on the basis of type, application, end-use, and region:

• Components Outlook (Revenue, USD Billion; 2019-2032)

  • Antennas & Transceiver
  • Communications and Networking
  • Frequency and Related Components
  • Imaging Components
  • RF & Radio Components
  • Sensors and Controls
  • Others

• Product Outlook (Revenue, USD Billion; 2019-2032)

  • Scanner Systems
  • Radar and Satellite Communications Systems
  • Telecommunication Equipment

• License Outlook (Revenue, USD Billion; 2019-2032)

  • Light Licensed
  • Unlicensed Frequency
  • Fully Licensed Frequency

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

• Analysis and estimation of the Millimeter Wave Technology Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Millimeter Wave Technology Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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