Global Millimeter Wave Technology Market Size to Reach USD 28.7 Billion in 2030 | Introspective Market Research
The Millimeter Wave Technology Market size is expected to grow from USD 2.9 Billion in 2022 to USD 28.7 Billion by 2030, at a CAGR of 33% during the forecast period.
Millimeter Wave (MMW) which is also known as millimeter band, E-band, V-band, or Millimeter Wave technology is the spectrum band with wavelengths ranging between 10 millimeters (30 GHz) and 1-millimeter (300 GHz) due to which Millimeter Wave Technology is called as the extremely high frequency (EHF) band by the International Telecommunication Union (ITU). Presently, mmW technology plays a very crucial rule of integrating with emerging high-end technologies like 5G & 6G, IEEE 802.11ad WiGig technology, and others. In such technologies, a wide range of devices and technologies exists for the delivery of high throughput, fibre optic cable were considered to be the highest standard. But, fiber optics remains unmatched, especially when all economic factors are considered. In the same scene, Millimeter wave wireless technology offers the potential to deliver bandwidth comparable to that of fibre optics but without the logistical and financial drawbacks of the deployments.
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The Millimeter Wave Technology Market size is expected to grow from USD 2.9 Billion in 2022 to USD 28.7 Billion by 2030, at a CAGR of 33% during the forecast period.
Millimeter Wave (MMW) which is also known as millimeter band, E-band, V-band, or Millimeter Wave technology is the spectrum band with wavelengths ranging between 10 millimeters (30 GHz) and 1-millimeter (300 GHz) due to which Millimeter Wave Technology is called as the extremely high frequency (EHF) band by the International Telecommunication Union (ITU). Presently, mmW technology plays a very crucial rule of integrating with emerging high-end technologies like 5G & 6G, IEEE 802.11ad WiGig technology, and others. In such technologies, a wide range of devices and technologies exists for the delivery of high throughput, fibre optic cable were considered to be the highest standard. But, fiber optics remains unmatched, especially when all economic factors are considered. In the same scene, Millimeter wave wireless technology offers the potential to deliver bandwidth comparable to that of fibre optics but without the logistical and financial drawbacks of the deployments.
Request a Free Sample of Millimeter Wave Technology Market Report:
https://introspectivemarke...
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