New York, 25, Oct 2019: The Telecom Millimeter Wave Market is anticipated to reach around USD
5,869 million by 2026 according to a new research published by Polaris Market
Research. In 2017, the E-band frequency band dominated the global telecom
millimeter wave market, in terms of revenue. North America is expected to be
the leading contributor to the global market revenue during the forecast
period.
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summary: https://www.polarismarketresearch.com/industry-analysis/telecom-millimeter-wave-market
The growing need
for bandwidth intensive applications coupled with growing mobile data traffic
has boosted the adoption of telecom millimeter wave. The rising penetration of
mobile devices, and rising adoption of mobile-connected devices further support
the growth of telecom millimeter wave market. Additionally, the increasing
demand of telecom millimeter wave in small-cell backhaul networks has supported
market growth over the years.
Increasing
investments by vendors in technological advancements, growing demand from
consumer electronics, and exoanding applications in security applications would
accelerate the adoption of telecom millimeter wave during the forecast period.
However, adverse environmental impact, and range issues are expected to hinder
the telecom millimeter wave market growth. Growing demand from emerging
economies, increasing adoption in autonomous vehicles, and use in 5G technology
are expected to provide numerous growth opportunities in the coming years.
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research report @ https://www.polarismarketresearch.com/industry-analysis/telecom-millimeter-wave-market/request-for-sample
North America generated the
highest revenue in the market in 2017, and is expected to lead the global market throughout
the forecast period. The presence of established telecom and cloud infrastructure
in this region, and growing demand for mobility services drive the market
growth in the region. The rising penetration of mobile devices, and
technological advancements further support market growth in the region. The
high penetration of 4G LTE, and the testing of 5G technology is expected to
support market growth in this region during the forecast period.
The companies operating in
the telecom millimeter wave market include Siklu Communication Ltd., Farran
Technology Ltd., Millitech, Inc., NEC Corporation, E-Band Communications, LLC,
Bridgewave Communications, Inc., Sage Millimeter, Inc., Keysight Technologies,
Inc., LightPointe Communications, Inc., and Smiths Group PLC. These companies
launch new products and collaborate with other market leaders to innovate and
launch new products to meet the increasing needs and requirements of consumers
.
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About Polaris Market Research
Polaris Market
Research is a global market research and consulting company. We provide
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specializes in providing exceptional market intelligence and in-depth business
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industries of healthcare, technology, semi-conductors and chemicals among
various other industries present around the world.
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Research
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