What is Telecom Millimeter Wave Technology?
Telecom Millimeter Wave Technology refers to the range of frequencies between 30 and 300 GHz. This band, which is sandwiched between microwave and infrared waves, can be exploited for high-speed wireless communications, as evidenced by the current 802.11ad Wi-Fi standard. There is one main disadvantage to using millimetre waves. Structures and other impediments are not penetrated by millimetre waves. These signals can be absorbed by foliage or rain. This is also why, in order to improve traditional cell tower infrastructure, 5G networks will have to use compact base stations. High Cost of Technology is another major limiting factor. Although emergence of new 5g technology presents huge potential for the growth of the telecom millimetre wave technology. Currently, North America and Asia Pacific are two major markets of the telecom millimetre wave technology.
The market study is broken down and major geographies with country level break-up.
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AT&T Inc. (United States), Verizon Communications Inc. (United States), T-Mobile (Germany), NEC Corporation (Japan), Siklu Communication (Israel), Aviat Networks (United States), Farran Technologies (Ireland), Axxcss Wireless Solutions (United States), Smiths Group (United Kingdom), Eravant (United States) and L3HARRIS (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Millimeter Wave Products (United States), E-band Communications LLC (United States) and LightPointe Communications, Inc. (United States).
AdvanceMarketAnalytics has segmented the market of Global Telecom Millimeter Wave Technology market by Type, Application and Region.
On the basis of geography, the market of Telecom Millimeter Wave Technology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Licencing, the sub-segment i.e. Fully-licensed will boost the Telecom Millimeter Wave Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Military will boost the Telecom Millimeter Wave Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Antennas and Transceiver Components will boost the Telecom Millimeter Wave Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Frequency Brand, the sub-segment i.e. V-Band will boost the Telecom Millimeter Wave Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2019, Verizon Communications Inc., an American multinational telecommunications conglomerate has announced deals to purchase licenses of millimetre wave spectrum from a variety of smaller spectrum owners. This comes in addition to earlier half a billion USD spending on the FCC auctioned millimeter-wave (mmWave) spectrum. The purchases are in line with growing demand by users as operators are not able to meet up with the demand.
In 2017, AT&T Inc., a United States based multinational conglomerate holding company specialised in Telecommunication equipment and technology has announced acquisition of FiberTower and its millimeter wave (mmWave) spectrum assets. FiberTower owns extensive network of mmWave spectrum in the 24 GHz and 39 GHz bands. The acquisition strategically benefits to expand AT&Tís 5G technological solutions.
- E Band Accounts for Larger Market Share
- Advancement in the Communication and Telecom Technology
- Increasing Demand for Higher Broadband and Mobile Data Speeds
- Emergence and Rising Investments in 5G Technology
- High Cost of Deployment Compared to Other Wave Forms of Telecom Technology Limiting its Market Prospectus only to Large Organisations
- Interoperability between Different Systems and Devices Remains a Major Limiting Factor
Key Target AudienceTelecom Millimeter Wave Technology Developers and Providers, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as AT&T Inc. (United States), Verizon Communications Inc. (United States), T-Mobile (Germany), NEC Corporation (Japan), Siklu Communication (Israel), Aviat Networks (United States), Farran Technologies (Ireland), Axxcss Wireless Solutions (United States), Smiths Group (United Kingdom), Eravant (United States) and L3HARRIS (United States) etc.
2. Can we have customized study for Telecom Millimeter Wave Technology Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Telecom Millimeter Wave Technology Market by 2026?
Analysts at AMA estimates Telecom Millimeter Wave Technology Market to reach USD Million by 2026.