A Recent Study Says That Telecom Millimeter Wave Technology Market Will Make a Huge Impact In Near Future

(IT-NEWSWIRE.COM, November 30, 2017 ) Market Overview
The major factors driving the growth of the Telecom Millimeter Wave Technology industry include the surge in mobile data traffic with bandwidth-intensive applications, use in the small-cell backhaul network, demand for innovative application of radar and security products, and potential use in consumer electronics.
Telecom Millimeter Wave Technology -based telecommunication equipment held the largest market share in 2016. This is attributed to the surge in the number of mobile subscribers, resulting in the demand for efficient mobile backhaul solutions that can provide services to a large user base without degrading the connectivity and connection speed.
Market Outlook
The Telecom Millimeter Wave Technology for the mobile & telecom application is estimated to grow at the highest CAGR during the forecast period. The research and developments, and testing of 5G technology are anticipated to be the key factor contributing toward the growth of the market for the mobile & telecom application over the next five years. Increased government funding and initiatives, coupled with R&D activities carried out by the public and private sectors, are driving the market. E-band frequencies have extensive applications in the telecommunication sector and the segment is anticipated to generate the highest revenue over the forecast period, on account of its growing applications in the sector. Therefore, the overall telecom millimeter wave technology market is poised to witness a significant growth over the forecast period.
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Key Players:
This report studies the global Telecom Millimeter Wave Technology market, analyzes and researches the Telecom Millimeter Wave Technology development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
• Aviat Networks
• BridgeWave
• DragonWave
• E-Band
• ELVA-1
• INTRACOM TELECOM
• NEC
• Siklu
• Trex
Highlights of the report:
• A complete backdrop analysis, which includes an assessment of the market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the market
• Recommendations to companies for strengthening their foothold in the market
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Market Segments
Market segment by Type, the product can be split into
• Under 50 GHz
• Between 50 and 80 GHz
• Above 80 GHz
Market segment by Application, Telecom Millimeter Wave Technology can be split into
• Local area telecom
• Global telecom
Market segment by Regions/Countries, this report covers
• United States
• EU
• Japan
• China
• India
• Southeast Asia
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A Recent Study Says That Telecom Millimeter Wave Technology Market Will Make a Huge Impact In Near Future