Us 5G Millimeter Wave Equipment Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
5G Millimeter Wave Equipment Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 15 Billion by 2030, growing at a CAGR of 25% from 2024 to 2030.
The US 5G millimeter wave equipment market is poised for significant growth, driven by the increasing demand for faster and more reliable wireless communication. Millimeter waves, which fall in the frequency range of 24 GHz to 100 GHz, are becoming essential for 5G network infrastructure due to their ability to support high-speed data transfer and low latency. As telecom companies and service providers roll out 5G services across the country, the need for advanced millimeter wave equipment is surging, opening up vast opportunities for industry players.
The market is being fueled by key factors such as the growing adoption of 5G technology, the rising number of connected devices, and the continuous push for higher internet speeds. Moreover, the increasing use of the Internet of Things (IoT), smart cities, and autonomous vehicles requires robust, high-capacity networks, which millimeter waves can deliver. The US government’s support for 5G infrastructure development also plays a crucial role in accelerating the market's expansion. By 2026, the 5G millimeter wave equipment market is expected to witness significant advancements and a boost in adoption rates.
In the realm of 5G technology, millimeter wave equipment plays a vital role in expanding network coverage and improving user experience. These equipment types include antennas, transceivers, base stations, and amplifiers, all of which work together to enable fast data transmission across short ranges. The demand for these products is expected to grow significantly as telecom companies continue their investments in building high-performance 5G networks. For example, the deployment of 5G millimeter wave equipment in dense urban areas is anticipated to increase rapidly, as it helps overcome network congestion and ensures seamless service delivery.
Another key driver for this market’s growth is the emergence of the “100 Gigabit Fiber Optic Transceiver Market,” which is paving the way for enhanced data transmission speeds. The integration of 5G millimeter wave technology with fiber optic solutions promises even higher bandwidth capabilities, helping to future-proof the network infrastructure. As a result, the US 5G millimeter wave equipment market is expected to benefit from the synergies between these technologies.
Industry players are focusing on innovation and cost-effectiveness to stay competitive. With several telecom companies partnering with equipment manufacturers to deploy advanced 5G networks, the market is becoming increasingly fragmented. This competitive landscape is driving the adoption of next-gen equipment, ensuring better quality and higher customer satisfaction. Additionally, ongoing research and development efforts are leading to the introduction of new solutions aimed at enhancing the performance and energy efficiency of millimeter wave technology.
The future of the US 5G millimeter wave equipment market looks promising, with continued advancements in technology and growing demand from various sectors. By 2025, the market is expected to witness rapid growth, fueled by increasing investments and the ongoing rollout of 5G networks across the country.
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Ericsson
NOKIA
Qualcomm
Kumu Networks
Movandi
Casa Systems
Samsung
AT&T
SureCall
Pivotal Commware
FRTek
Huawei
ZTE
Netgear
Inseego
Fiberhome
Tozed Kangwei
Sansung
Wistron NeWeb Corporation (WNC)
Askey Computer
Zyxel
OPPO
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global 5G Millimeter Wave Equipment Market
Outdoor Deployment
Indoor Deployment
Hybrid Deployment
Transceivers
Antenna Systems
Base Stations
Amplifiers
Backhaul Devices
Telecommunications
Healthcare
Automotive
Smart Buildings and Cities
Industrial IoT
Telecom Operators
Government and Public Safety
Manufacturing
Entertainment and Media
Transportation and Logistics
24 GHz
28 GHz
39 GHz
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global 5G Millimeter Wave Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global 5G Millimeter Wave Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global 5G Millimeter Wave Equipment Market, By Type
6. Global 5G Millimeter Wave Equipment Market, By Application
7. Global 5G Millimeter Wave Equipment Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global 5G Millimeter Wave Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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