North America 5G Millimeter Wave Equipment Market was valued at USD 400 Million in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 24% from 2024 to 2030.
The rapid development of 5G technology is changing the landscape of communication, and in North America, the 5G millimeter wave equipment market is experiencing a significant boom. As industries across the region increasingly demand higher data speeds and lower latency, the adoption of 5G millimeter-wave (mmWave) technology is gaining momentum. These high-frequency signals offer massive bandwidth, making them ideal for supporting applications that require ultra-fast wireless communication, such as autonomous vehicles, IoT networks, smart cities, and virtual reality systems.
In particular, telecom operators are driving the demand for 5G mmWave equipment, as they seek to expand their coverage and enhance service capabilities. According to recent reports, North America’s 5G network infrastructure spending is expected to grow by over 25% annually. This growth is fuelled by advancements in 5G-enabled devices, spectrum allocation, and the increasing pressure on operators to provide faster speeds for emerging applications like smart homes and industrial automation.
Key industries, including healthcare, automotive, and manufacturing, are also emerging as major consumers of 5G mmWave equipment. Healthcare, for example, is benefiting from the high-speed connections enabled by mmWave networks, allowing for telemedicine, real-time remote surgeries, and enhanced medical data transmission. Similarly, the automotive sector is leveraging 5G to deploy vehicle-to-everything (V2X) communication, which is critical for self-driving cars to function autonomously in complex environments.
Moreover, 5G millimeter-wave technology is expected to play a pivotal role in industrial automation. Factories and supply chains are utilizing real-time data processing enabled by mmWave signals, enhancing efficiency, productivity, and safety. As industries move toward Industry 4.0, the demand for faster, reliable, and secure connections is pushing the market to evolve rapidly.
Ultimately, the future of North America’s 5G millimeter wave equipment market looks incredibly promising as industries continue to innovate and adopt new technologies that rely on this cutting-edge network infrastructure. The North America 5G Millimeter Wave Equipment Market is poised for remarkable growth in the coming years.
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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 North America 5G Millimeter Wave Equipment Market
39 GHz
28 GHz
26 GHz
Others
Based on Types the Market is categorized into Below types that held the largest 5G Millimeter Wave Equipment market share In 2023.
Millimeter Wave Repeater
Millimeter Wave CPE
Millimeter Wave Small Cells
Others
North America (United States, North America 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 North America 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. North America 5G Millimeter Wave Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America 5G Millimeter Wave Equipment Market, By Type
6. North America 5G Millimeter Wave Equipment Market, By Application
7. North America 5G Millimeter Wave Equipment Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America 5G Millimeter Wave Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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