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Increasing Data Consumption Drives the Global Millimeter Wave Equipment Market

Published: October 2017


  • Code: MCP-7310
  • Pages: 161
  • Tables: 32
  • Companies: 36


The global market for Millimeter Wave Equipment is projected to reach US$4.7 billion by 2024, driven by the active deployment of small cell backhaul networks; and increasing data consumption amid robust proliferation of high speed mobile data networks. The market is also expected to witness a surge in demand supported by the increase in the deployment of high capacity mobile backhaul solutions, following the rollout of 4G networks. The growth in the market is also poised to benefit from the recent launch of 802.11ad Wi-Fi standard designed to operate at 60 GHz speeds and the resulting opening up of large millimeter wave bandwidth opportunities. The United States represents the largest market worldwide. Asia-Pacific is forecast to witness the fastest growth with a CAGR of 48.4% over the analysis period led by factors such as developing telecom industry in Southeast Asian countries; large subscriber base of mobile internet users; proliferation of advanced mobile data technologies such as 4G and the upcoming 5G technology. 

    Summary of Findings

  • Defined as Spectrum Band Ranging from 30 GHz and 300 GHz, Millimeter Wave Spectrum and its Emerging Uses in High-Speed Wireless Communications to Drive Strong Demand for Millimeter Wave Equipment
  • The Need for Higher Frequency Spectrum to Accommodate Increases in Data Usage Drives Up the Importance of Millimeter Waves in Transmitting Large Amounts of Data, Conversely Driving Opportunities for Millimeter Wave Technology
  • Advanced 4G Technology Drives Demand for Mm-Wave Radios to Deliver High Capacities
  • Growing Demand for Mm-Waves in High Data Rate Links and for Personal Area Networking
  • Growing Interest in Tiered Network Cellular Architectures Spurs Opportunities for Outdoor Millimeter Wave Communications Via Beamforming for Wireless Backhaul and Access in Small Cell Networks

    Timeline for Analysis

  • Market Estimates and Forecasts for 2016-2024
  • Historic Review 2011-2015

    Geographic Markets Analyzed

  • US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific, and Rest of World


  • Aviat Networks, Inc.
  • BridgeWave Communications, Inc.
  • DragonWave, Inc.
  • E-Band Communications, LLC
  • ELVA-1 Millimeter Wave Division


  • Review of Industry/Market Structure
  • Analysis of Trends & Drivers
  • Insights on Macro Market Scenarios
  • Market SWOT Analysis
  • Latent Demand Forecasts & Projections
  • Comprehensive Geographic Market Analysis
  • Presentation Ready Facts & Statistical Data Findings
  • Coverage of Major/Niche Players, Market Shares & Competition
  • Coverage of major Company/Technology/Product/Financial Stories
  • Extensive Product/Service/End-Use/Technology Coverage Where Applicable