KEY INSIGHTS
Government approvals for trials of millimeter wavebands with the help of the millimeter wave technology coupled with rising mobile data traffic, is expected to boost the market Asia-Pacific during the forecast period of 2019-2027. Between these projected years, the market is likely to grow with a CAGR of 31.38%.

Market Insights
The segmentation of this market is carried over into components, application, license type, frequency and product, and services. The geographical segmentation of the market is done into China, India, Japan, South Korea, Australia and Rest of Asia-Pacific. A significant CAGR is expected from the Japan MMW technology market.

The NEC Corporation (Japan), along with UK operators such as EE limited and BT group, decided to work with the University of Salford to test the performance of vital millimeter-wave mobile backhaul technology for 5G and 4G networks. Such initiatives are profoundly contributing to market expansion.

Competitive Insights
Companies like Proxim Wireless Corporation (Acquired By Terabeam), Fujitsu Limited, NEC Corporation, Sivers Ima, Millitech Inc. (Acquired By Smith Group), Bridgewave Communications, Inc., Aviat Networks, Inc., Quinstar Technology Inc., Siklu Communication Ltd, E-Band Communications, LLC, Sage Millimetre, Trex Enterprises Corporation, Farran Technology Ltd., Lightpointe Communications, Inc., and Keysight Technologies, Inc. are mentioned in the report.