Key Findings
The North America millimeter wave technology market finds its application in mobile & telecommunication, consumer and commercial, healthcare and others. Over the forecast years of 2019-2027, this market is expected to rise with a CAGR of 31.67%.
Market Insights
North America millimeter wave technology market mainly covers the economic contribution countries such as the United States and Canada.
The propagation of smart TVs, high adoption of smartphones, and emerging technologies such as the IoT will drive the regional market during the forecast period. Furthermore, the growing proliferation of smartphones and 4G network has boosted the demand for more spectrum space in the telecom sector, driving the millimeter wave technology market in the region.
Government support for promoting 5G technologies is augmenting the market demand in this region. Rising mobile data traffic is also hugely impacting the growth of the millimeter wave technology market in North America. However, range barriers in this technology and non-uniform and fragmented licensing practices are challenging the market growth.
Competitive Insights
Major market players like Trex Enterprises Corporation, Millitech Inc. (Acquired By Smith Group), Siklu Communication Ltd., E-Band Communications, Llc, Aviat Networks, Inc, NEC Corporation, Farran Technology Ltd., Quinstar Technology Inc., Lightpointe Communications, Inc., Sage Millimetre, Fujitsu Limited, Proxim Wireless Corporation (Acquired By Terabeam), Bridgewave Communications, Inc., Sivers Ima, and Keysight Technologies, Inc. are operating in the region which are profiled in the report.