Thursday, 24 November 2016

Global Millimeter Wave Technology Equipment Market Research Report 2016-2020


Technavio Announces the Publication of its Research Report Global Millimeter Wave Technology Equipment Market 2016-2020

Technavio recognizes the following companies as the key players in the global millimeter wave technology equipment market: BridgeWave Communications, E-Band Communications, Siklu Communication, and Sub10 Systems (Fastback Networks).

Other prominent vendors in the market are: Agilent Technologies, Aviat Networks, CableFree (Acquired by Wireless Excellence Ltd.), Fujitsu, GigaBeam, Huawei Technologies, L-3 Communications Holdings, Lightpointe Communications, Loea, Brijot Imaging Systems, Inc. (Acquired by Microsemi), Millitech, Millivision Technologies, Millimeter Wave Products, Northrop Grumman, Pulse~LINK, SIAE Microelettronica, Smiths Group, Sub10 Systems, Tensorcom, Vubiq Networks, and Wasa.

Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is cellular network advancements. Smartphones, tablets, mobile hotspots, and data cards are the devices that are gaining popularity among individual consumers due to increasing access to mobile internet. Many telecom operators are planning to shutdown 2G connectivity by the end of this decade, which will increase the adoption of devices that are capable of 3G or 4G connections.”

According to the report, one of the primary drivers in the market is proliferation of smartphones and tablets. The global smartphone shipments amounted to about 1.4 billion units in 2015 and almost 1.3 billion units in 2014. This is a massive growth considering shipments of closed to 300 million smartphones in 2010. The global tablet market has also registered significant growth in shipments, from just 20 million units in 2010 to 289.4 million in 2015.

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Further, the report states that one major challenge in the market is range barrier in millimeter wave equipment. The major growth constraint for the millimeter wave technology equipment market is the range of the equipment. Millimeter wave equipment has short distance coverage of up to 3 km, depending on weather conditions. Some of the factors that affect its range are rainfall, humidity, and absorption by atmospheric oxygen. Moreover, the link prices are quite high, and there are no reductions for large-scale deployment. Vendors are working hard to bring down the implementation cost as there is a threat from other emerging technologies that can replace millimeter wave technology. One such emerging technology is free-space optics. Free-space optics offers full-duplex Gigabit Ethernet throughput. This technology does not require a license and can be implemented within 24 hours. Thus, millimeter wave technology faces tough competition on a global scale.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.


About Millimeter Wave Technology Equipment

The frequency range 30-300 GHz (wavelengths of the range 1-10 nm) is termed as the millimeter wave (MM wave). Based on International Telecommunication Union (ITU), this radio frequency is designated as the extremely high-frequency band. Millimeter wave bands are useful in peer-to-peer (P2P) connectivity, inter-satellite links, and point-to-multipoint communications.

Technavio’s analysts forecast the global millimeter wave technology equipment market to grow at a CAGR of 47.34% during the period 2016-2020.

Covered in this report 
The report covers the present scenario and the growth prospects of the global millimeter wave technology equipment market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of new millimeter wave technology equipment.

The market is divided into the following segments based on geography: 
• Americas
• APAC
• EMEA

Technavio's report, Global Millimeter Wave Technology Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
• BridgeWave Communications
• E-Band Communications
• Siklu Communication
• Sub10 Systems (Fastback Networks)

Other prominent vendors 
• Agilent Technologies
• Aviat Networks
• CableFree (Acquired by Wireless Excellence Ltd.)
• Fujitsu
• GigaBeam
• Huawei Technologies
• L-3 Communications Holdings
• Lightpointe Communications
• Loea
• Brijot Imaging Systems, Inc. (Acquired by Microsemi)
• Millitech
• Millivision Technologies
• Millimeter Wave Products
• Northrop Grumman
• Pulse~LINK
• SIAE Microelettronica
• Smiths Group
• Sub10 Systems
• Tensorcom
• Vubiq Networks
• Wasa

Market driver 
• Deployment of next-generation LTE wireless networks.
• For a full, detailed list, view our report 

Market challenge 
• Signal distortion due to atmospheric conditions.
• For a full, detailed list, view our report 

Market trend 
• Inclination of telecom firms toward millimeter wave solutions.
• For a full, detailed list, view our report 

Key questions answered in this report 
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors? 


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