(MENAFN- America News Hour) Millimeter wave (MV) technology is an exclusive type of electromagnetic wave technology. These waves usually propagate through line-of-sight and hence are subjected to high atmospheric attenuation as compared to lower bands. These waves find extensive application in wireless communications and as such telecom industry benefits a lot from its evolution. This technology is now being used in small cell phones backhauls of base stations in developing metro network services over MMW as they are capable of transferring data at high speeds and low latency despite the smaller antenna size. The technical boom in mobile and telecom industries and display technologies being upgraded to QHD, 4K standards, increased usage of MMW in automobiles to achieve the dream of connected automobiles, etc. are driving the market for MMW as these waves can provide the necessary bandwidth to provide 5G services at transfer rates of up to 10GBPS. The viewpoints of remote correspondence, the millimeter wave for the most part involve recurrence extend between 30 GHz to 300 GHz.
How Big is The Global Millimeter Wave Technology Market?
The Global
is expected to be around US$ 4 Billion by 2031
at a CAGR of 35.2% in the given forecast period.
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