Mm Wave 5G Market Projected Growth Rate Through 2023-2032

The mmWave 5G Global Market Report 2023, provides comprehensive information on the mmwave 5G market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s mmWave 5G Global Market Report 2023, the global mmWave 5G market size is expected to grow from $2.58 billion in 2022 to $2.99 billion in 2023 at a compound annual growth rate (CAGR) of 15.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The mmWave 5G market size is expected to grow to $5.19 billion in 2027 at a CAGR of 14.7%.

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The mmwave 5G market is segmented:

1) By Component: Hardware, Solutions, Services

2) By Bandwidth:  24GHz to 57GHz, 57GHz to 95GHz, 95GHz to 300GHz

3) By Use Case: eMBB, FWA, mMTC, URLLC

4) By Application: Real-time Surveillance Cameras, AR and VR, Industry 4.0, Live Streaming, Transport Connectivity, Ultra High-definition Video, Other Applications

5) By End User: Aerospace and Defense, Telecom, Media and Entertainment, Automotive and Transportation, Public Safety, Healthcare and Life Sciences, Other End Users

North America was the largest region in the mmwave 5G market in 2022.

The table of contents in TBRC’s mmwave 5G market report includes:

1. Executive Summary
2. mmWave 5G Market Characteristics
3. mmWave 5G Market Trends And Strategies
4. mmWave 5G Market – Macro Economic Scenario
5. mmWave 5G Market Size And Growth

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27. mmWave 5G Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The mmWave 5G Market
29. mmWave 5G Market Future Outlook and Potential Analysis
30. Appendix

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