Semiconductor

  Millimeter Wave Market Overview The Millimeter Wave Market is set to grow at a CAGR of 35.64% during the forecast period from 2019 to 2024. As per the market research report, the market will hit US$4364.9 million in terms of valuation by the end of 2024. The market growth will be driven by the increasing demand in radar and security applications. Based on the research report, the evolution of 5G in mobile broadband services will accelerate growth in the market till 2024. Although delays in the standardization of spectrum will have a negative impact on the global millimeter wave technology market’s growth during this period. The high cost associated with services is predicted to be a key challenge which could become a strong threat from 2019 to 2024 to companies. The market report published by expert analysts includes primary and secondary data and suggests that product type, frequency, end-users, license type, and component segments are anticipated to witness tremendous growth ti...