Millimeter Wave Technology Market Size Worth $7.9 Billion by 2028
The millimeter wave technology market is anticipated to grow from USD 2.8 billion in 2023 to USD 7.9 billion by 2028, at a CAGR of 22.8% according to a new report by MarketsandMarkets™. Some key factors accrediting to the growth of millimeter wave technology market include increase in broadband and mobile speeds, rising use of millimeter wave in small-cell backhaul networks, and suging use for millimeter wave technology in security and radar applications in various industries.
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