Global Telecom Millimeter Wave Technology Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Frequency Band;

V-Band, E-Band, and Other Frequency Bands

By Licensing Type;

Fully-licensed, Light-licensed, and Unlicensed

By Component;

Antennas & Transceivers, Communication Equipment, Processing Units, Frequency Sources & Others

By Application;

Military and Civil

By End Use;

Telecom Providers, Government & Defense, Enterprises & Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn860103924 Published Date: May, 2025 Updated Date: July, 2025

Telecom Millimeter Wave Technology Market Overview

Telecom Millimeter Wave Technology Market (USD Million)

Telecom Millimeter Wave Technology Market was valued at USD 2,143.17 million in the year 2024. The size of this market is expected to increase to USD 14,341.45 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 31.2%.


Global Telecom Millimeter Wave Technology Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 31.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)31.2 %
Market Size (2024)USD 2,143.17 Million
Market Size (2031)USD 14,341.45 Million
Market ConcentrationLow
Report Pages312
2,143.17
2024
14,341.45
2031

Major Players

  • Aviat Networks, Inc.
  • BridgeWave Communications, Inc.
  • E-Band Communications, LLC
  • ELVA-1 and Wireless Excellence Ltd.
  • Farran Technology Ltd.
  • Keysight Technologies, Inc.
  • L3 Technologies, Inc.
  • LightPointe Communications, Inc.
  • Millitech, Inc.
  • NEC Corporation
  • Proxim Wireless

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Telecom Millimeter Wave Technology Market

Fragmented - Highly competitive market without dominant players


The Telecom Millimeter Wave Technology Market is witnessing rapid momentum as demand for high-bandwidth, low-latency communication accelerates. Nearly 62% of telecom providers are now deploying mmWave systems to handle escalating data traffic. Its utility in 5G backhaul and dense network environments underscores its growing strategic value.

Fueling Data-Heavy Use Cases
More than 58% of telecom consumers engage with data-intensive services such as video streaming, virtual reality, and real-time gaming. This has elevated the role of millimeter wave technology, which supports multi-gigabit transmission speeds essential for reducing congestion and enhancing user experiences across bandwidth-demanding platforms.

Vital for 5G and IoT Infrastructure
The rise of 5G and IoT ecosystems is pushing mmWave to the forefront, with around 65% of telecom system architects incorporating it into next-gen network designs. The technology facilitates ultra-low latency and high throughput essential for automation, smart infrastructure, and mission-critical communication applications.

Hardware Innovation Driving Adoption
Breakthroughs in beamforming, antenna arrays, and chip efficiency are driving performance gains in mmWave devices. Approximately 60% of hardware providers are focused on enhancing power efficiency and signal precision, positioning mmWave as a scalable solution for next-generation telecom infrastructure.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Frequency Band
    2. Market Snapshot, By Licensing Type
    3. Market Snapshot, By Component
      Market Snapshot, By Application
    4. Market Snapshot, By End Use
      Market Snapshot, By Region
  4. Telecom Millimeter Wave Technology Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Innovation in spectrum
        2. Increasing data demand
        3. Emerging 5G networks
        4. Advancements in technology
        5. Growing mobile traffic
      2. Restraints
        1. Limited coverage area
        2. Regulatory restrictions
        3. High deployment costs
        4. Interference concerns
        5. Spectrum scarcity issues
      3. Opportunities
        1. Vertical market expansion
        2. Rural connectivity solutions
        3. Integration with 5G
        4. Edge computing synergy
        5. Smart city initiatives
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Telecom Millimeter Wave Technology Market, By Frequency Band, 2021 - 2031 (USD Million)
      1. V-Band
      2. E-Band
      3. Other Frequency Bands
    2. Telecom Millimeter Wave Technology Market, By Licensing Type, 2021 - 2031 (USD Million)
      1. Fully-licensed
      2. Light-licensed
      3. Unlicensed
    3. Telecom Millimeter Wave Technology Market, By Component, 2021 - 2031 (USD Million)
      1. Antennas &Transceivers

      2. Communication Equipment

      3. Processing Units

      4. Frequency Sources

      5. Others

    4. Telecom Millimeter Wave Technology Market, By Application, 2021 - 2031 (USD Million)
      1. Military
      2. Civil
    5. Telecom Millimeter Wave Technology Market, By End Use, 2021 - 2031 (USD Million)
      1. Telecom Providers

      2. Government &Defense

      3. Enterprises

      4. Others

    6. Telecom Millimeter Wave Technology Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa

        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Aviat Networks, Inc.
      2. BridgeWave Communications, Inc.
      3. E-Band Communications, LLC
      4. ELVA-1 and Wireless Excellence Ltd.
      5. Farran Technology Ltd.
      6. Keysight Technologies, Inc.
      7. L3 Technologies, Inc.
      8. LightPointe Communications, Inc.
      9. Millitech, Inc.
      10. NEC Corporation
      11. Proxim Wireless
  7. Analyst Views
  8. Future Outlook of the Market