Global mmWave 5G Market Size, Share, Trends & Growth Analysis Report 2026-2034

Description

The mmWave 5G Market size is expected to reach USD 15.94 Billion in 2034 from USD 4.49 Billion (2025) growing at a CAGR of 15.12% during 2026-2034.

The mmWave 5G Market is poised for explosive growth as the demand for high-speed, low-latency connectivity escalates across various sectors. With the rollout of 5G networks, mmWave technology is set to revolutionize telecommunications by providing unprecedented data transfer rates and enhanced network capacity. This advancement will enable a plethora of applications, including augmented reality, virtual reality, and the Internet of Things (IoT), which require robust bandwidth and minimal latency. As industries increasingly adopt these technologies, the mmWave 5G Market will expand, driven by the need for seamless connectivity in urban environments and smart cities.

Moreover, the integration of mmWave technology into existing infrastructure is expected to accelerate market growth. Telecommunications providers are investing heavily in upgrading their networks to support mmWave frequencies, which can deliver faster speeds over shorter distances. This shift will necessitate the deployment of more base stations and small cells, enhancing coverage and reliability. As businesses and consumers alike demand faster and more reliable internet services, the mmWave 5G Market will see a surge in investment and innovation, paving the way for new business models and revenue streams.

Additionally, the growing emphasis on digital transformation across industries will further propel the mmWave 5G Market. As organizations seek to leverage advanced technologies for operational efficiency and customer engagement, the need for high-performance connectivity will become paramount. Future developments may include enhanced security features and improved energy efficiency in mmWave devices, addressing concerns related to data privacy and sustainability. As the mmWave 5G Market continues to evolve, companies that embrace these advancements will be well-positioned to capitalize on the opportunities presented by the next generation of wireless technology.

Our reports are meticulously crafted to provide clients with comprehensive and actionable insights into various industries and markets. Each report encompasses several critical components to ensure a thorough understanding of the market landscape:

Market Overview: A detailed introduction to the market, including definitions, classifications, and an overview of the industry's current state.

Market Dynamics: In-depth analysis of key drivers, restraints, opportunities, and challenges influencing market growth. This section examines factors such as technological advancements, regulatory changes, and emerging trends.

Segmentation Analysis: Breakdown of the market into distinct segments based on criteria like product type, application, end-user, and geography. This analysis highlights the performance and potential of each segment.

Competitive Landscape: Comprehensive assessment of major market players, including their market share, product portfolio, strategic initiatives, and financial performance. This section provides insights into the competitive dynamics and key strategies adopted by leading companies.

Market Forecast: Projections of market size and growth trends over a specified period, based on historical data and current market conditions. This includes quantitative analyses and graphical representations to illustrate future market trajectories.

Regional Analysis: Evaluation of market performance across different geographical regions, identifying key markets and regional trends. This helps in understanding regional market dynamics and opportunities.

Emerging Trends and Opportunities: Identification of current and emerging market trends, technological innovations, and potential areas for investment. This section offers insights into future market developments and growth prospects.

MARKET SEGMENTATION

By Component

Hardware
Solutions
Services

By Use Case

eMBB
FWA
mMTC
URLLC

By Application

Real-time Survilliance Cameras
AR/VR
Industry 4.0
Live Streaming
Transport Connectivity
Ultra High-defination Video
Other

By Bandwidth

24GHz to 57GHz
57GHz to 95GHz
95GHz to 300GHz

By End User

Aerospace and Defense
Telecom
Media and Entertainment
Automotive and Transportation
Public Safety
Healthcare and Life Sciences
Other

COMPANIES PROFILED

ATT, Verizon Communications Inc, SoftBank, NTT Docomo, Qualcomm, Samsung, Huawei, Nokia, Ericsson, AMD, Corning, Keysight Technologies, NXP Semiconductors, Fujitsu, Rakuten Mobile

We can customise the report as per your requriements

Product Code: VMR11219543

Chapter 1. PREFACE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1 Information Analysis
- 1.3.2 Market Formulation & Data Visualization
- 1.3.3 Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1 List of Data Sources

Chapter 2. EXECUTIVE SUMMARY

2.1. Market Snapshot
2.2. Segmental Outlook
2.3. Competitive Outlook

Chapter 3. MARKET VARIABLES, TRENDS, FRAMEWORK

3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Value Chain Analysis
3.4. Regulatory Framework
- 3.4.1 Standards & Compliance
- 3.4.2 Regulatory Impact Analysis
3.5. Market Dynamics
- 3.5.1 Market Drivers
- 3.5.2 Market Restraints
- 3.5.3 Market Opportunities
- 3.5.4 Market Challenges
3.6. Porter's Five Forces Analysis
3.7. PESTLE Analysis

Chapter 4. GLOBAL MMWAVE 5G MARKET: BY COMPONENT 2022-2034 (USD MN)

4.1. Market Analysis, Insights and Forecast Component
4.2. Hardware Estimates and Forecasts By Regions 2022-2034 (USD MN)
4.3. Solutions Estimates and Forecasts By Regions 2022-2034 (USD MN)
4.4. Services Estimates and Forecasts By Regions 2022-2034 (USD MN)

Chapter 5. GLOBAL MMWAVE 5G MARKET: BY USE CASE 2022-2034 (USD MN)

5.1. Market Analysis, Insights and Forecast Use Case
5.2. eMBB Estimates and Forecasts By Regions 2022-2034 (USD MN)
5.3. FWA Estimates and Forecasts By Regions 2022-2034 (USD MN)
5.4. mMTC Estimates and Forecasts By Regions 2022-2034 (USD MN)
5.5. URLLC Estimates and Forecasts By Regions 2022-2034 (USD MN)

Chapter 6. GLOBAL MMWAVE 5G MARKET: BY APPLICATION 2022-2034 (USD MN)

6.1. Market Analysis, Insights and Forecast Application
6.2. Real-time Survilliance Cameras Estimates and Forecasts By Regions 2022-2034 (USD MN)
6.3. AR/VR Estimates and Forecasts By Regions 2022-2034 (USD MN)
6.4. Industry 4.0 Estimates and Forecasts By Regions 2022-2034 (USD MN)
6.5. Live Streaming Estimates and Forecasts By Regions 2022-2034 (USD MN)
6.6. Transport Connectivity Estimates and Forecasts By Regions 2022-2034 (USD MN)
6.7. Ultra High-defination Video Estimates and Forecasts By Regions 2022-2034 (USD MN)
6.8. Other Estimates and Forecasts By Regions 2022-2034 (USD MN)

Chapter 7. GLOBAL MMWAVE 5G MARKET: BY BANDWIDTH 2022-2034 (USD MN)

7.1. Market Analysis, Insights and Forecast Bandwidth
7.2. 24GHz to 57GHz Estimates and Forecasts By Regions 2022-2034 (USD MN)
7.3. 57GHz to 95GHz Estimates and Forecasts By Regions 2022-2034 (USD MN)
7.4. 95GHz to 300GHz Estimates and Forecasts By Regions 2022-2034 (USD MN)

Chapter 8. GLOBAL MMWAVE 5G MARKET: BY END USER 2022-2034 (USD MN)

8.1. Market Analysis, Insights and Forecast End User
8.2. Aerospace and Defense Estimates and Forecasts By Regions 2022-2034 (USD MN)
8.3. Telecom Estimates and Forecasts By Regions 2022-2034 (USD MN)
8.4. Media and Entertainment Estimates and Forecasts By Regions 2022-2034 (USD MN)
8.5. Automotive and Transportation Estimates and Forecasts By Regions 2022-2034 (USD MN)
8.6. Public Safety Estimates and Forecasts By Regions 2022-2034 (USD MN)
8.7. Healthcare and Life Sciences Estimates and Forecasts By Regions 2022-2034 (USD MN)
8.8. Other Estimates and Forecasts By Regions 2022-2034 (USD MN)

Chapter 9. GLOBAL MMWAVE 5G MARKET: BY REGION 2022-2034(USD MN)

9.1. Regional Outlook
9.2. North America Market Analysis, Insights and Forecast, 2022-2034 (USD MN)
- 9.2.1 By Component
- 9.2.2 By Use Case
- 9.2.3 By Application
- 9.2.4 By Bandwidth
- 9.2.5 By End User
- 9.2.6 United States
- 9.2.7 Canada
- 9.2.8 Mexico
9.3. Europe Market Analysis, Insights and Forecast, 2022-2034 (USD MN)
- 9.3.1 By Component
- 9.3.2 By Use Case
- 9.3.3 By Application
- 9.3.4 By Bandwidth
- 9.3.5 By End User
- 9.3.6 United Kingdom
- 9.3.7 France
- 9.3.8 Germany
- 9.3.9 Italy
- 9.3.10 Russia
- 9.3.11 Rest Of Europe
9.4. Asia-Pacific Market Analysis, Insights and Forecast, 2022-2034 (USD MN)
- 9.4.1 By Component
- 9.4.2 By Use Case
- 9.4.3 By Application
- 9.4.4 By Bandwidth
- 9.4.5 By End User
- 9.4.6 India
- 9.4.7 Japan
- 9.4.8 South Korea
- 9.4.9 Australia
- 9.4.10 South East Asia
- 9.4.11 Rest Of Asia Pacific
9.5. Latin America Market Analysis, Insights and Forecast, 2022-2034 (USD MN)
- 9.5.1 By Component
- 9.5.2 By Use Case
- 9.5.3 By Application
- 9.5.4 By Bandwidth
- 9.5.5 By End User
- 9.5.6 Brazil
- 9.5.7 Argentina
- 9.5.8 Peru
- 9.5.9 Chile
- 9.5.10 South East Asia
- 9.5.11 Rest of Latin America
9.6. Middle East & Africa Market Analysis, Insights and Forecast, 2022-2034 (USD MN)
- 9.6.1 By Component
- 9.6.2 By Use Case
- 9.6.3 By Application
- 9.6.4 By Bandwidth
- 9.6.5 By End User
- 9.6.6 Saudi Arabia
- 9.6.7 UAE
- 9.6.8 Israel
- 9.6.9 South Africa
- 9.6.10 Rest of the Middle East And Africa

Chapter 10. COMPETITIVE LANDSCAPE

10.1. Recent Developments
10.2. Company Categorization
10.3. Supply Chain & Channel Partners (based on availability)
10.4. Market Share & Positioning Analysis (based on availability)
10.5. Vendor Landscape (based on availability)
10.6. Strategy Mapping

Chapter 11. COMPANY PROFILES OF GLOBAL MMWAVE 5G INDUSTRY

11.1. Top Companies Market Share Analysis
11.2. Company Profiles
- 11.2.1 AT&T
- 11.2.2 Verizon Communications Inc
- 11.2.3 SoftBank
- 11.2.4 NTT Docomo
- 11.2.5 Qualcomm
- 11.2.6 Samsung
- 11.2.7 Huawei
- 11.2.8 Nokia
- 11.2.9 Ericsson
- 11.2.10 AMD
- 11.2.11 Corning
- 11.2.12 Keysight Technologies
- 11.2.13 NXP Semiconductors
- 11.2.14 Fujitsu
- 11.2.15 Rakuten Mobile