Last Updated: 23-07-2025 | Format: PDF | Report ID:10293 | Author: Clara
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | Revenue (USD Million) |
| What is the projected market size by 2035? | $15,200 Million |
| What is the market CAGR from 2025 to 2035? | 11.9% |
| Which region dominates the market? | China (41%) |
| Which product/service type dominates the market? | Hardware (56%) |
| Which application leads the market? | Telecommunications (52%) |
| Who are the major buyers? | Telecom Operators (49%), Industrial Enterprises (33%) |
| What are the key market growth drivers? | Accelerated 5G Deployment in Developed APAC Economies: Companies like Samsung Electronics and Huawei are heavily investing to expand 5G infrastructure; Rising Demand for High-Speed Connectivity and IoT: Surge in smart devices and industrial IoT |
| What are the major market challenges? | High Infrastructure and Deployment Costs: Building dense mmWave networks for sufficient coverage is capital intensive; Spectrum Regulatory Barriers: Market entry is hindered by complex spectrum allocation processes |
| What is the forecast period? |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| 2026–2035 |
| Who are the key market players? | Qualcomm, Huawei, Samsung Electronics, Nokia, Ericsson, ZTE Corporation, NEC Corporation, Fujitsu, NXP Semiconductors, MediaTek, Qorvo, Murata Manufacturing, Broadcom, Keysight Technologies, Rohde & Schwarz |
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