Research and Markets (http://www.researchandmarkets.com/research/2bv3r2/global_millimeter)
has announced the addition of the "Global
Millimeter Wave Equipment Market 2014-2018" report to their
The Global Millimeter Wave Equipment market will grow at a CAGR of 61%
percent over the period 2013-2018.
Millimeter wave solutions transmit signals over radio waves at
wavelengths in the range of 1-10 mm. Such solutions find applications in
mobile backhaul around the world. Its applications at high bandwidth
have an edge over counterparts in terms of wireless broadband
transmission and range. Millimeter solutions offer high data capacity
and improved beam width, which enhances communications.
The Global Millimeter Wave Equipment market is driven by several
factors, of which the increasing needs for high-capacity mobile backhaul
solutions is one of the major drivers. There is an increase in demand
for faster uploading and downloading of large files (music and video
files) that are being used on a regular basis. These heavy applications
require high bandwidth, creating a demand for millimeter wav technology.
The world's largest telecom markets, by subscribers, are still in the
planning phase of adopting the LTE networks. The delay of deployments in
China can be explained by the delay in the spectrum allocation and
operators' strategy adoption of either of the two LTE types. On the
other hand, operators in the Indian Telecom industry are embroiled in a
number of legal, positional, and operations issues, distracting them
from adopting the most efficient data technology. However, once the
plans are materialized, which is expected to during the forecast period,
the two gigantic markets will project huge growth for the LTE
Infrastructure market. Likewise, the other emerging market will also
have a huge number of adoptions, as the LTE matures and becomes time
tested for such markets. Moreover, factors such as the economic slowdown
were looming over the Global LTE Infrastructure market, delaying the
purchase of the equipment. Given the high competition and reduction in
ARPU, the operators are expected to drift the market for their own good.
Further, the report states that one of the main challenges is the range
barrier in millimeter wave equipment. Millimeter wave equipment has a
short range up to 3 km, depending on the weather conditions.
Other Prominent Vendors
For more information visit http://www.researchandmarkets.com/research/2bv3r2/global_millimeter
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