5G Mmwave Market Size, Share, Trends, Growth & Forecast 2034

5G Mmwave Market

5G Mmwave Market By Product (Scanning Systems, Radar and Satellite Communication Systems, Telecommunication Equipment, and Other), By Component (Antennas & Transceiver Components, Frequency Sources & Related, Communication & Networking Components, Imaging Components, Sensors & Controls, Interface Components, and Other), By Frequency Band (24-57 GHz, 57-95 GHz, 95-300 GHz), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034

Category: Semiconductor & Electronics Report Format : PDF Pages: 214 Report Code: ZMR-9997 Published Date: Oct-2025 Status : Published
Market Size in 2024 Market Forecast in 2034 CAGR (in %) Base Year
USD 3.69 Billion USD 11.34 Billion 15.05% 2024

5G Mmwave Market

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global 5G Mmwave Market, (2025 - 2034) (USD Billion )
    • 2.2 Global 5G Mmwave Market : snapshot
  • Chapter 3. Global 5G Mmwave Market - Industry Analysis
    • 3.1 5G Mmwave Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 The 5G mmwave market driven by the speedy expansion of smart cities and IoT ecosystems
    • 3.3 Market Restraints
      • 3.3.1. Adoption challenges and device compatibility negatively impact the market progress
    • 3.4 Market Opportunities
      • 3.4.1. Collaboration with cloud and edge computing providers create promising avenues for 5G mmwave industry growth
    • 3.5 Market Challenges
      • 3.5.1. Regulatory and spectrum allocation hurdles restrict the market growth
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Product
      • 3.7.2 Market attractiveness analysis By Component
      • 3.7.3 Market attractiveness analysis By Frequency Band
  • Chapter 4. Global 5G Mmwave Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global 5G Mmwave Market: company market share, 2024
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global 5G Mmwave Market - Product Analysis
    • 5.1 Global 5G Mmwave Market overview: By Product
      • 5.1.1 Global 5G Mmwave Market share, By Product, 2024 and 2034
    • 5.2 Scanning Systems
      • 5.2.1 Global 5G Mmwave Market by Scanning Systems, 2025 - 2034 (USD Billion )
    • 5.3 Radar and Satellite Communication Systems
      • 5.3.1 Global 5G Mmwave Market by Radar and Satellite Communication Systems, 2025 - 2034 (USD Billion )
    • 5.4 Telecommunication Equipment
      • 5.4.1 Global 5G Mmwave Market by Telecommunication Equipment, 2025 - 2034 (USD Billion )
    • 5.5 Other
      • 5.5.1 Global 5G Mmwave Market by Other, 2025 - 2034 (USD Billion )
  • Chapter 6. Global 5G Mmwave Market - Component Analysis
    • 6.1 Global 5G Mmwave Market overview: By Component
      • 6.1.1 Global 5G Mmwave Market share, By Component, 2024 and 2034
    • 6.2 Antennas & Transceiver Components
      • 6.2.1 Global 5G Mmwave Market by Antennas & Transceiver Components, 2025 - 2034 (USD Billion )
    • 6.3 Frequency Sources & Related
      • 6.3.1 Global 5G Mmwave Market by Frequency Sources & Related, 2025 - 2034 (USD Billion )
    • 6.4 Communication & Networking Components
      • 6.4.1 Global 5G Mmwave Market by Communication & Networking Components, 2025 - 2034 (USD Billion )
    • 6.5 Imaging Components
      • 6.5.1 Global 5G Mmwave Market by Imaging Components, 2025 - 2034 (USD Billion )
    • 6.6 Sensors & Controls
      • 6.6.1 Global 5G Mmwave Market by Sensors & Controls, 2025 - 2034 (USD Billion )
    • 6.7 Interface Components
      • 6.7.1 Global 5G Mmwave Market by Interface Components, 2025 - 2034 (USD Billion )
    • 6.8 Other
      • 6.8.1 Global 5G Mmwave Market by Other, 2025 - 2034 (USD Billion )
  • Chapter 7. Global 5G Mmwave Market - Frequency Band Analysis
    • 7.1 Global 5G Mmwave Market overview: By Frequency Band
      • 7.1.1 Global 5G Mmwave Market share, By Frequency Band, 2024 and 2034
    • 7.2 24–57 GHz
      • 7.2.1 Global 5G Mmwave Market by 24–57 GHz, 2025 - 2034 (USD Billion )
    • 7.3 57–95 GHz
      • 7.3.1 Global 5G Mmwave Market by 57–95 GHz, 2025 - 2034 (USD Billion )
    • 7.4 95–300 GHz
      • 7.4.1 Global 5G Mmwave Market by 95–300 GHz, 2025 - 2034 (USD Billion )
  • Chapter 8. 5G Mmwave Market - Regional Analysis
    • 8.1 Global 5G Mmwave Market Regional Overview
    • 8.2 Global 5G Mmwave Market Share, by Region, 2024 & 2034 (USD Billion )
    • 8.3. North America
      • 8.3.1 North America 5G Mmwave Market, 2025 - 2034 (USD Billion )
        • 8.3.1.1 North America 5G Mmwave Market, by Country, 2025 - 2034 (USD Billion )
    • 8.4 North America 5G Mmwave Market, by Product, 2025 - 2034
      • 8.4.1 North America 5G Mmwave Market, by Product, 2025 - 2034 (USD Billion )
    • 8.5 North America 5G Mmwave Market, by Component, 2025 - 2034
      • 8.5.1 North America 5G Mmwave Market, by Component, 2025 - 2034 (USD Billion )
    • 8.6 North America 5G Mmwave Market, by Frequency Band, 2025 - 2034
      • 8.6.1 North America 5G Mmwave Market, by Frequency Band, 2025 - 2034 (USD Billion )
    • 8.4. Europe
      • 8.4.2 Europe 5G Mmwave Market, 2025 - 2034 (USD Billion )
        • 8.4.2.1 Europe 5G Mmwave Market, by Country, 2025 - 2034 (USD Billion )
    • 8.4 Europe 5G Mmwave Market, by Product, 2025 - 2034
      • 8.4.1 Europe 5G Mmwave Market, by Product, 2025 - 2034 (USD Billion )
    • 8.5 Europe 5G Mmwave Market, by Component, 2025 - 2034
      • 8.5.1 Europe 5G Mmwave Market, by Component, 2025 - 2034 (USD Billion )
    • 8.6 Europe 5G Mmwave Market, by Frequency Band, 2025 - 2034
      • 8.6.1 Europe 5G Mmwave Market, by Frequency Band, 2025 - 2034 (USD Billion )
    • 8.5. Asia Pacific
      • 8.5.3 Asia Pacific 5G Mmwave Market, 2025 - 2034 (USD Billion )
        • 8.5.3.1 Asia Pacific 5G Mmwave Market, by Country, 2025 - 2034 (USD Billion )
    • 8.4 Asia Pacific 5G Mmwave Market, by Product, 2025 - 2034
      • 8.4.1 Asia Pacific 5G Mmwave Market, by Product, 2025 - 2034 (USD Billion )
    • 8.5 Asia Pacific 5G Mmwave Market, by Component, 2025 - 2034
      • 8.5.1 Asia Pacific 5G Mmwave Market, by Component, 2025 - 2034 (USD Billion )
    • 8.6 Asia Pacific 5G Mmwave Market, by Frequency Band, 2025 - 2034
      • 8.6.1 Asia Pacific 5G Mmwave Market, by Frequency Band, 2025 - 2034 (USD Billion )
    • 8.6. Latin America
      • 8.6.4 Latin America 5G Mmwave Market, 2025 - 2034 (USD Billion )
        • 8.6.4.1 Latin America 5G Mmwave Market, by Country, 2025 - 2034 (USD Billion )
    • 8.4 Latin America 5G Mmwave Market, by Product, 2025 - 2034
      • 8.4.1 Latin America 5G Mmwave Market, by Product, 2025 - 2034 (USD Billion )
    • 8.5 Latin America 5G Mmwave Market, by Component, 2025 - 2034
      • 8.5.1 Latin America 5G Mmwave Market, by Component, 2025 - 2034 (USD Billion )
    • 8.6 Latin America 5G Mmwave Market, by Frequency Band, 2025 - 2034
      • 8.6.1 Latin America 5G Mmwave Market, by Frequency Band, 2025 - 2034 (USD Billion )
    • 8.7. The Middle-East and Africa
      • 8.7.5 The Middle-East and Africa 5G Mmwave Market, 2025 - 2034 (USD Billion )
        • 8.7.5.1 The Middle-East and Africa 5G Mmwave Market, by Country, 2025 - 2034 (USD Billion )
    • 8.4 The Middle-East and Africa 5G Mmwave Market, by Product, 2025 - 2034
      • 8.4.1 The Middle-East and Africa 5G Mmwave Market, by Product, 2025 - 2034 (USD Billion )
    • 8.5 The Middle-East and Africa 5G Mmwave Market, by Component, 2025 - 2034
      • 8.5.1 The Middle-East and Africa 5G Mmwave Market, by Component, 2025 - 2034 (USD Billion )
    • 8.6 The Middle-East and Africa 5G Mmwave Market, by Frequency Band, 2025 - 2034
      • 8.6.1 The Middle-East and Africa 5G Mmwave Market, by Frequency Band, 2025 - 2034 (USD Billion )
  • Chapter 9. Company Profiles
    • 9.1 Qualcomm, Ericsson, Nokia, Samsung Electronics, Huawei, ZTE, Intel, Keysight Technologies, Verizon Communications, AT&T, T-Mobile, NTT Docomo, Fujitsu, NEC Corporation, MediaTek, and others.
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global 5G Mmwave Market, 2025 - 2034 (USD Billion )
  • 4. Porter’s Five Forces Analysis
  • 5. Global 5G Mmwave Market attractiveness, By Product
  • 6. Global 5G Mmwave Market attractiveness, By Component
  • 7. Global 5G Mmwave Market attractiveness, By Frequency Band
  • 8. Global 5G Mmwave Market share by Product, 2025 and 2034 (USD Billion )
  • 9. Global 5G Mmwave Market by Scanning Systems, 2025 - 2034 (USD Billion )
  • 10. Global 5G Mmwave Market by Radar and Satellite Communication Systems, 2025 - 2034 (USD Billion )
  • 11. Global 5G Mmwave Market by Telecommunication Equipment, 2025 - 2034 (USD Billion )
  • 12. Global 5G Mmwave Market by Other, 2025 - 2034 (USD Billion )
  • 13. Global 5G Mmwave Market share by Component, 2025 and 2034 (USD Billion )
  • 14. Global 5G Mmwave Market by Antennas & Transceiver Components, 2025 - 2034 (USD Billion )
  • 15. Global 5G Mmwave Market by Frequency Sources & Related, 2025 - 2034 (USD Billion )
  • 16. Global 5G Mmwave Market by Communication & Networking Components, 2025 - 2034 (USD Billion )
  • 17. Global 5G Mmwave Market by Imaging Components, 2025 - 2034 (USD Billion )
  • 18. Global 5G Mmwave Market by Sensors & Controls, 2025 - 2034 (USD Billion )
  • 19. Global 5G Mmwave Market by Interface Components, 2025 - 2034 (USD Billion )
  • 20. Global 5G Mmwave Market by Other, 2025 - 2034 (USD Billion )
  • 21. Global 5G Mmwave Market share by Frequency Band, 2025 and 2034 (USD Billion )
  • 22. Global 5G Mmwave Market by 24–57 GHz, 2025 - 2034 (USD Billion )
  • 23. Global 5G Mmwave Market by 57–95 GHz, 2025 - 2034 (USD Billion )
  • 24. Global 5G Mmwave Market by 95–300 GHz, 2025 - 2034 (USD Billion )
  • 25. Global 5G Mmwave Market share, by Region, 2025 and 2034
  • 26. North America 5G Mmwave Market, 2025 - 2034 (USD Billion )
  • 27. Europe 5G Mmwave Market, 2025 - 2034 (USD Billion )
  • 28. Asia Pacific 5G Mmwave Market, 2025 - 2034 (USD Billion )
  • 29. Latin America 5G Mmwave Market, 2025 - 2034 (USD Billion )
  • 30. The Middle-East and Africa 5G Mmwave Market, 2025 - 2034 (USD Billion )

Table Of Tables

  • 1. Global 5G Mmwave Market: Snapshot
  • 2. Drivers of the 5G Mmwave Market: impact analysis
  • 3. North America 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 4. North America 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 5. North America 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 6. U.S. 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 7. U.S. 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 8. U.S. 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 9. Canada 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 10. Canada 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 11. Canada 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 12. Europe 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 13. Europe 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 14. Europe 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 15. Germany 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 16. Germany 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 17. Germany 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 18. France 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 19. France 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 20. France 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 21. U.K. 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 22. U.K. 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 23. U.K. 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 24. Italy 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 25. Italy 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 26. Italy 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 27. Spain 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 28. Spain 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 29. Spain 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 30. Rest of Europe 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 31. Rest of Europe 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 32. Rest of Europe 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 33. Asia Pacific 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 34. Asia Pacific 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 35. Asia Pacific 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 36. China 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 37. China 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 38. China 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 39. Japan 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 40. Japan 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 41. Japan 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 42. India 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 43. India 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 44. India 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 45. South Korea 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 46. South Korea 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 47. South Korea 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 48. South-East Asia 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 49. South-East Asia 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 50. South-East Asia 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 51. Rest of Asia Pacific 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 52. Rest of Asia Pacific 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 53. Rest of Asia Pacific 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 54. Latin America 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 55. Latin America 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 56. Latin America 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 57. Brazil 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 58. Brazil 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 59. Brazil 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 60. Mexico 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 61. Mexico 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 62. Mexico 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 63. Rest of Latin America 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 64. Rest of Latin America 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 65. Rest of Latin America 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 66. The Middle-East and Africa 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 67. The Middle-East and Africa 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 68. The Middle-East and Africa 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 69. GCC Countries 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 70. GCC Countries 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 71. GCC Countries 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 72. South Africa 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 73. South Africa 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 74. South Africa 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )
  • 75. Rest of Middle-East Africa 5G Mmwave Market revenue, By Product, 2025 - 2034 (USD Billion )
  • 76. Rest of Middle-East Africa 5G Mmwave Market revenue, By Component, 2025 - 2034 (USD Billion )
  • 77. Rest of Middle-East Africa 5G Mmwave Market revenue, By Frequency Band, 2025 - 2034 (USD Billion )

Methodology

FrequentlyAsked Questions

5G mmwave refers to the extremely high-frequency bands (usually 24-100 GHz) in 5G networks to deliver ultra-fast wireless connectivity. These bands provide multi-gigabit data rates, high capacity, and ultra-low latency, making them suitable for dense urban areas, stadiums, smart factories, and autonomous mobility applications.

The global 5G mmwave market is projected to grow due to surging demand for ultra-low-latency connectivity, rising mobile data consumption and bandwidth needs, and the growing deployment of private 5G networks in enterprises.

According to a study, the global 5G mmwave market size was around USD 3.69 billion in 2024 and is expected to reach USD 11.34 billion by 2034.

The CAGR value of the 5G mmwave market is expected to be around 15.05% during 2025-2034.

Market trends and consumer preferences are shifting toward low-latency and ultra-fast connectivity for private networks, immersive applications, and high-capacity urban broadband.

Macroeconomic factors like interest rates, inflation, and operator CapEx constraints may slow large-scale deployments, but will not halt urban and enterprise 5G mmwave adoption.

North America is expected to lead the global 5G mmwave market during the forecast period.

The key players profiled in the global 5G mmwave market include Qualcomm, Ericsson, Nokia, Samsung Electronics, Huawei, ZTE, Intel, Keysight Technologies, Verizon Communications, AT&T, T-Mobile, NTT Docomo, Fujitsu, NEC Corporation, and MediaTek.

Stakeholders should focus on private 5G solutions, network densification, strategic partnerships, advanced RF innovation, and vertical-specific applications to remain competitive.

The report examines key aspects of the 5G mmwave market, including a detailed analysis of current growth drivers and constraints, as well as future growth opportunities and challenges.

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