Millimeter Wave Technology Market Sees Surge in Data Traffic Loads
The global millimeter wave (mmWave) technology market size was estimated at USD 3.75 billion in 2023 and is expected to reach USD 38.55 billion by 2030, expanding at a CAGR of 39.7% from 2024 to 2030. Millimeter wave refers to the frequency spectrum ranging from 30 GHz to 300 GHz. The technology has gained traction due to its capability to deliver high data rates, ultra-low latency,...
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