Product Code: ETC4378682 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The United States mmWave 5G market is experiencing significant growth driven by the increasing demand for high-speed and low-latency connectivity. mmWave technology enables faster data speeds and greater network capacity, making it ideal for applications such as video streaming, online gaming, and virtual reality. Major telecom operators in the US, including Verizon, AT&T, and T-Mobile, are investing heavily in mmWave infrastructure to expand their 5G networks. The deployment of mmWave 5G technology is primarily concentrated in urban areas to meet the growing data demands of consumers and businesses. However, challenges such as limited coverage and signal propagation issues in dense urban environments are being addressed through the deployment of small cells and other network optimization strategies. Overall, the US mmWave 5G market is poised for continued growth as the technology matures and becomes more widespread.
In the United States, the mmWave 5G market is experiencing significant growth, driven by the increasing demand for high-speed connectivity and low latency in various industries. Telecom companies are aggressively deploying mmWave technology to enhance network capacity and performance, especially in dense urban areas. The rollout of mmWave 5G networks is enabling new applications such as augmented reality, virtual reality, and autonomous vehicles, further fueling the market growth. Additionally, the adoption of mmWave 5G is expected to revolutionize the Internet of Things (IoT) ecosystem by enabling massive connectivity and supporting the development of smart cities and industries. As more devices become 5G-enabled and consumers seek faster and more reliable connectivity, the mmWave 5G market in the US is poised for continued expansion in the coming years.
The US mmWave 5G market faces several challenges, including limited coverage due to the high-frequency nature of mmWave signals, which have shorter range and are easily blocked by obstacles like buildings and trees. This results in the need for a dense network of small cells to ensure consistent connectivity, leading to higher deployment costs. Additionally, the deployment of mmWave 5G requires significant infrastructure upgrades, such as new towers and equipment, which can be time-consuming and costly. Furthermore, there are concerns regarding the potential health risks associated with mmWave frequencies, leading to regulatory challenges and public skepticism. Overall, addressing these challenges is crucial for the successful rollout and adoption of mmWave 5G technology in the US market.
The US mmWave 5G market presents a range of investment opportunities across various sectors. Infrastructure providers stand to benefit from the growing demand for 5G network deployment, including companies involved in tower construction, small cell deployment, and equipment manufacturing. Telecommunications companies are also investing heavily in upgrading their networks to support mmWave technology, presenting opportunities for both established players and new market entrants. Additionally, there is potential for investment in technology firms developing mmWave-enabled devices and applications, as the increased data speeds and low latency of mmWave 5G will drive demand for innovative products and services. Overall, the US mmWave 5G market offers diverse investment opportunities for those looking to capitalize on the next wave of wireless technology advancement.
The US government has implemented several key policies to support the development and deployment of mmWave 5G technology. The Federal Communications Commission (FCC) has allocated significant spectrum resources for mmWave bands, enabling operators to build high-speed 5G networks. Additionally, the FCC has streamlined regulations to facilitate faster deployment of small cells and infrastructure necessary for mmWave technology. The US government has also invested in research and development initiatives to drive innovation in the mmWave 5G market, including funding for testing and demonstration projects. Overall, these policies aim to promote the widespread adoption of mmWave 5G technology in the US, fostering economic growth and technological advancement.
The future outlook for the United States mmWave 5G market is highly promising, characterized by rapid growth and adoption. With the increasing demand for high-speed data connectivity and low latency, mmWave technology is set to play a pivotal role in unlocking the full potential of 5G networks. The deployment of mmWave infrastructure by major telecom operators, advancements in technology, and the proliferation of 5G-enabled devices are expected to drive market expansion. Industries such as healthcare, manufacturing, automotive, and entertainment are poised to leverage the capabilities of mmWave 5G for transformative applications like augmented reality, autonomous vehicles, and IoT. As regulatory barriers are addressed, investments in network infrastructure continue to rise, and consumer awareness grows, the US mmWave 5G market is projected to witness substantial growth and innovation in the coming years.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) mmWave 5G Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) mmWave 5G Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) mmWave 5G Market - Industry Life Cycle |
3.4 United States (US) mmWave 5G Market - Porter's Five Forces |
3.5 United States (US) mmWave 5G Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 United States (US) mmWave 5G Market Revenues & Volume Share, By Use Case, 2021 & 2031F |
3.7 United States (US) mmWave 5G Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 United States (US) mmWave 5G Market Revenues & Volume Share, By Bandwidth, 2021 & 2031F |
3.9 United States (US) mmWave 5G Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 United States (US) mmWave 5G Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-speed internet services and data-intensive applications. |
4.2.2 Technological advancements in 5G infrastructure and mmWave technology. |
4.2.3 Growing adoption of IoT devices and smart technologies driving the need for faster and more reliable connectivity. |
4.3 Market Restraints |
4.3.1 High initial infrastructure costs for deploying mmWave 5G networks. |
4.3.2 Limited coverage area due to the shorter range of mmWave signals. |
4.3.3 Regulatory challenges and spectrum availability issues impacting network deployment and expansion. |
5 United States (US) mmWave 5G Market Trends |
6 United States (US) mmWave 5G Market, By Types |
6.1 United States (US) mmWave 5G Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 United States (US) mmWave 5G Market Revenues & Volume, By Component, 2021 - 2031F |
6.1.3 United States (US) mmWave 5G Market Revenues & Volume, By Hardware, 2021 - 2031F |
6.1.4 United States (US) mmWave 5G Market Revenues & Volume, By Solutions, 2021 - 2031F |
6.1.5 United States (US) mmWave 5G Market Revenues & Volume, By Services, 2021 - 2031F |
6.2 United States (US) mmWave 5G Market, By Use Case |
6.2.1 Overview and Analysis |
6.2.2 United States (US) mmWave 5G Market Revenues & Volume, By eMBB, 2021 - 2031F |
6.2.3 United States (US) mmWave 5G Market Revenues & Volume, By FWA, 2021 - 2031F |
6.2.4 United States (US) mmWave 5G Market Revenues & Volume, By mMTC, 2021 - 2031F |
6.2.5 United States (US) mmWave 5G Market Revenues & Volume, By URLLC, 2021 - 2031F |
6.3 United States (US) mmWave 5G Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United States (US) mmWave 5G Market Revenues & Volume, By Real-time Survilliance Cameras, 2021 - 2031F |
6.3.3 United States (US) mmWave 5G Market Revenues & Volume, By AR/VR, 2021 - 2031F |
6.3.4 United States (US) mmWave 5G Market Revenues & Volume, By Industry 4.0, 2021 - 2031F |
6.3.5 United States (US) mmWave 5G Market Revenues & Volume, By Live Streaming, 2021 - 2031F |
6.3.6 United States (US) mmWave 5G Market Revenues & Volume, By Transport Connectivity, 2021 - 2031F |
6.3.7 United States (US) mmWave 5G Market Revenues & Volume, By Ultra High-defination Video, 2021 - 2031F |
6.4 United States (US) mmWave 5G Market, By Bandwidth |
6.4.1 Overview and Analysis |
6.4.2 United States (US) mmWave 5G Market Revenues & Volume, By 24GHz to 57GHz, 2021 - 2031F |
6.4.3 United States (US) mmWave 5G Market Revenues & Volume, By 57GHz to 95GHz, 2021 - 2031F |
6.4.4 United States (US) mmWave 5G Market Revenues & Volume, By 95GHz to 300GHz, 2021 - 2031F |
6.5 United States (US) mmWave 5G Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 United States (US) mmWave 5G Market Revenues & Volume, By Aerospace and Defense, 2021 - 2031F |
6.5.3 United States (US) mmWave 5G Market Revenues & Volume, By Telecom, 2021 - 2031F |
6.5.4 United States (US) mmWave 5G Market Revenues & Volume, By Media and Entertainment, 2021 - 2031F |
6.5.5 United States (US) mmWave 5G Market Revenues & Volume, By Automotive and Transportation, 2021 - 2031F |
6.5.6 United States (US) mmWave 5G Market Revenues & Volume, By Public Safety, 2021 - 2031F |
6.5.7 United States (US) mmWave 5G Market Revenues & Volume, By Healthcare and Life Sciences, 2021 - 2031F |
7 United States (US) mmWave 5G Market Import-Export Trade Statistics |
7.1 United States (US) mmWave 5G Market Export to Major Countries |
7.2 United States (US) mmWave 5G Market Imports from Major Countries |
8 United States (US) mmWave 5G Market Key Performance Indicators |
8.1 Average data transfer speeds achieved on mmWave 5G networks. |
8.2 Number of mmWave 5G base stations deployed across key urban areas. |
8.3 Latency reduction achieved by mmWave 5G technology. |
8.4 Percentage increase in the number of connected IoT devices leveraging mmWave 5G networks. |
9 United States (US) mmWave 5G Market - Opportunity Assessment |
9.1 United States (US) mmWave 5G Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 United States (US) mmWave 5G Market Opportunity Assessment, By Use Case, 2021 & 2031F |
9.3 United States (US) mmWave 5G Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 United States (US) mmWave 5G Market Opportunity Assessment, By Bandwidth, 2021 & 2031F |
9.5 United States (US) mmWave 5G Market Opportunity Assessment, By End User, 2021 & 2031F |
10 United States (US) mmWave 5G Market - Competitive Landscape |
10.1 United States (US) mmWave 5G Market Revenue Share, By Companies, 2024 |
10.2 United States (US) mmWave 5G Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |