Product Code: ETC4378682 | Publication Date: Jul 2023 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The United States mmWave 5G market is experiencing rapid growth driven by the increasing demand for high-speed, low-latency connectivity. mmWave technology enables significantly faster data speeds and enhanced network capacity, making it ideal for applications like augmented reality, virtual reality, and real-time gaming. Major telecommunications companies in the US, such as Verizon, AT&T, and T-Mobile, are actively deploying mmWave 5G networks in urban areas to provide next-generation connectivity to consumers and businesses. The US government`s focus on promoting 5G infrastructure development and innovation further propels the market growth. With the ongoing expansion of 5G coverage and the rollout of compatible devices, the US mmWave 5G market is poised for continued expansion and technological advancement.
The mmWave 5G market in the United States is experiencing significant growth driven by the increasing demand for high-speed and low-latency connectivity. Telecom companies like Verizon, AT&T, and T-Mobile have been aggressively expanding their mmWave 5G networks in urban areas to provide faster internet speeds and support emerging technologies such as IoT and augmented reality. The deployment of mmWave technology is also gaining traction in industries like healthcare, manufacturing, and automotive for applications requiring ultra-fast data transmission. With the ongoing spectrum auctions and investments in infrastructure, the US mmWave 5G market is poised for continued expansion, offering opportunities for network equipment providers, device manufacturers, and service providers to capitalize on the growing demand for advanced connectivity solutions.
In the US mmWave 5G market, several challenges are faced, including limited coverage and range due to the high-frequency nature of mmWave technology. The deployment of mmWave networks requires a higher density of small cells and infrastructure, which can be costly and time-consuming to implement, especially in rural or less densely populated areas. Additionally, mmWave signals are more susceptible to blockages from buildings, trees, and other obstacles, leading to potential service interruptions and reliability issues. Furthermore, the need for compatible devices with mmWave capabilities poses a challenge, as not all smartphones and devices currently support this technology. Addressing these challenges will be crucial for the widespread adoption and success of mmWave 5G networks in the US.
The US mmWave 5G market presents several promising investment opportunities for both established companies and new entrants. With the rollout of 5G networks gaining momentum, there is a growing demand for mmWave technology due to its ability to deliver ultra-fast speeds and low latency. Investors can consider opportunities in infrastructure development, such as building out small cell networks and upgrading existing infrastructure to support mmWave technology. Additionally, investing in companies that manufacture mmWave components, devices, and equipment can be lucrative as the market continues to expand. Collaborating with telecommunications providers to offer innovative solutions and services tailored to the mmWave 5G ecosystem is another avenue for investment in this dynamic and rapidly evolving market.
The US government has implemented several policies to facilitate the development and deployment of mmWave 5G technology. The Federal Communications Commission (FCC) has allocated spectrum bands specifically for 5G use, including high-frequency mmWave bands. Additionally, the FCC has streamlined regulations to expedite the deployment of 5G infrastructure, such as small cells and antennas. The government has also invested in research and development initiatives to drive innovation in the mmWave 5G market. Furthermore, various federal agencies, including the Department of Defense and the Department of Commerce, are working to address security concerns related to 5G technology, particularly in the context of foreign suppliers. Overall, the US government is taking a proactive approach to support the growth of the mmWave 5G market through spectrum allocation, regulatory reforms, investment in R&D, and security measures.
The future outlook for the United States mmWave 5G market is highly promising as the technology continues to expand and evolve. With mmWave 5G offering significantly faster speeds and lower latency compared to traditional 4G networks, there is a growing demand for its implementation across various industries. The rollout of mmWave 5G networks by major telecommunication companies in the US, coupled with increasing investments in infrastructure development, is expected to drive the market growth. Additionally, the adoption of mmWave 5G in applications such as autonomous vehicles, smart cities, IoT devices, and augmented reality is projected to further fuel market expansion. As consumer and enterprise demand for high-speed connectivity continues to rise, the US mmWave 5G market is poised for substantial growth 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 |
4.3 Market Restraints |
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 |
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 |