#Millimeter Wave Technology Market Trends

[insightreportsunivdatos]

Millimeter Wave Technology Market Size, Share, Growth, Trends and Forecast 2024-2032

Millimeter Wave Technology: An Overview

Millimeter wave technology is considered a new generation technology that has found enormous demand in the transformation of data communication and networking abilities through 5G which has high-frequency millimeter wave bands. As we are living in a smart world, smart cities, IoT devices, and autonomous vehicles, it is mandatory to adopt millimeter wave technology for handling high bandwidth and real-time connectivity. It ranges across sectors like telecommunication, defense, automotive, and health care among others with significant revenues arising from 5G technology and satellite technology to advance the market even further.

According to the Univdatos Market Insights analysis, the global expansion of 5G networks, which requires high-frequency millimeter wave bands to deliver ultra-fast data speeds and low-latency communication in the APAC region are key drivers for the Millimeter Wave Technology market and would drive the global scenario of the Millimeter Wave Technology market. As per their “Millimeter Wave Technology Market” report, the global market was valued at USD 3,512.3 Million in 2023, growing at a CAGR of 17.4% during the forecast period from 2024 - 2032.

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It is believed that growth in the market will substantially occur in the subsequent one-decade perhaps, attributed to an upsurge in usage within radar systems, satellite communications, and high-speed wireless backhauls. The Asia Pacific, North America, and European markets are more progressive with China, Japan, and United States being at the forefront of technological enhancements. It has some drawbacks such as high infrastructure costs and a low level of coverage but further advancements are constantly improving the applicability of this technology in the future innovations.

Millimeter Wave Technology Overview in APAC

The Millimeter Wave Technology Market of the Asia-Pacific (APAC) is growing fast due to the continuous roll-out of 5G networks and government support for improving the telecommunication sector. China, Japan, South Korea, and India are among such countries that invested significantly in the development of the 5G, smart city, and IoT projects. China in particular has been particularly assertive in the progression of 5G network build out using millimeter wave technology given the continued demand for high speed, low latency service.

Also, Japan and South Korea are the pioneers of the 5G network that uses Millimeter wave frequencies to improve the mobile connectivity and ensure the utilization of sophisticated developments like Smart Automobiles and Smart Cities. India is still beginning to implement 5G however the government program of Digital India will continue to develop the cultures of telecoms which will ultimately enhance the use of millimeter wave technology. In conclusion, the APAC region is expected to emerge as one of the most rapidly growing markets for millimeter wave technology, mainly because of increase in investments, emergence of novel technologies, and favorable government policies​.

China is the biggest consumer and one of the major hubs for Millimeter Wave Technology.

China is one of the key players within the Millimeter Wave Technology Market since its aggressive approach to pushing 5G infrastructure and the government’s increased spending on high-level telecommunications. Currently being the largest world using mobiles, China is at the vanguard of 5G application, using frequencies of the millimeter wave to ensure high data rate and low latency. Thus, with the help of state-backed projects like Made in China 2025 plan and numerous smart city projects, the growth of millimeter wave technology is trending in telecom, automotive, and urban sectors.

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China has embarked on a large-scale 5G deployment, especially in cities for the support of bandwidth demanding applications like autonomous vehicles, smart city, and IoT. In addition, Chinese companies Huawei and ZTE are currently the leading manufacturers of millimeter wave components and systems making China the world hub in the development of this technology. As the government backing and advancement in technology proceeds to grow, analysts are optimistic that China will be at the frontier of developments of millimeter wave technology in the future.

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Conclusion

In conclusion, the Asia Pacific region and China specifically are some of the key growth accelerators of the Millimeter Wave Technology Market with China being greatly involved in the same. The APAC market is growing its 5G networks and smart city plans at a fast rate with a strong focus on government funding is making it develop into a world leader in millimeter wave Industry. Other regions such as Asia including Japan, South Korea, and India are also in the process of adopting this technology for their telecoms, the Internet of Things, and smart cities. One country that epitomizes this position is China due to its assertive 5G deployment and structural-aware architecture leveraged on state-led innovation programmes such as Made in China 2025. The key global players like Huawei and ZTE are currently actively participating in the development of millimeter wave technology and hence China has positioned itself to lead in both regional as well as global markets. Due to having government support, hi-tech, as well as large-scale projects, these two places, and the entire APAC, are crucial for the further development of the Millimeter wave industry. 

[futuretonext]

The Global Millimeter Wave Technology Market is anticipated to grow at a CAGR of around 36% during the forecast period, i.e., 2021-26. The growth of the market attributes primarily to the mounting demand for high-speed mobile broadband owing to the increasing number of smartphone users and surging internet penetration. Additionally, the wide-range applications of mobile broadband across several verticals, including government, commercial space, telecommunication, online gaming, etc., is another crucial factor positively influencing the Millimeter Wave Technology Market. 

[snehalblog]

Millimeter Wave Technology Market: Analysis, Understanding Growth Trends, Challenges, and Future Opportunities - UnivDatos

According to a new report by UnivDatos Market Insights, Millimeter Wave Technology Market is expected to reach USD 14,880.1 Million in 2032 by growing at a CAGR of 17.4%. The Millimeter Wave Technology Market is evolving at a very high pace due to the UL demands for high bandwidths, low latency, and the development of 5G networks around the world. Millimeter wave technology uses the extremely high frequency (EHF) band with a range of 24GHz to 300GHz and therefore facilitates multi-gigabit data rates for use in telecommunication, defense, and automotive among others. Some of the factors include the 5G network deployment worldwide, increasing radar and satellite communication applications, and the increasing usage of connected devices which demands higher bandwidth and speed.

Future projections of the millimeter wave technology market include Asia-Pacific, and especially China and India, are, anticipated for the fastest growth due to the government’s effort towards the advancement of 5G. China’s aggressive plan to deploy 5G and India’s focus on the development of digital infrastructure are among the factors boosting market growth. Government policies and legislations being implemented in the two countries that have a positive impact on the growth of advanced telecommunications infrastructure are China’s 2060 carbon neutrality resolve and India’s Digital India initiative will create a large market for millimeter wave technology. These developments are on course to cement the place of millimeter wave technology across the different sectors in the Global arena.

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Government Policies Supporting the Millimeter Wave Technology Industry

The Millimeter Wave Technology Industry is heavily supported by a range of government policies, with data showing substantial investments and spectrum allocations worldwide to foster its growth. Below are data-driven insights on how government actions are advancing this sector:

1. 5G Spectrum Allocations:

Specifically, it has been observed that for the development of the 5G network, governments across the globe have allocated a large part of the millimeter-wave spectrum. For example, FCC in the U. S has sold over 1,550 MHz of millimeter wave spectrum particularly in the 24 GHz and 28 GHz as a result of its accelerated 5G FAST Plan. Also, similarly, China assigned over 30 GHz of millimeter-wave spectrum to boost 5G advancement, which Japan and South Korea made spectrum release initial for 5G and made their way ahead in Millimeter-wave technology.

2.       Telecom Development Programs:

India and China, for instance, are progressing with their broadband and telecom plan for the entire nation under programs such as BharatNet plan in India that targets to connect 250000 villages with broadband by 2025; and MM wave band. China intends to reach 56% population coverage by 5G by the end of 2025 with one-third of that deploying millimeter wave frequencies: all under the goal of reaching 1 billion 5G users.

3.       Smart City Projects:

China’s 2060 Carbon Neutrality plan outlines the deployment of smart city uses of IoT, surveillance, and autonomous vehicles which operate in the millimeter wave bands. India’s Digital India Initiative has reserved ₹500 crore (about $ 67 million) to enhance the telecommunication sector the focus is on constructing a 5G network and smart city structures. These investments are important because they force urban regions to embrace better communication technologies as seen by the millimeter wave business.

4.       Defense and Security Investments:

The U. S. Department of Defense has stepped up financing radar systems that employ millimeter wave technology for over $1. US $ 6 billion into the development of next generation surveillance and communication platforms. Other countries in Europe for instance France and Germany have also increased their defense budgets to accommodate research in the application of millimeter waves in military communications and satellite systems.

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Conclusion

In conclusion, there are elements that are driving the Millimeter Wave Technology Industry which include the government’s strategic policies, big investments, and high-frequency spectrum for 5G and related technologies. These are useful for the provision of the converged next-generation communication structures that facilitate the very high-speed and highly capable networks that are used in today’s applications such as IoT, smart cities, and self-driving vehicles. Governments across the world and most especially in the regions of Asia-Pacific, North America, and Europe have vested interest in millimeter wave technology in their deployment of 5G as well as in defense. Based on the supportive policies and investments in place, the millimeter wave industry is ready for continued growth especially due to the increasing demand for high-speed internet in the world market.

[iotexpo]

Industry trend｜Latest exposure of Apple's self-developed 5G: Debut on iPhone 16E!

The latest industry news shows that Apple will debut its self-developed 5G baseband in the first half of this year, and the iPhone 16E will be the first to be equipped with it. This move marks another important progress in the field of baseband technology for Apple. It is reported that the baseband chip plays a decisive role in signal stability and Internet experience. Out of caution, Apple decided to conduct experiments on the relatively low-priced iPhone 16E.

According to the plan, Apple will use mid-range models to improve technical processes and accumulate experience to lay the foundation for future high-end models. Bloomberg reporter Mark Gurman pointed out that the risk of baseband chips is high. If there is a problem, it may cause call interruption, which is unacceptable for high-end iPhones priced at more than $1,000.

Then in the new iPhone 17 Air launched in September, Apple will continue to use its self-developed 5G baseband, but several other new iPhone 17 series models will continue to use Qualcomm baseband.

From the perspective of the positioning of the model, the iPhone 16E is positioned below the standard version, and the iPhone 17 Air is positioned below the Pro version. Obviously, even if Apple's self-developed 5G baseband is really launched, it may not be applied to its own high-end models. There are market rumors that this is because Apple's self-developed 5G baseband is far inferior to Qualcomm baseband in performance, and the downlink network speed is even only 40% of Qualcomm's, and it does not support millimeter wave bands.

Apple develops its own 5G baseband, determined to surpass Qualcomm in three years

The previously exposed plan shows that Apple's first self-developed 5G baseband chip is named Sinope, which will be used in the iPhone SE, iPhone 17 Slim version and low-end iPad series released in 2025. It is worth noting that Sinope only supports four-carrier aggregation and does not support 5G millimeter wave.

Mark Gurman also revealed that the iPhone 18 series released in 2026 and the iPad Pro series released in 2027 will be equipped with Apple's second-generation 5G baseband chip Ganymede, which will support 5G millimeter wave and baseband download speeds of 6Gbps; at the same time, Apple will launch the third-generation 5G baseband chip Prometheus in 2027, and expects its performance to surpass Qualcomm.

Industry insiders pointed out that starting in 2025, Apple will adopt a "dual-track parallel" strategy, which will continue to purchase Qualcomm chips on the one hand and promote its self-developed chip plan on the other hand, so as to replace or even surpass Qualcomm.

It is reported that Apple's baseband plan has been brewing for a long time. It originally hoped that the first baseband would be available in 2021. In order to speed up this plan, Apple has invested billions of dollars to establish testing and engineering laboratories around the world. In addition, Apple spent about $1 billion to acquire Intel's baseband division and invested more money to hire engineers from other Silicon Valley companies.

New iPhone SE may be renamed

According to MacRumors, the new iPhone SE is expected to be released in March this year, but it has been reported that it may adopt a new name iPhone 16E. Weibo blogger Dingjiao Digital said that the new iPhone SE will be named iPhone 16E, and another whistleblower Majin Bu also reported the same news.

Although the name is yet to be determined, the relevant configuration of this device has been leaked. It will adopt a design similar to the basic iPhone 14, equipped with a 6.1-inch OLED display, Face ID facial recognition technology, USB-C interface, 48-megapixel single rear camera, updated A series chips, 8GB of memory prepared for Apple Intelligence, and Apple's first self-developed 5G modem.

It is not clear whether the action button that debuted on the iPhone 15 Pro series will appear on this model. In the United States, the iPhone SE currently starts at $429, and it is expected that the price of the next generation model may increase slightly.

Whether Apple's self-developed baseband can be successfully launched and how effective it will be remains to be seen after the product is actually launched. We will continue to pay attention.

This paper is from Ulink Media, Shenzhen, China, the organizer of IOTE EXPO (IoT Expo in China)

[riya2510]

5G Infrastructure Market Report 2022-2030: Growth, Trends, and Key Insights

Straits Research: 5G Infrastructure Market Report – Growth, Trends, and Insights for 2022-2030

December 20, 2024 – The global 5G infrastructure market is poised for remarkable growth. According to a recent report by Straits Research, the market, valued at USD 5 billion in 2021, is projected to reach USD 167 billion by 2030, growing at an impressive CAGR of 48.5% during the forecast period (2022–2030). This growth is driven by the rapid rollout of 5G technology across the globe and the increasing demand for faster, more reliable connectivity in both consumer and industrial applications.

5G Infrastructure Market Catalysts for Expansion

The growth of the 5G infrastructure market is being catalyzed by several key factors. One of the primary drivers is the increasing demand for high-speed, low-latency internet, particularly in sectors like autonomous vehicles, smart cities, healthcare, and industrial automation. The global shift toward digital transformation, coupled with advancements in technologies such as the Internet of Things (IoT), artificial intelligence (AI), and augmented reality (AR), is driving the need for 5G networks that can handle vast amounts of data and support mission-critical applications.

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Moreover, telecom providers are heavily investing in 5G infrastructure to maintain competitive advantage and meet the growing demands of consumers and enterprises. This is complemented by governments and regulatory bodies worldwide supporting the rollout of 5G networks to ensure that their countries remain at the forefront of digital innovation.

The growing adoption of smart devices, the expansion of cloud services, and the increasing need for data-driven solutions are also contributing to the growth of the 5G infrastructure market. As industries from healthcare to manufacturing embrace digital solutions, 5G’s high-speed data transmission and ultra-reliable connectivity are becoming essential for their continued growth.

5G Infrastructure Market Segment Breakdown

The 5G infrastructure market is broadly segmented based on communication infrastructure, spectrum, network architecture, and verticals.

By Communication Infrastructure:

Hardware: The hardware segment is one of the largest contributors to the market, with sub-segments including Radio Access Network (RAN), Core Network, and various network types such as xHaul, Backhaul & Transport, FrontHaul, and MidHaul. These are critical components that enable seamless communication across 5G networks, supporting applications ranging from mobile broadband to IoT and industrial automation.

Services: The services segment includes Consulting, Implementation and Integration, Support and Maintenance, and Training and Education. These services are crucial for ensuring the efficient deployment, operation, and optimization of 5G networks.

By Spectrum:

Sub-6 GHz: This spectrum, including Low Band and Mid Band, is vital for delivering broad 5G coverage and high-speed connectivity across urban and rural areas.

Millimeter-wave: Millimeter-wave spectrum offers the highest data transfer speeds, making it ideal for dense urban areas and high-demand applications.

By Network Architecture:

Standalone (SA): Standalone architecture provides a fully 5G-native network and is expected to be the dominant architecture in the coming years as it offers improved performance and reduced latency.

Non-Standalone (NSA): Non-standalone networks leverage existing 4G LTE infrastructure to accelerate 5G deployment, making it a popular choice in the early stages of 5G adoption.

By Vertical:

The market spans a wide range of verticals including Residential, Enterprise/Corporate, Smart City, Industrial, Energy and Utility, Transportation and Logistics, Public Safety and Defense, Healthcare, Retail, Agriculture, and others. The demand for 5G infrastructure varies across these sectors, with industries like healthcare, automotive, and manufacturing being particularly poised for disruption through the adoption of 5G technologies.Market Segmentation with Insights-Driven Strategy Guide: https://straitsresearch.com/report/5g-infrastructure-market/segmentation

Top Performing Companies in the 5G Infrastructure Market

The 5G infrastructure market is competitive, with several key players driving innovation and deploying critical network infrastructure. Among the top companies are:

Airspan Network

Affirmed Networks Inc.

American Tower

AT&T

China Mobile

Cisco Systems

Comba Telecom

CommScope

Ciena Corporation

Ericsson

Extreme Networks

Hewlett Packard Enterprise

Huawei Technologies Co., Ltd.

Juniper

Korea Telecom

Mavenir

T-Mobile

SK Telecom

These companies are not only providing essential infrastructure but are also at the forefront of 5G innovation, ensuring the technology's successful integration into existing network environments.

5G Infrastructure Market Emerging Prospects

The 5G infrastructure market is poised to create significant opportunities across a variety of sectors. Smart cities and automotive applications are two key areas where 5G is expected to have a transformative impact. The ability to connect billions of devices simultaneously, including smart sensors, autonomous vehicles, and surveillance cameras, will help streamline operations and improve efficiency in urban environments.

Additionally, the healthcare industry stands to benefit greatly from the deployment of 5G, enabling innovations such as remote surgery, telemedicine, and real-time patient monitoring. Similarly, the industrial sector will leverage 5G for enhanced automation, predictive maintenance, and the creation of smarter factories.

The rise of private 5G networks for industries like manufacturing, healthcare, and logistics is also driving demand for more specialized infrastructure. These networks provide businesses with the ability to control their connectivity needs while ensuring secure and reliable communication.

Table of Contents for the 5G Infrastructure Market Report: https://straitsresearch.com/report/5g-infrastructure-market/toc

5G Infrastructure Market Industry Movements

Several key movements are shaping the 5G infrastructure market. Telecom companies are entering strategic partnerships and collaborations to expand their 5G capabilities, accelerate infrastructure deployment, and drive technological advancements. Investment in 5G network densification, particularly in urban areas, is another significant trend. Moreover, the increasing shift toward cloud-native 5G networks is transforming the way telecom operators approach infrastructure, allowing them to scale and deploy 5G more efficiently.

The growing deployment of Private 5G Networks and the evolution of network virtualization and edge computing are making it easier for businesses to implement their own high-performance networks tailored to their specific needs.

5G Infrastructure Market Geographic Analysis

Geographically, the 5G infrastructure market is expanding rapidly across all regions, with North America, Europe, and Asia-Pacific leading the way. North America is expected to dominate the market, driven by the strong presence of key telecom operators and advanced technological infrastructure. The Asia-Pacific region, particularly China, Japan, and South Korea, is making substantial investments in 5G deployment and is expected to experience significant growth in the coming years.

In Europe, the focus is on upgrading existing infrastructure and enabling widespread 5G connectivity across both urban and rural areas. The Middle East and Africa (MEA) and Latin America are also gradually adopting 5G technology, with key investments being made to support network development and enhance connectivity.

5G Infrastructure Market Data Insights

According to the Straits Research report, the 5G infrastructure market is expected to continue its rapid growth as demand for next-generation connectivity accelerates. The total market size, valued at USD 5 billion in 2021, is expected to reach USD 167 billion by 2030, driven by increasing adoption across various industries, telecom companies, and governments.

Conclusion

The 5G infrastructure market is one of the most exciting and dynamic sectors of the telecommunications industry. With its transformative potential across industries and regions, 5G is set to revolutionize the way we communicate, work, and live. The growth of the market is being fueled by technological advancements, increasing demand for faster and more reliable networks, and the expanding use of IoT, automation, and other digital solutions.

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For more information and detailed insights into the 5G infrastructure market, please contact Straits Research, the leading provider of market intelligence and insights.

About Straits Research

Straits Research is a leading provider of market research and intelligence services. With a focus on high-quality research, analytics, and advisory, our team offers actionable insights tailored to clients’ strategic needs.

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[global-research-report]

Unlocking the Power of Location in the Digital Era

The global location of things market size is expected to reach USD 216.68 billion by 2030, registering a CAGR of 23.0% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing penetration of smartphones and enhanced network connectivity coupled with the increasing demand for personalized services are propelling the market growth.

Location of things is an emerging sub-category of the IoT concept that enables connected devices to monitor and communicate their geographic location. Enabled by IoT sensors and location technologies embedded into various connected devices allows organizations and service providers to collect a variety of data over the network. Over the years, a variety of location-based services has been introduced, such as Google Maps, Uber, Waze, and many others, which have been enabled by the ability of a smartphone to locate itself. Location being the most vital dimension of the data collected allows service providers to provide contextual content for each user.

Advancements in connected wearable devices, connected vehicles, connected homes, smart cities, and Industrial IoT (IIoT) are bound to open extensive market avenues for the location of things market in the coming years. However, issues related to privacy and safety along with universally accepted standards are expected to challenge the industry.

Location Of Things Market Segment Highlights

North America dominated the global market and accounted for the largest revenue share of 30.3% in 2022. Technology proliferation, increased penetration of smartphones, and enhanced network connectivity have led to a faster adoption rate in North America than in other regions.

The mapping and navigation segment accounted for the highest revenue share of around 33.3% in 2022 and is estimated to register the fastest CAGR of 24.2% over the forecast period. The mapping and navigation technology enables users to track and monitor the movement of various physical devices.

The transportation and logistics segment accounted for the largest revenue share of around 24.8% in 2022 and is estimated to register the fastest CAGR of 24.4% over the forecast period, which is followed by the manufacturing and industrial segment. The development of connected car technologies and a variety of logistics solutions have enhanced the operational efficiencies and reduced the time-to-delivery for the transportation sector.

Asia Pacific is expected to register the highest CAGR of 24.7% over the forecast period owing to the increased spending on connected devices, investments in various IoT technologies, and increasing demand for personalized services.

Browse through Grand View Research's Communications Infrastructure Industry Research Reports.

The global e-commerce fulfillment services market size was valued at USD 123.69 billion in 2024 and is expected to grow at a CAGR of 14.2% from 2025 to 2030.

The global millimeter wave sensors & modules market was valued at USD 103.0 million in 2024 and is projected to grow at a CAGR of 30.6% from 2025 to 2030. 

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For the purpose of this study, Grand View Research has segmented the global location of things market report on the basis of application, vertical, and region:

Location Of Things Application Outlook (Revenue, USD Million, 2017 - 2030)

Mapping And Navigation

Asset Management

Location Intelligence

Media And Marketing Engagement

Location Of Things Vertical Outlook (Revenue, USD Million, 2017 - 2030)

Government, Defence And Public Utilities

Transportation And Logistics

Retail And Consumer Goods

Manufacturing And Industrial

Healthcare

Others

Location Of Things Regional Outlook (Revenue, USD Million, 2017 - 2030)

North America

US

Canada

Europe

UK

Germany

France

Asia Pacific

China

Japan

India

Australia

South Korea

Latin America

Brazil

Mexico

Middle East And Africa

United Arab Emirataes (UAE)

Saudi Arabia

South Africa

Order a free sample PDF of the Location Of Things Market Intelligence Study, published by Grand View Research.

[amrutatbrc1]

5G Testing Equipment Market By Product Type, By Manufacturers, By End-User And Market Trend Analysis Forecast 2033

The 5g testing equipment global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

5G Testing Equipment Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The 5G testing equipment market size has grown rapidly in recent years. It will grow from $2.25 billion in 2023 to $2.48 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%.  The growth in the historic period can be attributed to increased demand for bandwidth, emergence of IoT and connected devices, global standardization efforts, rapid deployment of 5G infrastructure, demand for quality of service (QoS) and quality of experience (QoE).

The 5G testing equipment market size is expected to see strong growth in the next few years. It will grow to $3.48 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%.  The growth in the forecast period can be attributed to 5G network expansion, increased adoption of 5G devices, emergence of vertical industries, transition to standalone (SA) 5g networks, deployment of private 5G networks. Major trends in the forecast period include integration of AI and machine learning, expansion of millimeter wave testing, focus on network slicing testing, rise of cloud-native testing solutions, enhanced security testing capabilities.

Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/5g-testing-equipment-global-market-report

The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers - The increasing number of autonomous automobiles is expected to propel the growth of the 5G testing equipment market in the coming years. An autonomous automobile, additionally referred to as a self-driving car or a driverless vehicle, is a vehicle that operates without human involvement, perceives its surroundings, and carries out vital activities without human intervention. The number of autonomous automobiles is increasing due to technological advancements, market demand for safer and more efficient transportation, and regulatory initiatives promoting autonomous vehicle deployment. 5G testing equipment in autonomous vehicles offers dependable and low-latency connections for real-time data transmission, resulting in improved vehicle communication, navigation, and safety features. For instance, in December 2022, according to a report published by the Insurance Institute for Highway Safety, a US-based non-profit organization, it is expected that there will be 3.5 million autonomous vehicles or self-driving cars on American roads by 2025, and 4.5 million autonomous vehicles by 2030. Therefore, the increasing number of autonomous automobiles drives the 5G testing equipment market.

Market Trends - Major companies operating in the 5G testing equipment market focus on developing technologically advanced solutions, such as wireless test platforms, to strengthen their position in the market. This system tests wireless technologies such as 5G to ensure network performance, signal strength, and interoperability with devices such as self-driving cars. For instance, in February 2023, Keysight Technologies Inc., a US-based company that manufactures electronic test and measurement equipment and software, launched the E7515R solution. This solution is built on the company's 5G network emulation solutions platform, a simplified network emulator created exclusively for protocol, radio frequency (RF), and functional evaluation of all cellular Internet of Things (IoT) technologies. The E7515R adds to Keysight's industry-leading 5G Network Emulation Solutions portfolio, which is utilized in mobile device validation across the process, from early design to acceptability and deployment. The Keysight E7515R addresses the demand for a network emulation test platform designed specifically for 5G RedCap and interoperable across all CIoT technologies. The solution provides simplified features for RedCap without the extra features required for testing a full-spec 5G device.

The 5G testing equipment market covered in this report is segmented –

1) By Equipment Type: Oscilloscopes, Signal Generators, Spectrum Analyzers, Network Analyzers, Other Equipment Types 2) By Revenue Source: New, Rental 3) By Application: Lab Testing, Performance Testing, Wireless And RF Testing 4) By End-User: Telecom Equipment Manufacturers, Original Device Manufacturers (ODMs), Telecom Service Providers, Other End-Users

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Regional Insights - North America was the largest region in the 5G testing equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the 5G testing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the 5G testing equipment market are AT&T Inc., Tektronix, Keysight Technologies Inc., Intertek Group plc, Molex LLC, Rohde & Schwarz, VIAVI Solutions Inc., Trex Enterprises Corporation, MACOM Technology Solutions, Spirent Communications plc, LitePoint, EXFO Inc., Inseego Corp., Microlease PLC, SIGLENT Technologies, ETS Lindgren Ltd., Prisma Telecom Testing, Azimuth Systems, TMY Technology Inc., Anritsu Corporation, PCTEST Engineering Laboratory In, Calnex Solutions Ltd., Amarisoft, RADX Technologies, Boonton Electronics, ThinkRF Corp., Fibocom Wireless Inc.

Table of Contents 1. Executive Summary 2. 5G Testing Equipment Market Report Structure 3. 5G Testing Equipment Market Trends And Strategies 4. 5G Testing Equipment Market – Macro Economic Scenario 5. 5G Testing Equipment Market Size And Growth ….. 27. 5G Testing Equipment Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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[harshnews]

Body Scanner Market Size, Share, Trends, Growth and Competitive Outlook

"Body Scanner Market – Industry Trends and Forecast to 2030

Global Body Scanner Market, By Product (Ground-Mounted Scanner, Vehicle-Mounted Scanner), Technology (3D Body Scanners, Image Processing, and Modelling), System (Millimeter Wave, Backscatter), Application (Transport, Infrastructure, Others), End User (Industrial, Public, Prisons) - Industry Trends and Forecast to 2030.

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**Segments**

- **Type**: The body scanner market can be segmented by type into X-Ray Scanner, Millimeter Wave Scanner, and Others. X-Ray scanners use X-rays to create images of the body, while millimeter wave scanners use radio waves to detect objects hidden under clothing. The other segment may include thermal scanners or other innovative technologies for body scanning.

- **Technology**: Under technology, the market can be divided into Hardware and Software. Hardware includes the physical scanning devices, such as sensors and scanners, while software involves the programs used to process and analyze the scan results. Both hardware and software play crucial roles in the effectiveness of body scanners.

- **Application**: Body scanners have various applications, including Transportation, Healthcare, and Others. In transportation, they are used for security screening at airports, train stations, and other public areas. In healthcare, body scanners are utilized for medical imaging purposes and detecting health issues. The 'Others' category may include industrial applications or specific niche uses for body scanners.

**Market Players**

- **Smiths Group PLC**: Smiths Group is a key player in the body scanner market with a range of security scanning solutions, including body scanners for transportation security and other applications. The company is known for its innovative technologies and global presence in the security industry.

- **Rapiscan Systems**: Rapiscan Systems offers advanced security screening solutions, including body scanners, for aviation, customs, and border control. The company provides a wide range of scanning systems to meet the diverse needs of customers worldwide.

- **L3Harris Technologies, Inc.**: L3Harris is a leading provider of security and detection systems, including body scanners, for various applications. The company's advanced technologies and solutions are used in critical security environments to ensure safety and security.

- **ADANI Systems**: ADANI specializes in developing cutting-edge X-ray body scanners for security screening purposes. The company's innovative technologies and solutions cater to the evolving needs of the security industry.

TheThe body scanner market is witnessing significant growth and innovation, driven by the increasing focus on security and safety across various sectors. The segmentation of the market based on type, technology, and applications provides a comprehensive understanding of the different aspects of body scanners. The type segment, comprising X-Ray scanners, Millimeter Wave scanners, and other innovative technologies, reflects the diverse range of scanning solutions available in the market. X-Ray scanners offer detailed images of the body, while Millimeter Wave scanners use radio waves for hidden object detection, catering to different security needs. The technology segment splits the market into hardware and software components, emphasizing the importance of both physical scanning devices and analytical programs in enhancing the overall efficiency and accuracy of body scanners.

In terms of applications, body scanners find extensive use in transportation, healthcare, and other sectors. The transportation industry relies on body scanners for security screening at airports, train stations, and other high-traffic areas to ensure passenger safety and prevent threats. In healthcare, body scanners play a crucial role in medical imaging and diagnostics, contributing to early disease detection and treatment planning. Additionally, the ""Others"" category signifies the potential for body scanners in industrial settings or specialized niche applications, highlighting the versatility and adaptability of these advanced scanning technologies.

The market players in the body scanner industry, such as Smiths Group PLC, Rapiscan Systems, L3Harris Technologies, Inc., and ADANI Systems, are at the forefront of driving innovation and technological advancements in security scanning solutions. These companies offer a wide range of products and services tailored to meet the evolving needs of customers in various sectors. Smiths Group PLC is renowned for its global presence and innovative approach to security scanning, while Rapiscan Systems specializes in advanced screening solutions for aviation and border control. L3Harris Technologies, Inc., stands out for its cutting-edge security and detection systems, including body scanners, designed for critical security environments. ADANI Systems, with its focus on X-ray body scanners, addresses the growing demand for**Global Body Scanner Market, By Product (Ground-Mounted Scanner, Vehicle-Mounted Scanner), Technology (3D Body Scanners, Image Processing, and Modelling), System (Millimeter Wave, Backscatter), Application (Transport, Infrastructure, Others), End User (Industrial, Public, Prisons) - Industry Trends and Forecast to 2030.**

The global body scanner market is experiencing significant growth and development, driven by the increasing emphasis on security measures across various industries. The segmentation of the market based on product, technology, system, application, and end-user provides a comprehensive view of the diverse uses and advancements in body scanning technologies. Ground-mounted scanners and vehicle-mounted scanners cater to different mobility requirements and security needs, allowing for efficient screening in various settings. The adoption of advanced technologies like 3D body scanners and image processing enhances the accuracy and effectiveness of body scanning, enabling detailed imaging and analysis of scanned results. Systems such as millimeter wave and backscatter offer different approaches to body scanning, each with its strengths in detecting concealed items and ensuring security protocols.

In terms of applications, body scanners play a crucial role in transportation, infrastructure, and other sectors, contributing to enhanced security measures and threat detection. The transportation industry extensively relies on body scanners for security screening at airports, seaports, and other transit hubs to safeguard passengers and prevent potential threats. Infrastructure applications involve the use of body scanners in critical installations and public spaces to maintain security protocols and deter unauthorized activities. The versatility

Body Scanner Key Benefits over Global Competitors:

The report provides a qualitative and quantitative analysis of the Body Scanner Market trends, forecasts, and market size to determine new opportunities.

Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.

Top impacting factors & major investment pockets are highlighted in the research.

The major countries in each region are analyzed and their revenue contribution is mentioned.

The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients

Table of Contents: Body Scanner Market

1 Introduction

2 Global Body Scanner Market Segmentation

3 Executive Summary

4 Premium Insight

5 Market Overview

6 Body Scanner Market, by Product Type

7 Body Scanner Market, by Modality

8 Body Scanner Market, by Type

9 Body Scanner Market, by Mode

10 Body Scanner Market, by End User

12 Body Scanner Market, by Geography

12 Body Scanner Market, Company Landscape

13 Swot Analysis

14 Company Profiles

Critical Insights Related to the Keyword Included in the Report:

Exclusive graphics and Illustrative Porter’s Five Forces analysis of some of the leading companies in this market

Value chain analysis of prominent players in the market

Current trends influencing the dynamics of this market across various geographies

Recent mergers, acquisitions, collaborations, and partnerships

Revenue growth of this industry over the forecast period

Marketing strategy study and growth trends

Growth-driven factor analysis

Emerging recess segments and region-wise market

An empirical evaluation of the curve of this market

Ancient, Present, and Probable scope of the market from both prospect value and volume

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[insightreportsunivdatos]

India MSME Payment Risk Management Solutions Market Trends and Forecast 2024-2032

India MSME Payment Risk Management Solutions refers to the sharing of technology that provides ease of payment solutions and reduces the chances of deferred payments. Micro Small and Medium Enterprises hold a sizable share in the GDP of the country. These enterprises apart from their high relevance often face difficulty in receiving payments and identifying certain fraudulent customers due to which the requirement for the companies offering various security and payment tracking services has become crucial. In order to address these issues certain centralized systems, blacklist systems, blockchain-based smart contracts, etc., are being implemented which would alleviate the cases of fraudulent activities and help MSMEs to operate smoothly.

According to the UnivDatos Market Insights Analysis, growing investments in the MSME sector will drive the Indian scenario of the “India MSME Payment Risk Management Solutions Market” report; the market was valued at USD 253.46 million in 2023, growing at a CAGR of 12.21 % during the forecast period from 2024 - 2032.

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MSME Payment Risk Management Solutions Market Overview in North India:

North India region has held a sizable market share in India MSME Payment Risk Management Solution Market. With the increasing number of MSMEs present in the region as well as a high number of investments of the central as well as the state governments towards offering loans to establish micro, small, and medium enterprises in the region the demand for payment-related solutions has extensively grown. Additionally, the region has also experienced a higher demand for e-commerce and manufacturing-related MSME payment solutions. Many of the leading states as Uttar Pradesh, Delhi NCR region, Haryana, etc., have planned to double their GDP in the next five to six years of which the centre of focus is the expansion of MSME industries especially in the manufacturing, e-commerce, and apparel industry.

Considering these shifts the demand for India MSME Payment Risk Management Solutions in the North India region would notably grow. Other regions as West India and South India have also shown significant growth in recent years with the MSME expansion and requirement for payment-related services.

Growing Demand and Industry Trends:

The adoption of blockchain and smart contracts is emerging as a trend among payment risk management solution providers. These technological changes have helped industries such as finance, supply chain, etc., to optimize their payment-related issues. Blockchain technology offers increased efficiency, transparency, and upgraded security solutions. Various benefits such as transparency and trust, enhanced security, increased efficiency, cost reduction, real-time settlement, automation process, etc.

The adoption of blockchain and smart contracts also offers automated payments and settlements once the material/goods are being shipped to the client. The blockchain technology also helps in providing decentralized credit score to the MSMEs to help make them informed decisions. Additionally, these technologies also help to enhance the security of payments.

Related Reports-

AI Data Center Market: Current Analysis and Forecast (2024-2032)

Millimeter Wave Technology Market: Current Analysis and Forecast (2024-2032)

Future Prospects and Opportunities:

As the number of MSMEs in the country is increasing the need for robust centralized systems to identify the defaulters and improve the credit repayments by the customers.

Additionally, the requirement for various types of services such as payment tracking solutions, credit risk assessment tools, fraud detection and prevention software, debt collection solutions, etc., by the MSMEs the demand for payment risk management solutions has increased.

Additionally, with the rising government support in terms of regulatory and monetary assistance, the MSMEs in the country would exponentially grow in the coming years further promoting the need for payment risk management solutions. Furthermore, with the increasing number of MSMEs in the country as well as the increase in the sheer number of payments in the country through MSMEs the demand for reducing delayed payments both intentional and unintentional category would require robust solutions to reduce the payment-related issues.

Considering the changes the demand for MSME payment risk management solutions would further increase during the forecasted year i.e., 2024-2032.

For more information about this report visit- https://univdatos.com/report/india-msme-payment-risk-management-solution-market/

Conclusion:

In conclusion, the North India MSME Payment Risk Management Solutions market reflects a dynamic and evolving landscape supported by government investment, industry collaboration, and technological innovation. As the region continues strengthening its GDP growth through the development of MSMEs through extensive investment, regulatory support, and strategic partnerships, it is well-positioned to navigate challenges and capitalize on emerging opportunities in the debt collection industry. 

[iotexpo]

Industry trend｜IOTE Internet of Things Exhibition: Millimeter Wave Radar in the Era of AIoT

With the rapid development of the Internet of Things and AI technology, millimeter-wave radar, as a core component of intelligent perception, plays an increasingly important role in smart cars, smart transportation, security monitoring, smart homes and other fields.

Multi-sensor fusion: The fusion of millimeter-wave radar and other sensors (such as cameras, infrared, etc.) will become an important trend in future development. Through the fusion application with these sensors, more comprehensive and accurate target detection and recognition functions can be achieved. This multi-sensor fusion technology will further enhance the performance and application scope of millimeter-wave radar.

Fusion of 5G and millimeter-wave radar: With the popularization and development of 5G technology, the fusion of millimeter-wave radar and 5G technology will become possible. The high rate and low latency of 5G technology will provide millimeter-wave radar with more powerful data transmission and processing capabilities, and promote the application and development of millimeter-wave radar in more fields.

4D imaging radar technology: 4D imaging radar technology has gradually matured. By adding height measurement and imaging functions, it has solved the shortcomings of traditional millimeter-wave radars that cannot measure height, have low resolution and cannot recognize static objects. This technological advancement will make millimeter-wave radars more widely used in fields such as autonomous driving and intelligent transportation.

AI algorithm embedding: The MMWave project seamlessly embeds AI algorithms into the millimeter wave data processing process, significantly improving the accuracy and efficiency of target detection, classification and tracking, especially in application scenarios such as crowd counting and behavior pattern analysis. And a series of development trends of deep integration with AIoT.

The above are the trends of deep integration of millimeter wave radar and AI in recent years. With the support of this year's IOTE Internet of Things Exhibition and AGIC General Artificial Intelligence Industry Expo, the discussion of millimeter wave radar in the industry is getting higher and higher. Let's take a look at what measures are there!

01 Discussion on the cutting-edge technology, AI fusion millimeter-wave radar

The millimeter-wave radar technology ecosystem conference and other activities were held on site, focusing on the application scenarios, technical difficulties and cutting-edge trends in the millimeter-wave radar industry. It also focused on the millimeter-wave radar industry survey "Discussion on the 2024 China Millimeter-wave Radar Industry Research Report", the implementation of industrial applications, and the unlocking of millimeter-wave + AI scenarios, etc., to promote the deep integration of AI technology and millimeter-wave radar. The event invited industry companies such as Sijiewei, Zhenghe Microchip, Yierda, Jinghualong, Nanoradar Technology, and Miaomi Technology to jointly discuss the future development trend of millimeter-wave radar. In addition to the mainstream applications in smart cars and the automotive market, the event discussed the innovative application expansion of millimeter-wave radar in security monitoring, smart homes, industrial automation and other fields, and showcased the innovative application cases of millimeter-wave radar in non-automotive fields at the IOTE Internet of Things Exhibition!

02 4D millimeter wave imaging radar technology

At the exhibition, 4D millimeter wave imaging radar technology became a hot topic of discussion. This technology breaks through the limitations of traditional millimeter wave radars. By adding pitch angle measurement information, it can clearly present the outline of target obstacles, and can detect and classify road users and obstacles through neural network technology.

03 High-precision positioning and equipment integration

Millimeter-wave radar technology is being integrated with GNSS, INS, RTK and other technologies to achieve higher-precision positioning. For example, EHP (Enhanced Height Precision) technology improves vertical positioning accuracy by introducing multi-frequency signals. RTK (Real-Time Kinematic) technology improves positioning accuracy to centimeter level through differential correction technology. The integration of these technologies enables millimeter-wave radar to play an important role in high-precision positioning systems.

04 Industry application case sharing

The exhibition provided a number of millimeter-wave radar application case sharing. For example, Miaomi Technology demonstrated its core technologies and products in the fields of smart health care and smart home, including full-gesture sensors and fall detectors. These products provide non-sensitive smart protection in highly private spaces such as bedrooms and bathrooms. Jinghualong focused on displaying smart elderly care solutions and products, including community home smart elderly care solutions and institutional smart elderly care solutions. Yierda provided solutions for smart underground garages, improving garage management efficiency and safety through sensor technology. These cases demonstrated the actual application effects of millimeter-wave radar technology in different industries.

05 Coordinated development of the industrial chain

The IOTE Internet of Things Exhibition brings together enterprises from upstream and downstream of the millimeter-wave radar industry chain, including component suppliers, module and system integrators, application companies, etc., to promote the gradual improvement of the industrial chain and provide strong guarantees for the development of the millimeter-wave radar industry.

I believe that the IOTE Internet of Things Exhibition not only provides a platform for millimeter-wave radar companies to showcase the latest technologies, but also provides strong support for technical exchanges, cooperation and market promotion in the industry. It is also a channel that can promote the development and application of millimeter-wave radar technology in AIoT.

If your company is also in the field of millimeter-wave radar or related industries, and wants to fully demonstrate the company's strength, expand market channels, and connect with cutting-edge technologies and companies in the industry, then you are welcome to participate in our exhibition.

This paper is from Ulink Media, Shenzhen, China, the organizer of IOTE EXPO (IoT Expo in China)