Competitive Landscape of the 5G mmWave Technology Market
The 5G mmWave technology market is a dynamic and rapidly evolving landscape, with a growing number of players vying for a share of this lucrative market. Here we take a look at the key players, their strategies, and the factors influencing market share. We also discuss new and emerging companies in the market and the current investment trends.
Key Players
- Axxcss Wireless Solutions, Inc. (US)
- NEC Corporation (Japan)
- Siklu Communication (US)
- Smith’s Group PLC (UK)
- Millimeter Wave Products Inc. (US)
- Farran Technology (Ireland)
- Eravant (US)
- Avait Networks, Inc. (US)
- Mistral Solutions Pvt. Ltd (US)
- Keysight Technologies, Inc. (US)
- Vubiq Networks Inc. (US)
- Fastback Networks Inc. (US)
- Others
Strategies Adopted
The key players in the 5G mmWave technology market are employing a variety of strategies to gain market share. These strategies include:
- Developing innovative mmWave chips and products: The leading players are constantly innovating to develop new and more advanced mmWave chips and products.
- Partnering with other companies: The players are also partnering with other companies, such as mobile network operators and infrastructure providers, to expand their reach and accelerate the adoption of mmWave technology.
- Investing in research and development: The players are investing heavily in research and development to stay ahead of the competition and develop new and innovative mmWave technologies.
Factors for Market Share Analysis
Market share in the 5G mmWave technology market is determined by a number of factors, including:
- Number of mmWave chips shipped: The number of mmWave chips shipped is a key indicator of market share, as it reflects the adoption of mmWave technology by mobile device manufacturers.
- Deployment of mmWave base stations: The deployment of mmWave base stations is another key factor, as it reflects the commitment of mobile network operators to mmWave technology.
- Pricing and performance of mmWave products: The pricing and performance of mmWave chips and products also play a role in market share, as consumers will choose the products that offer the best value for money and performance.
New and Emerging Companies
In addition to the established players, there are a number of new and emerging companies in the 5G mmWave technology market. These companies are bringing innovative new products and technologies to the market, and they are challenging the established players for market share.
- Broadcom: Broadcom is a leading provider of semiconductor technologies, and it is expanding its presence in the mmWave market.
- Cisco: Cisco is a leading provider of networking equipment, and it is also entering the mmWave market.
- NEC: NEC is a Japanese electronics company, and it is developing mmWave products for a variety of applications.
- ZTE: ZTE is a Chinese telecommunications equipment manufacturer, and it is also expanding its presence in the mmWave market.
Current Company Investment Trends
The 5G mmWave technology market is attracting significant investment from both large corporations and venture capitalists. This investment is being driven by the growing demand for high-speed data services and the potential of mmWave technology to deliver these services.
- Strategic partnerships: Large corporations are partnering with venture capitalists to invest in promising new mmWave companies.
- Venture capital investments: Venture capitalists are investing in early-stage mmWave companies with the potential to disrupt the market.
- Corporate acquisitions: Large corporations are acquiring promising mmWave companies to expand their reach and expertise.
Latest news and updates on the 5G mmWave technology market:
January 31, 2024
- Samsung and Qualcomm unveil new 5G mmWave chipset for smartphones.
Samsung and Qualcomm have announced a new 5G mmWave chipset for smartphones. The chipset, which is based on Qualcomm's Snapdragon X65 modem-RF system, is said to be the world's first 5G mmWave chipset with integrated support for Wi-Fi 6E and Bluetooth 5.3. The chipset is expected to be used in Samsung's next generation of flagship smartphones.
- Ericsson says 5G mmWave will be the dominant technology for fixed wireless access in North America.
Ericsson has released a new report on the future of 5G in North America. The report predicts that 5G mmWave will be the dominant technology for fixed wireless access in the region, accounting for over 80% of fixed wireless subscribers by 2030. Ericsson says that mmWave offers a number of advantages over traditional fixed wireless technologies, including faster speeds, lower latency, and wider coverage.
- Qualcomm says 5G mmWave will be the key to unlocking the full potential of 5G.
Qualcomm has released a new white paper on the future of 5G. The white paper highlights the importance of 5G mmWave in unlocking the full potential of 5G, including enabling new use cases such as augmented reality, virtual reality, and autonomous vehicles. Qualcomm says that mmWave is essential for providing the high speeds and low latency that these applications require.
January 24, 2024
- AT&T begins deploying 5G mmWave in 14 new cities.
AT&T has begun deploying 5G mmWave in 14 new cities, including Boston, Chicago, Los Angeles, New York City, and San Francisco. The company plans to have 5G mmWave available in over 30 cities by the end of the year.