Saudi Arabia Millimeter Wave Technology Market Size & Outlook
Saudi Arabia millimeter wave technology market, 2017-2030 (US$M)
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Saudi Arabia millimeter wave technology market highlights
- The Saudi Arabia millimeter wave technology market generated a revenue of USD 52.6 million in 2023 and is expected to reach USD 374.4 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 32.4% from 2024 to 2030.
- In terms of segment, telecommunication equipment was the largest revenue generating product in 2023.
- Radar & Satellite Communication Systems is the most lucrative product segment registering the fastest growth during the forecast period.
Millimeter wave technology market data book summary
| Market revenue in 2023 | USD 52.6 million |
| Market revenue in 2030 | USD 374.4 million |
| Growth rate | 32.4% (CAGR from 2023 to 2030) |
| Largest segment | Telecommunication equipment |
| Fastest growing segment | Radar & Satellite Communication Systems |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Telecommunication Equipment, Imaging & Scanning Systems, Radar & Satellite Communication Systems |
| Key market players worldwide | Aviat Networks Inc, Keysight Technologies Inc, NEC Corp, Ceragon Networks Ltd, Trex Co Inc, BridgeWave Communications, E-Band Communications, Farran Technology, LightPointe, Smiths Group PLC, QuinStar Technology Inc., Eravant |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.4% of the global millimeter wave technology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia millimeter wave technology market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 287.5 million by 2030.
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Millimeter Wave Technology Market Scope
Millimeter Wave Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia millimeter wave technology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to millimeter wave technology market will help companies and investors design strategic landscapes.
Telecommunication equipment was the largest segment with a revenue share of 57.79% in 2023. Horizon Databook has segmented the Saudi Arabia millimeter wave technology market based on telecommunication equipment, imaging & scanning systems, radar & satellite communication systems covering the revenue growth of each sub-segment from 2017 to 2030.
- Saudi Arabia Millimeter Wave Technology Product Outlook (Revenue, USD Million, 2017-2030)
- Telecommunication Equipment
- Imaging & Scanning Systems
- Radar & Satellite Communication Systems
- Saudi Arabia Millimeter Wave Technology Component Outlook (Revenue, USD Million, 2017-2030)
- Antennas & Transceivers
- Amplifiers
- Oscillators
- Control Devices
- Frequency Converters
- Passive Components
- Others
- Saudi Arabia Millimeter Wave Technology Application Outlook (Revenue, USD Million, 2017-2030)
- Telecommunications
- Military & Defense
- Automotive & Transport
- Healthcare
- Electronics & Semiconductor
- Security
- Saudi Arabia Millimeter Wave Technology Frequency Band Outlook (Revenue, USD Million, 2017-2030)
- V-Band
- E-Band
- Other Frequency Bands
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Target buyers of Saudi Arabia millimeter wave technology market databook
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Our clientele includes a mix of millimeter wave technology market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia millimeter wave technology market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia millimeter wave technology market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia millimeter wave technology market size, by product, 2017-2030 (US$M)
Saudi Arabia Millimeter Wave Technology Market Outlook Share, 2023 & 2030 (US$M)
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