U.S. Millimeter Wave Technology Market Size & Outlook

The millimeter wave technology market in the United States is expected to reach a projected revenue of US$ 14,301.5 million by 2030. A compound annual growth rate of 38% is expected of the United States millimeter wave technology market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,500.5
Forecast, 2030 (US$M)
$14,301.5
CAGR, 2024 - 2030
38%
Report Coverage
U.S.

U.S. millimeter wave technology market highlights

  • The U.S. millimeter wave technology market generated a revenue of USD 1,500.5 million in 2023 and is expected to reach USD 14,301.5 million by 2030.
  • The U.S. market is expected to grow at a CAGR of 38% 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 2023USD 1,500.5 million
Market revenue in 2030USD 14,301.5 million
Growth rate38% (CAGR from 2023 to 2030)
Largest segmentTelecommunication equipment
Fastest growing segmentRadar & Satellite Communication Systems
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTelecommunication Equipment, Imaging & Scanning Systems, Radar & Satellite Communication Systems
Key market players worldwideAviat 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, U.S. accounted for 40.0% 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 North America, U.S. millimeter wave technology market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 14,301.5 million by 2030.

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Millimeter Wave Technology Market Companies

Name Profile # Employees HQ Website

U.S. 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 60.15% in 2023. Horizon Databook has segmented the U.S. 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.


  • U.S. Millimeter Wave Technology Product Outlook (Revenue, USD Million, 2017-2030)
    • Telecommunication Equipment
    • Imaging & Scanning Systems
    • Radar & Satellite Communication Systems
  • U.S. Millimeter Wave Technology Component Outlook (Revenue, USD Million, 2017-2030)
    • Antennas & Transceivers
    • Amplifiers
    • Oscillators
    • Control Devices
    • Frequency Converters
    • Passive Components
    • Others
  • U.S. Millimeter Wave Technology Application Outlook (Revenue, USD Million, 2017-2030)
    • Telecommunications
    • Military & Defense
    • Automotive & Transport
    • Healthcare
    • Electronics & Semiconductor
    • Security
  • U.S. 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 U.S. millimeter wave technology market databook

  • Our clientele includes a mix of millimeter wave technology market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 U.S. millimeter wave technology market , including forecasts for subscribers. This country databook contains high-level insights into U.S. millimeter wave technology market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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U.S. millimeter wave technology market size, by product, 2017-2030 (US$M)

U.S. Millimeter Wave Technology Market Outlook Share, 2023 & 2030 (US$M)

U.S. millimeter wave technology market size, by product, 2017-2030 (US$M)

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