mmWave 5G Market Segmentation:
Use Case Segment Analysis
The eMBB segment in the mmWave 5G market is estimated to gain a significant share of about 58% in the year 2035. The segment growth can be attributed to the deployment of 5G new radio (NR) technology, which focuses on operating across higher frequency bands between 410 MHz-7125 MHz or 24250 MHz-52600MHz. This initiative is set to provide wired-like performance and reliability, a strategic move to support the burgeoning influx of new devices and applications that demand extensive bandwidth. eMBB leverages these capabilities of 5G NR to ensure fast and reliable mobile broadband services. Such advancements are crucial for facilitating cutting-edge applications, including augmented reality (AR), virtual reality (VR), and 4K media, that are rapidly gaining prominence.
Application Segment Analysis
The AR/VR segment in the mmWave 5G market is estimated to gain a significant share of about 52% in the year 2035, riding on the back of 5G technology, which promises to revolutionize the user experience in augmented and virtual reality. This surge is directly linked to mmWave’s 5G capability to deliver expansive bandwidth with minimal latency ensuring that data transfers easily between devices. Such technological strides are essential for seamless AR and VR content without jitters and disruptions are pivotal, making mmWave 5G a cornerstone of AR/VR sectoral growth.
Our in-depth analysis of the global market includes the following segments:
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