The 5G NR market is growing rapidly in many regions where network operators are using combined low-band, mid-band and mmW spectrum to provide 5G enhanced mobile broadband (eMBB) services and fixed wireless access (FWA). As pointed by Grand View Research “The value of 5G services in 2020 was measured at $41.48 billion, a figure which is forecast to grow at a compound annual growth rate of 46.2% between 2021 and 2028.” Among 3 major 5G frequency bands, mmW is viewed as a critical step toward delivering full 5G’s potential and enable Gbps download speed with very low latency. Commercial mmW 5G networks have already been launched in multiple countries, including the U.S., Japan and South Korea. Other nations such as Italy, Finland and Australia are releasing mmW spectrum for 5G or are about to follow suit. The launch of the mmW Apple iPhone 12 and iPhone 13 series also provide a timely boost to the adoption of mmW. According to GSMA “Operators that underestimate the role of mmWave in the short term run the risk of finding themselves at a disadvantage to competitors when offering 5G services.” Anokiwave will share the latest the mmw market progress and present the latest product of the company.
