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Millimeter Wave Technology Market Size to Grow USD 3182 Million by 2030 at a CAGR of 20.6% | Valuates Reports

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BANGALORE, India, July 5, 2024 /PRNewswire/ — Millimeter Wave Technology Market is Segmented by Type (24GHz – 57GHz, 57GHz – 86GHz, 86GHz – 300GHz), by Application (Communication, Medical, Automobile, Military, Imaging, Other): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The global Millimeter Wave Technology market was valued at USD 832.6 million in 2023 and is anticipated to reach USD 3182 million by 2030, witnessing a CAGR of 20.6% during the forecast period 2024-2030.

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Major Factors Driving the Growth of Millimeter Wave Technology Market:

The market for millimeter wave (mmWave) technology is mainly driven by the growing need for wireless communication at high speeds, especially with the introduction of 5G networks. Faster data transmission rates and reduced latency are made possible by mmWave technology, and these features are essential for applications like IoT devices, augmented reality (AR), virtual reality (VR), and driverless cars. The industry is developing even faster due to the increasing demand for bandwidth-intensive services like improved telephony and high-definition video streaming. Furthermore, the broad deployment of mmWave technology is facilitated by developments in semiconductor technology and the creation of small and effective mmWave components. The market is propelled ahead in large part by regulatory assistance as well as rising expenditures in infrastructure and research.

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TRENDS INFLUENCING THE GROWTH OF THE MILLIMETER WAVE TECHNOLOGY MARKET

One major factor propelling the millimeter wave technology industry is the growing need for fast wireless communication. Faster and more dependable internet access is desperately needed given the growth of data-intensive applications and the proliferation of smart devices. Operating in the 24 GHz to 86 GHz range, millimeter wave technology provides significant bandwidth and fast data transfer rates, which makes it perfect for fulfilling these requirements. Next-generation wireless networks, such as 5G, which are expected to provide previously unheard-of speeds and minimal latency, are made possible by this technology and will help meet the growing demands of contemporary digital communication.

One major element propelling the millimeter wave technology market’s growth is the rollout of 5G networks. For 5G technology to provide high-speed, low-latency connectivity, millimeter waves play a major role. Millimeter wave frequencies are required for 5G infrastructure rollout, including small cells and backhaul solutions. In addition to improving mobile broadband services, this expansion opens up new possibilities for cutting-edge applications like industrial automation, smart cities, and driverless cars. The need for millimeter wave technology is expected to rise significantly as 5G networks are implemented in more nations, driving market expansion.

The market for millimeter wave (mmWave) technology is mainly driven by the growing need for wireless communication at high speeds, especially with the introduction of 5G networks. Faster data transmission rates and reduced latency are made possible by mmWave technology, and these features are essential for applications like IoT devices, augmented reality (AR), virtual reality (VR), and driverless cars. The industry is developing even faster due to the increasing demand for bandwidth-intensive services like improved telephony and high-definition video streaming. Furthermore, the broad deployment of mmWave technology is facilitated by developments in semiconductor technology and the creation of small and effective mmWave components. The market is propelled ahead in large part by regulatory assistance as well as rising expenditures in infrastructure and research.

The market for millimeter wave technology is expanding because of applications that need very high data transfer rates and low latency, which are served by the 57 GHz–86 GHz frequency spectrum. In densely populated areas, this frequency is necessary for backhaul solutions that enable effective communication between small cell networks in 5G infrastructure. It also enables cutting-edge technology including high-resolution radar systems and wireless HD video transmission. The market is being driven ahead by the growing usage of these high-frequency bands for sophisticated communication solutions as well as the demand for improved bandwidth and connection in contemporary applications.

Millimeter wave technology is being more widely used in the automobile sector, especially in advanced driver assistance systems (ADAS) and driverless cars. Adaptive cruise control, blind spot monitoring, and object detection all depend on millimeter wave radar sensors. These sensors deliver high-resolution data and perform well in a variety of weather scenarios, which is crucial for the security and efficiency of autonomous driving systems. The incorporation of millimeter wave technology is becoming more common as the automotive industry strives towards higher levels of vehicle automation and safety features, which is fueling market development.

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MILLIMETER WAVE TECHNOLOGY MARKET SHARE ANALYSIS

The market for millimeter wave technology is dominated by North America due to the region’s early adoption of cutting-edge innovations and massive expenditures in 5G infrastructure. The U.S. is home to several R&D operations and significant technological businesses, both of which support market expansion. The dominance of the region is further reinforced by government measures aimed at improving communication networks and the growing demand for high-speed internet services. The extensive use of millimeter wave technology in industries including healthcare, automotive, and telecommunications strengthens North America’s position as the industry leader.

Key Players:

BridgeWave CommunicationsKeysight TechnologiesNECSAGE MillimeterSiklu CommunicationAviat NetworksFarran TechnologyMillimeter Wave ProductsMillivision TechnologiesVubiq NetworksE-Band CommunicationsSmiths GroupL3 TechnologiesProxim Wireless

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–  Millimeter Wave Radar Level Measuring Instrument Market

–  77G Millimeter Wave Radar Market

–  The global Millimeter Wave Absorbing Materials market was valued at USD 56 million in 2023 and is anticipated to reach USD 86.7 million by 2030, witnessing a CAGR of 5.7% during the forecast period 2024-2030.

–  The global market for Millimeter Wave Absorber was estimated to be worth USD 49 million in 2023 and is forecast to a readjusted size of USD 107.6 million by 2030 with a CAGR of 5.7% during the forecast period 2024-2030

–  Millimeter Wave Measuring Instrument Market

–  The global Automotive Millimeter Wave (MMW) Radar market size is expected to reach USD 11710 million by 2029, growing at a CAGR of 4.3% from 2023 to 2029.

–  The global Test and Measurement Equipment market was valued at USD 11810 million in 2023 and is anticipated to reach USD 18710 million by 2030, witnessing a CAGR of 6.4% during the forecast period 2024-2030.

–  The global market for 60GHz mmWave Radar was estimated to be worth USD 24 million in 2023 and is forecast to a readjusted size of USD 275.8 million by 2030 with a CAGR of 38.3% during the forecast period 2024-2030

–  4D mmWave Radar Chip Market

–  The global Wave Power Generation Equipment market was valued at USD 27 million in 2023 and is anticipated to reach USD 118.7 million by 2030, witnessing a CAGR of 21.1% during the forecast period 2024-2030.

–  Wave Pools Market

–  Bulk Acoustic Wave Devices Market

–  Wave Energy Converters Market

–  The global Strain Wave Gearing Devices market was valued at USD 427 million in 2023 and is anticipated to reach USD 882.7 million by 2030, witnessing a CAGR of 10.8% during the forecast period 2024-2030.

–  The global Bulk Acoustic Wave Delay Line market was valued at USD 187 million in 2023 and is anticipated to reach USD 286.1 million by 2030, witnessing a CAGR of 5.8% during the forecast period 2024-2030.

–  The global Surface Acoustic Wave Filter market was valued at USD 4814 million in 2023 and is anticipated to reach USD 8359.6 million by 2030, witnessing a CAGR of 8.5% during the forecast period 2024-2030.

–  The global renewable energy market was valued at USD 881.7 billion in 2020, and is projected to reach USD 1,977.6 billion by 2030, growing at a CAGR of 8.4% from 2021 to 2030.

–  The global Backward Wave Oscillator market is projected to reach USD 18 million in 2029, increasing from USD 13 million in 2022, with the CAGR of 4.2% during the period of 2023 to 2029.

–  The global Traveling Wave Tubes (TWT) revenue was USD 764.4 million in 2022 and is forecast to a readjusted size of USD 1044 million by 2029 with a CAGR of 4.5% during the forecast period (2023-2029).

–  The global Strain Wave Gearing Devices revenue was USD 427 million in 2022 and is forecast to a readjusted size of USD 882.7 million by 2029 with a CAGR of 10.8% during the forecast period (2023-2029).

–  Millimeter Wave Connectors Market

–  Automotive Millimeter Wave 4D Radar Market

–  Millimeter Wave Oscillator Market

–  The global market for Millimeter Wave RF Modules was estimated to be worth USD 122 million in 2023 and is forecast to a readjusted size of USD 3657.7 million by 2030 with a CAGR of 61.7% during the forecast period 2024-2030

–  Automobile Millimeter Wave Compatible Emblem Market

–  Millimeter Wave Sensors and Modules

–  Millimeter Wave Human Body Security Screening Equipment Market

–  Automotive Millimeter Wave Radar PCB Market

–  Millimeter Wave Body Scanner Market

–  Millimeter Level Cable Seal Market

–  Millimeter Wave Radar for Smart Elderly Care Market

–  The global 77 GHz Automotive Millimeter Wave Radar PCB market was valued at USD 187 million in 2023 and is anticipated to reach USD 473 million by 2030, witnessing a CAGR of 13.5% during the forecast period 2024-2030.

–  4D Millimeter Wave Imaging Radar Market

–  The global market for 60GHz mmWave Radar was estimated to be worth USD 24 million in 2023 and is forecast to a readjusted size of USD 275.8 million by 2030 with a CAGR of 38.3% during the forecast period 2024-2030

–  Vehicle 4D Millimeter Wave Radar Market

–  5G Millimeter Wave Radio Frequency Chips Market

–  Millimeter Wave Radar Circuit Board Market

–  Millimeter Wave Radar Semiconductor Sensor Market

–  Millimeter Wave Frequency Converter Market

–  Millimeter Wave Ceramic Dielectric Resonators Market

–  Portable Millimeter Wave Therapeutic Device Market

–  The global Millimeter Wave Active Phased Array Antenna market is projected to reach USD 549.4 million in 2029, increasing from USD 396 million in 2022, with the CAGR of 5.0% during the period of 2023 to 2029.

–  Calibrated Variable Waveguide Attenuators Market

–  Stage Micrometer Market

–  Variable Waveguide Attenuators Market

–  The global RF Front End MMIC market was valued at USD 9013.5 million in 2023 and is anticipated to reach USD 23980 million by 2030, witnessing a CAGR of 15.0% during the forecast period 2024-2030.

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Technology

Towards new trends, gathering new trends and innovating: China Changan makes its debut at the 2025 Shanghai Auto Show

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April 24, 2025

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SHANGHAI, April 24, 2025 /PRNewswire/ — China Changan makes its debut at the 2025 Shanghai Auto Show with the theme of “Towards New Trends, Gathering New Trends, and Innovative Power”, bringing 88 products to showcase its innovative technologies and product portfolio.

Towards new trends, creating core technology driving force

China Changan has built a “1255+” technological innovation system and transformed into an innovative technology group. At the auto show, Chenzhi Technology releases a new generation of intelligent chassis sports integrated solutions, covering EMB full-wire control brake and other technologies, with multiple power combinations, system-level redundancy and other features, and its performance indicators are leading the world. Chongqing Qingshan launches the “GI-Drive2.0” intelligent electric drive platform, which contains 293 invention patents and uses EDS4 distributed electric drive assembly with an efficiency of 96.5%. It demonstrates scenes such as turning around on the spot and shows precise control capabilities.

Gathering new trends and building a smart travel ecosystem

China Changan participates in the exhibition with a “3+2+N” business layout:

Powertrain and electric drive: Dongan Power displays the M15NTDE engine and other products with leading thermal efficiency; Chongqing Qingshan exhibits the all-in-one electric drive assembly; Huachuan Denso brings products such as extended-range generators.

Intelligent chassis: Chenzhi Technology demonstrates its full-stack capabilities including wire-controlled braking and steering; Sichuan Jianan’s third-generation electric drive axle is about to be mass-produced.

Thermal management: The Innovation Research Institute exhibits super-integrated thermal management modules; Southern Inter displays multi-zone air-conditioning boxes and other products.

Electronics, appliances and parts: The Electronics and Appliances Division brings products such as power domain controllers; Hunan Tianyan displays transformation results such as superchargers.

Changan Minsheng Logistics presents full-process digital logistics solutions and intelligent equipment.

Innovation brings together new momentum for the industry

China Changan adheres to the brand connotation of “innovation-led”, provides customized cooperation models, introduces intelligent manufacturing and digital management, and strictly controls quality. At the same time, it promotes green supply chains, deploys battery recycling, explores cutting-edge fields with industry chain partners, and promotes high-quality development of the automobile industry.

 

View original content:https://www.prnewswire.com/apac/news-releases/towards-new-trends-gathering-new-trends-and-innovating-china-changan-makes-its-debut-at-the-2025-shanghai-auto-show-302437149.html

SOURCE China Changan

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X-PHY Inc Unveils Real-Time Deepfake Detection Tool Ahead of RSA Conference 2025

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52 minutes ago

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April 24, 2025

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Expanding its AI-powered security suite, X-PHY takes aim at the rising threat of AI-generated deception

SAN FRANCISCO, April 24, 2025 /PRNewswire/ — X-PHY Inc, a leading innovator in embedded cybersecurity technology, has announced the launch of its latest solution ahead of RSA Conference (RSAC) 2025 – Deepfake Detector – a real-time deepfake detection tool that empowers users to verify the authenticity of videos, audio, and images directly on their devices, without relying on the cloud. Live demonstrations will be held for the first time during RSAC.

The growth of deepfakes has been exponential – deepfake content on social media alone grew 550% between 2019 and 2023, and the World Economic Forum states it is a key global risk. X-PHY’s innovation is designed to combat AI-generated deception, enabling users to verify the authenticity of digital media – including videos, images, and audio – with up to 90% accuracy, in real-time. This marks X-PHY’s expansion into AI-driven content integrity solutions, bridging data protection with digital trust.

“At X-PHY, we are committed to extending our ethos of Security by Design beyond data protection,” said Camellia Chan, CEO and Co-Founder of X-PHY Inc. “The X-PHY Deepfake Detector strengthens our vision of a Community Root of Trust, where every layer – from hardware to data to content – serves as a checkpoint for authenticity and security. By combining deepfake detection with our existing hardware-embedded defences, we’re ensuring every endpoint not only protects data, but actively discerns and verifies the trustworthiness of the information flowing through it.”

On-Demand Deepfake Detection

Upon activation, the X-PHY Deepfake Detector uses multi-modal AI to analyze video, image, and audio streams in real time. By examining facial micro-expressions, voice fingerprints, and Generative Adversarial Network (GAN)-generated artifacts, it flags signs of manipulation – even across multiple video windows. Detection is performed entirely on-device, preserving privacy and functioning even without an internet connection.

This is achieved through the Deepfake Detector’s use of advanced temporal and spatial AI analysis, powered by pre-trained neural networks. These models are capable of identifying subtle inconsistencies across facial movements, audio waveforms, and image artifacts – common signs of AI-generated content.

When combined with X-PHY’s patented hardware-based protections, this forms a seamless security ecosystem, protecting both stored data and the integrity of digital communications.

Flexible Deployment, Fuss-Free Integration

Designed for seamless adoption, the Deepfake Detector offers flexible deployment options to suit varying enterprise needs. It can be installed as a lightweight software agent on personal computers and laptops running on Windows operating systems or packaged with the X-PHY Cybersecure SSD – creating a unified defense layer that spans data protection, ransomware prevention, and deepfake detection.

The solution is application-agnostic, compatible with leading platforms like Teams, Zoom, Webex, Chrome, YouTube, and Meta. Users can activate it with a single click when joining a meeting, where it runs autonomously for a preset duration and can be re-engaged as needed.

Built on Zero Trust principles, the solution adds an additional layer of authentication and verification at the device level, helping organizations strengthen their cyber resilience against AI-powered deception and reducing reliance on external validation systems that often introduce unnecessary operational complexity.

X-PHY Deepfake Detector is now available for purchase through the official X-PHY website and from authorized global channel partners. For enterprise enquiries or bulk deployments, please contact our sales team at info@x-phy.com. 

Experience live demonstrations at X-PHY Inc’s Booth #5368, located in the North Expo Hall of the Moscone Center, from April 28 to May 1 during RSA Conference 2025.

About X-PHY Inc

X-PHY Inc is a pioneering cybersecurity company dedicated to hardware-based cybersecurity solutions that protect data at its core. Built on the principle of Security by Design, X-PHY embeds protection directly at the physical layer for proactive, autonomous, and real-time defense against evolving cyber threats. Headquartered in California, USA, X-PHY Inc was established in 2021 and has since developed a growing portfolio of 43 patents, reinforcing its commitment to innovative AI-embedded security at the hardware level. The company’s patented solutions safeguard endpoints, servers, and data centers, ensuring zero-trust resilience across industries.

X-PHY Inc is part of the Flexxon Group, a leader in hardware engineering and memory solutions, leveraging its legacy of innovation and expertise in secure storage to build cutting-edge cybersecurity technologies for the digital world.

For more information, please visit:
X-PHY: x-phy.com
Flexxon: flexxon.com 

View original content:https://www.prnewswire.com/news-releases/x-phy-inc-unveils-real-time-deepfake-detection-tool-ahead-of-rsa-conference-2025-302435625.html

SOURCE X-PHY Inc

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Technology

Bright Scholar Schedules Unaudited Financial Results for the Second Quarter of Fiscal 2025 Ended February 28, 2025

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52 minutes ago

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April 24, 2025

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CAMBRIDGE, England and FOSHAN, China, April 24, 2025 /PRNewswire/ — Bright Scholar Education Holdings Limited (“Bright Scholar,” the “Company,” “we” or “our”) (NYSE: BEDU), a global premier education service company, today announced that it will release its unaudited financial results for the second quarter of fiscal 2025 ended February 28, 2025, on April 28, 2025, before the US market opens.

The Company’s management will host an earnings conference call at 7:00 a.m. U.S. Eastern Time (7:00 p.m. Beijing/Hong Kong Time) on April 28, 2025.

Dial-in details for the earnings conference call are as follows:

Mainland China:

4001-201203

Hong Kong:

800-905945

United States:

1-888-346-8982

International:

1-412-902-4272

Participants should dial-in at least 5 minutes before the scheduled start time and ask to be connected to the call for “Bright Scholar Education Holdings Limited.”

Additionally, a live and archived webcast of the conference call will be available on the Company’s investor relations website at http://ir.brightscholar.com/.

A replay of the conference call will be accessible after the conclusion of the live call until May 5, 2025, by dialing the following telephone numbers:

United States Toll Free:

1-877-344-7529

International:

1-412-317-0088

Replay Passcode:

2410484

About Bright Scholar Education Holdings Limited

Bright Scholar is a global premier education service Group. The Company primarily provides quality international education to global students and equips them with the critical academic foundation and skillsets necessary to succeed in the pursuit of higher education.  

For more information, please visit: https://ir.brightscholar.com/.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company’s business plans and development, which can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

IR Contact:
Email: BEDU@thepiacentegroup.com
Phone: +86 (10) 6508-0677/ +1-212-481-2050

Media Contact:
Email: media@brightscholar.com

 

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SOURCE Bright Scholar Education Holdings Ltd.

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