Key Findings
European millimeter wave technology market is propelled by a CAGR of 30.24 %, the Europe millimeter wave technology market is expected to showcase a healthy growth over the forecasted period of 2019-2027 owing to the growth in initiatives taken to encourage the adoption of highly developed safety techniques, which will help in increasing the adoption of MMW technology in the security and defense segment.

Market Insights
Germany is the largest market for smart homes in Europe, followed by France, the UK, Switzerland, and Spain. This will increase the demand for millimeter wave technology in the region during the forecast period.

According to German Communication report, the German government has invested $775 thousand considering the adoption of 5G technology which would, in turn, lead to the deployment of millimeter wave technology as 5G technologies thereby positively impacting the market.

The France millimeter wave technology market is driven due to the initiatives taken by the private organizations along with the rising adoption and trend of augmented reality in the country thereby boosting the growth of the market in the Europe region.

Competitive Insights
Companies like Farran Technology Ltd., Sivers Ima, Bridgewave Communications, Inc., Lightpointe Communications, Inc., Sage Millimetre, Fujitsu Limited, Millitech Inc. (Acquired By Smith Group), Aviat Networks, Inc, Trex Enterprises Corporation, Keysight Technologies, Inc., Quinstar Technology Inc., E-Band Communications, LLC, Siklu Communication Ltd., Proxim Wireless Corporation (Acquired By Terabeam), and NEC Corporation are mentioned in the report.