5G Millimeter Wave Repeater Market Size, Growth, Trends, Outlook And Forecast By 2028

The global 5G millimeter wave repeater market size market size was significantly robust in 2020 and is expected to register a steady revenue CAGR during the forecast period.

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Steady global 5G millimeter wave repeater market revenue growth can be attributed to rapid technological advancements on 5G technology, recent advancements in edge computing systems, ongoing research and development activities, and rising adoption of 5G millimeter wave (mmWave) repeater by automobile companies.

Increasing initiatives by governments and private companies worldwide on 5G infrastructure and telecommunication signals in 5G millimeter wave repeaters is driving market growth to a significant extent. For instance, in June 2021, Qualcomm Technologies launched Over-The-Air (OTA) prototypes to improve 5G mmWave performance.