Low-loss Materials for 5G Market
The current value of the 𝐥𝐨𝐰-𝐥𝐨𝐬𝐬 𝐦𝐚𝐭𝐞𝐫𝐢𝐚𝐥𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 for 5G in the United States is estimated at around US$ 2.6 million, with forecasts indicating significant growth to reach US$ 19.2 million by 2032. Major telecom giants in the U.S., such as AT&T and Verizon, have already embarked on deploying 5G networks, showcasing concerted efforts to ensure nationwide availability of 5G services across their platforms.
On a global scale, the low-loss materials market for 5G reached approximately US$ 13.9 million in 2022. With a projected impressive compound annual growth rate (CAGR) of 25.4%, the global demand for low-loss materials tailored for 5G is set to surge, reaching a substantial market value of US$ 133.6 million by the end of…