Technology
TCL STUDIOS PRESENTS FILM SLATE FROM FIRST EVER TCL FILM MACHINE AI DEVELOPMENT PROGRAM
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Five Film Shorts to World Premiere at the TCL Chinese Theater on Nov 19
All Films will Launch on the TCLtv+ Streaming Service Beginning Dec 12
NEW YORK and LOS ANGELES, Nov. 12, 2024 /PRNewswire/ — TCL Studios, the new global production hub for TCL’s flagship streaming service, TCLtv+, today announced the development slate from its first-ever AI TV/FILM accelerator program, FILM MACHINE. The five films will debut at the TCL Chinese Theater on November 19. The theatrical debut of the films will be followed by their launch on TCLtv+ beginning December 12. TCLtv+ is the flagship streaming service offered by leading consumer electronics company, TCL. It is currently available on TCL Roku TV and all Roku devices, TCL Google TV, and TCL Fire TV, as well as through the app store. The films will be promoted and featured prominently on TCLtv+.
The TCL FILM MACHINE program was developed by Haohong Wang, General Manager of TCL Research America, Chris Regina, Chief Content Officer, TCL North America, and Daniel Smith, TCL Chief Creative Officer. In making the initial announcement, Wang said, “The ‘Film Machine’ program was designed to build new pathways for creatives to find success in the industry and help shape the future of storytelling.” He added, “We wanted to showcase AI as a catalyst for innovation and creative collaboration, and we are astonished at the creative heights achieved by these filmmakers.”
The TCL FILM MACHINE program is a key pillar of TCLArt, an important brand initiative of TCL to make art more accessible and inspiring worldwide. Standing for “The Creative Life”, the brand of TCL fosters creativity across its wide-ranging product portfolio, from TVs and smartphones to smart home devices. TCLArt serves as a platform to fulfill this commitment. By blending AI film technology via TCL product offerings, TCLArt aims further to inspire the artists of tomorrow in the film sector.
The five film shorts were helmed by industry creatives selected by TCL for the inaugural program. The five finalists, George Huang (Writer/Director), Paul Johansson (Actor/Writer/Director), Kellita Smith (Actress/Model/Comedian), Chen Tang (Actor), and Kurt Yaeger (Actor/Writer) were chosen based on their passion for learning, desire to implement AI into future Hollywood projects, their unique and creative perspectives, and their professional background. The TCL Studios teams supported each filmmaker using the most advanced AI tools and technology for storyboarding, animating, scoring, and editing. The pipeline program provided customized development, financial and production support to each creative, resulting in a truly unique bespoke slate of films.
The TCL leadership team executive produced each of the films and was supported by award filmmaker Dave Clark, an early pioneer in the use of AI in TV and Film. Clark was an invaluable asset to the TCL teams for his unique perspective and problem-solving skills. Clark will Keynote the TCL screening event.
Film Machine Film development slate:
FILM MACHINE PROJECT: THE AUDITION
Writer/Director George Huang leaned into comedy for his Film Machine film short. THE AUDITION features an actor performing the impossible to fit the director’s illogical vision for the role.
Credits:
Writer, Director, EP: George Huang
Cast: Roger Fan, Alexandra Barreto, Garrett Boudreaux
FILM MACHINE PROJECT: THE SLUG
Actor Chen Tang leaned into the Horror genre for his film Machine film short. THE SLUG explores the life of a woman suffering from debilitating disease who goes through a dynamic transformation as result of her home confinement.
Credits:
Writer, EP, Director: Chen Tang
Writer, EP: Rachel Greenhoe
FILM MACHINE PROJECT: PROJECT NEXUS
Actress/Model/Comedian Kellita Smith leaned into Sci-Fi for her animated film short. She drew from experiences in her community to offer the story of four misfit teens – each with a troubled past – discover they’ve unknowingly been part of an accident in prison that gave them superhuman gifts. Gifts that could ignite a revolution and change things…if they manage to escape with their own lives.
Credits:
Writer, EP, Director: Kellita Smith
Writer: Tony Bracy, Carlos Dixon, Eric Smith, Kellita Smith
Cast: Arianna Smith “CAPRI”; Carlos Dixon “CRUSH”; Christian Barron “TANG”;
Matthew Cecil “Sunny “D”; Eric Smith “JUDGE”; Tony Bracy “Officer”; Walter Franks “MENTOR”.
Narrator – Walter Franks
FILM MACHINE PROJECT: SUN DAY
Actor/Writer/Director Paul Johansson leaned into Sci-Fi for his film short. The story opens as a young girl wins a lottery that grants her the exclusive access to a rooftop view of the sun atop a giant building thousands of stories high. The event only happens once every 7 years on her planet, and she is locked in a room on the day of the event. Using the knowledge shared by her father, a maintenance worker, she must navigate the inner workings of the building to escape the room and race against the clock to the rooftop to see the sun.
Credits:
Writer, Director, EP: Paul Johansson
Cast: Rockie Frigerio, Paul Johansson
FILM MACHINE PROJECT: THE BEST DAY OF MY LIFE (WT)
Producer/Writer/Actor Kurt Yaeger crafted a docufiction mountaineering story that delves into a tragic, harrowing event—one that many would assume marks the end of a life, yet often proves to be a profound and uplifting beginning instead.
Credits:
Writer, Director, EP: Kurt Yaeger
Cast: Neil Hoover
Chris Regina added, “The TCL Film Machine program exemplifies TCLArt’s vision of blending cutting-edge technology with artistic expression to foster creativity on a global scale. This is a pivotal moment of realignment in the industry, and TCL is leading the way in demystifying the use of AI tools through our production initiatives. We were honored to welcome all the talented and intrepid visionaries to our TCL Studios. This group of creatives represents the very best of the entertainment industry and their experience and expertise will further strengthen our mission to enhance and advance content creation. We can’t wait for you to see this extraordinary slate of films.”
Daniel Smith said, “These last few months have seen an explosion of profound creativity with many challenges and obstacles, but imagination and determination helped drive us forward. We are so excited to show off these brilliant projects in this celebrated venue.”
Film Machine Bios:
About George Huang
George Huang began his Hollywood career working as an assistant for Paramount Pictures, Universal, Warner Brothers, Disney, and Columbia. He turned a decade of experience fetching coffee into his writing/directing debut, SWIMMING WITH SHARKS starring Kevin Spacey, Frank Whaley, Michelle Forbes, and Benicio del Toro. The 1995 low-budget independent film garnered awards from the Deauville Film Festival, Seattle International Film Festival, Independent Spirit Awards, and the New York Film Critics Circle. His next film is WEEKEND IN TAIPEI starring Luke Evans, Gwei Lun Mei and Sung Kang for EuropaCorp Pictures coming out November 8, 2024. George directed it and co-wrote it with Luc Besson. George is a professor at the UCLA School of Theater, Film and Television. George has worked on dozens of films and tv projects that include S.W.A.T., SPYKIDS, MACHETE, and LAW & ORDER: SVU. His wide range of experiences include Rock the Vote ads, Elijah Wood’s audition reel for LORD OF THE RINGS, and a Nike short film starring Kobe Bryant. He’s worked with acclaimed directors Robert Rodriguez, Luc Besson, and John Woo, as well as many first-time filmmakers and students.
About Chen Tang
Chen Tang began his acting journey while attending Emerson College in Boston with local and regional theater. He moved to New York to pursue a professional career in regional theater, television, and commercials, before finally landing in Los Angeles diving deep into film and television. He began to build a resume with roles in GREY’S ANATOMY, Amazon’s BOSCH, and ABC’s AGENTS OF S.H.I.E.L.D., among many others. Later, he starred as the supporting lead role of ‘Yao,’ a crude and tough, machismo-filled young soldier in Walt Disney Studio’s live action MULAN. Tang has been called by critics and audiences alike as being a “chameleon-like” actor on film and stage. He can most recently be seen reprising his series regular role in the Netflix/MAX series WARRIOR. From Bruce Lee Entertainment, Bruce’s daughter Shannon Lee, Justin Lin, director of the FAST AND FURIOUS franchise, and Jonathan Tropper, the series recently returned for a third season. In addition to acting, Chen has supported the Cambodian Children’s Fund, St. Jude Children’s Research Hospital, and the World Wildlife Fund for numerous years and lends his voice to the preservation of nature, wildlife, and the world’s oceans.
About Kellita Smith
Kellita Smith began her acting career in regional theater and has been working in the entertainment industry for over three decades, with credits spanning television and film. Her tv work includes featured and recurring roles on several iconic series including IN LIVING COLOR, NYPD BLUE, NASH BRIDGES, MARTIN, JAMIE FOX SHOW, and SISTER, SISTER, but Kellita may be best known for her role as Bernie Mac’s wife on FOX’s hit series THE BERNIE MAC SHOW. She received multiple nominations for the role of Wanda, which she played for over six years, and went on to perform in various Netflix and Syfy series and event specials. Kellita received another NAACP nomination for her work on the syndicated Byron Allen series THE FIRST FAMILY. In the film, Smith co-starred alongside Mo’Nique in HAIR SHOW, and later appeared in several films including CROSSING GUARD, HOUSE PARTY 3, FAIR GAME, KING’S RANSOM, ROLL BOUNCE and THREE CAN PLAY THAT GAME. She has been a writer/contributor to several magazines and has done voiceover work for public television’s WTTW. The award-winning actress received an NAACP Theatre Award for her role in the play FEELINGS and her various television roles garnered her multiple nominations throughout her career. She has several projects in development.
About Paul Johansson
Paul was nominated for Emmy Awards for writing and directing in the original Showtime movie THE INCREDIBLE MRS. RITCHIE starring Gena Rowlands. Paul and Gena won Emmys for their work.
Paul first directed the short film, CONVERSATIONS IN LIMBO, he then helmed several music videos and was asked by Nick Cassavetes to direct 2nd unit and all the flashback scenes in the film, YELLOW.
Paul directed 14 episodes of the series ONE TREE HILL, and several episodes of the Netflix hit series VAN HELSING, as well as ATLAS SHRUGGED: PART 1. As an actor, Paul co-starred in SOAPDISH before joining the casts of BEVERLY HILLS 90210, PARKER LEWIS CAN‘T LOSE, LONESOME DOVE: THE SERIES, HIGHLANDER: THE RAVEN, THE DISTRICT, MAD MEN, and starred in the hit ONE TREE HILL for nine years and 158 episodes. He has also guest starred on dozens of television series. His film credits include JOHN Q, ALPHA DOG, SHE’S SO LOVELY, THE NOTEBOOK, EDGE OF MADNESS, THE RIVER THIEF, BAD HOMBRES, CRYPTO, MUZZLE, DEAR ELEANOR, and GOD IS A BULLET. Currently, Paul has a large slate of projects in the works and is a founding member of 369 Film Finance Company which is actively financing multiple projects.
About Kurt Yaeger
Born in South San Francisco, Kurt Yaeger journeyed from professional athlete to dedicated hydrogeology researcher, pursuing a master’s degree, and investigating fluvial dynamics for dam removal projects with Berkeley Labs, until an accident altered his life’s trajectory. Kurt transitioned into the world of entertainment, where his career as a writer and actor flourished, and is now expanding to include producing and directing, Kurt is a proud member of the disabled community, fighting to make everyone understand the intrinsic value of a life well-lived with a disability. Through film and television, he strives to explore these themes with positivity and honesty. Kurt runs a production company, XA Endowment, that promotes positive portrayals of disability in films. XA is a film endowment that re-envisions how disabled talent is recognized and discovered. Kurt is a member of SAG/AFTRA (Performers with Disability Committee Member); Writers Guild of America (Writers with Disabilities Member), and Producers Guild Diversity Workshop Member
About Dave Clark
Dave Clark has pioneered the use of AI as a storytelling device in film, TV, and advertising. Regarded as one of the leading futurists, in the storytelling world, Clark is a writer/director passionate about telling stories from a dark, grounded, and human perspective in different genres. He has recently amassed millions of views for his groundbreaking viral AI directing work and is a sought-after voice for industry discussion about the use of AI tools to enhance development.
About TCLArt
TCLArt, launched by TCL in 2024, is a pioneering initiative that harnesses technology to make art more accessible and inspiring worldwide. By blending cutting-edge display innovations with artistic expression, TCLArt enhances art’s impact on society and fosters global creativity. Collaborating with renowned museums and showcasing at premier events, TCLArt embodies TCL’s mission to elevate everyday life through intelligent technology. Guided by TCL’s “Be Global, Be Caring, Be Tech” strategy, TCLArt transforms the world by fusing technology and boundless creativity.
About TCLtv+
TCLtv+ App is TCL’s dedicated ad supported streaming service that offers consumers in North America access to a wide array of entertainment, news, sports, and lifestyle programming. It provides viewers with a free and growing library of premium content from world-class content studios. In collaboration with creative partners who are also on the cutting edge of technology, TCL’s highly curated content offerings bring the next generation of TV viewing to audiences with a broader, more dynamic library of streaming channels. The expanding service now includes over 350 FAST Channels and – thousands of premium film and TV series. TCL is making significant advances using AI technology, as its TCL Studios continues to develop original content, further differentiating itself from other streamers and OEMs. TCLtv+ is currently available on TCL Roku TV and all Roku devices, TCL Google TV, and TCL Fire TV, and will soon be available on all TCL Connected TVs in the US and Canada. Visit the TCLtv+ website at TCLTVPLUS.com.
TCL Studios
TCL Studios is the new global production hub for TCL’s flagship streaming service, TCLtv+. It boasts a global team of animators, VFX experts and AI engineers, customizing the latest AI technology and empowering producers, writers, and actors to create premium television programs. The studio creates custom AI models and employs the latest technology including Stable Diffusion and others. The team hails from around the world pushing creative and enhanced storytelling by layering tech and high-quality design animation over traditional narrative.
Note: All unedited finalist bios are available on IMDb:
Follow TCLtv @tcltvplus X: @TCLtvplus Youtube: youtube.com/@TCLtvplus
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Thermaltake Black Friday and Cyber Monday Sale Offers Savings of Up to 250 Dollars on Gaming PCs and 35 Percent on PC Cases Starting November 21
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25 minutes agoon
November 14, 2024By
Shop Exclusive Deals on Gaming Desktops, PC Cases, Coolers, and Power Supplies at Amazon, Best Buy, Newegg, and Thermaltake website for a Limited Time Through December 2
WALNUT, Calif., Nov. 14, 2024 /PRNewswire-PRWeb/ — Thermaltake, a global leader in PC gaming hardware, is excited to announce its highly anticipated Black Friday and Cyber Monday sales event, running from November 21 to December 2, 2024. Just in time for the holiday season, this event offers exclusive discounts on around 60 top-rated gaming products, including savings of up to 35 percent on PC cases and up to 250 dollars off select gaming desktops. Customers can also take advantage of additional deals on cooling solutions, power supplies, and accessories.
Highlighting this promotion are flagship prebuilt gaming desktops powered by the latest Intel® Core processors and NVIDIA® GeForce RTX™ 40 series graphics cards, premium PC cases, cooling fans, and AIO liquid coolers. These unbeatable offers will be available through major online retailers, including Amazon, Best Buy, Newegg, and Thermaltake Website, providing gamers and enthusiasts the perfect opportunity to upgrade their setups with high-performance, reliable gear just in time for the holidays.
“Thanksgiving, Black Friday, and Cyber Monday have become a celebrated tradition for shoppers across the nation. Thermaltake is excited to be part of this festive season, offering an array of special deals as a token of appreciation to our valued customers and the gaming community,” said Michael Guo, Vice President of Thermaltake USA. “We invite every gamer to take advantage of these special offers. Our promotion, available through major e-tailers like Amazon, Best Buy, and Newegg, offers a great opportunity for enthusiasts to enhance their gaming experience.”
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All Thermaltake pre-built gaming desktop PCs and PC DIY components are backed by the comprehensive Thermaltake USA warranty program, ensuring consumers with reliable performance and peace of mind through trusted warranty coverage. To learn more: https://support.thermaltake.com/csWarranty.aspx
About Thermaltake
Thermaltake Technology was established in 1999 and has been marketed worldwide under the Thermaltake brand name ever since. With the mission to “Deliver the perfect user experience,” Thermaltake has since become the leading brand in Gaming Computer Hardware: from chassis, power supply units, cooling systems, and memory modules to gaming PCs, gaming peripherals, and gaming furniture. Thermaltake is the leader in the PC DIY, Case Mod & Gaming Market and is the number one choice for Gamers, Modders & PC DIY Enthusiasts worldwide.
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Agora Launches Smart Questionnaire to Simplify the Onboarding and Subscription Process For Real Estate Investors
Published
25 minutes agoon
November 14, 2024By
The new tool converts complex signature documents into personalized, interactive, and simple questionnaires.
NEW YORK, Nov. 14, 2024 /PRNewswire/ — Agora, a leading real estate investment management platform with offices in New York City and Tel Aviv, is announcing the launch of its Smart Questionnaire. This tool is designed to help real estate LPs complete subscription agreements, and ultimately empower GPs to raise capital faster. Agora’s Smart Questionnaire reduces the complexity of the subscription process, helping convert complex signature documents into simple, personalized interactive questionnaires.
What the Smart Questionnaire does:
Transforms Complex Documents: Converts subscription documents into simple, interactive questionnaires that investors can complete with ease.Personalizes Content for Investors: Allows GPs to create interactive, pre-filled questionnaires that are simple and efficient for LPs to complete.Facilitates Seamless Collaboration: Supports multi-user input, allowing LPs, GPs, family offices, and others to complete sections collaboratively.Supports Efficient Revisions: Allows investors to correct only the necessary fields without redoing the entire form, minimizing back-and-forth.Streamlines Key Processes: Simplifies creation and completion of subscription agreements, operating agreements, and limited partnership agreements, making onboarding faster and more user-friendly.
“Agora has cracked the code for investor onboarding with our Smart Questionnaire. The tool turns complex subscription agreements into digital, interactive questionnaires that investors can complete in a few clicks,” stated Lior Dolinski, Co-Founder and Chief Product Officer of Agora. “This solution not only simplifies the process for investors but also enhances collaboration between LPs and GPs, creating a smoother, more efficient experience for real estate investment firms.”
Agora’s Smart Questionnaire offers the opportunity to enhance investors’ experiences with personalized workflows, simplify and speed up onboarding and investor commitments, and make for easier collaboration – similar to many of its other tools designed specifically for real estate professionals. Further, the launch of the Smart Questionnaire comes shortly after the launch of Agora’s Report Builder, a first-of-its-kind tool that helps real estate professionals create custom reports for clients, such as distribution notices, quarterly reports, and more, and is similar to website-building tools such as Wix or Squarespace, incorporating drag-and-drop functionality and dynamic fields. Additionally, Agora also launched its Waterfall Tool, which helps professionals navigate waterfall distributions – a method of allocating capital gains or returns among investors.
Book a demo to learn more about Agora here: https://agorareal.com/
About Agora:
Agora, a fintech and SaaS company based in New York City and Tel Aviv, offers an innovative real estate investment management platform designed for modern real estate investment businesses. This comprehensive software solution combines technology, automation, and real estate expertise to streamline investment management. Agora transforms how firms raise and preserve capital, delivering a seamless, efficient experience for both managers and investors by automating back-office tasks, enhancing investor satisfaction, and providing advanced tools to optimize operational efficiency. Core services include investor portals, CRMs, data rooms, automated investor onboarding, and expert CPA for bookkeeping and tax management, giving clients comprehensive control over their financial operations. Additionally, Agora delivers powerful data insights, enabling clients to make informed, data-driven decisions across a wide range of asset classes, including multifamily, residential, industrial, office, agriculture, and debt and equity funds.
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SOURCE Agora Real Estate
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Millimeter Wave Technology Market is expected to generate a revenue of USD 14.8 Billion by 2031, Globally, at 9.5% CAGR: Verified Market Research®
Published
25 minutes agoon
November 14, 2024By
Verified Market Research® a leading provider of business intelligence and market analysis is thrilled to announce the release of its comprehensive and authoritative report on the, “Millimeter Wave Technology Market Size and Forecast.” This in-depth market research report is designed to provide industry leaders, decision-makers, and technology experts with critical insights into the expanding world of millimeter wave technology, emphasizing its pivotal role in future communication and industrial applications.
LEWES, Del., Nov. 14, 2024 /PRNewswire/ — The Global Millimeter Wave Technology Market Size is projected to grow at a CAGR of 9.5% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 2.6 Billion in 2024 and is expected to reach USD 14.8 Billion by the end of the forecast period.
The global market for millimeter wave technology is on a trajectory of substantial growth, driven by the surge in demand for high-speed, data-intensive communication networks, particularly in 5G and beyond. Our report offers a complete view of the market landscape, covering key segments, competitive dynamics, emerging trends, and the opportunities that lie ahead.
Key Insights and Opportunities:
Market Trends: Analysis of current trends driving the adoption of millimeter wave technology, including its increasing integration in telecommunications, automotive radar systems, and industrial automation.Technology Landscape: In-depth examination of advancements in millimeter wave components such as antennas, transceivers, and sensors that are reshaping the industry.Competitive Analysis: Insightful profiling of leading companies and their market strategies, innovation roadmaps, and R&D investments.Regional Insights: Comprehensive coverage of market dynamics in North America, Europe, Asia-Pacific, and other regions, highlighting the growth potential in developing and mature markets.Future Outlook: Forecasting market size, potential challenges, and opportunities to help businesses navigate this rapidly evolving sector.
This report is a crucial resource for professionals involved in the fields of telecommunications, semiconductor manufacturing, defense, and IoT (Internet of Things), providing actionable intelligence to drive informed strategic decisions. Companies seeking to stay ahead of the curve will find detailed competitor benchmarking, key investment pockets, and insights into technology partnerships that can lead to competitive advantages.
Why Industry Leaders Should Consider This Report:
Gain a clear understanding of the market’s growth drivers and restraints.Uncover new revenue streams in the dynamic millimeter wave technology space.Benchmark your position against industry competitors and recognize areas for improvement.Make data-driven investment decisions backed by a reliable forecast and detailed market analysis.
Stay ahead of the curve in the ever-evolving Millimeter Wave Technology Market. For more information or to request a sample copy of the report, please visit: https://www.verifiedmarketresearch.com/download-sample?rid=3287
Browse in-depth TOC on “Global Millimeter Wave Technology Market Size“
202 – Pages
126 – Tables
37 – Figures
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
GROWTH RATE
CAGR of 9.5% from 2024 to 2031
BASE YEAR FOR VALUATION
2024
HISTORICAL PERIOD
2021-2023
FORECAST PERIOD
2024-2031
QUANTITATIVE UNITS
Value in USD Billion
REPORT COVERAGE
Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis
SEGMENTS COVERED
ComponentFrequency BandProductLicense TypeEnd-User
REGIONS COVERED
North AmericaEuropeAsia PacificLatin AmericaMiddle East & Africa
KEY PLAYERS
Qualcomm Technologies, Inc., NEC Corporation, L3 Technologies, Inc.,, Millimeter Wave Products Inc.,, Keysight Technologies
CUSTOMIZATION
Report customization along with purchase available upon request
Global Millimeter Wave Technology Market Overview
Rising Demand for High-Speed Data Transmission: The increase in mobile data traffic and the expansion of 5G networks are driving the Millimeter Wave Technology Market. Rapid data transfer is essential for facilitating next-generation communication. This transition facilitates uninterrupted streaming, IoT integration, and smart city development, increasing investment in millimeter wave technologies, improving network efficacy, and creating a profitable market for telecoms companies.
Advancements in Automotive and Autonomous Technologies: The automotive and autonomous vehicle industries are progressively integrating millimeter wave technologies to improve radar and communication systems. These technologies provide accurate object identification, collision prevention, and lane guidance. As the automotive sector advances towards autonomous driving solutions, millimeter wave technology becomes crucial, facilitating market growth. Manufacturers and suppliers in automotive electronics are anticipated to witness significant demand growth.
Growth in Military and Defense Applications: Military and defense sectors are heavily investing in advanced millimeter wave technology for secure and high-speed communication, radar systems, and surveillance. Its superior bandwidth and low interference make it ideal for defense communications. The focus on modernizing defense capabilities in developed and developing nations is expected to drive market growth. Defense contractors and technology developers will find abundant opportunities in this evolving sector.
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High Infrastructure and Equipment Costs: Notwithstanding its benefits, the substantial initial expenses associated with millimeter wave technology infrastructure hinder widespread implementation. The establishment of network infrastructure and specialized equipment requires substantial expenditure, constraining market entry in price-sensitive areas. Companies must evaluate the advantages relative to the significant investment, which may impede market expansion for cost-sensitive sectors such as telecommunications and manufacturing.
Signal Attenuation Challenges: Millimeter wave signals are prone to attenuation, particularly when encountering obstructions like buildings, trees, or inclement weather. This constraint affects the efficacy of the device in densely populated or difficult areas. Mitigating signal loss necessitates increased network densification and the installation of repeaters, hence complicating deployment and escalating expenses. Service providers must devise strategies to alleviate these constraints for sustained market expansion.
Limited Availability of Spectrum: The Millimeter Wave Technology Market is hindered by the restricted availability of spectrum, essential for 5G and high-frequency applications. Regulatory constraints and rivalry for spectrum allotment among companies may impede expansion initiatives. Telecommunications companies and allied sectors encounter challenges in obtaining adequate spectrum to sustain their services, which may affect the velocity and magnitude of future installations.
Geographical Dominance
North America occupies a preeminent position in the Millimeter Wave Technology Market, propelled by early 5G implementation, substantial R&D investment, and a flourishing technological ecosystem. The involvement of critical stakeholders and a robust defense sector further enhances progress. This regional supremacy propels technological advancements and establishes global benchmarks, stimulating demand for millimeter wave solutions internationally. North America’s leadership encourages investment in other regions, enhancing total market growth.
Key Players
The “Global Millimeter Wave Technology Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Qualcomm Technologies, Inc., NEC Corporation, L3 Technologies, Inc., Millimeter Wave Products Inc., Keysight Technologies.
Millimeter Wave Technology Market Segment Analysis
Based on the research, Verified Market Research has segmented the global Millimeter Wave Technology Market into Component, Frequency Band, Product, License Type, End-User and Geography.
Millimeter Wave Technology Market, by ComponentFrequency Sources & Related ComponentsCommunication & Networking ComponentsMillimeter Wave Technology Market, by Frequency Band24-57 GHz57-95 GH2Millimeter Wave Technology Market, by Vehicle TypeScanning SystemsRadar and Satellite Communication SystemsMillimeter Wave Technology Market, by License TypeLight LicensedUnlicensedMillimeter Wave Technology Market, by End UserCellular & TelecomConsumer & CommercialMillimeter Wave Technology Market, by GeographyNorth AmericaU.SCanadaMexicoEuropeGermanyFranceU.KRest of EuropeAsia PacificChinaJapanIndiaRest of Asia PacificROWMiddle East & AfricaLatin America
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Millimeter Wave Technology Market is expected to generate a revenue of USD 14.8 Billion by 2031, Globally, at 9.5% CAGR: Verified Market Research®
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