Economic Impact of Millimeter Wave Wireless Communication: A Review

The demand for high data rate and exponential growth of mobile data trafficking, which creates scarcities of bandwidth under microwave frequency experienced by wireless communication has motivated to invoke millimeter-wave (mm- Wave) spectrum for future 5G broadband mobile communication networks. This survey paper review the research works on the characteristics of the mm-Waves propagation channel and highlights the main challenges, solutions, and benefits associated with the use of mm-Waves, and their performance analysis. The paper also discusses proper technical implementation strategy and economic benefits from the operator side.