Due to the recent surge in the proliferation of smart wireless devices that feature higher data speeds, there has been a rise in demand for faster indoor data communication services. Moreover, there is a sharp increase in the amount of mobile data being generated worldwide, and much of this data comes from residential wireless applications like high-definition TV, device-to-device communication, and high data rate indoor networks (i.e., local and cellular). These technologies need large capacity, high data rate indoor wireless networks with huge bandwidth. Consequently, a greater interest exists in implementing an effective and trustworthy indoor propagation model for next-generation wireless systems operating in the massively bandwidth-rich millimeter wave (mm-wave) frequency range. The analysis of mm-wave propagation characteristics in an indoor environment using the ray tracing approach is proposed in this paper. Propagation modeling for 60 GHz bands is included. The aspects of wideband propagation characteristics such as angular spread, path loss, delay spread, and power delay profile are modeled in this paper. The position of transceivers, antenna effect, and attenuation, in the hallways, and stairwells will all be considered while determining the propagation parameters. This includes wave propagation characteristics like absorption, reflection, and diffraction by building structures and furniture. The specifications for propagation characteristics are included in the article for developing indoor local and cellular networks. In this paper, the IRT model has been tested at 60 GHz for potential mobile communication and is identified as the best method for predicting signal attenuation caused by objects, barriers, or humans within buildings in internal millimeter wave transmission.