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Millimeter-wave (mmWave) and massive multi-input–multi-output (mMIMO) communications are the most key enabling technologies for next generation wireless networks to have large available spectrum and throughput. mMIMO is a promising technique for increasing the spectral efficiency of wireless networks, by deploying large antenna arrays at the base station (BS) and perform coherent transceiver processing. Implementation of mMIMO systems at mmWave frequencies resolve the issue of high path-loss by providing higher antenna gains. The motivation for this research work is that mmWave and mMIMO operations will be much more popular in 5G NR, considering the wide deployment of mMIMO in major frequency bands as per 3rd generation partnership project. In this paper, a downlink multi-user mMIMO (MU-mMIMO) hybrid beamforming communication system is designed with multiple independent data streams per user and accurate channel state information. It emphasizes the hybrid precoding at transmitter and combining at receiver of a mmWave MU-mMIMO hybrid beamforming system. Results of this research work give the tradeoff between multiple data streams per user and required number of BS antennas. It strongly recommends for higher number of parallel data streams per user in a mmWave MU-mMIMO systems to achieve higher order throughputs. [ABSTRACT FROM AUTHOR]