In 2016, the global smart antenna market was worth USD 4,486.1 millions. Smart antennas improve wireless communication quality by managing received signals and reducing errors. The key trends driving market growth are growing demand for wireless communication, and the increasing need for high-speed communications networks.
In the past few years, smart antennas have been in high demand due to the increased need for data transmission. Smart antennas offer multiple access interference, range extension and power control. They also reduce the fading of signals and multipath management. Smart antennas improve the performance of wireless communication.
Smart antennas enable the personalization of data signals to meet user requirements, which improves productivity. Smart antennas are expected to see increased demand due to the rapid development of economies that need the most recent technologies. The market's growth will be impeded by high manufacturing and maintenance expenses.
Implementing smart antennas requires a number of technical challenges. Maintenance and engineering costs are high as well. The cost of smart antennas increases with an increase in base station capacity.
The market can be divided by application into Wi-Fi systems and WiMAX systems as well as RADAR. Cellular systems dominated the market in 2016. Due to increasing use of smart antennas for smartphones, cellular systems will continue to dominate this market until 2025.
According to forecasts, the WiMAX system segment will be the fastest growing segment. It allows operators to manage fixed and mobile communications devices with greater flexibility. It also reduces interference from narrow beam operation. Due to increasing use of wireless networks and smart devices, the Wi-Fi systems segment will see significant growth.
The smart antenna market can be divided by technology into three segments: SIMO (Single input multiple output), MIMO (Multiple input multiple output), and MISO. MIMO is expected to grow at the highest rate over the forecast period because it offers both MISO AND SIMO facilities. MIMO is highly preferable because it doesn't incur additional costs for bandwidth or transmission of power.
The MIMO segment follows closely behind the SIMO segment. Its widespread use in wireless local area networks, digital communication systems and metropolitan area networks can explain the growth of the former. MISO technology can be used to reduce errors, speed up data transmissions, and allow customization of signals.
In 2016, North America was the dominant market. This trend is expected to continue in the future due to the availability of high-quality wireless communication system and a thriving market for smartphones. Strong players have significantly contributed to smart antenna adoption in the region. The North American market has grown significantly due to rapid development and early adoption of new technologies in different sectors.
This market will see significant growth in the developing countries of Asia Pacific and Latin America. These countries are investing more in IoT and smart cities and other advanced technologies. This will require a better network infrastructure. These regions also see a rise in smartphone adoption and internet penetration. These factors will help to grow the market in these regions.
Broadcom Limited, Airgain Inc., Intel Corporation, Motorola Solutions, Inc., Qualcomm Technologies, Inc., Telstra, and Texas Instruments Inc. are some of the major players in this market. They are increasing their research and development spending to develop innovative solutions and gain strategic advantage over their competition.
Major market players have used mergers & acquisitions and expansions as part of their strategies to increase their market share. Airgain Inc. purchased Antenna Plus in 2017 to improve its mobile and automotive fleet applications for government, public safety and industrial IoT. Motorola Solutions, Inc. purchased Spillman Technologies in 2016, a move that allowed the company to expand its software portfolio.
This report forecasts revenue growth at both the country and global levels. It also provides analysis of industry trends for each sub-segment from 2014 through 2025. Up Market Research has divided the global smart antenna market report by technology, application, and location.
App Outlook (Revenue USD Million, 2014-2025)
Wi-Fi Systems
WiMAX Systems
Cellular Systems
RADAR Systems
Technology Outlook (Revenue USD Million, 2014-2025)
SIMO
MIMO
MISO
Regional Outlook (Revenue USD Million, 2014-2025)
North America
The U.S.
Canada
Europe
The U.K.
Germany
Asia Pacific
China
Japan
Rest of the World
Up Market Research published a new report titled “Smart Antenna Market research report which is segmented by Technology (MISO, SIMO, MIMO), by Application (WiMAX Systems, Cellular Systems, Wi-Fi Systems, RADAR Systems), By Players/Companies Inc; Telstra; and Texas Instruments Inc Key smart antenna manufacturers are primarily focusing on providing updated and advanced solutions They have increased their spending on research & development to create innovative solutions and gain strategic advantages over their competitors, Airgain Inc; Broadcom Limited; Intel Corporation; Motorola Solutions, Inc; Qualcomm Technologies”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Smart Antenna Market Research Report |
By Technology | MISO, SIMO, MIMO |
By Application | WiMAX Systems, Cellular Systems, Wi-Fi Systems, RADAR Systems |
By Companies | Inc; Telstra; and Texas Instruments Inc Key smart antenna manufacturers are primarily focusing on providing updated and advanced solutions They have increased their spending on research & development to create innovative solutions and gain strategic advantages over their competitors, Airgain Inc; Broadcom Limited; Intel Corporation; Motorola Solutions, Inc; Qualcomm Technologies |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 212 |
Number of Tables & Figures | 149 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Technology (MISO, SIMO, MIMO), by Application (WiMAX Systems, Cellular Systems, Wi-Fi Systems, RADAR Systems).
Smart Antenna Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Smart Antenna Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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