Press release
Global Distributed Antenna Systems Market to Expand at 12.16% till 2023
New York March 28, 2019 : According to a new report released by Research on Global Markets, the global distributed antenna systems market is expected to expand at a compound annual growth rate (CAGR) of 12.16% and reach a market size of USD 12.2 Bn by 2023.As per the present market scenario, the invention of internet of things (IoT) has apparently affected, positively or negatively, each and every industry of the globe. This high dependency on internet connectivity has given rise to network interruption. Slow internet bandwidth is not acceptable anymore, and the demand for faster network speeds is ever increasing. The advent of 5G technology will imply higher frequency mobile communication mode with a shorter range. This is expected to cause further network traffic.
The distributed antenna systems (DAS) is anticipated to be an effective solution for undisturbed indoor and outdoor wireless connectivity. The DAS system is especially productive in remote open areas that require better network coverage and in high rise buildings where limited network distribution leads to low connectivity. With economic development, the number of emerging organizations and industries has increased massively. Internet connectivity is crucial for any enterprise to spread and flourish which is why they need better network coverage for voice clarity during phone calls, higher bandwidth while connecting via e-mails and so on. The DAS system will be the provider for distributed network channels to these enterprises and hence the market is set to flourish.
The exponential increase in mobile data consumption has driven the telecom companies to avail the benefits of the DAS system. The ability to provide high-quality, advanced-connection based services to customer’s acts as a major competitive advantage for telecom service providers, who will, in turn, become keener on incorporating distributed antenna systems. Additionally, the system will help telecom providers overcome bandwidth problems and other challenges that arise from loss of Internet connectivity. The technology has proven its benefits across various fields as it is getting increasingly installed in stadiums, tunnels, and suburban areas where internet disruption was previously common. Therefore it is likely that the global distributed antenna system market will witness extreme success in the upcoming years.
However, high deployment costs can be a restraining factor for the DAS market. The DAS system requires the installation of antennae and coaxial fibers which is a labor-intensive process. The high cost of operations combined with a lack of skilled labor and infrastructural challenges are the factors inhibiting market growth. Also, post-installation maintenance is also tedious and expensive as it involves optimization and testing of these systems. Companies incorporating the DAS system require technical experts with specialized skills to analyze and rectify complications in the systems. Post-installation services may get difficult to obtain. Insufficient supply of components and lack of awareness about DAS technology is the most imminent factor limiting the expansion of this market.
The global distributed antenna systems market is segmented based on offerings (products and services), ownership (carrier, neutral-host, enterprise), and verticals (commercial, public, others). These segments are further categorized based on region. North America is the leading region as it holds the largest market share, due to increasing internet adaptation and awareness of the latest technology.
Key highlights of the report:
1. Market scope and segmentation
2. Global market overview - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), geography wise market revenue (USD bn), and key market challenges
3. Global market drivers and current trends
4. Value chain analysis
5. Porter's five forces analysis
6. Regional market segmentation – North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
7. Competitive landscape
For more information, download Global Distributed Antenna Systems Market Report: https://www.researchonglobalmarkets.com/global-distributed-antenna-systems-market-2018-2023.html
About Research On Global Markets:
Owned by Netscribes, Research on Global Markets draws from the company’s vast experience in market research and intelligence. For any queries related to our products and services, feel free to get in touch with us at support@researchonglobalmarkets.com
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