Distributed Antenna System Market Set for Explosive Growth rate (CAGR) of 6.4% by 2028 | Emergen Research
The global distributed antenna system market size reached USD 8.70 Billion in 2021 and is expected to register a revenue CAGR of 6.4% during the forecast period, according to a latest analysis by Emergen Research. Increasing demand for cellphones and the rapidly increasing subscribers of cellular networks are major factors driving the market revenue growth. Significant advancements in cellphones have prompted network service providers to offer seamless coverage. This has become difficult, especially with existing macrocell base stations.According to a survey from Cisco, global demand for cellphone devices and connections are expected to increase to 13.1 billion in 2023 from USD 8.8 billion in 2018; therefore, manufacturers are increasingly competing to incorporate various features and components that aid in improving the performance of their handsets. Also, it has prompted network service providers to upgrade from their existing connectivity technologies such as from Third-Generation (3G) to Fourth-Generation (4G) and from 4G to Fifth-Generation (5G) simultaneously. In addition, with the increasing adoption of 5G-enabled cellphones, the need for higher bandwidth is also rising. This in turn has significantly contributed to the market revenue growth.
Key Distributed Antenna System Market participants include CommScope, Corning Incorporated, Comba Telecom Systems Holdings Ltd., SOLiD, American Tower, AT&T Intellectual Property, Boingo Wireless, Inc., Zinwave, Whoop Wireless, HUBER+SUHNER, BTI Wireless, and Betacom Inc.
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The coronavirus outbreak has led to drastic changes in the current Distributed Antenna System Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market's post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Distributed Antenna System Market growth assessed on both regional and global levels.
Research Methodology
Emergen Research follows a cohesive methodology to reduce the residual errors to a minimum level by refining the scope, validating through primary insights, and nurturing the in-house database on a regular basis. A dynamic model is formulated to capture the regular fluctuations in the market and thereby, being updated with any shifts in the market dynamics. The parameters and variables involved in the research vary depending on individual markets and most importantly, both demand and supply side information is included in the model to identify the market gap.
Key inclusions of the Distributed Antenna System Market report:
COVID-19 effects on growth figures.
Statistical analysis pertaining to market size, sales volume, and overall industry revenue.
Organized mentions of major market trends.
Growth opportunities.
Figures showcasing market growth rate.
Advantages and disadvantages of direct and indirect sales channels.
Insights regarding traders, distributors, and dealers present in the industry.
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Some Key Highlights from the Report :
Outdoor segment accounted for moderate revenue share in 2021. Significant investments in the development of new products is a key factor driving revenue growth of the segment. On 9 June 2022 for instance, KP Performance Antennas, which is a leading network service provider and manufacturer of wireless network antennas headquartered in California, announced the launch of its new series of wide-band, log periodic, directional antennas to address myriad wireless networking applications. Also, it provides coverage to support applications such as distributed antenna systems, 4G, 5G, Wireless Fidelity (Wi-Fi), and others.
The services segment accounted for moderate revenue share in 2021. Increasing demand for installation services is a major factor driving revenue growth of the segment. In addition, increasing consumer awareness regarding the various benefits of a distributed antenna system is driving the segment's revenue growth. Distributed antenna systems eliminate issues related to cellular connectivity and enhance cellular signals. They do so through the installation of antennas both inside and outside of the building.
The public venues segment accounted for moderate revenue share in 2021. Increasing focus on improving public safety, especially during any events is a key factor driving the market revenue growth in this segment. The distributed antenna system is a network of antennas that provides wireless coverage throughout an area and enhances network performance. In addition, distributed antenna systems assist responders in keeping constant radio contact with others during an emergency thereby making it an ideal choice for fire stations, police, and other emergency services. The increasing application of distributed antenna systems in public venues can also be attributed to their wide range of advantages.
Emergen Research has segmented global distributed antenna system market on the basis of coverage, offering, application, and region:
Coverage Outlook (Revenue, USD Billion; 2019-2030)
Indoor
Outdoor
Offering Outlook (Revenue, USD Billion; 2019-2030)
Components
Services
Application Outlook (Revenue, USD Billion; 2019-2030)
Commercial
Public Venues
Others
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Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
United States
Europe
China
Japan
Southeast Asia
India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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Some of the key questions answered in this report:
What is the size of the overall Distributed Antenna System Market and its segments?
What are the key segments and sub-segments in the market?
What are the key drivers, restraints, opportunities and challenges of the Distributed Antenna System Market and how they are expected to impact the market?
What are the attractive investment opportunities within the Distributed Antenna System Market ?
What is the Distributed Antenna System Market size at the regional and country-level?
Who are the key market players and their key competitors?
What are the strategies for growth adopted by the key players in Distributed Antenna System Market ?
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