Press release
Smart Antenna Market to Touch US$ 8.9 Billion by 2027, at a CAGR of 8.8%
Smart antenna is an array device that is widely utilized for the transmission and reception of radiofrequency (RF) waves. It assists in improving the overall data speed and minimizing the error rate. Commonly used with smart signal processing algorithms, they enable smooth wireless communications from several receivers and control the transmission of signals and coverage in mobile wireless networks. Consequently, these devices are widely employed by the defense, automotive, telecommunication and information technology (IT) sectors for multiple applications.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Smart Antenna Market Trends:
The global market is majorly driven by the rising need for data transmission systems across numerous industry verticals. Smart antennas form an essential component in power control, range extension, and multiple access interferences. They are also used for reducing signal fading and multipath management for seamless wireless communications, thereby providing an impetus to the market growth. The market is further driven by the advent of smart antennas with signal customization facilities. Some of the other factors contributing to the market growth include the growing applications in the automotive sector and extensive research and development (R&D) activities conducted by key players.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global smart antenna market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on technology and application.
Breakup by Technology:
SIMO
MIMO
MISO
Breakup by Application:
Wi-Fi Systems
WiMAX Systems
Cellular Systems
RADAR Systems
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
ADTRAN Inc
Airgain Inc.
AirNet Communications Corporation
Arraycom LLc
Intel Corporation
Linx Technologies
Motorola Solutions Inc
Qualcomm Incorporated
Sierra Wireless
Telstra Corporation Limited
Texas Instruments Incorporated
Trimble Inc.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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