Press release
Unstoppable Growth in Massive MIMO Market: A Leap from $8.12 Billion to $39.25 Billion by 2029 at a CAGR of 36.6%
Massive MIMO Market Size
What Is The Projected Market Size Of The Global Massive MIMO Market And Its Growth Rate?
• The Massive MIMO market has seen an exponential growth in recent years, rising from $8.12 billion in 2024 to $11.28 billion in 2025 at a CAGR of 38.9%.
• This tremendous growth can be attributed to the rise of 4G technology, demand for increased network capacity, spectrum availability, early market adoption and various research and development initiatives.
• The Massive MIMO market is forecasted to grow to $39.25 billion in 2029 at a CAGR of 36.6%.
• The driving force behind this prediction includes 5G rollout and expansion, IoT and Industry 4.0, network densification, demand for enhanced mobile broadband and network virtualization.
What Is Driving The Growth In The Massive MIMO Market?
The increasing demand for high-speed and reliable mobile communication is expected to propel the growth of the massive MIMO market in the future. This state-of-the-art technology is used in mobile communication that is crucial for meeting the demands of faster data transfers, greater network capacity, and an improved user experience. The Organization for Economic Co-operation and Development reports that data usage per mobile broadband subscription in OECD countries grew 17% in 2022. The volume of mobile data usage per subscription has doubled in four years, from 4.7 gigabytes per month to 10.4 GB in 2022. This surge in demand for fast and reliable communication is undoubtedly inciting the growth of the massive MIMO market.
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Who Are the Key Players Driving Massive MIMO Market Growth?
The key market players operating in the Massive MIMO market include:
• Samsung Electronics Co Ltd.
• China Mobile Ltd.
• Verizon Communications Inc.
• Deutsche Telekom AG
• AT&T
• Huawei Technologies Co Ltd.
• T-Mobile
• Intel Corporation
• China Unicom Ltd.
• Qualcomm Technologies Inc.
• Fujitsu Limited
• NEC Corporation
• Ericsson AB
• Nokia Corporation
• ZTE Corporation
• Bharti Airtel Limited
• Analog Devices
• CommScope Inc.
• Mavenir Systems Inc.
• Comba Telecom
• Airspan Networks Inc.
• Mimosa Networks Inc.
• Redline Communications Group Inc.
• Blue Danube Systems
• Siklu Communication Ltd.
What Are The Key Trends In The Massive MIMO Market?
The key trends observed in Massive MIMO Market are:
• Advent of Massive MIMO into mm-wave bands.
• Advances in beamforming technology.
• Network slicing enabling better customization.
• Improvements in energy efficiency.
• Open RAN (Radio Access Network).
What Are The Segments Of The Global Massive MIMO Market?
The Global Massive MIMO market is divided into:
• By Technology: LTE Advanced, LTE Advanced Pro, 5G
• By Type Of Antennas: 8T8R, 16T16R And 32T32R, 64T64R, 128T128R And Above
• By Spectrum: Frequency Division Duplex (FDD), Time Division Duplexing (TDD), Other Spectrums
Which Region Leads The Massive MIMO Market?
Asia-Pacific was the largest region in the massive MIMO market in 2024. Besides, other regions covered in the report include Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Massive MIMO Market Global Market Report?
- Market Size Analysis: Analyze the Massive MIMO Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Massive MIMO Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Massive MIMO Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Massive MIMO Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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