Press release
5G Antenna Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Which drivers are expected to have the greatest impact on the over the 5g antenna market's growth?The growth of the 5G antenna market is forecasted to be accelerated due to the escalating usage of mobile phones. Characterized as handheld devices employed for communication through voice calls, text messaging, and browsing the internet, the proliferation of mobile phones is spurred by technological improvements, amplified connectivity, enhanced communication, supreme comfort, and transportability, as well as the soaring traction of social media and entertainment. The 5G antenna enriches mobile phone usage by providing rapid data transfer rate, minimal latency, and dependable connections. This makes it possible for users to effortlessly stream content, download substantial files, and utilize data-laden applications with scarcely any delay, thereby optimizing mobile phone performance. For instance, a report from the Global System for Mobile Communications Association, a non-profit organization based in the UK, disclosed in October 2024 that nearly 4.3 billion individuals, which equates to 53% of the global populace were utilizing smartphones to access the internet by the end of 2023. Additionally, about 80% of mobile internet users currently engage 4G or 5G devices, indicating a 330 million increase from 2022. Consequently, the upsurge in mobile phone usage is propelling the expansion of the 5G antenna market.
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What is the future CAGR of the 5g antenna market, and how will it impact industry expansion?
In recent years, the market size of 5G antennas has seen a rapid increase. The market is projected to expand from $23.34 billion in 2024 to $27.61 billion in 2025, indicating a compound annual growth rate (CAGR) of 18.3%. Such growth during the historical period is due to increased mobile data traffic, increased investment in smart city facilities, more usage of small cells for urban network density, growing interest in video streaming and AR/VR applications, as well as the increased use of small cells for urban network density.
In the coming years, the 5G antenna market is projected to experience a significant surge in growth, estimating a market value of $45.40 billion by 2029 with a compound annual growth rate (CAGR) of 13.2%. This accelerated growth during the projected period is primarily due to the surge in demand for high-speed internet and reduced latency, widespread installation of small cell infrastructure, the rising trend of cloud gaming, augmented reality and virtual reality applications, an increased emphasis on energy-efficient and sleek antenna designs, and a growing requirement for private 5G networks within enterprises. Key trends during this forecast period comprise the integration of beamforming and smart antenna technology, progress in antenna design and materials, escalated investments in research and development for next-generation antenna technologies, as well as regulations encouraging standardization.
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What are the most significant trends transforming the 5g antenna market today?
The key players in the 5G antenna market are redirecting their focus towards creating innovative products like massive multiple input multiple output antennas. These kinds of antennas aim to amplify network capacity, increase data throughput, minimize disruption and allow for more efficient 5G deployments. These advanced antennas possess a multitude of features that augment network capacity, data throughput and coverage by allowing concurrent transmission to numerous users. For example, in October 2022, the China-based tech firm Huawei Technologies Co. Ltd. unveiled the Maxwell platform and the X2 Antenna. These are Huawei's solutions for effective 5G deployment, enhancing integration and setup capabilities. They augment network coverage and capacity, and they cater to 5G multi-antenna technologies' advancement, satisfying the varied requirements of operators. The Maxwell platform and X2 antenna push 5G deployment, leading to efficient integration, robust configurations, and increased network coverage using innovative technologies.
Which key market segments comprise the 5g antenna market and drive its revenue growth?
The 5G antenna market covered in this report is segmented -
1) By Type: Switched Multi-Beam Antenna, Adaptive Array Antenna
2) By Technology: Single Input Multiple Output, Multiple Input Single Output, Multiple Input Multiple Output
3) By Application: Mobile Phones, Factory Automation, Connected Vehicles, Internet Of Things, Others Applications
Subsegments:
1) By Switched Multi-Beam Antenna: Analog Beamforming Antenna, Digital Beamforming Antenna, Hybrid Beamforming Antenna
2) By Adaptive Array Antenna: Massive MIMO Antenna, Phased Array Antenna, Smart Antenna
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What regions are at the forefront of 5g antenna market expansion?
North America was the largest region in the 5G antenna market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the 5G antenna market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the 5g antenna market?
Major companies operating in the 5G antenna market are Samsung Electronics Co. Ltd., T-Mobile US Inc., AT&T Inc., Huawei Technologies Co. Ltd., Orange S.A., QUALCOMM Incorporated, Telefonaktiebolaget LM Ericsson, Nokia Corporation, Telecom Italia S.p.A., TE Connectivity Ltd., CommScope Holding Company Inc., Shenzhen Sunway Communication Co. Ltd., Comba Telecom Systems Holdings Limited, Huizhou SPEED Wireless Technology Co. Ltd., Airspan Networks Inc., Taoglas Limited, PCTEL Inc., Airgain Inc., Laird Connectivity Inc., Panaroma Antennas Ltd.
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What Is Covered In The 5G Antenna Global Market Report?
•Market Size Forecast: Examine the 5g antenna market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the 5g antenna market for a structured understanding.
•Key Players Overview: Analyze major players in the 5g antenna market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the 5g antenna market.
•Segment Contributions: Evaluate how different segments drive overall growth in the 5g antenna market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the 5g antenna market.
•Industry Challenges: Identify potential risks and obstacles affecting the 5g antenna market.
•Competitive Landscape: Review strategic developments in the 5g antenna market, including expansions, agreements, and new product launches.
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