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Massive MIMO Market Surges With Increasing Demand For High-Speed And Reliable Mobile Communication: The Driving Engine Behind Massive MIMO Market Evolution in 2025
Massive MIMO
Massive MIMO Market Size Growth Forecast: What to Expect by 2025?
In recent times, the size of the massive mimo market has expanded dramatically. The market is anticipated to increase from $8.12 billion in 2024 to approximately $11.24 billion in 2025, implying a compound annual growth rate (CAGR) of 38.4%. Factors such as the emergence of 4g technology, a surge in demand for broader network capacity, availability of spectrum, early market acceptance, and focus on research and development have contributed to the growth during the historic period.
How Will the Massive MIMO Market Size Evolve and Grow by 2029?
Anticipations are high for the massive mimo market, with forecasts predicting exceptional expansion in the coming years. It's projected to soar to a worth of $38.65 billion by 2029, boasting an impressive compound annual growth rate (CAGR) of 36.2%. This impending progression during the forecast period is ascribed to factors such as the continuous 5G rollout and enlargement, developments in IoT and industry 4.0, network densification, the increasing need for improved mobile broadband, and network virtualization. In the said period, trends to watch include the use of massive MIMO in mm-wave bands, progress in beamforming, network slicing for bespoke services, advancements in energy efficiency, and the adoption of open RAN (Radio Access Network).
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What Drivers Are Propelling the Growth of Massive MIMO Market Forward?
The massive MIMO market is projected to grow due to the escalating need for reliable and fast mobile communication. This refers to a wireless network that assures consistent connectivity and prompt data transmission for seamless mobile communication. Massive MIMO, an advanced technology, plays a vital role in meeting the requirements of accelerated data transmission speeds, enhanced network capacity, and superior user experience relevant to mobile communication. For example, as per the data from the Organization for Economic Co-operation and Development, a French international body, in July 2023, the data consumption per mobile broadband subscription in OECD nations rose by 17% in 2022. Further, the total volume of mobile data usage per subscription has seen a twofold increase in four years, elevating from 4.7 gigabytes per month to 10.4 GB in 2022. Consequently, the growth of the massive MIMO market is driven by the surging requirement for reliable and speedy mobile communication.
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What Long-Term Trends Will Define the Future of the Massive MIMO Market?
A major trend gaining traction in the vast MIMO market is product innovation. Major business entities in this substantial MIMO market are embracing groundbreaking products to maintain their market standing. For example, Nokia, a telecom firm based in Finland, introduced Habrok, the latest generation of AirScale large MIMO radio, in February 2023. This product is employed by all mobile operators and commercial networks. Cutting-edge technologies are utilized in Habrok radios to achieve increased radio frequency output and offer scalable capacity for single and multi-carrier functioning.
What Are the Key Segments in the Massive MIMO Market?
The massive mimo market covered in this report is segmented -
1) By Technology: LTE Advanced, LTE Advanced Pro, 5G
2) By Type Of Antennas: 8T8R, 16T16R And 32T32R, 64T64R, 128T128R And Above
3) By Spectrum: Frequency Division Duplex (FDD), Time Division Duplexing (TDD), Other Spectrums
Subsegments:
1) By LTE Advanced: Single-User MIMO, Multi-User MIMO
2) By LTE Advanced Pro: Enhanced Multi-User MIMO, Carrier Aggregation With MIMO
3) By 5G: Sub-6 GHz Massive MIMO, Millimeter Wave Massive MIMO
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Who Are the Key Players Shaping the Massive MIMO Market's Competitive Landscape?
Major companies 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, 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 Geographic Markets Are Powering Growth in the Massive MIMO Market?
Asia-Pacific was the largest region in the massive MIMO market in 2024. The regions covered in the massive MIMO market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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key players influencing the massive MIMO market are CommScope Inc., Ericsson, Huawei Technologies Co., Ltd., Nokia Corporation, Samsung, Sprint Corporation, Verizon Communications Inc., Vodafone Group plc., and ZTE Corporation among others.
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