According to the latest report by IMARC Group, titled "Smart Antenna Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global smart antenna market reached a value of US$ 5.8 Billion in 2022. A smart antenna can adapt or adjust its beam pattern according to the desired criterion. It offers numerous benefits, such as higher capacity, spectral efficiency and extended coverage and range. It is used to transmit and receive multiple radio frequency (RF) waves to increase data speed and reduce the error rate. It can also be used with smart signal processing algorithms to facilitate wireless communications. It connects the signals from multiple receivers and controls the transmission and reception of signals, capacity, and coverage in mobile wireless networks. Increased capabilities, higher power efficiencies and higher noise cancellation characteristics are some of the significant upgrades that are projected to be observed with the smart antenna systems in the coming years. It finds widespread applications across various industries, including telecommunication, information technology (IT), automotive and defence.
Global Smart Antenna Market Trends:
The global market is majorly driven by an increasing number of wireless devices. In line with this, the rising demand for vehicle safety communication measures and enhanced military communications are positively influencing the market. Furthermore, the growing prominence of industrial automation and robotics is catalyzing the market. Apart from this, the escalating demand for high-quality communications are propelling the market. Moreover, the rapid expansion of smart cities and the increasing construction of smart buildings across the globe are offering numerous opportunities for the smart antenna market. Besides this, the widespread demand for cellular networking and the rising need for faster data processing is strengthening the market. Additionally, significant growth in the IT industry and the launch of automotive smart antennas are providing a thrust to market growth. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 9.5 Billion by 2028, exhibiting a CAGR of 8.1% during 2023-2028.
- On the basis of the technology, the market has been segmented into SIMO, MIMO, and MISO.
- Based on the application, the market has been classified into Wi-Fi, WiMAX, cellular, and RADAR systems.
- On the basis of the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of the key players include 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 and Trimble Inc.
|Base Year of the Analysis
||Technology, Application, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||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 and Trimble Inc.
||10% Free Customization
|Report Price and Purchase Option
||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support
||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800