USD 2.3 billion
Report ID:
SQSG25E2011 |
Region:
Global |
Published Date: July, 2036
Pages:
250
|Tables:
63
|Figures:
75
Global Smart Antenna Market size was valued at USD 2.3 billion in 2022 and is poised to grow from USD 2.5 billion in 2023 to USD 5.8 billion by 2031, growing at a CAGR of 10.9% during the forecast period (2024-2031).
In view of the fact that technological advancements are opening up new applications and opportunities for major economic gains, wireless systems are a crucial component of contemporary civilization. A smart antenna system combines a variety of antenna components with signal processing abilities to automatically adjust its radiation and reception pattern based on the surrounding signal. Smart antennas can be used at either the transmitter end or both the transmitter and receiver end to differentiate individual users according to their unique spatial signatures and increase throughput in a wireless network.
The growing demand for quicker data transmission systems across sectors is the main factor driving the global smart antenna market. For effective wireless communications, smart antennas are frequently employed for multiple access interference, range extension, power control, reducing signal fading, and multipath management. Additionally, the increased use of gadgets like cellphones, laptops, and personal digital assistants (PDAs) is boosting industry expansion. These gadgets come with a variety of internet and multimedia features that call for fast internet and cutting-edge connection technologies. Accordingly, the availability of signal modification features in smart antennas is also assisting in the market's expansion. Another important growth-promoting component is the advancement of automobile smart antennas. For satellite-based navigation and enhancing vehicle networking, these antennas are utilised in commercial and passenger vehicles. It is projected that additional factors, such as rapid IT sector growth and major research and development (R&D) efforts, will fuel the smart antenna market.
US Smart Antenna Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 2.3 billion
Largest Segment
Cellular Systems
Fastest Growth
Cellular Systems
Growth Rate
10.9% CAGR
To get more reports on the above market click here to Buy The Report
Global Smart Antenna Market is segmented by Type, Technology, Product, Application and region. Based on Type, the market is segmented into Switched Beam Smart Antenna, Adaptive Array Smart Antenna, Adaptive Array Smart Antenna, LDS Smart Antenna, MPI Smart Antenna, LCP Smart Antenna. Based on Technology, the market is segmented into SIMO (Single Input Multiple Output), MIMO (Multiple Input Single Output), MISO (Multiple Input Multiple Output). Based on Product, the market is segmented into Smart TV, Phone, Laptop, Wireless Audio, Tablet, Wearables, Desktop. Based on Application, the market is segmented into Wi-Fi Systems, Cellular Systems, WiMAX Systems, RADAR Systems, Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Smart Antenna Market Analysis by Application
In 2021, the segment for cellular systems held the biggest smart antenna market share. Cellular systems are where smart antennas are primarily used. RADAR, WiMAX, and Wi-Fi systems make up the other main application bases for smart antennas. In order to improve the signal quality and strength, smart antennas use a cluster of input and output antennas. This technique has been widely used to roll out 4G and 5G using intelligent antennas.
From 2022 to 2028, the WiMAX system segment is expected to experience the greatest CAGR of 12 percent. Operators now have more flexible options for mobile and stationary communication systems thanks to the WiMAX system. Homes, institutions, and businesses all need Wi-Fi solutions, and smart antennas offer long-range, secure options for all. With both conventional and cutting-edge multi-layer security, smart antennas may offer secure Wi-Fi solutions.
Smart Antenna Market Analysis by Technology
A single antenna is typically used at the source and a second single antenna is typically used at the destination in typical wireless communications. This is known as SISO (single input, single output). When these systems come into touch with an electromagnetic field, they are vulnerable to issues brought on by multipath effects or interference. Over the projection period, the multiple input & multiple output (MIMO) technology category is expected to grow at the highest CAGR of 11 %. Single input, multiple output, and multiple input, single output are among the other crucial technology divisions. The MIMO market category is currently the most developed and popular. Due to its simplicity of use and cost advantages, MIMO technology is frequently favoured since it provides enhanced signal transfer at minimal expenditures.
The other technologies do not provide strong signal quality and use single-channel transmitter arrays. For slower and less data-intensive frequencies, like 2G and radio waves, the older technology are advantageous. Due to a lack of encryption, non-MIMO smart antennas have less secure data. However, the entire system must be updated in order to improve the outdated technology-based smart antennas.
To get detailed analysis on other segments, Request For Free Sample Report
Global Smart Antenna Market is segmented by type, technology, application, and region. Based on type, the market can be segmented into Switched Multi-beam Antenna and Adaptive Array Antenna. Based on technology, the market is segmented into Single Input Multiple Output (SIMO), Multiple Input Multiple Output (MIMO), and Multiple Input Single Output (MISO). Based on application, the market is segmented into Wi-Fi Systems, WiMAX Systems, Cellular Systems, RADAR Systems, and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
With a CAGR of 12% from 2022 to 2028, the Asia Pacific area is anticipated to have the quickest rate of growth. This region's developing nations offer the market several prospects for little expense. As the Asia Pacific region is still mostly undeveloped, many new competitors and entrepreneurs are emerging. The governments in this region also grant the market a number of tax and industrial benefits, so promoting future market expansion.
Due to improvements in wireless connectivity, significant public investments, and partnerships with the business sector for continued development, Europe is a key region in the smart antenna industry. During the projected period, 2022-2028, Latin America and the Middle East & Africa area are expected to have substantial expansion. The increase in investments made by regional players is responsible for the region's growth. Due to the advancement of cellular networking technologies, the GCC countries have been seeing significant growth.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Smart Antenna Market Driver
Smart Antenna Market Restraint
Request Free Customization of this report to help us to meet your business objectives.
The existence of several international players defines the global smart antenna market. To increase their market share, businesses use a variety of techniques, including partnerships, agreements, regional growth, mergers, acquisitions, and new product creation. In our Smart Antenna market reports, some of the leading quality Smart Antenna manufacturers are as follows: Laird Connectivity (US), MD ELEKTRONIK (Germany), WISI group (Germany), Airgain, Inc. (US), Continental AG (Germany), Ficosa Internacional SA (Spain), SCHAFFNER HOLDING AG (Switzerland) TE Connectivity (Switzerland), DENSO CORPORATION (Japan), HELLA GmbH & Co. KGaA (Germany), Calearo Antenne SPA (Italy), INPAQ Technology Co., Ltd. (Taiwan), Yokowo co., ltd (Japan), HARADA INDUSTRY CO., LTD (Japan), LOROM INDUSTRIAL CO. LTD. (China), Taoglas (Dublin), KDPOF (Spain), STMicroelectronics (Switzerland).
Top Players Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, by technology, the MIMO category is projected to have a significant market share because of its high spectral efficiency and connection diversity. Due to the availability of high-quality wireless communication infrastructure and a thriving smartphone market with the presence of major smartphone players in the region, North America is a leading region in the smart antenna market. Additionally, it is anticipated that rapid development and early adoption of cutting-edge technologies in a variety of industries will fuel market expansion in the upcoming years.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 2.3 billion |
Market size value in 2031 | USD 5.8 billion |
Growth Rate | 10.9% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Smart Antenna Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Smart Antenna Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Smart Antenna Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Smart Antenna Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQSG25E2011
sales@skyquestt.com
USA +1 351-333-4748