Smart Antenna Market Size, Share, Growth Analysis, By Type (Switched Beam Smart Antenna, Adaptive Array Smart Antenna), By Technology (SIMO, MISO), By Product (Smart TV, Phone), By Application (Wi-Fi Systems, Cellular Systems), By Region - Industry Forecast 2024-2031

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). 

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). 'CONTINENTAL AG ', 'DENSO CORPORATION ', 'FORVIA ', 'TE CONNECTIVITY ', 'FICOSA INTERNACIONAL SA ', 'HARADA INDUSTRY CO., LTD. ', 'KATHREIN SOLUTIONS GMBH ', 'ROBERT BOSCH GMBH ', 'LAIRD CONNECTIVITY ', 'YOKOWO CO., LTD. ', 'SCHAFFNER HOLDING AG ', 'HIRSCHMANN CAR COMMUNICATION GMBH ', 'HARMAN INTERNATIONAL ', 'TAOGLAS LTD. ', 'AIRGAIN ', 'INPAQ TECHNOLOGY CO., LTD. ', 'ANOKIWAVE, INC. ', 'CALEARO ANTENNE SPA ', 'ANTENOVA LTD. ', 'YAGEO GROUP '

One of the key drivers propelling the smart antenna market is the rising demand for high-quality communications with an increase in wireless devices. Due to their modest bandwidths, good propagation properties, and wide range of component availability, frequencies between 800MHz and 3GHz are where the majority of Wi-Fi and cellular communications networks operate. These frequencies are classified as wireless communication. Wireless communication system utilisation has been steadily increasing as a result, and this is what is anticipated to drive the market for smart antennas in the upcoming years.

To keep up with the dynamic and disproportionately high demand of services, industries and businesses in India are through the process of upgrading their outdated traditional antenna systems with more contemporary smart antennas. Smart antennas have been employed by the information and communications technology sector to develop specialised and original use cases and solutions.

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.