According to the latest report by IMARC Group "Smart Antenna Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global smart antenna market size reached US$ 5.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.9 Billion by 2027, exhibiting a growth rate (CAGR) of 8.8% during 2022-2027.
Smart antenna is an array device that is widely utilized for the transmission and reception of radiofrequency (RF) waves. It assists in improving the overall data speed and minimizing the error rate. Commonly used with smart signal processing algorithms, they enable smooth wireless communications from several receivers and control the transmission of signals and coverage in mobile wireless networks. Consequently, these devices are widely employed by the defense, automotive, telecommunication and information technology (IT) sectors for multiple applications.
Request for a free sample copy of this report: https://www.imarcgroup.com/smart-antenna-market/requestsample
Market Trends:
The global market is majorly driven by the rising need for data transmission systems across numerous industry verticals. Smart antennas form an essential component in power control, range extension, and multiple access interferences. They are also used for reducing signal fading and multipath management for seamless wireless communications, thereby providing an impetus to the market growth. The market is further driven by the advent of smart antennas with signal customization facilities. Some of the other factors contributing to the market growth include the growing applications in the automotive sector and extensive research and development (R&D) activities conducted by key players.
Breakup by Technology:
- SIMO
- MIMO
- MISO
Breakup by Application:
- Wi-Fi Systems
- WiMAX Systems
- Cellular Systems
- RADAR Systems
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- 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
- Trimble Inc.
Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=3857&flag=C
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
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.
Contact US
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Follow us on Twitter: @imarcglobal
