Press Release

Smart Antenna Market to Undergo a Steady Growth Through 2025

Growing demand for wireless communication and need for high-speed communication networks are some major factors driving the growth of global smart antenna market.

According to TechSci Research report, “Global Smart Antenna Market By Technology (SIMO, MIMO, MISO), By Type (Switch Multibeam Antenna v/s Adaptive Array Antenna), By Application (Technological v/s Cellular), By Region, Forecast & Opportunities, 2025”, the market is expected to witness a significant growth during the forecast period. Key factors propelling the growth of global smart antenna market are growing demand for wireless communication and need for high-speed communication networks. In addition to this, increasing investments and new product launches by key manufacturers operating in the market are also acting as a major factor the market growth. The smart antenna market is witnessing high demand from various end user industries such as defense, infrastructure, among others for wireless communication which is anticipated to further augment the market growth over the next five years. Moreover, the increasing need for faster data transmission is also playing an instrumental role in the growth of global smart antenna market. The various benefits of using smart antennas including customization of data signals according to user needs is further attracting new consumers. 

Additionally, rapid development in developing economies and advancement of technologies are expected to provide lucrat5ive growth opportunities for global smart antenna market. Apart from this, smart antennas are also finding wide application in smartphones which has increased the penetration and growth of market globally. However, high manufacturing and maintenance costs of smart antennas are likely to hamper the market growth in coming years.

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The global smart antenna market is segmented based on technology, type, application, and region. Based on technology, the market can be categorized into SIMO, MIMO and MISO. Among them, the MIMO technology is expected to dominate the market during the forecast period on account of its high spectral efficiency, reliability and link diversity. Moreover, MIMO technology is a combination of MISO and SIMO and offers both the facilities without incurring any additional costs in terms of bandwidth and transmission of power. However, the SIMO technology is also expected to hold a significant market share through 2025 owing to its widespread use in WLANs and digital communication systems.

Based on application, global smart antenna market can be bifurcated into technological and cellular. Among them, the cellular segment is expected to dominate the market during the forecast period owing to the increasing use of smart antennas in smartphones.

Leading players operating in the global smart antenna market are Advanten, Sierra Wireless, Airgain, Inc., Airgo Networks Inc., AirNet Communications Corporation, CommScope Inc., Arraycom LLC, Bandspeed Inc, Bluesocket and Broadcom Corp, among others. Major companies are adopting growth strategies such as mergers & acquisitions, expansions, and partnerships to strengthen their market position. For instance, in 2017, Airgain Inc. acquired Antenna Plus in order to improve its mobile and automotive fleet applications in government, public safety and industrial sectors.

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North America is expected to dominate the overall smart antenna market during the forecast period owing to the early adoption of technologies such as 4G and 5G and well established wireless communication infrastructure in the region. However, Asia Pacific market is expected to grow at a faster pace through 2025 on account of increasing number of connected devices in the region coupled with the growing investments by various governments especially in countries like China and India,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Smart Antenna Market By Technology (SIMO, MIMO, MISO), By Type (Switch Multibeam Antenna v/s Adaptive Array Antenna), By Application (Technological v/s Cellular), By Region, Forecast & Opportunities, 2025 has evaluated the future growth potential of smart antenna market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global smart antenna market.

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