Smart Antenna Market
Smart Antenna Market (Type - Switched Multibeam Antenna, Adaptive Array Antenna; Technology - MIMO (Multiple Input Multiple Output), MISO (Multiple Input Single Output), SIMO (Single Input Multiple Output): Application - Wi-FI Systems, Cellular System, WiMax System, RADAR) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027
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Smart Antenna Market - Snapshot
According to a new market report published by Transparency Market Research titled “Smart Antenna Market–Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,” the global smart antenna market is projected to expand at a CAGR of 7.9% during the forecast period 2019-2027. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors.
Increasing application of smart antennas in smartphones and growing demand for smart antennas in wireless communication has increased the penetration and growth of the smart antenna market globally.
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Cellular System Segment to Remain Most Lucrative
Cellular system is expected to continue to be the leading segment globally during the forecast period due to increasing demand for smart antennas in wireless communication. The segment is projected to expand at a significant CAGR of 8.7% over the forecast period 2019 to 2027.Smartphones have become a viable alternative to laptops and personal digital assistants (PDAs), offering features such as SMS and voice messages coupled with multimedia functionality, internet applications, inbuilt GPS capabilities, and high data processing capabilities. Moreover, growing need for faster data transmission in modern communication systems with high speed downloading and web browsing has forced companies to increase the efficiency of wireless transmission. This is positively impacting the growth of the global smart antenna market.
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WiMax system segment is projected to expand at a significant CAGR over the forecast period. WiMAX technology performs a variety of tasks at a time such as offering high speed internet, providing telephone service, transformation of data, video streaming, voice application etc.
North America to Continue to Hold Significant Share in the Overall Market
North America accounted for highest revenue share in 2018 due to concentration of leading manufacturers and increasing demand for smart antennas. In North America, market players are continuously taking efforts to introduce smart antennas with various advanced technologies. Furthermore, growing adoption of radio frequency identification and ultra-wideband technologies is helping the North America market to generate significant revenue. The market in the U.S. held the highest share in 2018 in North America and is estimated to expand at a considerable CAGR during the forecast period. The market in North America is expected to expand at a significant CAGR during the forecast period. In a number of European countries, advancements in the domain of wireless connectivity and huge investment are fueling the smart antenna market growth. The market in Europe is likely to witness significant CAGR growth over the forecast period. The U.K. contributed highest share to the Europe smart antenna market in 2018.
Demand for smart antennas in APAC is likely to remain concentrated in China and Japan due to the growing popularity of smartphones and increasing government expenditure. The market in India is estimated to expand at the highest CAGR during the forecast period due to the growing adoption of modern communication systems with high speed downloading. In Middle East & Africa (MEA), market players are increasing their investments to expand their physical presence. GCC countries are expected to expand at a significant CAGR during the forecast period due to the development of cellular networking technologies in the region. In South America, Brazil is expected to hold a significant portion of revenue of the market throughout the forecast period
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The company profiling of key players in the global smart antenna market includes company overview, major business strategies adopted, SWOT analysis, and market revenues for years 2016 to 2018. The key players profiled in the global smart antenna market report includes
- Cobham Antenna Systems
- Intel Corp.
- Samsung Electronics Co. Ltd
- ArrayComm LLC
- Alcatel-Lucent International Holdings Inc
- Motorola Solutions Inc.
- Broadcom Corp
- California Amplifier Inc.
- Accel Networks LLC.
- Jiashan Jinchang Electronics Co., Ltd.
Various players are introducing technologically advanced smart antennas and establishing partnerships with other players to meet the continuously growing demand for wireless communication technologies.
Smart Antenna Market – Overview
The Smart Antenna – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027 report provides analysis of the smart antenna market for the period 2017–2027, wherein 2019 to 2027 is the forecast period and 2018 is considered as the base year. Data for 2017 has been included as historical information. The report covers all the trends and technologies expected to play a major role in the growth of the smart antenna market over the forecast period. It highlights the drivers, restraints, and opportunities expected to influence the market growth during this period. The study provides a holistic perspective on the market’s growth in terms of revenue (in US$ Mn) across different geographical regions, namely North America, Europe, Asia Pacific, Middle East & Africa, and South America. The report highlights the key trends affecting the market on a global scale. Furthermore, region wise prominent countries/regions covered in the report include the U.S, Canada, Germany, France, U.K., India, China, Japan, GCC, South Africa, and Brazil.
The report analyzes and forecasts the market for smart antennas at the global and regional level. The report comprises a detailed value chain analysis which provides a comprehensive view of the global smart antenna market. Porter’s Five Forces model has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.
Global Smart Antenna Market: Taxonomy
The report segments the market on the basis of product type, technology, application, and region. The product type segment includes switched multibeam antenna and adaptive array antenna. In terms of technology, the market has been segmented into MIMO (Multiple Input Multiple Output), MISO (Multiple Input Single Output), and SIMO (Single Input Multiple Output). Based on application, the market has been segmented into Wi-FI systems, cellular system, WiMax system, RADAR, and others.
Global Smart Antenna Market: Research Methodology
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market.
Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.
Global Smart Antenna Market: Competitive Dynamics
Cobham Antenna Systems, Intel Corp., Samsung Electronics Co. Ltd., Array Comm LLC, Alcatel-Lucent International Holdings Inc, Motorola Solutions Inc., Broadcom Corp, California Amplifier Inc., Accel Networks LLC., and Jiashan Jinchang Electronics Co., Ltd. are some of the major players operating in the smart antenna market profiled in this study. Details such as financials, SWOT analysis, business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling.
Global Smart Antenna Market