A smart antenna is a multi-element antenna in which the signals that are received at each antenna element are combined and managed intelligently in order to improve the performance of the wireless system. These antennas are capable of increasing the signal range, suppressing interfering signals, combating signal fading and as a consequence increasing the capacity of a wireless system.
The global smart antenna market is primarily driven by factors such as increasing demand for smart antennas in wireless communication and increasing application of smart antennas in smart phones. Smartphone 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, optimized evolution data and web browsing has forced companies to increase the efficiency of wireless transmission this is positively impacting the growth of the global market. Considering these positive factors, the demand for smart antenna is set to rise during the forecast period from 2015 - 2023.
Based on technology, the global smart antenna market can be segmented into three segments, namely, SIMO (Single Input Multiple Output), MIMO (Multiple Input Multiple Output) and MISO (Multiple Input Single Output). MIMO (Multiple Input Multiple Output) garnered the maximum revenue in 2014. The major functions of MIMO can be divided into three main categories, namely: pre-coding, spatial multiplexing and diversity coding. In addition, MIMO has the dual capability of both SIMO and MISO technologies. Due to this, MIMO technology has a significant advantage of increased capacity, when compared to its SISO and MISO counterpart. This is the reason why this technology is becoming ubiquitous in all wireless communication systems, in the form of Massive MIMO and Cooperative MIMO.
By types market is classified into switched multi beam antenna and adaptive array antenna. Adaptive array antenna dominated the market in 2014 and accounted for a substantial share of the overall market. The key growth driver of these types is increasing demand for smart antennas in wireless communication.
On the basis of applications, the global market is divided into five segments, namely: Wi-Fi systems, WiMax systems, cellular systems, RADAR and others. Smart antennas are notably used in radio astronomy, radio telescopes, track and scan radar, acoustic signal processing and vastly in cellular systems such as Universal Mobile Telecommunications System (UMTS), Long Term Evolution (LTE) and Wideband Code Division Multiplexing Access (W-CDMA). Due to this cellular systems segment is expected to dominate the market throughout the forecast period of 2015 – 2023.
Smart antenna market has been further segmented into four regions: North America, Europe, Asia Pacific and Rest of the World (RoW). Among all the regions, in terms of revenue, North America held the largest market share of 30.4% in 2014, followed by Europe. This trend is expected to be the same over the forecast period. These two regions conjointly held more than 50% of the global smart antenna market in 2014. Enhancing capability in terms of range, capacity and coverage and rising applications in technologies such as ultra wideband and radio frequency identification among others these are the key factors primarily driving the market. Asia Pacific is projected to be the fastest growing region during the forecast period.
Key players profiled in this report include Cobham Antenna Systems(Suffolk, United Kingdom), Intel Corp.( Santa Clara, California, United States), Samsung Electronics CoLtd. ( Seoul, South Korea), ArrayComm LLC ( California, United States), Alcatel-Lucent International Holdings Inc.( Paris, France), Motorola Solutions Inc.( Illinois, the U.S.), Broadcom Corp(Irvine, the U.S.), California Amplifier Inc.( Oxnard, United States), Accel Networks LLC(St. Petersburg, United States ) and Jiashan Jinchang Electronics Co., Ltd (Zhejiang, China) among others..
Global Smart Antenna Market: Snapshot
Smart antenna refers to a digital wireless communications antenna system that enables effortless performance of communication systems by efficiently managing the signals that are received through each antenna. These are also known as multiple antennas or adaptive antennas (MIMO) and are extensively being used to identify the direction of the arriving signal at the transmitter and receiver or both. The demand for smart antennas has been on the rise as they are known to enhance the signal range, reducing fading of signals, suppressing interfering signals, and thus improving the capacity of the wireless communication system.
The research report by Transparency Market Research provides a detailed understanding of the various market dynamics governing the trajectory of the global smart antenna market. The publication studies the market forces over the period of 2015 and 2023 to determine the impact of drivers, restraints, threats, and opportunities on the various segment of the market.
High Dependency on Smartphones Ups Revenue for Smart Antennas
Analysts project that the global smart antenna market is likely to be worth US$30.12 bn by the end of 2023 as compared to US$14.72 bn in 2014. During the forecast years of 2015 and 2023, the global market is projected to surge at a CAGR of 8.5%. The gradual replacement of laptops and other personal digital assistants (PDAs) by smartphones that offer features such as GPS, high data processing abilities, internet applications, and multimedia functionality are expected augment the sales of smartphones in the near future. This in turn is expected to have a positive influence on the sales and revenue of the global smart antenna market as these antenna find an indispensable use in production of smartphones. The demand for smart antennas will gain increased acceleration as smartphone manufacturing companies are making meaningful investments to materialize feature-rich innovations that will effectively lead to increased higher data transmission.
MIMO to be Synonymous with Wireless Communication Systems as it Offers Superior Qualities
On the basis of technology, the global smart antenna market into single input multiple output (SIMO), multiple input single output (MISO), and multiple input multiple output (MIMO). The report states that MIMO is likely to dominate the global market in the coming years has it offers capabilities of both MISO and SIMO technologies. MIMO segment is further divided into spatial multiplexing, pre-coding, and diversity coding. Thus, the MIMO smart antennas are likely to be gain synonymity with wireless communication systems in formats such as Cooperative MIMO and Massive MIMO in the near future.
North America and Europe Jointly Lead Global Smart Antennas Market
In terms of geography, the global smart antenna market is divided into Europe, North America, Asia Pacific, and Rest of the World. Of all the regions studied in the report, analysts predict that North America will dominate the global smart antenna market during the forecast period. Europe will closely follow this trail as collectively these regions held a share of more than 50% in the global market in 2014. The high adoption of technology, rapid developments in terms of establishing superior wireless communication systems, and high penetration of smartphones is expected to help these regions maintain their position in the coming few years. Asia Pacific too is projected to provide several profitable opportunities due to growing expenditure on smartphones in the emerging economies.
Some the leading players operating in the global smart antenna market are 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, and Jiashan Jinchang Electronics Co., Ltd among others.