The size of the smart antenna market will grow by 6.63 billion USD | Growing demand for smart devices to drive market growth





NEW YORK, December 17, 2021 / PRNewswire / – The “Smart Antenna Market by Application and Geography – Forecast and Analysis 2022-2026“has been added to Technavio’s offering. With ISO 9001: 2015 certification, Technavio is proud to partner with more than 100 Fortune 500 companies for over 16 years.

Attractive Opportunities in Smart Antenna Market by Application and Geography - Forecast and Analysis 2022-2026

Attractive Opportunities in Smart Antenna Market by Application and Geography – Forecast and Analysis 2022-2026

The potential growth difference for the smart antenna market between 2021 and 2026 is $ 6.63 billion. The report also identifies the market to register accelerated growth momentum at a CAGR of 11.98% during the forecast period. The factors positively and negatively influencing the growth of the market are also discussed in this report.

To get the exact annual growth variance and the growth rate YOY, Talk to our analyst.

Key market dynamics:

Growing demand for smart devices is particularly driving the growth of smart antenna market. Smartphone manufacturers are launching products that incorporate innovative technologies to facilitate M2M communication and focus on launching smart devices and their support services. Ensuring efficient and transparent operations such as data transmission and device control in these devices requires high network connectivity during deployment, which necessitates the increasing deployment of telecommunications networks in various regions. In addition, other factors including the rapid increase in data traffic and the exponential growth of mobile wireless communication technology will also fuel the market growth during the forecast period.

The frequent advancements and upgrades in the communication equipment industry will challenge the growth of the market. Constant advancements in technology and upgrades challenge the growth of smart antenna manufacturers. Smart antenna manufacturers and OEMs need to design antennas to cope with all kinds of technological changes. Therefore, it is a challenge for OEMs to manufacture antennas compatible with constant technological changes. Hence, frequent technological changes and advancements will hamper the growth of the global smart antenna market. In addition, other factors including technical challenges in smart antenna and increasing investment in wired communication technologies may limit the market growth.

Find out more about the main drivers, trends and additional challenges available with Technavio. Read our FREE sample report!

Dynamics of key market segments:

Application

The Smart Antennas market report is segmented by application within technology applications and cellular applications. The technology applications segment held the largest smart antenna market share in 2021 and will continue to maintain its dominance in the market during the forecast period. Technology applications include Wi-Fi systems, Wimax systems, cellular systems, and broadband and wireless Wi-Fi (BWA) systems.

Geography

In terms of geography, the market is segmented by APAC, North America, Europe, South America, and MEA. The growth of this region can be attributed to rapid urbanization in APAC countries such as China and India creating a demand for environmental and economic development. In addition, the number of Internet users in the region has increased considerably. APAC will be the leading region with 41% of the market growth during the forecast period. China, Japan, and India are the key markets for smart antennas in APAC. Market growth in APAC will be faster than market growth in other regions.

See our sample report for additional information on the contribution of all segments and regional opportunities

Dynamics of key market suppliers:

The smart antenna market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Market sellers focus on the growth prospects of fast growing segments, while maintaining their positions in slow growing segments.

Some companies mentioned

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Associated reports:

Power over Ethernet Market by Type and Geography – Forecast and Analysis 2022-2026

Scope of the smart antenna market

Cover of the report

Details

Page number

120

Year of reference

2021

Forecast period

2022-2026

Growth dynamics and CAGR

Accelerate to a CAGR of 11.98%

Market growth 2022-2026

$ 6.63 billion

Market structure

Fragmented

Annual growth (%)

11.08

Regional analysis

APAC, North America, Europe, South America and MEA

Efficient contribution to the market

APAC at 41%

Main consumer countries

United States, China, Japan, Germany and India

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

ADTRAN Inc., Airgain Inc., AirNet Communications Corp., CalAmp Corp., Chengdu Airui Wireless Technology Co. Ltd., Cobham Plc, Intel Corp., Motorola Solutions Inc., Samsung Electronics Co. Ltd. and Sierra Wireless Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period.

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

Main topics covered:

  • Summary

  • Market landscape

  • Market sizing

  • Five forces analysis

  • Market segmentation by

  • Customer landscape

  • Geographic landscape

  • Supplier landscape

  • Supplier analysis

  • appendix

About Us
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable information to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 specialist analysts, Technavio’s report library. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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