Global Smart Antenna Market, By Technology (SIMO, MIMO and MISO), By Type (Switch Multibeam Antenna and Adaptive Array Antenna), By Application (Technological and Cellular), By Region, Competition, Forecast & Opportunities, 2016-2026
New York, April 28, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Smart Antenna Market, By Technology, By Type, By Application, By Region, Competition, Forecast & Opportunities, 2016-2026" - https://www.reportlinker.com/p06020717/?utm_source=GNW
Global smart antenna market was valued at USD8.493 billion in 2020 and is projected to reach USD18.359 billion by 2026. Rising demand for smartphones, high browsing speed and data transmission rates, growing demand for vehicle safety communication measures, enhanced military communications, increased industrial automation and robotics are expected to positively influence the global smart antenna market in the coming years.
Global smart antenna market can be segmented into technology, type, application, and region.Based on technology, the market can be segmented into MIMO, SIMO, and MISO.
MIMO captured 48.01% of the global market in the year 2020 and the segment is expected to witness significant growth in the forecast period due to better control over interference and narrow beam approach resulting in better signal strength and range. Based on type, the market is sub-segmented into switch multibeam antenna and adaptive array antenna. The switch multibeam antenna is expected to hold a market share of 51.29% in 2020.
Based on application the market is sub-segmented into technology and cellular. In 2020, cellular segment held share of 52.77% in the market and the segment is expected to grow during the forecast period due to the widespread adoption of smartphones and the advent of the 5G infrastructure.
Regionally, the Smart Antenna market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America is expected to dominate the market on account of the widespread adoption of smart antennas, however, the Asia-Pacific region is expected to grow at a higher pace.
The major players operating in the global smart antenna market are Ericsson, Huawei Technologies Co. Ltd., Sierra Wireless Inc., Nokia Corporation, Qualcomm Technologies Inc., Xilinx Inc., Airgain Inc., CommScope Inc., ZTE Corporation, Samsung Electronics Pvt Ltd. These companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers and acquisitions and new service developments.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026
Objective of the Study:
• To analyze the historical growth in the market size of the global smart antenna market from 2016 to 2020.
• To estimate and forecast the market size of the global smart antenna market from 2021 to 2026 and growth rate until 2026.
• To classify and forecast the global smart antenna market based on technology, type, application, company, and regional distribution.
• To identify the dominant region or segment in the global smart antenna market.
• To identify drivers and challenges for the global smart antenna market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global smart antenna market.
• To identify and analyze the profiles of leading players operating in the global smart antenna market.
• To identify key sustainable strategies adopted by market players in the global smart antenna market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers across the globe.
Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.
Through this technique, the analyst could include the manufacturers which could not be identified due to the limitations of secondary research. The analyst examined the manufacturers, distribution channels and presence of all major players across the globe.
The analyst calculated the market size of the global smart antenna market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.
Key Target Audience:
• Smart antenna manufacturers/ suppliers/ distributors
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances related to smart antennas.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, the global smart antenna market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
• Global Smart Antenna Market, By Technology:
• Global Smart Antenna Market, By Type:
o Switch Multibeam Antenna
o Adaptive Array Antenna
• Global Smart Antenna Market, By Application:
• Global Smart Antenna Market, By Region:
o North America
o South America
o Middle East and Africa
Company Profiles: Detailed analysis of the major companies present in the global smart antenna market.
With the given Market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:
• Detailed analysis and profiling of additional market players (up to five).
Read the full report: https://www.reportlinker.com/p06020717/?utm_source=GNW
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
CONTACT: Clare: firstname.lastname@example.org US: (339)-368-6001 Intl: +1 339-368-6001