Smart Antenna Market Research Report, Share and Forecast, 2024 – 2032
Smart Antenna Market Research Report, Share and Forecast, 2024 – 2032

Smart Antenna Market Share, Size, Trends, Industry Analysis Report By Type (Switched Beam Smart Antenna, Adaptive Array Smart Antenna); By Technology (SIMO (Single Input Multiple Output), MISO (Multiple Input Single Output), MIMO (Multiple Input Multiple Output)); By Application (Cellular Systems, RADAR Systems, Wi-Fi Systems, Others); By Regions, Segments & Forecast, 2024 - 2032

  • Published Date:Jan-2024
  • Pages: 113
  • Format: PDF
  • Report ID: PM1454
  • Base Year: 2023
  • Historical Data: 2019-2022

Report Outlook

The global smart antenna market  size was valued at USD 6.59 billion in 2023. The market is anticipated to grow from USD 7.19 billion in 2024 to USD 14.55 billion by 2032, exhibiting the CAGR of 9.2% during the forecast period.

Smart antennas are responsible for transmission and reception of multiple radio frequencies, which decrease error rates during data communication while increasing data speed between the source and the destination. Smart antenna patterns are controlled through algorithms based on criteria such as maximizing signal-to-interference ratio, minimizing variance, minimizing the mean square error, steering toward a signal of interest, nulling the interfering signals, or tracking a moving emitter among others. Smart Antennas are used to increase the efficiency in digital wireless communication systems. These antennas offer high efficiency and high power for desired signals.

Smart Antenna Market Size

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The increasing applications of wireless communication, and growing adoption of smart connected devices drive the growth of the smart antenna market. The growing penetration of mobile devices, and rising demand for use of smart antenna in smartphones is expected to support smart antenna market growth during the forecast period. The increasing demand for bandwidth requirement and growing need for high-speed communication services further support market growth. Other factors driving the market include technological advancements, increasing adoption of advanced networking technologies, growing demand for mobility, and increasing demand for Wi-Fi and wireless broadband services. However, high costs associated with smart antenna hinder the market growth. Growing demand from emerging economies, and technological advancements in cellular networks are factors expected to provide numerous growth opportunities for smart antenna market in the coming years.

Smart Antenna Market info

Segment Analysis

The global smart antenna market is segmented on the basis of type, technology, application, and region.

Based on type, the market is segmented into switched beam smart antenna, adaptive array smart antenna market. in adaptive array smart antenna, there is a change in the beam pattern according to the movement of the target user along with the movement of the interference. The received signals are weighted and later combined to increase the required signal to interference in addition to the noise and power ratio.

On the basis of technology, the market is segmented into SIMO (Single Input Multiple Output), MISO (Multiple Input Single Output), MIMO (Multiple Input Multiple Output). The MIMO segment is expected to grow at the highest rate during the forecast period owing to its ability to eliminate the adverse effects of multipath propagation along with offering features of both MISO and SIMO. MIMO has attracted the most attention recently because it can not only eliminate the adverse effects of multipath propagation, but in some cases can turn it into an advantage.

The application segment is categorized into Cellular Systems, RADAR Systems, Wi-Fi Systems, Others. The cellular segment dominated the global market in 2017 owing to rising adoption of mobile and connected devices.

Smart Antenna Market size

Regional Analysis

Based on geography, the smart antenna market is segmented across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific. North America accounted for the largest share in the global smart antenna market in 2017. The growing demand of mobile devices, and technological advancements support the market growth in the region.

Smart Antenna Market reg

Competitive Landscape

The leading players in the smart antenna market include Texas Instruments Incorporated, Qualcomm Technologies, Inc., Broadcom Limited, Airgain, Inc., Motorola Solutions, Inc, Ruckus Wireless, Airgo Netwroks Inc., Interdigital communications Corp., Lucent technologies, and Sierra Wireless among others. These leading players in the market are introducing innovative products in the market to cater to the consumers. Global players are entering new markets in developing regions to expand their customer base and strengthen market presence.