Smart Antenna Market to Surpass 15.01 Billion by 2030 Drives Due to Increasing Demand for Enhanced Connectivity and Advanced Communication Systems

SkyQuest projects that the smart antenna market will attain a value of USD 15.01 billion by 2030, with a CAGR of 9.68% over the forecast period (2023-2030). The application of smart antennas is expanding beyond traditional domains, leading to substantial growth in the global smart antenna market. Companies are exploring new avenues and niche industrial segments alongside mainstream end-use industries to capitalize on the opportunities presented by smart antennas.


Westford, USA, July 06, 2023 (GLOBE NEWSWIRE) -- According to SkyQuest, the demand for Smart Antennas Market has witnessed a significant surge due to the increasing need for flawless connectivity and fast, secure two-way communication. There is a growing demand for encrypted and long-range data transfer capabilities in today's interconnected and digitally driven world. This trend has had a profound impact on the growth of the smart antenna market, both in emerging economies and developed countries.

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Browse in-depth TOC on "Smart Antenna Market"

  • Pages - 250
  • Tables - 63
  • Figures – 75

Smart antennas have the remarkable ability to receive and decode various types of signals with minimal errors. This unique capability has fueled the rapid growth of the smart antenna market. Smart antennas have become indispensable with the increasing reliance of industries on fast and secure two-way communication. They enable seamless and efficient communication across various sectors, including telecommunications, transportation, aerospace, defence, among others.

Prominent Players in Smart Antenna Market

  • Airgain, Inc.
  • CommScope Holding Company, Inc.
  • Qualcomm Technologies, Inc.
  • Samsung Electronics Co., Ltd.
  • Sierra Wireless, Inc.
  • Telefonaktiebolaget LM Ericsson
  • Texas Instruments Inc.
  • Motorola Solutions, Inc.
  • ZTE Corporation
  • NEC Corporation
  • Alcatel-Lucent S.A.
  • Intel Corporation
  • Broadcom Inc.
  • Huawei Technologies Co., Ltd.
  • Kathrein SE
  • Laird Connectivity
  • Ruckus Wireless, Inc.
  • Taoglas Group Holdings Limited
  • PCTEL, Inc.
  • Cambium Networks Limited

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WiMAX System Segment is Expected to Grow the Market Due to the Adoption of WiMAX Technology

The WiMAX system segment is projected to witness the highest CAGR of 12 per cent in smart antenna market. Adopting WiMAX technology has provided operators with more flexible options for mobile and stationary communication systems. This wireless broadband technology enables high-speed data transmission over long distances, making it suitable for various applications.

The markets in the North America held the largest market share 31.06% in the global smart antenna market. This can be attributed to several factors driving its strong performance in the industry. North America boasts a high level of smartphone penetration, with a significant portion of the population relying on smartphones for various purposes.

Cellular Systems Segment is Expected to Dominate the Market Due to Enhance the Performance

The cellular systems segment holds the largest market share in the smart antenna market. Smart antennas are predominantly used in cellular systems to enhance the performance and efficiency of wireless communication networks. These systems are deployed in various generations of cellular networks, such as 3G, 4G, and 5G, to improve signal quality, coverage, and capacity.

Regional markets in the Asia Pacific are projected to emerge as the fastest-growing regional market in the smart antenna market. This growth can be attributed to several factors such as rising various cellular networks.

A comprehensive analysis of the major players in the smart antenna market has been recently conducted in a report. The report encompasses various aspects, including collaborations, mergers, innovative business policies, and strategies, providing valuable insights into key trends and breakthroughs in the market. Furthermore, the report scrutinizes the market share of the top segments and presents a detailed geographic analysis. Lastly, the report highlights the major players in the industry and their endeavours to develop innovative solutions to cater to the growing demand.

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Key Developments in Smart Antenna Market

  • Geneq Inc. recently revealed its latest addition to its geomatics and surveying product line, the SXblue SMART. This release demonstrates the company's commitment to continuously improving its offerings to meet the precision and flexibility needs of professionals engaged in field operations. The SXblue SMART is designed to deliver enhanced geomatics capabilities, catering to the requirements of geospatial and surveying applications.
  • Intellian recently introduced its new line of ship-based live TV antennas, the t-Series and s-Series equipment. The t-Series antennas, which will be available for sale starting in September, offer a significant upgrade to Intellian's WorldView LNB technology (WLNB).

Key Questions Answered in Smart Antenna Market Report

  • What specific growth drivers are projected to impact the market during the forecast period?
  • List the top companies in the market and explain how they have achieved their positions of influence.
  • In what ways do regional trends and patterns differ within the global market, and how these differences shape the market's future growth?

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