Smart antennas are multi-element antennas capable of receiving
signals at each element. These signals are combined and managed
smartly to enhance the performance of a wireless system. Smart
antennas are capable of suppressing interfering signals, boosting the
signal range, and combating signal fading. Companies in the global
smart antenna market will benefit from the multipronged technological
advancement in cellular networks. One such development is the use of
smart antennas in upcoming 5G technology, which is projected to boost
the demand for smart antennas significantly.
The Global Smart Antenna Market is projected to expand at a healthy
CAGR of 8.50% during the forecast period from 2015 to 2023. In 2014,
the global smart antenna market was estimated at US$14.7 bn and by
2023, the market is expected to be worth US$30.1 bn. This Market is
projected to expand at a healthy CAGR of 8.50% during the forecast
period from 2015 to 2023. In 2014, the global smart antenna market
was estimated at US$14.7 bn and by 2023, the market is expected to be
worth US$30.1 bn.
On the basis of technology type, the global smart antenna market is
classified into MISO (multiple input single output), MIMO (multiple
input multiple output), and SIMO (single input multiple output). The
cellular systems segment led the global smart antenna market in 2014.
This segment is expected to witness steady growth during the
forecasting horizon. Application-wise, the global smart antenna
market is divided into RADAR, cellular systems, WiMax systems, Wi-Fi
systems, and others.
in terms of revenue, the segment of MIMO held the biggest share in
the market in 2014. MIMO majorly exhibits three key functions,
namely, multiplexing, pre-coding, and diversity coding. MIMO also has
the dual capability of both MISO and SIMO technologies. This is why
the MIMO technology possesses the benefit of increased capacity in
comparison to the technologies of MISO and SISO and hence is becoming
increasing popular globally.
North America and Europe together Accounted for over 50% Share in
2014
North America led the market and constituted a 30.4% share in the
market in 2014 and was trailed by Europe. This trend is predicted to
continue in the coming years. North America and Europe together
accounted for over 50% share in the smart antenna market in the same
year. On the other hand, Asia Pacific is expected to be the most
swiftly developing region in the forthcoming years.
The key players operating in the global smart antenna market are
California Amplifier, Motorola Solutions, ArrayComm, Intel, Cobham
Antenna Systems, and Alcatel-Lucent International Holdings.
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