Lucintel's latest market report analyzed that smart antenna provides attractive opportunities in the Wi-Fi system, WiMAX system, cellular system, and RADAR system applications. The smart antenna market is expected to reach $10.7 billion by 2028 with a CAGR of 8.1%. In this market, MIMO (multiple input multiple output) is the largest segment by technology, whereas WiMAX system is largest by application.
Based on technology, the smart antenna market is segmented into SIMO (single input multiple output), MISO (multiple input single output), and MIMO (multiple input multiple output. The MIMO (multiple input multiple output) segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its high spectral efficiency and link reliability, and provides improved signal transfer at minimal costs.
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The Smart Antenna Market is marked by the presence of several big and small players. Some of the prominent players offering smart antenna include Airgain, Broadcom Limited, Intel Corporation, Motorola Solutions, Qualcomm Technologies, Telstra, and Texas Instruments.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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