Smart Antenna Market Size, Share, Trends, Industry Analysis Report: By Type, By Technology (SIMO, MIMO, MISO), By Product, By Application, and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) – Market Forecast, 2024 - 2

Smart Antenna Market Size, Share, Trends, Industry Analysis Report: By Type, By Technology (SIMO, MIMO, MISO), By Product, By Application, and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) – Market Forecast, 2024 - 2032

The global smart antenna market size is expected to reach USD 14.54 billion by 2032, according to a new study by Polaris Market Research. The report “Global Smart Antenna Market Size, Share, Trends, Industry Analysis Report: By Type, By Technology (SIMO, MIMO, MISO), By Product, By Application, and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) – Market Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The smart antenna market is experiencing significant growth owing to the rise in wireless connectivity solutions usage attributed to digital transformation. The expanding adoption of wireless systems, wireless communications, and the rising incorporation of smart antennas in consumer electronic devices like laptops, tablets, wearables, smartphones, and other gadgets are further driving the market expansion.

Market players are developing sustainable smart antenna in response to the increasing customer demand. These antennas efficiently transmit and receive data across multiple users and devices simultaneously without requiring additional energy, even during periods of increased network traffic. Sustainable smart antenna forms an essential component of 5G infrastructure as it supports sustainability and reduces carbon footprint.

For instance, in March 2023, Huawei introduced the Eco series smart antennas designed to lower site power consumption and enhance network energy efficiency by reducing carbon emissions. The Eco series antennas enable operators to establish environmentally friendly, high-performance 5G networks.

The increasing adoption of satellite communications in smart antennas is driving the market expansion. This expansion is driven by the growing demand for satellite-assisted combat, the rise in space exploration missions, improved deployment of small satellites, and cost-effective satellite launch operations.

For instance, Greenerwave, a French startup, is developing a terminal that utilizes a technology known as reconfigurable intelligent surface (RIS) to lower expenses and energy usage.

Smart Antenna Market Report Highlights

• The MIMO (Multiple Input Single Output) segment is expected to grow with the highest CAGR in the market due to its ability to enhance wireless communication performance.
• The cellular systems segment dominated the market owing to its application, as it uses a cluster of smart antennas to enhance signal strength and quality effectively.
• The North America dominated the smart antenna market owing to the presence of significant technology firms specialized in telecommunications and wireless technologies.
• Asia Pacific is expected to grow at the highest CAGR in the market because smart antennas in this region are ensuring smooth wireless connectivity for high-speed communication systems.
• The global key market players include Airgain Inc., Amphenol Corporation, Broadcom Limited, Galtronics USA Ltd., Intel Corporation, Linx Technologies, Molex LLC, Qualcomm Technologies, Inc., Sierra Wireless, and Sunway Communication.

Polaris Market Research has segmented the smart antenna market report based on type, technology, product, application, and region:

Smart Antenna– Type Outlook (Revenue - USD billion, 2019–2032)

• Switched Beam Smart Antenna
• Adaptive Array Smart Antenna
• FPC Smart Antenna
• LDS Smart Antenna
• MPI Smart Antenna
• LCP Smart Antenna

Smart Antenna– Technology Outlook (Revenue - USD billion, 2019–2032)

• SIMO (Single Input Multiple Output)
• MIMO (Multiple Input Single Output)
• MISO (Multiple Input Multiple Output)

Smart Antenna– Product Outlook (Revenue - USD Billion, 2019–2032)

• Smart TV
• Phone
• Laptop
• Wireless Audio
• Tablet
• Wearables
• Desktop

Smart Antenna– Application Outlook (Revenue - USD billion, 2019–2032)

• Wi-Fi Systems
• Cellular Systems
• WiMAX Systems
• RADAR Systems
• Others

Smart Antenna– Regional Outlook (Revenue - USD billion, 2019–2032)

• North America

U.S.

Canada

• Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Rest of Europe

• Asia Pacific

China

India

Japan

South Korea

Indonesia

Australia

Vietnam

Malaysia

Rest of Asia Pacific

• Latin America

Argentina

Brazil

Mexico

Rest of Latin America

• Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa

Rest of Middle East & Africa