Fairfield Market Research
Smart Antenna Market

Smart Antenna Market

Global Industry Analysis (2018 - 2021), Growth Trends, and Market Forecast (2022 - 2029)

Published Date: Upcoming | Format:

Industry: Information & Communications Technology | Author Name: Mohit


Request TOC More Information

Smart antenna market is likely to exhibit a promising growth curve as far as the short-term outlook is considered. The report will uncover the insights into how the market growth will unfold in the next few years.

Smart Antenna Market Receives Tailwinds from Soaring Demand for Long-range Encrypted Data Transfer

With growing digitization, the demand for smart antennas increased considerably to gain flawless connectivity and fast and secure two-way communication. The world being technologically and digitally connected, the demand for encrypted and long-range transfer of data has risen. This has influenced the growth of the smart antenna market across emerging economies and developed nations. Moreover, the application of smart antennas is increasing beyond the usual spectrum. Their adoption has grown significantly paving new pathways for smart antenna market on the global front. Apart from mainstream end use industries, other niche industrial segments are also being tapped by companies in the smart antenna market. For example, in April 2022, a distribution deal was signed between Volvo Construction Equipment and Hemisphere GNSS. As per this contract, distribution of Hemisphere GNSS’s new smart antennas, the S631 GNSS, would be carried out for the construction business positioning them as a safe data transfer solution. This factor is likely to bode well for the smart antenna market.

Use in Autonomous Vehicles to Bolster Growth of Smart Antenna Market

Advent of autonomous vehicles coupled with rising demand for wireless communication is likely to provide incremental opportunities to companies in the smart antenna market. Proliferation of autonomous cars backed by intelligent algorithms has resulted in companies providing smart antennas to focus on research and development. Connectivity among several entities has prevailed as a critical requirement to establish digital transformation. Key stakeholders in the market are putting efforts in developing reliable and powerful network connections that facilitate receiving and sending of huge quantities of data. With this technology OEMs can offer novel technical architecture and satisfy customer demand from entertainment and connectivity standpoints. In addition, smart antennas are invisible and reduce net weight of the vehicle and overall cost via short cable length and better cable routing. In this backdrop, the demand for smart antennas in the automotive sector, particularly in autonomous vehicles is expected to increase thus complementing the growth of the market.

Network Traffic Problems in Home Settings Stimulate Smart Antenna Market

The COVID-19 pandemic embossed a major disruption on several businesses in 2020. However, some businesses witnessed a spike in their usual statistics amidst the pandemic. Since the COVID-19 pandemic, remote working gained significant traction across the globe with a view to curb the spread of the virus. This also fueled the adoption of 5G and 4G technologies in home settings to obtain uninterrupted network. However, this resulted in an unprecedented network traffic resulting in frequent fluctuations in internet speeds in residential and home settings. Companies providing smart antennashave been capitalizing on this scenario and are focusing on developing advanced and technologically sound products. This aspect is likely to provide new opportunities for the growth of the smart antenna market in the forthcoming years.

Smartphone Proliferation to Augur Well for Smart Antenna Market

With technological advancements, the use of smart consumer devices has increased considerably over the years. Individuals are opting for smart devices that are portable or mobile. This has influenced the use of smartphones since decades as they are a viable alternative to bulky consumer electronic devices. However, with growing adoption, challenges such as poor battery life, call drops and connectivity issues have been surfacing. With smart antenna systems network performance can be enhanced substantially alongside facilitating power savings. Conventional omnidirectional antennas result in interference and power wastage. However, smart antenna systems can find the signal direction and point towards it to gain optimum signal strength. This consequently avoids drops in calls and enhances battery life. That said, rampant proliferation of smartphones is expected to provide ample opportunities for the growth of smart antenna market on the global front.

Use of Smart Antenna in Wireless Communication Systems to Uplift Smart Antenna Market Growth

In addition, rising demand for wireless and high-speed communication is expected to promote market growth. Wireless technology is an essential component of mobile communication. However, it is impacted by pressing challenges such as interference and spectral efficiency issues. With smart antennas, the efficiency of the spectrum can be increased by exploiting spatial domain. This further improves performance of wireless systems thus enabling wireless local loop (WLL), personal communication services (PCS) and cellular networks to provide efficient service. Furthermore, Co-channel interference and multipath interference, that hamper wireless communication system performance, can be addressed using smart antennas. In this backdrop, rising demand for wireless communication is projected to emboss a positive impact on the market growth.

North America to Lead the Smart Antenna Market

Widespread adoption of smartphones coupled with technological developments continue to influence the smart antenna market growth in North America. In addition, the superior infrastructure, strong economy, and early adoption of technology by consumers are few of the vital factors propelling the adoption of smart antennas. Moreover, other aspects such as presence of major technology companies and rising 5G smart antenna demands have contributed towards the revenue growth of the market in the region. Given this background, the market in North America is likely to remain optimistic in the forthcoming years.

Smart Antenna Market: Competitive Landscape

A few of the major players in the market include Broadcom Limited, Sierra Wireless, Airgain Inc., Linx Technologies, Qualcomm Technologies Inc., Intel Corporation, and Motorola Solutions Inc.

The Global Smart Antenna Market Is Segmented As Below:

By Type

  • Adaptive Array Antenna
  • Switched Multibeam Antenna

By Application

  • Cellular
  • Wi-Fi
  • Broadband
  • WiMax
  • Others

By Technology

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

By End User

  • Telecommunications
  • Defense
  • Broadband and Internet Service Providers
  • Infrastructure
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Russia
    • Rest of Europe
  • Asia Pacific
    • Japan
    • South Korea
    • India
    • China
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Elements Included In The Study: Global Smart Antenna Market

  • Smart Antenna Market by Product/Technology/Grade, Application/End-user, and Region
  • Executive Summary (Opportunity Analysis and Key Trends)
  • Historical Market Size and Estimates, Value, 2018 - 2021
  • Market Value at Regional and Country Level, 2022 - 2029
  • Market Dynamics and Economic Overview
  • Market Size in Value, Growth Rates, and Forecast Figures, 2022 - 2029
  • Competitive Intelligence with Financials, Key Developments, and Portfolio of Leading Companies 
  • Regional and Product/Grade/Application/End-user Price Trends Analysis
  • Value Chain and Five Force’s Analysis
  • Regional/Sub-region/Country Market Size and Trend Analysis
  • Company Market Share Analysis and Key Player Profiles

Post Sale Support, Research Updates & Offerings

We value the trust shown by our customers in Fairfield Market Research. We support our clients through our post sale support, research updates and offerings.

  • The report will be prepared in a PPT format and will be delivered in a PDF format.
  • Additionally, Market Estimation and Forecast numbers will be shared in Excel Workbook.
  • If a report being sold was published over a year ago, we will offer a complimentary copy of the updated research report along with Market Estimation and Forecast numbers within 2-3 weeks’ time of the sale.
  • If we update this research study within the next 2 quarters, post purchase of the report, we will offer a Complimentary copy of the updated Market Estimation and Forecast numbers in Excel Workbook.
  • If there is a geopolitical conflict, pandemic, recession, and the like which can impact global economic scenario and business activity, which might entirely alter the market dynamics or future projections in the industry, we will create a Research Update upon your request at a nominal charge.

Disclaimer:

  • The segmentation/company profiles/countries depicted above may vary in the actual report.

Request Table of Contents

Our Research Methodology

Under uncertainty, traditional approaches to strategic planning can be downright dangerous. True ambiguity is no basis to forecast the future – degree of risk, the magnitude of circumstances, conditions and consequences are not known or unpredictable. To avoid dangerous binary views of uncertainty; strategic posture, moves and actions through market research is the best bet.

Read more
Fairfield Quality assured
Fairfield Confidentiality assured
Fairfield Custom research services