Published Date: 28-Jul-22
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According to a new report, published by KBV research, The Global Smart Antenna Market size is expected to reach $11.4 billion by 2028, rising at a market growth of 9.6% CAGR during the forecast period.
The WiMAX Systems segment is showcasing CAGR of 11% during (2022 - 2028). Operators can now have more greater flexibility for mobile and stationary communication systems due to the WiMAX system. For homes, institutions, and businesses, Wi-Fi solutions are essential, and smart antennas offer safe and long-range capabilities for everybody. Wi-Fi security can be provided by smart antennas in the format of conventional and sophisticated multi-layer security.
The Multiple Input & Multiple Output (MIMO) segment acquired maximum revenue share in the Global Smart Antenna Market by Technology in 2021, achieving a market value of $6.5 billion by 2028. Single input/multiple output and multiple input/Single output are two other major technology divisions. The MIMO segment of the market is now the most developed and commonly utilized. MIMO technology provides improved signal transmission at a low cost, and it is widely used because to its simplicity and cost savings.
The North America Market dominated the Global Smart Antenna Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3.8 billion by 2028. The Europe market is exhibiting a CAGR of 9.2% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 10% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/smart-antenna-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Texas Instruments, Inc., Intel Corporation, Sierra Wireless, Inc., Airgain, Inc., Qualcomm, Inc., Broadcom, Inc., Telstra Corporation Limited, Trimble, Inc., Motorola Solutions, Inc., and Linx Technologies.
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