Smart Antenna Market

Market Overview

The global smart antenna market size was valued at USD 6.76 billion in 2022. It is projected to reach USD 14.81 billion by 2031, growing at a CAGR of 9.1% during the forecast period (2023–2031).

Wireless systems are an essential part of modern society as technological developments are making new applications possible and providing new avenues for significant economic benefits. A smart antenna system combines a number of antenna elements with a signal processing capability to optimize its radiation and reception pattern automatically in response to the signal environment. Using smart antennas at one or both transmitter and receiver ends separates different users with their different spatial signature and enhances throughput in a wireless network.

Market Dynamics

Most Wi-Fi and cellular communications networks operate at frequencies between 800MHz and 3GHz, which fall under wireless communication due to moderate bandwidths, good propagation characteristics, and a wide range of available components. This has been driving steady growth in the usage of wireless communication systems, which is expected to drive the smart antenna market in coming years.

Multiple access interference, power control, range extension, reduction in the fading of signals, and multipath management are the major benefits associated with smart antennas. The increasing popularity of smartphones has been contributing to the high market share of smart antennas. On the other hand, high manufacturing and maintenance costs are among the major restraining factors hindering market growth. As smart antennas are yet in the research and development stage, they could face several technical issues in implementation.

Segmental Analysis

The global smart antenna market has been segmented on the basis of type, technology, and application.

On the basis of type, the market has been segmented into switched multibeam antenna and adaptive array antenna.

On the basis of technology, the market has been segmented into a MIMO (Multiple Input Multiple Output), MISO (Multiple Input Single Output), and SIMO (Single Input Multiple Output).

On the basis of application, the market has been segmented into handheld tools, mobile device tools, and PC/laptop-based tools.

Based on technology, the MIMO segment is expected to hold a large market share due to high spectral efficiency and link reliability or diversity. Based on the type of antenna, the adaptive array antenna segment is anticipated to hold a large market share. In the coming years, the switched multibeam antenna segment is expected to witness significant growth in the smart antenna market.

Regional Analysis

Geographically, the global smart antenna market has been segmented into North America, Europe, Asia Pacific, and Latin America and the Middle East & Africa (LAMEA).

North America is a leading region in the smart antenna market, owing to the presence of high-quality wireless communication systems and flourishing market for smartphones with the presence of prominent smartphone players in the region. Moreover, early adoption of latest technologies in various sectors and rapid developments are also expected to drive market growth in the coming years.

Asia Pacific is expected to witness high growth in the smart antenna market during the forecast period, 2019–2026. Governments in APAC countries are keen on investing in advanced technologies and initiatives such as IoT and smart cities, which will require enhanced networking infrastructure.

Europe is a prominent region in the smart antenna market due to advancements in wireless connectivity and huge government investments and collaborations with private sector companies for further development.

Latin America and the Middle East & Africa region is expected to witness rapid growth during the forecast period, 2019–2026. Growth in the region can be attributed to the increasing investments by players in the region. GCC countries have been recording rapid growth, due to the development of cellular networking technologies.

Recent Developments

In October 2017, Nippon Telegraph and Telephone Corporation announced the development of Cooperative wireless LAN technology with distributed smart antenna system (D-SAS), which will help improve throughput in massive wireless LAN environments such as stadiums where a number of smartphones and related devices are used.

In August 2017, ALCAN Systems GmbH raised around EURO 5.7 million in Series-A funding from a consortium of investors for bringing next-generation low-cost, ultra-thin flat smart antennas to the market.

Smart Antenna Market Segmentation

By Type

• Switched Multibeam Antenna
• Adaptive Array Antenna

By Technology

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

By Application

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

By Region

• North America (U.S. and Canada)
• Europe (France, Germany, Italy and Rest of Europe)
• Asia-Pacific (India, South Korea, China, Japan and Rest of Asia-Pacific)
• LAMEA (Brazil, Turkey, Saudi Arabia, South Africa and Rest of LAMEA)