TechSci Press Release

Increasing wireless communications, industrial automation, robotics, and self-driven vehicles  to drive the growth of the global smart antenna market through 2026. According to TechSci Research report,  “ Global  Smart Antenna Market  By Technology (SIMO, MIMO and MISO), By Type (Switch Multibeam Antenna and Adaptive Array Antenna), By Application (Technological and Cellular), By Region, Competition, Forecast & Opportunities,  2016-2026 ” , the global smart antenna market was valued at USD8.49 billion in 2020 and is expected to grow at a CAGR of 13.92% during the forecast period owing to the rising demand for wireless communications, industrial automation and robotics across the globe.  High speed broadband connectivity, increased satellite communications, terrestrial TV networks, military communications, etc. are  further propelling the market. However, increased implementation costs and large sizes are expected to hamper the market growth during ...

According To TechSci Research,  Global smart antenna market is expected to grow at a steady rate during the forecast period. The global smart antenna market is driven by   their ability to enhance the performance of next generation wireless communication systems, in terms of high speed and reduced errors in the data transmission process. Additionally, growing demand for wireless communication across various end user industries such as defense, infrastructure, among others is further expected to propel the market through 2027.  Furthermore, increasing investments and new product launches by the key vendors operating in the market is expected to create lucrative opportunities for the market growth over next few years. However, high cost of manufacturing and maintenance can hamper the market growth during the forecast period. Besides, technical glitches can further restrict the market growth. The global smart antenna market is segmented based on technology, type, applicatio...