Smart Antenna Market to Reach USD18.35 Billion By 2026 | TechSci Research
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 ...