The global GSM antenna market to grow at a CAGR of 4.6% during the period 2017-2021.
Global GSM Antenna Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is adoption of massive MIMO. MIMO involves multiple technologies. It is essentially a wireless network that allows the transmitting and receiving of more than one data signal simultaneously over the same radio channel. While standard MIMO networks tend to use two or four antennas, massive MIMO, on the other hand, is a system with an exceptionally high number of antennas.
According to the report, one driver in the market is increasing demand for network capacity to access connected services. There is a continuous growth in demand for faster mobile broadband communication to experience seamless integrity of connected devices. The internet is an important access channel to support and enable communications over large-scale loT devices. The advent of high-speed 4G LTE wireless networks has helped support high-bandwidth M2M applications. The roll out of 4G LTE-machines (LTE-M) and LTE-unlicensed (LTE-U) and 5G networks is expected to facilitate faster transmission and higher volumes of data in the smart ecosystem.
Further, the report states that one challenge in the market is saturation of cell sites in developed countries. Developed countries such as the US, Germany, and the UK have had GSM connections for more than 20 years. Over this period of time, they have installed a large number of GSM antennas across their entire geography to cater to the data and calling requirements of their respective citizens.
These countries generate the maximum revenue for GSM antenna vendors, because of their large user base and high per capita incomes. However, after 2008, these countries have shown a slowdown in the growth of the GSM antenna market. This is because all the cell sites across these regions have been covered by current GSM networks and do not require additional cell sites for coverage.
Adoption of massive MIMO
Development of complementary technologies
Growth of UWB
Rising deployment of safety systems in automobiles