Email
Print
5G Smart Antenna Market Overview
The Global 5G Smart Antenna market size is forecast
to reach $7.1 billion by 2026, growing at a CAGR of 23.7%
from 2021 to 2026. Factors such as increasing demand for faster mobile
broadband speeds, as well as capability of massive amounts of data, transfer more
easily with minimum latency, high speeds, and connectivity and supporting MIMO
communication have been acting as the prime factors boosting the market growth
for 5G smart antennas. Additionally, increasing investments towards developing
5G smart phones or related products along with surge of
wireless technologies, IoT and others are enhancing industrial automation
requirements which is further analysed to drive the market forward in the long run.
Moreover, rise of 5G deployments within various countries, shift towards
connected vehicles or autonomous vehicles, need for faster data connection
particularly for ICT industries overtime and so on is further set to fuel the
growth of 5G smart antennas in the forecast period.
Report Coverage
The
report: “5G Smart Antenna Industry
Outlook – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis
of the following segments of the 5G Smart Antenna industry.
By Type: Adaptive Array Antennas, Switched
Multi-Beam Antennas.
By Communication Technology: Multiple Input Multiple Output (MIMO),
Multiple Input Single Output (MISO), Single Input Multiple Output (SIMO).
By Beam Type: Active, Passive, Hybrid.
By Frequency Band: FR1, FR2.
By Application: Connected & Self-Driving Vehicles,
Industrial IoT, Smart Cities, Smart Devices, Others.
By Geography: North America (U.S, Canada,
Mexico), Europe (U.K, Germany, Italy, France, Spain, Others), APAC (China, Japan,
South Korea, India, Australia, Others), South America (Brazil, Argentina, Others)
and RoW (Middle East, Africa).
Key Takeaways
- Increasing investments towards developing 5G smart phones and related products as well as surge of wireless technologies, IoT and many others for enhancing industrial automation is analysed to significantly drive the 5G smart antenna market during the forecast period 2021-2026.
- MIMO communication technology based 5G smart antenna segment is anticipated to grow with the highest CAGR during 2021-2026, attributing to factors like eliminating costs related to power consumption, growing adoption of wireless systems and so on.
- APAC is analysed to account for the fastest growing region during 2021-2026, owing to various factors including growing industrialization, higher adoption of 5G smartphones, increasing investments on R&D activities from some of the key market players and many others.
Global 5G Smart Antenna Market Value Share, By Region, 2020 (%)
5G Smart
Antenna Market Segment Analysis- By Communication Technology
Based on communication technology segmentation,
Multiple
Input Multiple Output (MIMO) market is analysed to grow with the
highest CAGR of 9.7% in the global 5G Smart Antenna market during the forecast
period 2021-2026. This market growth is attributed owing to its capability of
combining the benefits of both technologies, namely SIMO and MISO. Due to its
advantage of eliminating additional costs related to bandwidth as well as power
transmission, they have been gaining wide popularity among various end-use
applications overtime. In addition, 5G smart antennas leveraging MIMO communication
technology act as an ideal alternative with its ability to compensate
attenuation more efficiently through its multiple signal paths. Since there are
frequent changes in the optimal signals during a 5G data or voice connection,
opting for such smart antennas will help in offering the best signal
irrespective of high levels of attenuation or signal related issues, which can
be considered as a prime factor analysed to drive the market forward in the
long run. Moreover, massive MIMO smart antenna technology can support a
large customer base with much faster as well as reliable network connection,
meeting large bandwidth requirements easily, which in turn is influencing the
growth towards 5G smart antennas. High investments from Vodafone, Qualcomm, Huawei and
many others towards enabling higher adoptability towards MIMO communication
networks will be further impacting the demand for 5G smart antennas. In April
2021, a European networking giant, named Vodafone announced about its
collaboration with Qualcomm Technologies as a part of making reference
designs for the equipment makers working on developing Open Radio Access
Network systems. With this collaboration, the companies will be working
together in order to support the development of high-performance virtualized
and modular 5G networks including support for massive MIMO antenna systems within
the radio unit chips. Such factors are set to boost the growth of 5G smart
antenna in the long run.
5G Smart Antenna Market Segment Analysis - By Application
Connected
& Self Driving Vehicles segment is analyzed to account for the highest growth
of CAGR 11.3% in the global 5G Smart Antenna market during 2021-2026. Connected
vehicles leverage a broad range of wireless technologies be it LTE, Wi-Fi, IoT
and so on as a part of enabling advanced, faster and efficient vehicular
communication for the end-users. Due to the requirement of high capacity and lower
latency communication, need for 5G smart antennas will be impacted
significantly across connected vehicles or autonomous driving applications
owing to capabilities of offering improved bandwidth as well as latency in
order to drive safer vehicle operations. Compared to traditional antennas, 5G
smart antenna solution enables data from
all areas of RF connections to be routed within the vehicle network, along with
reducing signal losses during the transmission processes, adding as a major
benefit for its market growth. In February 2019, Zhejiang Geely Holding Group
had revealed about its plans of developing the first domestically mass produced
5G as well as C-V2X enabled vehicles by 2021. This development will be done
through its collaboration with Qualcomm Technologies Inc. and Gosuncn Group with
assistance on leveraging 5G networking including smart antennas. This
collaboration is further set to drive the demand for 5G smart antennas as a
part of enhancing vehicle communications for connected automotive applications
in the long run. Additionally, in March 2020, SIMCom in collaboration with a
Germany based leading Tier-1 supplier of automotive communication receiving
systems had jointly developed a 4G/5G C-V2X vehicle mounted smart antenna,
integrated with functions like MIMO, multiband as well as configuration support for
all RF communication standards. This development was done to maximize
throughput and coverage needs, for serving areas including vehicle-to-vehicle,
vehicle-to-pedestrian as well as vehicle-to-infrastructure applications, thus analysed
to significantly boost the market growth in the automotive markets owing to
high investments towards connected vehicles during the forecast period.
5G Smart Antenna Market Segment Analysis - Geography
APAC region is analysed to witness the highest growth with CAGR 12.3% in the global 5G Smart Antenna market during the forecast period 2021-2026. Factors such as growing adoption of 5G smartphones, shift towards advanced technologies like IoT, AI and others along with rising demands towards faster network connectivity can be considered as some of the major drivers influencing the market growth for 5G smart antennas. Growing investments from telecom operators as well as government initiatives towards deployment of 5G base stations will be creating a positive impact on the growth towards 5G smart antennas in the long run. In addition, adoption of wireless smart and connected devices or systems owing to rapid industrial growth of IT sector, is further set to drive the needs for lower latency, high data speed and related 5G services, thereby significantly impacting the market growth towards 5G smart antennas across the region. High investments on R&D activities from some of the major market vendors including Comba Telecom, NEC Corporation with many others is anticipated to fuel the market forward in the coming years. In March 2020, Comba Telecom announced about the launch of a 5G Hybrid beam antenna and 5G outdoor sub-6 CPE, as a part of expanding its 5G product portfolio along with accelerating 5G IoT development. With support of 5G network coverage environment, this hybrid antenna offers capability of higher antenna gains as well as split sectors, in order to meet the increasing demands of network of operators while creating a robust comprehensive 5G network. Such developments are set to boost the market growth of 5G smart antennas in the long run.
5G Smart Antenna Market Drivers
Surge of wireless technologies, IoT and many others for enhancing industrial automation:
Surge of
wireless technologies, IoT and many others for enhancing industrial automation can
be considered as one of the major factors impacting the growth of 5G Smart
Antenna market. Increasing adoption of wireless technologies, IoT, machine
learning, artificial intelligence (IoT) and so on have been gaining higher
adoptability across major industry verticals as a part of uplifting operational
productivity standards, which has been significantly driving the need towards high
connectivity, low latency and reliable communication networks like 5G. In order
to serve industrial applications deploying connected devices or advanced
technologies like IoT, AI and others, the need for 5G networks is significantly
growing at a rapid pace for offering advantages like increased capacity, high
data rates and many more. Utilizing a 5G smart antenna will help in providing
ultra-band connectivity and broadband performance meant for machine to machine
communication, IoT and many other related applications areas for supporting
industrial automation. In March 2020, one of the leading providers for
next-generations IoT solutions, Taoglas had revealed about its technology
partnership with MixComm as a part of their joint development of a 5G
new radio mmWave (millimeter wave radio frequency) smart antenna subsystem, which
is capable of covering band of around 26.5-29.5 GHz range. This development was
done in order to support both infrastructure as well as IoT OEM’s integration
of 5G NR devices, thus making it ideal for small cells, repeaters as well as customer-premises
equipment designs. In addition, its design scalability as per device
implementation serves as an added benefit for the antenna, thus analysed to
drive its market growth for serving varied industrial automation applications,
including IoT, wireless connected devices and others in the long run.
Increasing investments towards developing 5G smartphones and related products drives the market forward:
Increasing investments towards
developing 5G smartphones and related products is analysed as one of the major
drivers boosting the market growth of 5G smart antennas. With technological
advances and high speed connectivity, various manufacturers have started
investing as well as supporting the development of 5G smartphones in order to
gain traction in the consumer electronics market as well as improve customer
satisfaction. Various leading smartphone brands such as Samsung, Xiaomi and
Vivo with many others have already started manufacturing and selling 5G
smartphones in the markets, which in turn is raising the demand for 5G smart
antennas to provide high quality data communication as well as meet the surge
of mobile data traffic overtime. In March 2020, Oppo announced about the launch
of a 5G CPE device, named 5G CPE Omni, as a part of
accelerating the rollout of 5G network globally while offering users with an unprecedented
5G experience. Due to leveraging 5G smart antenna technology, this device
showed capability of maximizing data throughput during antenna switching within
the sub-6 GHz frequency bands, gaining it wide popularity across consumer
markets. In June 2021, Realme had revealed
about its plans of developing a 5G smartphone at a price under Rs. 10,000 by
the next year, as a move towards bringing a cost efficient smartphone in the
consumer market. Along with this, the company announced about investing an
amount of over Rs. 2100 Crores (around 300 Million USD) on global 5G research
& development with setting up of seven R&D centres across different
locations, including India. Such investments are further set to propel the
demand for 5G smart antennas for serving demanding communication applications
during the forecast period.
5G Smart Antenna Market Challenges
High costs:
High costs related to designing, maintenance and repair act as one of
the major factors restraining the market growth of 5G smart antennas. Designing
of smart antennas with 5G technology support is comparatively complex and
incurs the need for expensive materials, which in turn raises the production
costs for the manufacturers. Factors such as low latency, less power
consumption, minimal signal interferences and so on, create the need for
skilled professionals to design smart antenna solutions incorporated with the
requirements, thus making the manufacturing process time consuming. Improper
designing can lead to several communication issues for the end users, thus
contributing highly towards optimum precision, adding to operational costs for
the organizations. Apart from this, 5G smart antennas support larger bandwidth,
which in turn helps in faster and simultaneous data transfer as well as
connectivity, making it prone to damages or breakouts overtime. In order to
ensure minimal defects or disruptions for the end-use applications, the need
for maintenance and repair services becomes highly essential. With high initial
costs of 5G smart antennas, there is lesser adoption from the small as well as
mid-size enterprises, which have been eventually hampering its market growth.
5G Smart Antenna Market Landscape
Product launches, acquisitions, and R&D activities are key strategies adopted by players in the 5G Smart Antenna market. The 5G Smart Antenna market top 10 companies include Airgain Inc., CommScope Inc., Qualcomm Technologies Inc., Comba Telecom, Nokia Corporation, PCTEL Inc., Linx Technologies, Sierra Wireless, NEC Corporation and Laird Technologies among others.
Acquisitions/Technology Launches/Partnerships
- In
March 2021, CommScope announced about the launch of a 5G antenna solution, in
order to speed up spectrum deployments including the new C-Band airwaves. Development of these C-Band
antennas was done as a part of supporting varied primary upgrade paths, namely
standalone passive or active C-band antenna paradigm, multi-band passive
antenna with low band & mid band support along with C-Band within a single
housing, a modular antenna configuration comprising of mid-band, full length
low band arrays as well as field-replaceable modules.
- In August 2020, PCTEL Inc. announced about the launch of a low profile vertical antenna, named BMLPV5000 designed for 5G FR1 wireless networks, with capability of covering frequencies from 600 MHz to 6 GHz. This development was done in order to support high-speed requirements for complex RF communication systems across smart city applications, like machine-to-machine communication, smart energy networks, transportation network infrastructure as well as small cells installations.
Relevant Report Titles:
For more Electronics Market reports, please click here