5G Smart Antennas Market Update
This market briefing report provides a 5G smart antenna market update including focus on technologies, techniques, and emerging antenna vendors. It includes forecasts for global and regional 5G smart antenna market 2020 – 2025.
The anticipated global market for SIMO (Single Input Multiple Output), MISO (Multiple Input Single Output), and MIMO (Multiple Input Multiple Output) 5G smart antennas will be $1.9M, $1.6M, and $1.3M respectively by 2024. These systems will support a variety of applications including many advanced enterprise solutions and industrial automation services.
Mind Commerce sees the global market for switched multi-beam 5G smart antenna solutions reaching $3.1B by 2024. However, adaptive array systems will grow over 50% faster than multi-beam technology, eventually overtaking market share.
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