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Smart Antenna Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Nov 2021
  • Pages: 120
  • SKU: IRTNTR71636
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The smart antenna market share is expected to increase by USD 6.63 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 11.98%.

This smart antenna market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers smart antenna market segmentation by application (technological applications and cellular applications) and geography (APAC, North America, Europe, South America, and MEA). The smart antenna market report also offers information on several market vendors, including ADTRAN Inc., Airgain Inc., AirNet Communications Corp., CalAmp Corp., Chengdu Airui Wireless Technology Co. Ltd., Cobham Plc, Intel Corp., Motorola Solutions Inc., Samsung Electronics Co. Ltd., and Sierra Wireless Inc. among others.

What will the Smart Antenna Market Size be During the Forecast Period?

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Smart Antenna Market: Key Drivers and Trends

The increasing demand for smart devices is notably driving the smart antenna market growth, although factors such as frequent advances and upgrades may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the smart antenna industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Smart Antenna Market Driver

One of the key factors driving growth in the smart antenna market is the increasing demand for smart devices. To capitalize on the growth of smart devices, smartphone OEMs are releasing products that incorporate innovative technologies to facilitate M2M communication and are focusing on launching smart devices and their supporting services. There has been an increasing focus on launching new smart devices and supporting services across the globe. Ensuring efficient and seamless operations such as data transmission and device control in these devices require high network connectivity in deployment, which requires the increasing deployment of telecommunication networks across various regions. Telecommunication network service providers deploy services to support high bandwidth demand and provide seamless network connectivity. This is driving the demand for smart antennas during the forecast period.

Key Smart Antenna Market Challenge

The frequent advances and upgrades will be a major challenge for the smart antenna market during the forecast period. The basic function of smart antennas is to enable wireless communication in multiple bandwidths, which can adapt or adjust its beam pattern according to the desired criterion. Constant advances in technologies and upgrades are challenging the growth of smart antenna manufacturers. Smart antenna manufacturers and OEMs need to design antennas that are viable to all kinds of technological changes. Smart antennas need to undergo constant upgrading to establish contact with satellite networks. Therefore, it is a challenge for OEMs to manufacture antennas that are compatible with constant technological changes. Therefore, frequent technological changes and advances will hinder the growth of the global smart antenna market.

This smart antenna market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Smart Antenna Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • ADTRAN Inc.
  • Airgain Inc.
  • AirNet Communications Corp.
  • CalAmp Corp.
  • Chengdu Airui Wireless Technology Co. Ltd.
  • Cobham Plc
  • Intel Corp.
  • Motorola Solutions Inc.
  • Samsung Electronics Co. Ltd.
  • Sierra Wireless Inc.

 

This statistical study of the smart antenna market encompasses successful business strategies deployed by the key vendors. The smart antenna market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The smart antenna market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Smart Antenna Market?

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41% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for smart antennas in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The number of Internet users in the region has increased significantly. This will facilitate the smart antenna market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Application Segments in the Smart Antenna Market?

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The smart antenna market share growth by the technological applications segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the smart antenna market size and actionable market insights on post COVID-19 impact on each segment.

 

Smart Antenna Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 11.98%

Market growth 2022-2026

$ 6.63 billion

Market structure

Fragmented

YoY growth (%)

11.08

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 41%

Key consumer countries

US, China, Japan, Germany, and India

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

ADTRAN Inc., Airgain Inc., AirNet Communications Corp., CalAmp Corp., Chengdu Airui Wireless Technology Co. Ltd., Cobham Plc, Intel Corp., Motorola Solutions Inc., Samsung Electronics Co. Ltd., and Sierra Wireless Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Smart Antenna Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive smart antenna market growth during the next five years
  • Precise estimation of the smart antenna market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the smart antenna industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of smart antenna market vendors

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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Technological applications - Market size and forecast 2021-2026
  • Cellular applications - Market size and forecast 2021-2026
  • Market opportunity by Application

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2021-2026
  • North America - Market size and forecast 2021-2026
  • Europe - Market size and forecast 2021-2026
  • South America - Market size and forecast 2021-2026
  • MEA - Market size and forecast 2021-2026
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ADTRAN Inc.
  • Airgain Inc.
  • AirNet Communications Corp.
  • CalAmp Corp.
  • Chengdu Airui Wireless Technology Co. Ltd.
  • Cobham Plc
  • Intel Corp.
  • Motorola Solutions Inc.
  • Samsung Electronics Co. Ltd.
  • Sierra Wireless Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The smart antenna market growth will increase by $6635.13 million during 2021-2026.
The smart antenna market is expected to grow at a CAGR of 11.98% during 2021-2026.
Technavio has segmented the smart antenna market by application (Technological applications and Cellular applications) and geographic (APAC, North America, Europe, South America, and MEA).
ADTRAN Inc., Airgain Inc., AirNet Communications Corp., CalAmp Corp., Chengdu Airui Wireless Technology Co. Ltd., Cobham Plc, Intel Corp., Motorola Solutions Inc., Samsung Electronics Co. Ltd., Sierra Wireless Inc. are a few of the key vendors in the smart antenna market.
APAC will register the highest growth rate of 41.24% among the other regions. Therefore, the smart antenna market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • Japan
  • Germany
  • India
The key factors driving the smart antenna market growth are:
  • Increasing demand for smart devices
The smart antenna market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
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