How big is the smart antenna market?

The global smart antenna market size was estimated at USD 6.37 billion in 2021 and is expected to reach USD 6.91 billion in 2022.

What is the smart antenna market growth?

The global smart antenna market is expected to grow at a compound annual growth rate of 9.68% from 2022 to 2030 to reach USD 14.49 billion by 2030.

Which segment accounted for the largest smart antenna market share?

North America dominated the smart antenna market with a share of around 31.0% in 2021. This is attributable to the presence of high-quality wireless communication systems and a flourishing market for smartphones. The region has significantly contributed to the adoption of smart antennas due to the presence of strong players.

Who are the key players in the smart antenna market?

Some key players operating in the smart antenna market include Airgain Inc.; Broadcom Limited; Intel Corporation; Motorola Solutions, Inc.; Qualcomm Technologies, Inc.; Telstra; and Texas Instruments Inc.

What are the factors driving the smart antenna market?

Key factors that are driving the smart antenna market growth include the growing demand for wireless communication and the soaring need for high-speed communication networks.