Global Massive MIMO Market Analysis Report 2023-2030: Massive MIMO Finds Immense Use in Mobile Communications Market for Software Implementation
DUBLIN, Oct. 25, 2023 /PRNewswire/ — The “Massive MIMO – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Massive MIMO Market to Reach $77.1 Billion by 2030
The global market for Massive MIMO estimated at US$2.8 Billion in the year 2022, is projected to reach a revised size of US$77.1 Billion by 2030, growing at a CAGR of 51.5% over the analysis period 2022-2030.
The global wireless communication market is experiencing significant growth, with a strong focus on technologies such as LTE Advanced and 5G. According to a comprehensive report, LTE Advanced is projected to achieve a remarkable 41.3% Compound Annual Growth Rate (CAGR) and reach US$25.2 Billion, while the LTE Advanced Pro segment is estimated to grow at an impressive 52% CAGR over the next eight years.
The report offers a comprehensive analysis of the wireless communication market, covering a wide range of technologies, geographic regions, spectrum bands, and antenna configurations. Key technologies such as Massive MIMO, LTE Advanced, LTE Advanced Pro, and 5G are explored, along with various spectrum bands and antenna configurations ranging from 8T8R to 128T128R and above.
In the United States, the Massive MIMO market is estimated at US$808.2 Million in 2022. Meanwhile, China, the world’s second-largest economy, is forecasted to reach a market size of US$22.2 Billion by 2030, with a remarkable CAGR of 61.7% during the analysis period from 2022 to 2030.
The report provides data from 2020 to 2030, offering valuable insights into sales, revenues, and percentage breakdowns by region. These tables serve as essential resources for understanding the current trends and future prospects of wireless communication technologies on a global scale.
Other noteworthy geographic markets include Japan and Canada, with growth forecasts of 21.3% and 28.4%, respectively, over the 2022-2030 period. In Europe, Germany is expected to grow at an approximate CAGR of 27%.
For industry professionals and stakeholders, this report is an indispensable tool to gain in-depth insights into the performance and trajectory of key players in the wireless communication market. Notable companies such as Samsung Group, Huawei Technologies, and Qualcomm, among others, are examined in detail.
What`s New?
Special discussions on the global economic climate and market sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and trademarked research platformComplimentary updates for one yearAccess to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
MARKET OVERVIEW
Influencer Market InsightsWorld Market TrajectoriesTelecommunications Industry Faces Pressure Amidst the COVID-19 OutbreakTelecom Sector: A Critical Support System for COVID-19 Crisis ManagementCOVID-19 Crisis Adversely Impacts Evolution of 5GDemand for 5G Smartphones Likely to be Muted in 2020Growing Focus on Connectivity Spells Bright Long-term Future for the Telecom SectorPandemic Crisis Weakens Economic Environment, Triggering Negative Tide in GDPWorld Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021An Introduction to Massive MIMOPros and Cons of Massive MIMOMassive Increase in Data Consumption Propels Global Massive MIMO MarketMassive MIMO to Make Considerable Gains in 5G EraCompetitionNumber of Massive MIMO Products offered by Major VendorsA Glance at Select InnovationsWorld BrandsRecent Market ActivityMassive MIMO – Global Key Competitors Percentage Market Share in 2022 (E)Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
MARKET TRENDS & DRIVERS
Attributes such as High Signal to Noise Ratio and Link Reliability Make Massive MIMO a Preferred TechnologySurge in Need for High Speed Internet and Growth in Data Volumes on Portable Devices Favor Massive MIMO Market GrowthBreakdown of Network Latency (in Milliseconds) by Network TypeRise in Proliferation of Smartphones and Surging Demand for High-Speed Data Communications Present Growth PotentialBase Station Antennas Play Vital Role for Mobile Telecommunication CompaniesMassive MIMO Finds Immense Use in Mobile Communications Market for Software Implementation: A Growth IndicatorGlobal Wireless Data Communication Market: Revenues in US$ Billion for the Years 2018, 2020, 2022 and 2024Disruptive Popularity of 802.11ac Wave 2 Turbocharges Growth in Massive MIMO MarketMassive MIMO: Boon for Next-Generation Mobile NetworksAdvancements in 4G LTE & 4.5G Data Models Drives Rapid Demand for Massive MIMOGlobal 4G LTE Market Size (in US$ Billion) for the Years 2018, 2020, 2022 & 2024Global Number of Mobile 4G LTE Subscriptions (in Million) for 2017, 2019, 2021, 2023 & 2025Transition towards High Speed 5G Networks to Spur Massive MIMO ImplementationsGlobal Smartphone Subscription Breakdown by Technology: 2019 and 20255G Smartphone Sales in Million Units: 2019-2022mmWave Band for 5G NetworkUse of 5G Chipsets for mmWaveAll-Programmable RFSoCs to Deal with System ComplexityKey Deployment Challenges for Massive MIMO in 5G NetworksUsage of Massive MIMO in High Throughput and Long Range Applications Continues to IncreaseBeamforming and Massive MIMO: The Foundation of Signal Processing in 5G NetworksCombined Capabilities of mmWave Bands and Massive MIMO Offer Significant Potential for Next Gen Wireless Communication SystemsGrowing Pressure on Wireless Networks Enhances Importance of Advanced Base Station AntennasFDD Solutions Vital for Enabling Massive MIMOKey Research Areas in Massive MIMO Technology SpaceMajor Challenges Confronting Massive MIMO MarketMassive MIMO Brings More ComplexityNeed for Accurate Channel Modeling to Understand ComplexityNeed for New Modeling TechniquesOperators Eye Hybrid Approach to Overcome Concerns Typical to Massive MIMO
FOCUS ON SELECT PLAYERS (Total 35 Featured)
Samsung GroupHuawei Technologies Co., Ltd.AT&T, Inc.Nokia CorporationQualcomm, Inc.Xilinx, Inc.CommScope, Inc.Sunrise Communications AGComba Telecom Systems Holdings Ltd.Panorama Antennas Ltd.Parallel Wireless, Inc.Galtronics Corporation
For more information about this report visit https://www.researchandmarkets.com/r/4v54o1
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