The Mobile Communication Antenna Market is being driven by Increasing demand for smart devices
The Mobile Communication Antenna Market is expected to grow at a CAGR of 4.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1959.4 million. In the context of smart cities, mobile communication antennas play a pivotal role in enabling seamless and high-speed connectivity for various applications. As urban areas transition towards becoming smart cities, the integration of information technology and communication devices becomes essential for creating a harmonized ecosystem. To achieve this, market participants are collaborating to develop interoperable products and services, including smart grids, meters, traffic management systems, lighting, and network infrastructure. A key component of this infrastructure is mobile communication antennas, which ensure reliable and efficient connectivity for smart city applications, thereby driving market growth.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
223 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.4% |
Market growth 2025-2029 |
USD 1959.4 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
4.2 |
Key countries |
US, China, Japan, India, South Korea, Canada, UK, Germany, Australia, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The mobile communication antenna market encompasses wireless antennas used in various industries, including the smartphone industry, for deploying high-speed internet services. Market participants include USA-based electronics businesses, focusing on the electronic systems segment, such as iCDL. The 5G network, industrial automation, commercial wide-body aircraft, and telecom infrastructure are significant sectors driving demand. Geosynchronous and non-geosynchronous satellite systems also utilize wireless antennas for data links, persistent surveillance capabilities, electronic warfare systems, electro-optical sensors, flight controls, and data transmission.
The wireless antenna market is a significant segment of the global communications equipment market, which encompasses manufacturers of telecom infrastructure, including antennas for mobile communication. This market is propelled by the burgeoning smartphone industry and the increasing demand for high-speed internet services among consumers. Market participants are investing heavily in network infrastructure deployment to cater to this demand. Telecom service providers are also investing in improving their network infrastructure to offer superior services and maintain a competitive edge. The global communications equipment market is projected to grow substantially due to the expansion of data centers by hyperscalers and the subsequent need for advanced telecom infrastructure. This growth is driven by the increasing income of consumers and the resulting surge in data usage.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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