Market Highlights
The massive MIMO market witnesses a steady growth. The market
growth attributes to the growing adoption of Massive MIMO (multiple inputs
multiple outputs) to push the technological and environmental limits of
incumbent 5G distributed digital equipment. Besides, the rising implementations
of new and improved software in communication networks to increase the data
transfer speed and efficient network connectivity drive the market
growth.
The increase in the transmission of data from one end to
another is growing as the ownership of smartphones is increasing. The
smartphones have several applications to upload and download videos, photos,
and other information. A large amount of data is transmitted with high speed at
given time hence the massive MIMO is utilized to increase the rate of data
transmission and reduce the latency. The factor that drives the adoption of
Massive MIMO is reduced noise ratio of high signal by providing link
reliability which further drives the market.
Key Players
Eminent players profiled in the Global
Massive MIMO Market report include Nokia Corporation (Finland),
Ericsson (Sweden), Huawei Technologies Co., Ltd. (China), ZTE (China), Verizon
(US), Sprint Corporation (US), Bharti Airtel Limited (India), China Mobile
Limited (China), and Deutsche Telekom AG (Germany) and among others.
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BYOD Trend to Offer Robust Opportunities
The trend to bring your own device (BYOD) to office has
demanded high speed interest that in turn will offer robust opportunities for
the market in the forecast period.
Lack of Standardization to act as Market
Restraint
The lack of standardization of spectrum allocation may act as
a market restraint over the forecast period.
Complexity in Signal Processing to act as Market
Challenge
The complexity in signal processing for a large number of
antennas may act as a market challenge over the forecast period.
COVID-19 Analysis
Following the pandemic, there has been a steep rise in the
remote working system trend that has propelled towards the increasing adoption
of 5G technology. This has positively impacted the global MIMO market growth
over the forecast period. Besides, the technology entails minimized manpower
that also boosts market growth.
Market Segmentation
By technology, the LTE advanced technology segment will lead
the market over the forecast period as this technology helps in resolving
bandwidth issues that occur chiefly on account of the presence of countless
users on a single carrier service.
By application, the 64T64R segment will dominate the market
over the forecast period as most companies use this form of antenna in their
testing and deployment.
By spectrum, the TDD segment will spearhead the market over
the forecast period for the high data rates as well as huge capacity for HD
voice and data. Besides, TDD lowers the cost per bit of the operator with
better customer experience.
Regional Analysis
APAC to Command Massive MIMO Market
The Asia Pacific region will command the market over the
forecast period. Rapid advances in technology, several telecom companies
investing in the development of massive MIMO, increasing number of smartphone
users, increased use of the internet for data sharing, various forms of
applications using the internet for communication and information, increasing
adoption to increase the stability of communication, managing the data traffic,
and increasing transmission and reception speed, the presence of Chinese
unicorns, rapid advances in technologies, heavy investments, large population
base, high demand for 5G network, increasing government mandates, and growing
information technology infrastructure like 5G or 4G LTE and communication are
adding to the global massive MIMO market growth in the region.
Industry Updates
Nokia has shipped massive MIMO 5G radios. The 5G radios
featuring its more energy efficient and less expensive system on a chip (SoC)
is now commercially available.
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