According to Fact.MR’s latest research, the Advanced Antenna System market is expected to grow gradually between 2021 and 2031. Increasing smart device usage and adoption, rising data traffic, advancements in technologies such as AI, 5G, and machine learning, as well as the demand for high-speed data transfers and devices that can transfer data efficiently together, all contribute to the business potential over the forecast period. Over the next ten years, the market for advanced antenna systems is expected to grow at an annual rate of 8%.
Key Segments
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By Application
- Public Venues & Safety
- Hospitality
- Airport & Transportation
- Healthcare
- Education Sector & Corporate Offices
- Industrial
- Other
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By Ownership
- Carrier Ownership
- Neutral-Host Ownership
- Enterprise Ownership
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By Technology
- Carrier Wi-Fi
- Small Cells
- Self-Organizing Network
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Who are the Key Manufacturers of Advanced Antenna System?
Some of leading manufacturers are
- CommScope Inc.
- Cobham Plc (Cobham Wireless)
- Corning Inc.
- TE Connectivity Ltd.
- Crown Castle International Corporation
- Boingo Wireless Inc
- Comba Telecom Systems Holding
The Impact of Covid-19 on the Global Advanced Antenna System Market
Covid-19 has had a significant impact on the global economy, particularly in the advanced antenna system business. The pandemic has thrown a wrench in the global supply chain and destroyed any chance of a business equilibrium.
In addition, Covid-19 has imposed a global lockdown due to an increasing high infection rate, which could result in significant adverse health issues among the large consumer base.
Global trade and manufacturing industries were muted across the globe, resulting in a significant drop in annual revenue. This has had a clear impact on the advanced antenna system business, as well as a negative impact on overall business growth.
