Global Wireless Antenna Market - Drivers and Forecasts

Reading time ( words)

Technavio analysts forecast the global wireless antenna market to grow at a CAGR of over 8% during the forecast period, according to their latest report.

The research study covers the present scenario and growth prospects of the global wireless antenna market for 2017-2021. To calculate the market size, Technavio analysts consider the revenue generated from the implementation of software-defined storage solutions among enterprises worldwide.

Extended coverage, increased transmission bandwidth, and reduced multi-path fading are the unique characteristics of wireless antennae. The increased use of wireless communication technologies, smartphones, and GPS devices will have a positive impact on the global wireless antenna market during the forecast period. Wireless antennae are one of the most promising technologies, owing to their enhanced spectrum efficiency.

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Emergence of connectivity in vehicles

The adoption of wireless connectivity in vehicles is increasing across the globe. Wireless connectivity enables the users to communicate with the external world even while driving. It also enhances other features like navigation and infotainment. In addition, it improves the safety standards of the vehicles and increases the driving pleasure of the driver.

Rohan Joy Thomas, a lead M2M and connected devices research analyst at Technavio, says, “One of the components that is essential for the adoption of a wireless network in an autonomous vehicle is a wireless antenna. Hence, OEMs are constantly improvising on the existing technologies to increase the overall efficiency and safety of the vehicles, which can boost the demand for wireless antennae. The adoption of advanced technologies, such as ADAS, is expected to steer the growth of the global wireless antenna market.”

Rapid increase in data traffic

Devices such as mobile devices, desktops, laptops, and other consumer electronics devices are contributing to the increase in data consumption, which is hugely dependent on wireless infrastructure. The volume of the data being consumed is increasing at an exponential rate through applications such as e-mails, browsing, videos, and streaming video content.

“Rising data volumes have increased the use of the Internet across the globe. This has necessitated Internet-enabled devices to have antennae to capture higher bandwidths. A number of wireless technologies, such as 4G, have been developed to ensure easy Internet access. All these factors are expected to trigger the growth of the global wireless antenna market during the forecast period,” adds Rohan.

IoT driving the growth of wireless computing devices

The IoT market is one of the fastest-growing markets in the world. By 2020, it is estimated that there will be about 30 billion connected devices in the world. Since one of the major applications of IoT is to collect and transmit data (using sensors from the wireless computing devices to a location on a real-time basis), the growing demand for IoT will fuel the growth of the global wireless antenna market.

The efficiency of an IoT system is dependent on the wireless infrastructure of the environment in which it operates. It is important that the signals being transmitted must not be distorted and must reach the desired point of contact within the stipulated time.

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


Suggested Items

Flights Show Promising Technologies from Industry and Academic Partnerships

02/06/2018 | NASA
The technologies ranged from proposed new space suits to cryogenic propellant research, with implications for future NASA space missions as well as other research efforts.

Ocean of Things Aims to Expand Maritime Awareness across Open Seas

12/12/2017 | DARPA
The internet of things connects an ever-growing number of smart devices for up-to-the-minute monitoring and tracking of many common events. Head out to most parts of the open ocean, however, and no such capability exists for real-time monitoring of maritime activity.

DARPA’s Drive to Keep the Microelectronics Revolution at Full Speed Builds Its Own Momentum

08/28/2017 | DARPA
To perpetuate the pace of innovation and progress in microelectronics technology over the past half-century, it will take an enormous village rife with innovators. This week, about 100 of those innovators throughout the broader technology ecosystem, including participants from the military, commercial, and academic sectors, gathered at DARPA headquarters at the kickoff meeting for the Agency’s new CHIPS program, known in long form as the Common Heterogeneous Integration and Intellectual Property (IP) Reuse Strategies program.

Copyright © 2018 I-Connect007. All rights reserved.