Global 5G Antenna Market Size, Share, Opportunities, And Trends By Type (Switched Multi-beam Antenna, Adaptive Array Antenna), By Technology (SIMO, MISO, MIMO), By Application (Mobile Phones, Connected Vehicles, Industry Automation, IoT, Others), And By Geography - Forecasts From 2023 To 2028

The global 5G Antenna market is expected to grow at a CAGR of 35.56% during the forecast period.

GROWTH DRIVERS

• RISING DEMAND FOR HIGH-SPEED DATA TRANSFER AND WIRELESS COMMUNICATION

Total number of Internet users, in Billion

The 4G and 5G technologies have played a major role in boosting the global telecommunication sector. For instance, the market for 5G antennas is anticipated to expand quickly due to the rising need for wireless communication and high-speed data transit. According to the International Telecommunication Union (ITU), Internet users have risen from 4.2 billion in 2019 to 5.3 billion in 2022, indicating a growing demand for enhanced network connectivity and performance. Since 5G antennas offer quicker data processing, better bandwidth, lower latency, and improved reliability compared to 4G/LTE antennas, the 5G antenna market is anticipated to profit from this trend. Additionally, 5G antennas have several uses in a variety of industries, including mobile communication, intelligent transportation, industrial IoT, smart cities, military & defense, and others.

EMERGING OPPORTUNITIES IN THE GLOBAL 5G ANTENNA MARKET

• MOBILE PHONES AND IOT

The 5G antenna market is segmented by application into mobile phones, connected devices, industry automation, IoT, and others. These applications require high-speed data transmission, low latency, and reliable connectivity, which can be enabled by 5G antennas. The mobile phones and connected devices segments are anticipated to grow due to the need for ultra-low latency, high bandwidth, and secure data transmission, which can be enabled by 5G antennas. The IoT segment is expected to grow significantly due to the increasing adoption of IoT devices in various sectors, such as healthcare, manufacturing, entertainment, and transportation. The industry automation segment is also anticipated to grow significantly due to the rising need for smart factories, industrial IoT, and digital transformation.

• RISING NUMBER OF LAUNCHES OF 5G DEVICES GLOBALLY, IN NUMBERS

Internet penetration has grown over the past few years. The demand for high-speed and wireless connectivity and 5G devices has been rising over recent years due to the change in consumer and telecom operators’ preferences. This has the potential to increase the growth of the 5G antenna market.

For instance, according to the report “5G-Market Snapshot May 2023” released by the Global Mobile Suppliers Association (GSA), it has found 1,896 announced 5G phones, a more than 50% increase from 1,257 at the start of 2022. The GSA's announcement of 5G phones demonstrates a growing market demand for 5G services and apps, which can help the 5G antenna industry. This will help the 5G antenna market because more 5G phones mean more demand for 5G antennas, essential components enabling 5G connectivity and performance. 5G antennas are designed to operate at higher frequencies and support multiple-input multiple-output (MIMO) and beamforming technologies, improving network capacity and coverage. Therefore, as more consumers adopt 5G phones and services, the 5G antenna market will benefit from the increased demand and revenue opportunities.

• In February 2023, Parsec Technologies, a top producer of wireless antennas and accessories based in Texas, USA, unveiled another Great Pyrenees antenna. Parsec’s Great Pyrenees antenna is the first-to-market antenna with high-performance and dependability antennas that dominate the industry. The Great Pyrenees antenna from Parsec is a low-profile antenna that can be configured with up to eight (8) 5G cellular elements, four (4) Wi-Fi elements, GPS, and Bluetooth for mobile or fixed wireless connectivity.
• In August 2021, Cradlepoint announced the launch of the Cradlepoint 170801-000 LTE Antenna. This easy-to-install, low-cost paddle antenna supports a variety of cellular bands and can be connected straight to the router. It has a gain of two to three dB3 and a range of 600 MHz to 6 GHz. It works with various Cradlepoint mobile routers, including the E100, E3000, E300, and R920 series.

GEOGRAPHICAL PRESENCE

The global 5G antenna market consists of some major countries undertaking steps to make their infrastructure robust. Americas is expected to witness a high CAGR during the forecasted period. In addition, some major countries include the USA, Japan, South Korea, China, the United Kingdom, and Germany. The nations have undertaken various initiatives and have been complementing the overall market growth. For instance,

• In April 2023, in the United Kingdom, Ericsson announced that it is collaborating with Dell to supply Dell PowerEdge servers for its Cloud RAN service. With telco-grade performance at the far edge, the Ericsson and Dell partnership will enable open cloud networks that let customers select their equipment. This has the potential to minimize the cost and complexity of constructing and maintaining 5G antennas while also improving network speed and reliability.
• In June 2021, in Finland, Nokia introduced its newest AirScale 5G portfolio, powered by ReefShark technology. Nokia's new, market-leading 5G portfolio includes baseband, radio, and large MIMO antennas with enormous 5G capacity, coverage, and deployment simplicity.

MAJOR PLAYERS IN THE MARKET

Some of the leading players in the market include Ericsson, Mitsubishi Electric Corporation, Huawei Technologies, and Qualcomm Technologies, among others. The product offerings of the major corporation include the following:

5G Antenna Market Scope:

SEGMENTATION

The global 5G antenna market has been analyzed through the following segments:

• By Type
  • Switched Multi-beam Antenna.
  • Adaptive Array Antenna
• By Technology
  • SIMO
  • MISO
  • MIMO
• By Application
  • Mobile Phones
  • Connected Vehicles
  • Industry Automation
  • IoT
  • Others
• By Geography
  • Americas
    • USA
    • Others
  • EMEA
    • Germany
    • UK
    • Others
  • APAC
    • China
    • Japan
    • South Korea
    • Others