Massive MIMO Market Expected to Reach $15.79 Billion, Globally, By 2027 at 35.3% CAGR

Allied Market Research - Seite 2

The TDD Segment to Maintain Its Lead Position during the Forecast Period

Based on spectrum, the TDD segment contributed to the highest share of the market, holding more than four-fifths of the global massive MIMO market in 2019, and is projected to maintain its lead position during the forecast period. This is due to its preference for most of the antennas as it utilizes single frequency band for both, transmission and receiving. However, the FDD segment is expected to witness at the highest CAGR of 43.7% from 2020 to 2027. This is attributed to development of systems that support FDD spectrum.

North America to Maintain Its Dominance By 2027

Based on region, North America held the largest market share in terms of revenue with more than one-third of the global massive MIMO market in 2019, and is expected to maintain its dominance by 2027. This is attributed to early adoption of newer and emerging technologies by developed countries such as the U.S. and Canada. However, Asia-Pacific is expected to manifest the fastest CAGR of 42.8% during the forecast period. This is due to large population base and high demand for 5G network in the region.

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Leading Market Players

• Ericsson
• Huawei
• Nokia
• Samsung
• ZTE
• Verizon
• Sprint
• China Mobile
• Airtel
• Deutsche Telekom

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