Rampant digitization has enabled efficient communication and connectivity across the globe. Smart antenna techniques are ideally used to bridge the gap between diverse communication channels while ensuring the security of two-way communication. Since the onset and adoption of technological and digital connectivity, the world seems to be more compressed and easily reachable.Major players in the smart antenna market are shoring up their research and development capabilities while exploring new industrial segments.
With this, the demand for encrypted and long-range transmission of data has scaled significantly. Economies are actively leveraging smart antennae, developed, and emerging alike. Broad-ranging application of smart antennas has enabled its application on many fronts, including mainstream end-use industries. Against this backdrop, the global smart antenna sector is set to witness robust growth throughout the forecast period.
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Soaring Adoption of Autonomous Vehicles to Aid Smart Antenna Market Growth
Of late, the world has been witnessing cutting-edge technological developments and the automotive sector is no exception. As the use of autonomous vehicles begins to scale, the need for wireless communication is likely to experience a substantial boost. This, coupled with the integration of intelligent algorithms, has presented the players in the smart antenna market with incremental opportunities. Notably, the use of smart antennas, in autonomous vehicles, provides short cable lengths and better cable routing that is capable of bringing down the net weight and costs of vehicles. With an aim to enable the efficient sending and receiving of huge volumes of data, reliable and robust network connections are being developed. Leveraging this technology, OEMs are satiating the demand for entertainment and connectivity perspectives through the provision of sophisticated technical architecture.
Penetration of Smartphone to Bode Well for Smart Antenna Market
The proliferation of technology has initiated a shift towards the large-scale penetration of smart devices. Smartphones, being portable and intelligent, have effectively replaced bulky consumer electronic devices. With the rising adoption of smart devices, the need for effective connectivity and optimal battery life has surged at a record pace. To boost network performance and ensure better connectivity, smart antennas are being widely used. Unlike conventional omnidirectional antennas that cause interference and power wastage, smart antennas are extremely viable and provide better connectivity. It detects the signal direction and redirects itself accordingly to gain optimum signal strength to avert drops in calls and improve battery life, propelling growth across the smart antenna market.
North America to Reign Supreme with Proliferated Use of Smartphone
During the forecast period, North America is set to hold a dominant position owing to the rising penetration of smartphones. Next-gen technological developments and well-established infrastructure are further contributing to market growth. Consumers are showing greater acceptance of technology. A strong economy, rising demands for 5G smart antenna, and a highly dense pool of major tech giants are other factors providing an impetus to the regional market. Such a landscape is assuring influential growth across the smart antenna market in North America,
Distinguished Market Players
A few of the major players in the smart antenna market include Sierra Wireless, Airgain Inc., Linx Technologies, Broadcom Limited, Intel Corporation, Qualcomm Technologies Inc., and Motorola Solutions Inc.
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