Le Lézard
Classified in: Science and technology, Covid-19 virus
Subject: SVY

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


Adoption of 5G network technology, technical advantages, and ease in deployment drive the growth of the global massive MIMO market.

PORTLAND, Ore., Oct. 20, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, "Massive MIMO Market By Technology (LTE Advance, LTE Advance Pro, and 5G), Array Type (16T16R, 32T32R, 64T64R, and Others), and Spectrum (TDD and FDD): Global Opportunity Analysis and Industry Forecast, 2020?2027." According to the report, the global massive MIMO industry generated $1.09 billion in 2019, and is expected to garner $15.79 billion by 2027, registering a CAGR of 35.3% from 2020 to 2027.

Allied Market Research Logo

Drivers, Restraints, and Opportunities

Adoption of 5G network technology, technical advantages, and ease in deployment drive the growth of the global massive MIMO market. However, scarcity of TDD spectrums across the world hinders the market growth. On the other hand, development of indoor Massive MIMO would present new opportunities in the coming years.

Download Sample Report (Get Full Insights in PDF - 272 Pages) @ https://www.alliedmarketresearch.com/request-sample/7560

Covid-19 Scenario

The LTE Advance Pro Segment to Maintain Its Leadership Status throughout the Forecast Period

Based on technology, the LTE Advance Pro segment accounted for the highest market share in 2019, accounting for nearly half of the global massive MIMO market, and is expected to maintain its leadership status throughout the forecast period. This is attributed to demand for increased bandwidth and high speed of connectivity. However, the 5G segment is estimated to portray the largest CAGR of 44.6% from 2020 to 2027, owing to increase in demand for high bandwidth and incorporation of 5G capabilities in electronic devices.

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.

Interested to Procure the Data? Inquire Here @ https://www.alliedmarketresearch.com/purchase-enquiry/7560

Leading Market Players

Access AVENUE - A Subscription-Based Library (Premium On-Demand, Subscription-Based Pricing Model) @ https://www.alliedmarketresearch.com/library-access

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Avenue Library Subscription | Request For 14 Days Free Trial of Before Buying:

https://www.alliedmarketresearch.com/avenue/trial/starter

Similar Reports:

Single Board Computer Market Anticipated to Grow $3.80 Billion By 2027

Graphene Battery Market Expected to Reach $398.6 Million By 2027

Electronic Shelf Label Market Estimated to Attain $2.40 Billion By 2027

LiDAR Market Expected to Garner $2.90 Billion By 2027

5G Infrastructure Market Estimated to Grow $58.17 Billion By 2025

Power Bank Market Anticipated to Reach $22.34 Billion By 2027

Pre-Book Now with 10% Discount:

Control Cable Market: Global Opportunity Analysis and Industry Forecast 2020-2027

Industrial Radiography Market: Global Opportunity Analysis and Industry Forecast 2020-2027

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 
1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected] 
Web: https://www.alliedmarketresearch.com 
Follow Us on LinkedIn and Twitter

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

 


These press releases may also interest you

at 04:00
Halfpricesoft.com offers a seamless and secure solution for in-house payroll processing with the l atest 2024 ezPaycheck YTD feature for those switching to the program, mid-year. The application is also combine d with features that have long...

at 04:00
U Power Limited (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that the Company held an extraordinary general meeting of...

at 04:00
"The tourism data for Milan in 2023 reached an all-time high, and it's a success we must share among many stakeholders, both public and private, including the dense network of accommodation facilities in the city. We need virtuous examples like Hotel...

at 03:59
Timekettle, a fast-growing cross-language communication solutions innovator, has successfully wrapped up its #SpringTravelWithTimekettle campaign on Instagram. Running from March 18 to 24, Timekettle encouraged global travelers to share their...

at 03:52
The progressive decrease in hearing in elderly people can represent a major problem for their quality of life: it has in fact been demonstrated that critical issues such as these, in addition to being a problem as such, can...

at 03:44
Bitrue, a leading cryptocurrency exchange serving over 10 million users globally, announces a focus on user behavior analysis to further develop the utility of its native token, Bitrue Coin (BTR). "Understanding how our users interact with BTR is...



News published on and distributed by: