DUBLIN--(BUSINESS WIRE)--The "Massive MIMO Market by Technology (LTE Advanced, LTE Advanced Pro, 5G), Spectrum (TDD, FDD), Type of Antennas (8T8R, 16T16R & 32T32R, 64T64R, 128T128R & Above), and Geography (North America, Europe, Asia Pacific, Row) - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
The massive MIMO market is expected to be 1.29 Billion in 2018 and is projected to reach USD 20.91 Billion by 2026, at a CAGR of 41.6% between 2018 and 2026.
The key factor driving the growth of the massive MIMO market is the rising importance of software implementation in a communication network, high signal to noise ratio, and link reliability. However, delay in the standardization of spectrum allocation is restraining the growth of the market.
The 5G segment is expected to witness the fastest growth from 2020-2026. With future 5G deployments, massive MIMO is expected to enable new high-frequency bands that suffer high propagation path losses to deliver similar coverage as low frequencies. 5G is expected to offer significant gains to accommodate more users at higher data rates with better reliability while consuming less power.
The 64T64R type of antennas segment is expected to grow at the highest CAGR between 2018 and 2026. Most companies in the massive MIMO market use the 64T64R antenna in their testing and deployment, which is the major factor for the large market size of the 64T64R segment. Several key companies such as Sprint use 64T64R antennas to increase the capacity of the massive MIMO.
The massive MIMO market in APAC is expected to grow at the highest CAGR during the forecast period. The presence of leading massive MIMO vendors such as Huawei, ZTE, China Mobile, Samsung, and China Unicom is a key factor driving the massive MIMO market in Asia Pacific. Furthermore, Japan, China, and India play a significant role in the massive MIMO market and have the maximum 4G LTE penetration rate.
Key players operating in the massive MIMO market include Xilinx (US), Intel (US), Lattice Semiconductor (US), Microsemi (US), TSMC (Taiwan), Microchip Technology (US), United Microelectronics (Taiwan), QuickLogic (US), GLOBALFOUNDRIES(US), Achronix (US), and S2C Inc. (US).
- Need for a Large Amount of Data at High Speed at a Given Time
- Increasing Importance of Software Implementation in Communication Network
- High Signal to Noise Ratio and Link Reliability
- Lack of Standardization of Spectrum Allocation
- Growing Requirement for High Throughput and Long-Range Applications
- Rapid Advancements in 4G LTE & 4.5G Data Models
- Complex Set-Up and Requirement for Rich Diversity of Signal Paths Between Transmitter and Receiver
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Global Massive MIMO Market, By Technology
7 Global Massive MIMO Market, By Type of Antennas
8 Global Massive MIMO Market, By Spectrum
9 Geographic Analysis
10 Competitive Landscape
11 Company Profiles
- China Mobile
- China Unicom
- Deutsche Telekom
- Reliance Jio
- Verizon Communications
For more information about this report visit https://www.researchandmarkets.com/research/ts5rkz/global_massive?w=4