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Massive MIMO Market Growth, Segmentation, Manufacturing, Trend Analysis and Forecasts 2023

The Massive MIMO Market was valued at USD 1.11 Billion in 2017 and is expected to reach 20.91 Billion by 2026, at a CAGR of 41.6% during the forecast period

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Massive MIMO Market Growth, Segmentation, Manufacturing, Trend Analysis and Forecasts 2023

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  1. Massive MIMO Market Growth, Segmentation, Manufacturing, Trend Analysis and Forecasts 2023 “The Massive MIMO Market was valued at USD 1.11 Billion in 2017 and is expected to reach 20.91 Billion by 2026, at a CAGR of 41.6% during the forecast period.” The Massive MIMO Market was valued at USD 1.11 Billion in 2017 and is expected to reach 20.91 Billion by 2026, at a CAGR of 41.6% during the forecast period. The growing demand for high data rate speed, low latency, easy synchronization with the previous generation technology, and consistent connectivity, among others, are the key factors driving the massive MIMO market. The base year considered for the study is 2017 and the forecast period considered is between 2018 and 2026. The objective of the report is to provide a detailed analysis of the massive MIMO market on the basis of spectrum, technology, type of antennas, and geography. The report provides detailed information regarding the major factors influencing the growth of this market. The research methodology used to estimate and forecast this market begins with capturing data on key vendor revenues through secondary research such as IEEE journals, CTIA, FCC, GSA, and newsletters from leading players. Vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the global massive MIMO market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with key officials such as CEOs, VPs, directors, and executives of the companies in the massive MIMO industry. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and to arrive at the exact statistics for all the segments and subsegments. The breakdown of the profiles of primaries has been depicted in the following figure. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=118973591

  2. On the basis of technology, LTE Advanced led the massive MIMO market in 2017. The LTE Advanced technology segment accounted for the largest share of the massive MIMO market in 2017. LTE Advanced supports carrier load and higher order MIMO techniques and also supports a data rate of 1 Gbps in the downlink and 500 Mbps in the uplink direction. Based on spectrum, the TDD segment is expected to lead the massive MIMO market during the forecast period. TDD provides greater capacity and lower cost per bit as compared to FDD. With high data rates and a huge capacity for data and HD voice, TDD significantly improves customer experience and lowers the operator’s cost per bit. TDD also provides spectrum flexibility. Based on type of antennas, the 128T128R & above segment is expected to grow at the highest CAGR between 2018 and 2026. The 128T128R & above segment includes 128T128R and 256T256R antenna types. The massive MIMO technology assures significant gains in both data rates and link reliability. Extra antennas help by focusing the transmission and reception of signal energy on smaller regions of space. This brings huge improvements in throughput and energy efficiency, particularly when combined with simultaneous scheduling of a large number of user terminals (tens or hundreds). Request Sample Copy of this Market Research @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=118973591 The massive MIMO market in APAC is expected to grow at the highest CAGR between 2018 and 2026. APAC is expected to be the fastest-growing massive MIMO market. Factors such as reduced latency, high data rate, along with inexpensive and low power components are expected to drive the massive MIMO market in Asia Pacific. Furthermore, Australia, Japan, China, South Korea, and Japan play a significant role in the LTE market and have the maximum 4G LTE penetration rate. This has led to an increased demand for massive MIMO in the telecommunication sector of the APAC. Some of the major players in the massive MIMO market include Nokia, Ericsson, Huawei, ZTE, Verizon, Sprint, Airtel, China Mobile, and Deutsche Telekom.

  3. About MarketsandMarkets MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 stomers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Contact: Mr. Shelly Singh MarketsandMarkets INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email:sales@marketsandmarkets.com

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