The Distributed Antenna Market Size was valued at USD 9.37 Billion in 2022. The Distributed Antenna industry is projected to grow from USD 10.04 Billion in 2023 to USD 14.69 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.78% during the forecast period (2023 - 2030). The need for broader cell coverage and reinforcing the signal reception of cellular operators is estimated to boost the distributed antenna system market share in the forecast period. The focus of operators to remove the dead spots in connectivity is estimated to further enhance the distributed antenna system market size in the upcoming forecast period.
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Detailed Regional Analysis
The regional investigation of the distributed antenna system market includes North America, Europe, Asia Pacific and other important regions in the world. The North American region is governing the distributed antenna market owing to the developing demand for smartphones users and progressing IoT technology. The incidence of international companies is providing a good advantage to the U.S. and Canada, along with the mounting IT industry in these nations will drive the market of distributed antennas in the North American region. The nations of the US, Canada, and Mexico are likely to be main suppliers to the market growth. The Asia Pacific region is developing as a profitable market for the distributed antenna, mushrooming quickly. The mushrooming healthcare sector in the APAC countries of China and India are the important driving forces responsible for market development in the region. The European region is projected to reveal steady development in the market of the distributed antennas. The Mounting telecommunication and healthcare sectors are commanding the elevated implementation of the distributed antenna systems, thus nurturing the market evolution in the region.
Segmental Analysis
The segmental assessment of the distributed antenna system market comprises of technology, coverage, region and end-user. Based on the end-user, the distributed antenna system market is segmented into industrial, transportation, healthcare, public venue, education and others. Based on the technology, the distributed antenna system market is segmented into a small cell, carrier WIFI, and self-organized network. Based on the coverage, the distributed antenna system market is segmented into indoor and outdoor. On the basis of regions, the distributed antenna system market is segmented into North America, Europe, Asia Pacific and other important regions in the world.
Competitive Analysis
The contenders functioning in the market are predicted to take necessary steps to safeguard their commercial interests in the period ahead. The economic deceleration is projected to carry the continuation of the effects seen these days commonly. The transformation in the supply chain has to be strongly encouraged, so as to see positive effects with regards to market progress. The support from government bodies is estimated to promote further the long term expansion of the market in the upcoming period. The consumer trends that are of special concern to demand are predicted to take time to stabilize in the aftermath of the current global pandemic. The investments related to marketing and R & D are foreseen to be staggered seeing the current economic climate. However, the market is predicted to be hindered to an extent by the restrictions in international trade due to the pandemic. The global market is estimated to be piloted by the forces of supply and demand that have taken over control.
The key companies functioning in the distributed antenna market are CommScope, Inc. (U.S.), Corning, Inc. (U.S.), Comba Telecom Systems Holdings Ltd. (Hong Kong), Boingo Wireless, Inc. (U.S.), KTS, Inc. (U.S.), Cobham Wireless (U.K.), ATEK Communications, Inc. (U.S.), Verizon (U.S.), SOLiD, INC. (South Korea), and AT&T (U.S.).
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