MIMO stands for Multiple-Input Multiple-Output. It is a network over which more than one data signal can be transmitted and received over the same radio channel using separate antennas for sending and receiving each data signal. A Massive MIMO has several antennas, unlike the standard MIMO. This network multiple the capacity of the wireless connection without requiring more spectrums. A large number of antennas makes it possible to have a better performance in terms of data rate, improved resistance to interference, link reliability, and intentional jamming. This allows the network to expand by five to seven times on the same spectrum, making it possible for the customers to enjoy unified and super-fast data speeds. The global Massive MIMO Market is projected to grow at a CAGR of 41.6% during the forecast period.

Top Driver: Adoption of New and Optimized Software in Communication Networks

One of the prominent factors that drive the Massive MIMO market is the rise in the adoption of new and optimized software in communication networks to enhance the speed of data transfer with efficient network connectivity. The connectivity between devices such as mobile phones increases as the device ownership is increasing, therefore to reduce the traffic between the devices to share information and offer better network capacity, massive MIMO is broadly adopted across several sectors. Another factor that propelling the growth of the massive MIMO market is the high signal to noise ratio for efficient transmission of data and network connectivity.

TDD to Make Crucial Contribution to Growth of the Market

The TDD segment among the spectrum segment occupied a larger market shar in the forecast period. The other segments under spectrum include FDD and others. on the basis of technologies, the market is segmented into LTE Advanced, LTE Advanced Pro, 5G. on the basis of antennas the market is segmented into 8T8R, 16T16R & 32T32R, 64T64R, 128T128R & Above.

Rising Investments for Massive MIMO to Benefit North America Market

North American countries such as the US are predicted to maximize their spending on advanced technologies in future. There is a steep growth in the industry in the next coming years. This owes to the surge in the investment for the infrastructure and the better network connectivity, which is anticipated to help the market gain higher revenue shares in the next few years. Asia Pacific region is anticipated to gain second highest shares and the rapid growth due to the surge in the demand of higher connectivity range in the region, which would help the industry gain significant revenue in the next few years.

Players to Focus on Massive MIMO Market

The global market is expected to stay fragmented with the increase in the number of new entrants in the coming years. China Mobile Ltd., China Unicom (Hong Kong) Ltd., Comba Telecom Systems Holdings Ltd., CommScope, Inc., Deutsche Telekom AG, Ericsson AB, Huawei Technologies Co., Ltd., Kathrein SE, Nokia Corporation, Reliance Jio Infocomm Ltd., Samsung Electronics Co., Ltd., Singtel Optus Pty., Ltd., SmarTone Mobile Communications Limited, Sprint Corporation, and Telefonica SA among others could be at the forefront of the competition in the global market.

Reliance Jio Infocomm Limited: In 2018, Reliance Jio Infocomm Limited had deployed pre-5G Massive MIMO at IPL stadiums in India.  This massive MIMO helps in offering more than 5 times the capacity in a 30 MHz wide band spectrum and stadiums are connected with various wireless broadband solution. This is anticipated to gain higher shares in the next few years.

Sprint Spent: In June 2018, Sprint Spent $1B on Massive MIMO for Its 5G Network in Q2. It would deploy 5G by putting antennas in its towers that can handle massive MIMO transmissions. Those sites are supposed to increase network capacity up to 10 times that of regular 4G LTE. The company will then upgrade to 5G NR using software.

Scope of the Report

By Spectrum

• TDD
• FDD
• Others

By Technologies

• LTE Advanced
• LTE Advanced Pro
• 5G

By Antennas

• 8T8R
• 16T16R & 32T32R
• 64T64R
• 128T128R & Above

By Region

• North America
• Europe
• Asia Pacific
• SAMEA

Key Reasons to Purchase this Report

1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.