ICT companies are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth. The report offers actionable and valuable market insights of Massive MIMO. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Massive MIMO Market across various industries and regions.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Massive MIMO market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Massive MIMO
This newly published and insightful report sheds light on Market Insights of Massive MIMO, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Massive MIMO Market.
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Major Segments Covered in Massive MIMO Industry Research
- By Spectrum
- FDD (Frequency Division Duplex)
- TDD (Time Division Duplex)
- By Application
- 5G
- WiMAX
- LTE advance pro
- Wi-Fi
- Others
- By End User
- Telecom Industry
- IT & Services
- Military
- Residential
- Aerospace Industry
- Enterprises
- Others
As per the research, historically, from 2016 to 2020, global massive MIMO market size experienced growth at 18% CAGR by value, wherein, the U.S., China, Japan, Germany, and U.K. held significant shares in the global market.
As mobile penetration is increasing, demand for high-speed Internet services is on the rise. In 2020, smartphone penetration increased almost 45% across the global population. The market is forecast to expand at a significant CAGR of 26.1% by value over the coming 10 years.
- The market saw a marginal downfall in the use of massive MIMO in 2020 due to COVID-19 lockdown protocols across the globe.
- Fact.MR estimates that massive MIMO revenue will soar 10X from 2021 to 2031, reaching nearly US$ 71 Bn by 2031.
- As per Fact. MR’s massive MIMO industry insights, global market revenue totaled US$ 6 Bn in 2020.
- Demand for massive MIMO in the IT & services sector is likely to accelerate at the highest pace.
- TDD spectrum type massive MIMO is expected to witness high demand, increasing at CAGR of 28% by value over the forecast period.
- The residential massive MIMO market is likely to increase its share by 31% by 2031.
Competitive Landscape
Majority companies discussed in the report have focused on expansion, investments, acquisitions, delivery focus, portfolio expansion, and brand development. Recent developments related to companies offering massive MIMO have been tracked by the team at Fact.MR, which are available in the detailed report.
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More Valuable Insights on Massive MIMO Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Massive MIMO, Sales and Demand of Massive MIMO, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
