Smart Antenna Market: Opportunity Analysis and Industry Forecast upto 2023
A smart antenna is a multi-element antenna in which the signals that are received at each antenna element are combined and managed intelligently in order to improve the performance of the wireless system. These antennas are capable of increasing the signal range, suppressing interfering signals, combating signal fading and as a consequence increasing the capacity of a wireless system. The global smart antenna market is primarily driven by factors such as increasing demand for smart antennas in wireless communication and increasing application of smart antennas in smart phones. Moreover, growing need for faster data transmission in modern communication systems with high speed downloading, optimized evolution data and web browsing has forced companies to increase the efficiency of wireless transmission this is positively impacting the growth of the global market. Considering these positive factors, the demand for smart antenna is set to rise during the forecast period from 2015 - 2023. Obtain Report Details @ http://www.transparencymarketresearch.com/smart-antenna.html Based on technology, the global smart antenna market can be segmented into three segments, namely, SIMO (Single Input Multiple Output), MIMO (Multiple Input Multiple Output) and MISO (Multiple Input Single Output). MIMO (Multiple Input Multiple Output) garnered the maximum revenue in 2014. The major functions of MIMO can be divided into three main categories, namely: pre-coding, spatial multiplexing and diversity coding. In addition, MIMO has the dual capability of both SIMO and MISO technologies. Due to this, MIMO technology has a significant advantage of increased capacity, when compared to its SISO and MISO counterpart. This is the reason why this technology is becoming ubiquitous in all wireless communication systems, in the form of Massive MIMO and Cooperative MIMO. By types market is classified into switched multi beam antenna and adaptive array antenna. Adaptive array antenna dominated the market in 2014 and accounted for a substantial share of