Global Wireless Antenna Market - Drivers and Forecasts
November 10, 2017 | Business WireEstimated reading time: 3 minutes
Technavio analysts forecast the global wireless antenna market to grow at a CAGR of over 8% during the forecast period, according to their latest report.
The research study covers the present scenario and growth prospects of the global wireless antenna market for 2017-2021. To calculate the market size, Technavio analysts consider the revenue generated from the implementation of software-defined storage solutions among enterprises worldwide.
Extended coverage, increased transmission bandwidth, and reduced multi-path fading are the unique characteristics of wireless antennae. The increased use of wireless communication technologies, smartphones, and GPS devices will have a positive impact on the global wireless antenna market during the forecast period. Wireless antennae are one of the most promising technologies, owing to their enhanced spectrum efficiency.
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Emergence of connectivity in vehicles
The adoption of wireless connectivity in vehicles is increasing across the globe. Wireless connectivity enables the users to communicate with the external world even while driving. It also enhances other features like navigation and infotainment. In addition, it improves the safety standards of the vehicles and increases the driving pleasure of the driver.
Rohan Joy Thomas, a lead M2M and connected devices research analyst at Technavio, says, “One of the components that is essential for the adoption of a wireless network in an autonomous vehicle is a wireless antenna. Hence, OEMs are constantly improvising on the existing technologies to increase the overall efficiency and safety of the vehicles, which can boost the demand for wireless antennae. The adoption of advanced technologies, such as ADAS, is expected to steer the growth of the global wireless antenna market.”
Rapid increase in data traffic
Devices such as mobile devices, desktops, laptops, and other consumer electronics devices are contributing to the increase in data consumption, which is hugely dependent on wireless infrastructure. The volume of the data being consumed is increasing at an exponential rate through applications such as e-mails, browsing, videos, and streaming video content.
“Rising data volumes have increased the use of the Internet across the globe. This has necessitated Internet-enabled devices to have antennae to capture higher bandwidths. A number of wireless technologies, such as 4G, have been developed to ensure easy Internet access. All these factors are expected to trigger the growth of the global wireless antenna market during the forecast period,” adds Rohan.
IoT driving the growth of wireless computing devices
The IoT market is one of the fastest-growing markets in the world. By 2020, it is estimated that there will be about 30 billion connected devices in the world. Since one of the major applications of IoT is to collect and transmit data (using sensors from the wireless computing devices to a location on a real-time basis), the growing demand for IoT will fuel the growth of the global wireless antenna market.
The efficiency of an IoT system is dependent on the wireless infrastructure of the environment in which it operates. It is important that the signals being transmitted must not be distorted and must reach the desired point of contact within the stipulated time.
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Suggested Items
SMT007 Magazine July—What’s Your Competitive Sweet Spot?
07/01/2025 | I-Connect007 Editorial TeamAre you in a niche that’s growing or shrinking? Is it time to reassess and refocus? We spotlight companies thriving by redefining or reinforcing their niche—what are their insights? In the July 2025 issue of SMT007 Magazine, we spotlight companies thriving by redefining or reinforcing their niche and offer insights to help you evaluate your own.
Global Dry Film Photoresist Market Set for Robust Growth with Expanding Semiconductor Ecosystem
06/24/2025 | PRNewswireIn 2024, the global market size of Dry Film Photoresist was estimated to be worth US$939 million and is forecast to reach approximately US$1191 million by 2031 with a CAGR of 3.5% during the forecast period 2025-2031.
The Big Picture: Our Big ‘Why’ in the Age of AI
06/25/2025 | Mehul Davé -- Column: The Big PictureWith advanced technology, Tesla, Google, Microsoft, and OpenAI can quickly transform life as we know it. Several notable artificial intelligence (AI) studies, including the 2024 McKinsey Global Survey on AI, have offered insights into AI’s adoption, impact, and trajectory. The McKinsey study revealed that AI adoption continues to grow, with 50% of respondents reporting using AI in at least one business area.
Roll-to-Roll Technologies for Flexible Devices Set to Grow at 11.5% CAGR
06/11/2025 | GlobeNewswireAccording to the latest study from BCC Research, the “Global Markets for Roll-to-Roll Technologies for Flexible Devices” is expected to reach $69.8 billion by the end of 2029 at a compound annual growth rate (CAGR) of 11.5% from 2024 to 2029.
PC AIB Shipments Follow Seasonality, Show Nominal Increase for Q4’24
06/06/2025 | JPRAccording to a new research report from the analyst firm Jon Peddie Research, the growth of the global PC-based graphics add-in board market reached 9.2 million units in Q1'25 and desktop PC CPUs shipments decreased to 17.8 million units.