The Massive MIMO Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size for massive MIMO has significantly expanded in recent years. In 2024, the market was valued at $8.12 billion and it is projected to increase to $11.28 billion in 2025, growing at a compound annual growth rate (CAGR) of 38.9%.
The Massive MIMO Global Market is predicted to reach $39.25 billion by 2029, growing at a CAGR of 36.6%.
Download Your Free Sample of the 2025 Massive MIMO Market Report and Uncover Key Trends Now!The key drivers in the massive mimo market are:
• Expansion and rollout of 5G technology
• Growth of IoT and Industry 4.0
• The process of network densification
• Rising demand for enhanced mobile broadband
• Advances in network virtualization
The massive MIMO market covered in this report is segmented –
1) By Technology: LTE Advanced, LTE Advanced Pro, 5G
2) By Type Of Antennas: 8T8R, 16T16R And 32T32R, 64T64R, 128T128R And Above
3) By Spectrum: Frequency Division Duplex (FDD), Time Division Duplexing (TDD), Other Spectrums
The key trends in the massive mimo market are:
• The deployment of Massive MIMO in mm-wave bands will shape the market's future.
• Advancements in beamforming technology are emerging as a significant trend.
• Utilization of network slicing for customization is becoming increasingly popular.
• The market is also being characterized by improvements in energy efficiency and the adoption of open ran (radio access network).
The major players in the massive mimo market are:
• Samsung Electronics Co Ltd
Asia-Pacific was the largest region in the massive MIMO market in 2024