How Has The Massive MIMO Market Size Evolved In Recent Years?
The massive mimo market has seen considerable growth due to a variety of factors.
•In recent years, the size of the massive mimo market has seen a significant increase. Its growth is expected to continue from $8.12 billion in 2024 to $11.28 billion in 2025, with a compound annual growth rate (CAGR) of 38.9%.
The expansion during the historical period is due to several reasons including the emergence of 4g technology, the need for greater network capacity, availability of spectrum, early market acceptance, and research and development efforts.
What Are The Estimated Market Size And Expected Annual Growth Rates For Global Massive MIMO Market?
The massive mimo market is expected to maintain its strong growth trajectory in upcoming years.
• We are anticipating a significant surge in the size of the massive mimo market in the forthcoming years. The market is set to swell to $39.25 billion by 2029, with a compound annual growth rate (CAGR) of 36.6%.
Key drivers of this anticipated growth during the forecasted period include the introduction and expansion of 5G, network densification, the rise of the IoT and Industry 4.0, increasing demand for improved mobile broadband, and network virtualization. Noteworthy trends expected within this period are the application of massive MIMO in mm-wave bands, the progression of beamforming, network slicing for enhanced customization, advancements in energy efficiency, and the advent of open RAN (radio access network).
What Are The Essential Drivers Behind The Growth Of The Massive MIMO Market?
The massive MIMO market is anticipated to flourish due to the surge in demand for swift and dependable mobile communication. Swift and dependable mobile communication signifies a wireless network providing reliable connectivity and high-speed data transmission for efficient mobile communication. Massive MIMO, an advanced technology for mobile communication, is vital in meeting the needs for accelerated data speed, enhanced network capability, and superior user experience. For example, as reported by the France-based international organization, Organization for Economic Co-operation and Development in 2023, in OECD nations, data consumption per mobile broadband subscription grew by 17% in 2022. The overall mobile data usage per subscription doubled over four years, from 4.7 gigabytes per month to 10.4 GB in 2022. Consequently, the burgeoning demand for swift and dependable mobile communication fuels the expansion of the massive MIMO market.
How Is The Global Massive MIMO Market Divided Into Key Segments?
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
Subsegments:
1) By LTE Advanced: Single-User MIMO, Multi-User MIMO
2) By LTE Advanced Pro: Enhanced Multi-User MIMO, Carrier Aggregation With MIMO
3) By 5G: Sub-6 GHz Massive MIMO, Millimeter Wave Massive MIMO
Pre-Book The Massive MIMO Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What Trends Are Reshaping The Future Of The Massive MIMO Market?
Innovations in product offerings are becoming increasingly prevalent in the expansive MIMO market, as a trend being adopted by leading companies to maintain their market stance. In February 2023, for example, Nokia, a telecommunication company based in Finland, introduced Habrok, a cutting-edge, AirScale, large MIMO radio utilized by all mobile and business network providers. Habrok radios employ the most recent technological advancements, providing a robust radio frequency output and scalable capacity for both single and multi-carrier performance.
Who Are the Key Players in the Massive MIMO Market?
Major companies operating in the massive MIMO market include:
• Samsung Electronics Co Ltd.
• China Mobile Ltd.
• Verizon Communications Inc.
• Deutsche Telekom AG
• AT&T
• Huawei Technologies Co Ltd.
• T-Mobile
• Intel Corporation
• China Unicom Ltd.
• Qualcomm Technologies Inc.
• Fujitsu Limited
• Fujitsu Limited
• NEC Corporation
• Ericsson AB
• Nokia Corporation
• ZTE Corporation
• Bharti Airtel Limited
• Analog Devices
• CommScope Inc.
• Mavenir Systems Inc.
• Comba Telecom
• Airspan Networks Inc.
• Mimosa Networks Inc.
• Redline Communications Group Inc.
• Blue Danube Systems
• Siklu Communication Ltd.
What are the Regional Insights into the Massive MIMO Market?
Asia-Pacific was the largest region in the massive MIMO market in 2024. The regions covered in the massive MIMO market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
