5G Antennas Market To Reach USD 38.41 Billion By 2032, At A CAGR Of 12.3% | SNS Insider
| Report Attributes | Details |
| Market Size in 2023 | USD 13.60 Billion |
| Market Size by 2032 | USD 38.41 Billion |
| CAGR | CAGR of 12.3% From 2024 to 2032 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segmentation | . By Antenna Type (Switched Multi-beam Antennas, Adaptive Array Antennas) . By Technology Type (SIMO, MISO, MIMO) . By Application Type (Automotive, Infrastructure, Other) |
| Key Drivers | . Increasing Deployment of 5G Networks Worldwide Drives the Demand for Advanced Antenna Technologies. . The proliferation of IoT Devices and Smart City Projects Augments the Need for High-Performance 5G Antennas. |
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Key Segments Driving Growth in the 5G Antennas Market: Type and Application Analysis
By Type
The 5G antennas market is witnessing substantial growth across various segments, with switched multi-beam antennas dominating the market by capturing a 58% revenue share in 2023, driven by their superior signal coverage and efficient frequency utilization, making them essential for high-traffic urban areas. Industry leaders like CommScope and Huawei Technologies are continuously innovating in this space to meet the rising demand for robust 5G connectivity.
Adaptive array antennas are expected to grow at the highest CAGR of 13.37% from 2024-2032, due to the development of advanced beamforming mechanisms paired with real-time adjustments of incoming and outgoing data signals make networks more reliable, particularly for scenarios such as autonomous vehicles, remote healthcare, and augmented reality, with Ericsson and Nokia being at the forefront of this segment.
By Application
The automotive segment held a dominant 62% revenue share in 2023, driven by the increasing adoption of 5G-enabled connected vehicles and autonomous driving systems that rely on features such as vehicle-to-everything (V2X) communication, real-time traffic updates, and remote diagnostics.
The infrastructure segment is projected to register the highest CAGR of 13.66% during the forecast period, increasing deployment of 5G base stations and growing adoption of smart cities will promise the high performance antenna in urban development, energy management, and public safety. Prominent companies such as Ericsson and Nokia Corporation are key players involved in the development design of next-generation antenna solutions to meet these infrastructure changes, which is expected to trigger the growth of the market.
Regional Insights: North America's Leadership and Asia Pacific's Rapid Growth in the 5G Antennas Market
In 2023, North America dominated the 5G antennas market with a 32% market share, driven by early 5G adoption, substantial investments in network infrastructure, and supportive government policies. The United States led this growth, with telecom giants like Verizon, AT&T, and T-Mobile aggressively deploying 5G networks nationwide. The Federal Communications Commission (FCC) played a critical role in accelerating this expansion by allocating spectrum and funding rural 5G deployments through initiatives such as the Rural Digital Opportunity Fund (RDOF).
Asia Pacific emerged as the fastest-growing region, projected to expand at a CAGR of 14.08% during the forecast period, fueled by significant investments in 5G infrastructure from major economies such as China, Japan, South Korea, and India. China leads the global 5G rollout, with companies like Huawei Technologies and ZTE Corporation pioneering advanced 5G antennas and base stations. Huawei's FDD Massive MIMO antennas have been widely deployed, ensuring high-speed, reliable connectivity across China's 5G networks. With strong government backing and rapid network expansion strategies, both North America and Asia Pacific continue to witness robust growth in the 5G antennas market.
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Recent Development
- Feb. 12, 2025, Ericsson unveils new 5G radios and RAN Connect solutions lowering energy consumption by 30% and carbon footprint by 50% AIR 3266 radio and RAN Connect 6682 with high capacity drive spectral efficiency and multi-dimensional, scalable network layouts. June 14, 2024, TE Connectivity presented IoT Advanced Solutions for Smart City, Healthcare, and Industry Applications at CommunicAsia 2024. It grew its portfolio by acquiring Laird Connectivity's External Antennas business and Linx Technologies.
T able o f Contents - Major Points
1. Introduction
2. Executive Summary
3. Research Methodology
4. Market Dynamics Impact Analysis
5. Statistical Insights and Trends Reporting
5.1 Regulatory Compliance and Standards (2023)
5.2 Consumer Preferences and Usage Patterns
5.3 Cost and Pricing Analysis (2023)
5.4 Supply Chain and Manufacturing Insights
6. Competitive Landscape
7. 5G Antennas Market Segmentation, by Type
8. 5G Antennas Market Segmentation, by Technology
9. 5G Antennas Market Segmentation, by Application
10. Regional Analysis
11. Company Profiles
12. Use Cases and Best Practices
13. Conclusion
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