Technavio has been monitoring the mobile communication antenna market and it is poised to grow by USD 1.35 bn during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Mobile Communication Antenna Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions:
What are the major trends in the market?
Development of 5G Networks is a major trend driving the growth of the market
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 2.89% and the incremental growth of the market is anticipated to be $ 1.35 bn
Who are the top players in the market?
Alpha Wireless Ltd., Amphenol Corp., AT&T Inc., Cisco Systems Inc., Comba Telecom Systems Holdings Ltd., CommScope Holding Co. Inc., Huawei Investment & Holding Co. Ltd., Qualcomm Inc., Taoglas Group Holdings Ltd., and Telefonaktiebolaget LM Ericsson, are some of the major market participants
What is the key market driver?
The growing deployment of LTE networks is one of the major factors driving the market
How big is the APAC market?
The APAC region will contribute 46% of the market share
The market is