Massive MIMO Market Research Report, by Technology (LTE Advanced, LTE Advanced Pro, 5G), by Antenna Type (8T8R, 16T16R and 32T32R, 64T64R, 128T128R and Above), by Spectrum (FDD, TDD, and Others) — Global Forecast till 2023

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Massive MIMO Market Research Report – Forecast to 2023
Massive MIMO Market
Research Report – Forecast to
2023

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Massive MIMO Market Research Report – Forecast to 2023
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Massive MIMO Market Research Report – Forecast to 2023
Summary:
Global Massive MIMO Market Research Report, by Technology (LTE Advanced, LTE Advanced Pro, 5G), by
Antenna Type (8T8R, 16T16R and 32T32R, 64T64R, 128T128R and Above), by Spectrum (FDD, TDD, and Others)
— Global Forecast till 2023
Market Highlights:
Currently, there are various applications in mobile phones for mobile banking, social media, surfing the Internet, and
others. Therefore, to receive and transfer a large amount of data without any disturbance with high speed, massive
MIMO is used as a wireless medium for data communication. Massive MIMO is an upgraded version of MIMO with
hundreds or even thousands of antennas and terminals. Massive MIMO systems work on inexpensive components
that consume low power. It reduces latency by increasing the speed of data transmission. Massive MIMO is also
used to increase the data rate and basic link signal to noise ratio.
The increase in the transmission of data from one end to another is growing as the ownership of smartphones is
increasing. The smartphones have several applications to upload and download videos, photos, and other
information. A large amount of data is transmitted with high speed at given time hence the massive MIMO is utilized
to increase the rate of data transmission and reduce the latency. The factor that drives the adoption of Massive MIMO
is reduced noise ratio of high signal by providing link reliability which further drives the market.
Regional Analysis:
The global market for Massive MIMO is estimated to grow at a significant rate during the forecast period from
2018 to 2023. The geographical analysis of Massive MIMO market is covered for North America, Europe, Asia-
Pacific, and the rest of the world. Asia-Pacific is expected to dominate the market owing to the growing application
of the smartphones among users. Applications such as social media and mobile banking are increasingly being
used which results in a significant amount of data exchange. In North America, the market for massive MIMO is
largely driven as there is a rising demand for software implementation in a communication network. Also, rising
demand for surveillance and security applications is contributing to the market growth of Massive MIMO in North
America. In Europe, there is a high demand for Massive MIMO due to increasing number of the mobile and laptop
users in the region.
Competitive Dashboard:
The prominent players in the market of Massive MIMO are Nokia (Finland), Ericsson (Sweden), Huawei (China),
ZTE (China), Verizon (US), Sprint (US), Airtel (India), China Mobile (China), and Deutsche Telekom (Germany)
and among others.

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Massive MIMO Market Research Report – Forecast to 2023