The global massive multiple-input and multiple-output (MIMO) market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). Factors such as soaring demand for high data rate speed, low latency, easy upgradation over- and synchronization with the previously existing generation technology, and perennial connectivity, among others are acting as a major driving factors for the market growth. Moreover, with the proliferation of 5G technology across the global economies, the demand for massive MIMO has further gained significant traction in recent years. Massive MIMO is one of the core technologies of 5G that offers great promises for highly capable 5G with broad bandwidth, more connections, lower latency, and better reliability.
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Further, the amalgamation of massive MIMO and emerging spectrums for 5G technology is on the rise to enhance the efficacy of 5G networks. The C-band (3300-4200 and 4400-5000 MHz) is emerging as the primary frequency band for the introduction of 5G, providing an optimal balance between coverage and capacity for cost-efficient implementation. The availability of at least 100 MHz channel bandwidth per 5G network with the adoption of massive MIMO would boost peak, average, and cell-edge throughput with affordable complexity.
In addition, challenges faced by mobile operators regarding spectrum and cell-site pole mounting are also expected to drive the demand for massive MIMO globally. Mobile operators are facing challenges with the spectrum and cell-site pole mounting when it comes to managing their Frequency Division Duplexing. Time Division Duplexing (FDD/TDD) coverage. For the operators operating only on the FDD network, they will more than likely need to support 4×4 MIMO on the sub-3 GHz frequency band. For telecom operators deploying 5G services with both FDD and TDD, the passive antenna would need to incorporate 4T4R for both the sub-3 GHz band and the C-band. Another challenge that exists for telecom operators will be for areas having a large user base where operators have deployed multi-sector. In such areas, telecom operators will likely migrate to massive MIMO in the 5G era. All these are expected to drive the demand for massive MIMO across the globe.
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Market Coverage
- Segment Covered-
o By Technology
o By Type of Antenna
- Competitive Landscape: Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd., Nokia Corp., and ZTE Corp.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Massive MIMO Market Report Segmentation
By Technology
- LTE Advance
- LTE Advance Pro
- 5G
By Type of Antenna
- 16T16R
- 32T32R
- 64T64R
- 128T128R and Above
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