5G Antenna Market was Estimated to be US$ 9,835.0 Mn in 2018 and is Expected to Reach US$ 34,720.1 Mn by 2027 Growing at a CAGR of 15.5% Over the Forecast Period Owing to Rising Adoption of IoT Across the Industrial and Residential Sectors, Says…

Latency, which is the minimum time a device takes to respond to a request from another source, is around 1 millisecond in 5G networks. It is almost 29 times greater in the present 4G networks. Greater bandwidth allows the devices to communicate with each other at a faster rate, thus decreasing the latency. The evolution of smart cities around the globe is creating opportunities for the 5G antenna manufacturers. 5G phones have already hit the market. Taiwanese companies like Zhen Ding Technology and Flexium Interconnect are eagerly awaiting 5G antenna orders from smartphone manufacturers like Apple Inc. The 5G antenna market is making significant inroads in the APAC region.

Research and Development are being carried out at a rampant pace, especially by the semiconductor companies. Qualcomm Technologies, Inc., for example, has already brought out its QTM052 mmWave antenna. The technology is the world's first successful attempt at integrating mm Wave Radio Frequency with various smart devices. The evolution of augmented reality and virtual reality is widening the horizons in education and entertainment. AR and VR requires a faster internet for buffer-free streaming. The advent of 5G will facilitate greater adoption of these technologies. The 5G antenna market will see greater growth with the deployment of compact 5G antennas.

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The detailed research study provides qualitative and quantitative analysis of 5G Antenna Market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

Key Findings of the Report:

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5G Antenna Market:

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