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Wireless antenna market to grow at 8.27% CAGR from 2017 to 2021 explored in latest research

Wireless antenna market to grow at 8.27% CAGR from 2017 to 2021 explored in latest research

The Wireless Antenna market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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About wireless antenna market :

Commenting on the Wireless Antenna Marketreport, an analyst said: “One trend in the market is deployment of next-generation LTE wireless networks. The consumption of mobile data has increased at an exponential rate, which has fueled the demand for next-generation LTE wireless networks such as 3G and 4G.

LTE is one of the fastest-growing mobile technologies for which specific bands have been designated

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The analysts forecast global wireless antenna market to grow at a CAGR of 8.27% during the period 2017-2021.

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An antenna is a metallic device that transmits and receives electromagnetic waves. It transforms a radio frequency (RF) signal into an electromagnetic wave, which is transmitted into space.

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According to the wireless antenna market report, one driver in the market is emergence of connectivity in vehicles. The adoption of wireless connectivity in vehicles is increasing across the globe.

Wireless connectivity enables the users to communicate with the external world even while driving. It also enhances other features like navigation and infotainment.

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Further, the report states that one challenge in the market is high associated cost. The cost associated with the acquisition of a site and the installation process for an antenna network, specifically for a telecom network, is very high.

This hinders the growth of the global wireless antenna market. In addition, organizations need to adhere to the stringent spectrum regulations that are set by the telecommunication standard organizations.

This is an expensive affair for the organizations. The attractiveness of the industry and the presence of a large number of players in the market have created persistent pressure for competitive pricing, which is adversely affecting the profit margins of the organizations.

This report, Global Wireless Antenna Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

Main players in the global wireless antenna market: Fractus Antennas, Pulse Electronics, Taoglas, and YAGEO. Other Prominent Vendors in the market are: Johanson Technology, Linx Technologies, and AirNet Communications.

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