Press Release
Press Release
The global massive MIMO industry is dominated by Asia Pacific. Owing to the increasing number of smartphones and other electronic devices, this region is attracting heavy investments. The feature of multiple input/ multiple output and additional benefit of massive, provides better spectrum efficiency and better throughout. The massive number of antennas helps focus energy, leading to extreme improvements in throughput and efficiency. The capacity of smartphones and other electronic devices to supply internet connectivity at desired location with desired information and with internet protocol-based content distribution networks, the convergence of conventional data and voice communication is generating new services in several markets, this increasing the demand for massive MIMO. Urbanisation and globalisation is also contributing to the growth of industry. It also provides the benefit of beam streaming, beam steering can directionally focus the RF energy on a single user, ignoring the remaining space, reducing interference, and boosting signal to noise wherever the user is located. Massive MIMO can carry extra data without the requirement of additional bandwidth. The COVID-19 pandemic is one of the major drivers, which has been driving the growth of the massive MIMO industry. Due to lockdows and restrictions, offices had to opt for the work from home option. Work from home led to an increase in the demand for high-speed internet and large data volume in both residential and business sectors. Now people are spending more time on the internet as leisure time, as lockdown gave the luxury of free time to people from their busy schedules.
The rising competition among the key players is also providing an impetus to the market growth. In in February 2021, Telefonaktiebolaget L M Ericsson (NASDAQ: ERIC) launched three new radios in massive MIMO portfolio and expanded the RAN compute portfolio with six RAN Compute products to accelerate 5G mid-band rollouts. Communications service providers can leverage their 5G spectral assets to roll out services quickly and efficiently to deliver a more responsive experience to mobile broadband subscribers, with new mid-band spectrum available.
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The major players in the global massive MIMO industry include Telefonaktiebolaget L M Ericsson, Huawei Technologies Co., Ltd., Nokia Corporation, Samsung Corporation, and ZTE Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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