The growing adoption of 5G networks and IoT applications is driving the demand for smart antennas to enhance connectivity and network efficiency.
According to the SNS Insider, “The Smart Antenna Market Size was valued at USD 6.88 Billion in 2023 and is expected to reach USD 14.54 Billion by 2032 and grow at a CAGR of 8.68% over the forecast period 2024-2032.” https://www.globenewswire.com/news-release/2025/01/17/3011537/0/en/Smart-Antenna-Market-Size-to-Reach-USD-14-54-Billion-by-2032-Fueled-by-5G-Expansion-and-IoT-Innovations-Research-by-SNS-Insider.html