Product segmentation performance in the global mobile communication antenna market
The global mobile communication antenna market is expected to grow at a CAGR of 6.23% during the forecast period. Based on the product, the global mobile communication antenna market has been segmented into macrocells and small cells.
A macrocell is a cell site in a mobile communication network, which provides radio coverage to a larger area and a larger user base when compared with small cells. In contrast to small cells, which are used for network densification, macrocells are being increasingly adopted for smart city and wide-range network coverage applications, as they enable a wider coverage.
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The deployment of microcell base stations is driven by the increased investments by network operators in the development, expansion, or development of LTE networks in rural areas. The increased focus on the development of smart cities is expected to drive the demand for macrocells. Vendors are focusing on launching innovative products and solutions for increasing the adoption of macrocells. With the increase in adoption of macrocells, the demand for network equipment, including communication antennas will also increase, thereby boosting the growth of the global mobile communication antenna market during the forecast period.