Research Nester released a report titled “Distributed Antenna System Market: Global Demand Analysis & Opportunity Outlook 2027”thatdelivers detailed overview of the global distributed antenna system marketin terms of market segmentation by technology, application, ownershipand region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The increased usage of internet and other networks has resulted in development of distributed antenna systems that could provide enhanced network coverage to the areas with little or no signals. The global distributed antenna system (DAS) market is expected to expand at a CAGR of 10.7% during the forecast period i.e. 2019-2027 owing to the tremendous popularity of mobile devices that require wireless connectivity within buildings or a geographical area.
By application, the global distributed antenna system market is segmented into public venues, hospitality, airports & transportation, healthcare, education sector & corporate offices, industrial sector and others. Among these segments, the healthcare segment is estimated to witness notable growth owing to IT integrationin healthcare facilities to hone the efficiency and productivity in their operations.
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Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa, out of which, the market in North America is expected to expand at a considerable CAGR over the forecast period which can be attributed to the rising trend of Internet of Things (IoT) coupled with the development of smart cities in the region. Rise in deployment of 4G/LTE connections, increasing infrastructural growth, and large presence of DAS providers in Asia Pacific is contributing significantly towards the growth of the market in Asia Pacific region.
High Competition Among Cellular Companies
The growing availability of smartphones at affordable prices has led to increased emphasis on improving network performance which has further forced the service providers to opt for solutions such as DAS, to ensure round the clock availability of their network. Additionally, development of newer and faster mobile networks, such as 4G and 5G combined with cost-effective and advanced services that are provided to the subscribers by cellular service providers due to rising competition among cellular companies in the market are some of the notable factors that are anticipated to drive the growth of the market over the forecast period.
Industry Playersare Progressing towards Minimizing the Barriers faced by the Global Distributed Antenna SystemMarket
High initial cost of distributed antenna systems, upgrade issues and high labor cost associated with the installation of the distributed antenna system are some of the restraining factors that are affecting the growth of the market.
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