Global DAS market forecast to hit US $8.21bn
A new report by ResearchAndMarkets.com forecasts that the global distributed antenna system market will reach US$8.21 billion by 2018.
It is also projected to reach US$13.74 billion by 2023, at a CAGR of 10.9% during the forecast period.
The growth of this market is attributed to the increasing mobile data traffic, proliferation of connected devices due to the Internet of Things (IoT), rising need for spectrum efficiency and growing consumer demand for extended network coverage and uninterrupted connectivity.
The distributed antenna system market for outdoor coverage is expected to grow at the highest CAGR during the forecast period. The market of outdoor distributed antenna systems (oDASs) would be driven by the increase in automation as well as the adoption of wireless connectivity technologies in the automotive, transportation and industrial sectors. In addition to boosting the network capacity, oDASs are also deployed to gain coverage in areas such as tunnels, bridges and hilly terrains, which are difficult to reach for the base station towers.
The 'Distributed Antenna System (Das) Market by Offering, Coverage, Ownership, User Facility, Vertical , and Geography — Global Forecast to 2023' report covers the DAS market segmented on the basis of region into North America, Europe, Asia Pacific (APAC) and Rest of the World (RoW). North America held the largest share of the distributed antenna system in 2017. The increasing number of internet subscribers, expanding mobile data traffic and growing government emphasis on the enhancement of telecommunications infrastructure to meet the user's demand for seamless connectivity would drive the distributed antenna system market to a great extent in the region.
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