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(Wireless-NewsWire.Com, June 29, 2018 ) According to the latest market research report "Distributed Antenna System (Das) Market by Offering (Components and Services), Coverage (Indoor and Outdoor), Ownership (Carrier, Neutral-Host, and Enterprise), User Facility, Vertical (Commercial, Public Safety), and Geography - Global Forecast to 2023", this market is estimated grow from USD 8.21 billion by 2018 to USD 13.74 billion by 2023, at a CAGR of 10.9% between 2018 and 2023.
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The market has huge potential across various commercial vertical types such as public area, enterprises, healthcare, and industrial. The major factor driving the distributed antenna system market are 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.
Services to hold larger size of distributed antenna system market during the forecast period
The service segment is expected to hold a larger size of the distributed antenna system market for during the forecast period. Installation services form a major group of services contributing to the overall growth of the distributed antenna system market. The factors contributing to the growth of the market for installation services include various installation procedures that must be considered before laying the distributed antenna system network. Major installation services include equipment ordering; cable installation; equipment pre-staging and configuration; installation of the head-end and remote equipment; and coordination with wireless service providers for design approval, rebroadcast agreements, and commissioning (system activation).
>500K ft2 user facilities to hold largest size of distributed antenna systems market during forecast period
The user facilities with >500K ft2 area are expected to hold the largest size of the distributed antenna system market between 2018 and 2023. Trends such as increased demand for quality in network services, growing indoor data traffic, and elevated adoption of smartphones and tablets have led to increased investments by the carriers in larger, high-profile venues, such as stadiums and large commercial buildings.
Distributed antenna system market for public safety to grow at higher CAGR during forecast period
The distributed antenna system market for public safety is expected to grow at a higher CAGR between 2018 and 2023. The fire and building codes for public safety communications are becoming more predominant, which is likely to drive the distributed antenna system market for public safety. Mandates and regulations would lead to the increased adoption of public safety distributed antenna system, as it can support land mobile radio (LMR) as well as the multiple frequency bands, such as VHF/UHF and 700/800MHz, used by first responders.
North America held largest share of distributed antenna system market in 2017
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 emphases on the enhancement of telecommunications infrastructure to meet the users’ demand for seamless connectivity are likely to drive the distributed antenna system market to a great extent in the region.
The companies profiled in this report are CommScope (US), Corning (US), Cobham Wireless (UK), Comba Telecom Systems (Hong Kong), SOLiD (South Korea), American Tower (US), AT&T (US), Boingo Wireless (US), Dali Wireless (US), Zinwave (US), Whoop Wireless (US), Bird Technologies (US), HUBER+SUHNER (Switzerland), BTI Wireless (US), JMA Wireless (US), Westell Technologies (US), Advanced RF Technologies (US), Galtronics (Canada), Connectivity Wireless (US), and Betacom (US).
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