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Press Release / Technology / Distributed Antenna System (DAS) Market worth $13.74 billion by 2023

Distributed Antenna System (DAS) Market worth $13.74 billion by 2023

By prashant on August 30 2019 | 37 Views

Distributed antenna system market is projected to reach $13.74 billion USD by 2023 from $7.75 billion USD in 2017, at a CAGR of 10.9%

According to the new 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", The distributed antenna system market is estimated to grow from USD 8.2 billion in 2018 to USD 13.7 billion by 2023; it is expected to grow at a CAGR of 10.9%. The distributed antenna networks are necessary to meet the increased demand from customers for the seamless cellular connectivity across various verticals such as hospitality, healthcare, and enterprise. In addition to the increased demand among users to remain connected to wireless service providers, the innovations in connectivity technologies; and regulatory compliance such as Enhanced 911 (E911) location accuracy, 24/7 battery regulation and National Fire Protection Association (NFPA) (US) are propelling the market growth.

Market for public safety expected to grow at higher CAGR during forecast period

After the World Trade Center (WTC) incident, most governments worldwide have mandated the installation of DAS in all commercial buildings. Moreover, according to the changing codes and standards, building owners are required to install a public safety DAS. In several US cities, public safety DAS is now a legal requirement for securing a building occupancy permit. The fire and building codes for public safety communications becoming more predominant, which are expected to drive the DAS market for public safety.

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Services segment to hold largest size during forecast period

Installation services is a major group of services contributing to the overall growth of the DAS market. The installation services involve all the players such as DAS component manufacturers and DAS integrators across the DAS value chain, which involves DAS component manufacturers, and DAS integrators, among others. The factors contributing to the growth of installation service include various installation procedures that must be considered before laying the DAS network.

The market for 200K–500K Ft2 expected to grow at highest CAGR during forecast period

The 200K–500K Ft2, user facility seek cost-effective solutions. The increasing adoption of distributed antenna system networks to meet the growing need for continuous wireless coverage inside a building is the major factor contributing to the expected growth of the market for this segment. Additionally, the factors such as changes in building construction standards (like LEED), introduction of IoT devices, and increased adoption of smartphones boost the adoption of distributed antenna system in the areas considered under 200K–500K Ft2 category.

Key players in the distributed antenna system market include CommScope (US), Corning (US), Cobham Wireless (UK), Comba Telecom Systems (Hong Kong), SOLiD Technologies (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 (ADRF) (US), Galtronics (Canada), Connectivity Wireless (US), and Betacom (US), among others.

Don’t miss out on business opportunities in Distributed Antenna System (DAS) Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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