The global mobile signal booster market is currently valued at more than USD 148 million and is expected to reach almost USD 464 million by 2021, says Technavio.
Technavio has announced its latest market research report on the global mobile signal booster market, under its embedded systems portfolio. This market analysis discusses the major drivers and key emerging trends and offers an analysis of key vendors like SureCall and weBoost.
According to Sunil Kumar Singh, a lead analyst for embedded systems research at Technavio, “Spectrum utilization is becoming increasingly popular in the global market owing to the surge in demand for connected devices. The increase in spectrum demand is prompting mobile operators to make use of a higher range of frequencies so as to cater to more customers.”
An increase in the number of operators utilizing higher ranges of the frequency spectrum is resulting in fading issues and other network-related issues such as poor coverage, call drop, and failure to provide data services even though voice calls can be made. As a result, the demand for signal boosters is on the rise as they can help strengthen the carrier signal.
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Advances in technology that support low latency
Vendors in the market, such as Nextivity, are designing and developing advanced radio frequency and signal processing technology in their Cel-Fi baseband processors. With further developments in the technology, vendors will be able to develop platforms that support additional functionalities such as location-based services, high-speed packet access (HSPA) to Wi-Fi conversion, wireless video transmission, and much more. Some basebands are even capable of concurrently relaying two bands. Vendors are getting their technology and designs patented to enjoy a technological advantage.
Deriving benefits from competing technologies for small cell coverage
Vendors in the market such as Cisco Systems are engaging in contracts and tie-ups with cell phone operators such as AT&T. Such collaborations allow the signal booster vendors not just to develop client-specific customized products but also allows the vendors to have assured sales. For instance, AT&T and Cisco Systems have jointly developed a signal booster AT&T MicroCell as part of small cell solution.
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This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. An analysis of the key companies, including their market shares, business overview, key financials, etc. is provided in this study. This market study also provides a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Global Mobile Signal Booster Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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