Canada Base Station Antenna Market Size & Outlook
Canada base station antenna market, 2018-2030 (US$M)
Related Markets
Canada base station antenna market highlights
- The Canada base station antenna market generated a revenue of USD 544.7 million in 2023 and is expected to reach USD 1,818.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 18.8% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating offering in 2023.
- Services is the most lucrative offering segment registering the fastest growth during the forecast period.
Base station antenna market data book summary
| Market revenue in 2023 | USD 544.7 million |
| Market revenue in 2030 | USD 1,818.4 million |
| Growth rate | 18.8% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Services |
| Key market players worldwide | Amphenol Corp Class A, Comba Telecom Systems Holdings Ltd, CommScope Holding Co Inc, Huawei Technologies, Telefonaktiebolaget L M Ericsson ADR, Tongyu Communication, Radio Frequency Systems, Kaelus |
Other key industry trends
- In terms of revenue, Canada accounted for 6.5% of the global base station antenna market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. base station antenna market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,818.4 million by 2030.
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Base Station Antenna Market Scope
Base Station Antenna Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada base station antenna market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to base station antenna market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 68.79% in 2023. Horizon Databook has segmented the Canada base station antenna market based on hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
One of the primary factors driving the market growth in Canada is the persistent pursuit of improved network coverage and data speeds. As the demand for high-speed mobile data and reliable connectivity continues to grow, telecom operators in Canada are compelled to invest in advanced base station antennas to enhance network capacity and performance.
For instance, in November 2023, TELUS, Terresa, and Skylo collaborated to achieve this milestone by leveraging Terre Star's satellite infrastructure and Skylo's proprietary technology to enable direct communication between smartphones and satellites.
This technology bypasses the need for terrestrial cell towers, making it possible to connect with people and devices in remote areas that are currently underserved or completely unserved by traditional mobile networks.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada base station antenna market , including forecasts for subscribers. This country databook contains high-level insights into Canada base station antenna market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada base station antenna market size, by offering, 2018-2030 (US$M)
Canada Base Station Antenna Market Outlook Share, 2023 & 2030 (US$M)
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