Middle East & Africa Base Station Antenna Market Size & Outlook
Middle East & Africa base station antenna market, 2018-2030 (US$M)
Related Markets
MEA base station antenna market highlights
- The MEA base station antenna market generated a revenue of USD 802.4 million in 2023.
- The market is expected to grow at a CAGR of 10% 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.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 802.4 million |
| Market revenue in 2030 | USD 1,565.5 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 9.5% of the global base station antenna market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,667.4 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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Middle East & Africa 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 68.68% in 2023. Horizon Databook has segmented the Middle East & Africa base station antenna market based on hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
The base station antenna market in the MEA region is rapidly growing thanks to a notable increase in the number of businesses using high-speed internet networks for their internal and external operations. Moreover, smartphone users and internet broadband connections have also increased drastically in the region over the past few years.
The increasing demand from consumers for faster broadband services such as 5G is propelling the growth of the base station antenna market. According to the Telefonaktiebolaget LM Ericsson’s November 2022 Ericsson Mobility Report, 5G is expected to reach 270 million subscriptions in the Middle East and North Africa (MENA) by the end of 2028.
Key factors driving the deployment of 5G include lower costs per gigabyte, increased network capacity, and new use case requirements. The growing demand for 5G networks is driving the growth of the base station antenna market in MEA.
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Our clientele includes a mix of base station antenna market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa base station antenna market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa base station antenna market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA base station antenna market size, by country, 2018-2030 (US$M)
Middle East & Africa Base Station Antenna Market Outlook Share, 2023 & 2030 (US$M)
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