Mexico Base Station Antenna Market Size & Outlook
Mexico base station antenna market, 2018-2030 (US$M)
Related Markets
Mexico base station antenna market highlights
- The Mexico base station antenna market generated a revenue of USD 127.5 million in 2023 and is expected to reach USD 388.7 million by 2030.
- The Mexico market is expected to grow at a CAGR of 17.3% 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 127.5 million |
| Market revenue in 2030 | USD 388.7 million |
| Growth rate | 17.3% (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, Mexico accounted for 1.5% 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 Latin America, Brazil base station antenna market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 708.8 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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Mexico 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 69.1% in 2023. Horizon Databook has segmented the Mexico base station antenna market based on hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing use of smartphones and other mobile devices is driving the demand for mobile data. Moreover, the proliferation of data-intensive applications and the advent of 5G technology are driving the need for more advanced and efficient base station antennas to handle higher data volumes.
Mexico is also likely to experience a surge in 5G infrastructure development activities in the near future. Telecom companies such as Telcel are investing heavily in advanced base station antennas to support higher data rates and low-latency communication.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico base station antenna market , including forecasts for subscribers. This country databook contains high-level insights into Mexico base station antenna market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico base station antenna market size, by offering, 2018-2030 (US$M)
Mexico Base Station Antenna Market Outlook Share, 2023 & 2030 (US$M)
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