South Korea Base Station Antenna Market Size & Outlook
South Korea base station antenna market, 2018-2030 (US$M)
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South Korea base station antenna market highlights
- The South Korea base station antenna market generated a revenue of USD 610.7 million in 2024 and is expected to reach USD 1,745.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 19.5% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating offering in 2024.
- 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 2024 | USD 610.7 million |
| Market revenue in 2030 | USD 1,745.1 million |
| Growth rate | 19.5% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 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, South Korea accounted for 6.3% of the global base station antenna market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China base station antenna market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 998.8 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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South Korea 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 79.89% in 2024. Horizon Databook has segmented the South Korea base station antenna market based on hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
In South Korea, the Base Station Antenna (BSA) landscape reflects a continuous drive for technological excellence in the global telecommunications arena. Major telecom players, including SK Telecom, KT Corporation, and LG Uplus, are intensifying efforts to deploy cutting-edge massive MIMO antennas to elevate network capacity and data speeds.
Noteworthy trends include a strategic focus on urban densification through small-cell solutions and advanced beamforming technologies. South Korea's forward-looking approach extends to the development of 6G technologies, exemplified by SK Telecom's collaboration with Samsung Electronics Co., Ltd.
Moreover, the country showcases a growing demand for energy-efficient antennas, with initiatives such as KT Corporation's eco-friendly base station projects highlighting a dedication to sustainable telecom infrastructure.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea base station antenna market , including forecasts for subscribers. This country databook contains high-level insights into South Korea base station antenna market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea base station antenna market size, by offering, 2018-2030 (US$M)
South Korea Base Station Antenna Market Outlook Share, 2024 & 2030 (US$M)
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