Distributed Antenna System (DAS) Market worth 13.74 billion USD by 2023
[162 Pages Report] Distributed antenna system (DAS) is a network of different antenna nodes connected to a common hub through coaxial or fiber-optic cables, which provides wireless coverage within an area or a structure. The distributed antenna system nodes, in general, are very small and compact, and are utilized to increase the range and capacity of cellular networks in areas with very low or no coverage.
The global distributed antenna system market was valued at USD 7.75 billion in 2017 and is projected to reach USD 13.74 billion by 2023, at a CAGR of 10.9% during the forecast period. The base year considered for this study is 2017 and the forecast period is between 2018 and 2023.
The distributed antenna system market for services is expected to grow at the highest CAGR during the forecast period. Installation services form a major group of services contributing to the overall growth of the market. Variations in the installation procedures that must be considered before laying the distributed antenna system network is the major factor contributing to the growth of the market for installation services.
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Carrier ownership held the largest size of the distributed antenna system market in 2017. In carrier ownership, there is no capital expenditure investment for the facility owner; the carriers take full authority of distributed antenna system installation and ownership. Under the carrier ownership model, indoor coverage has significant potential to claim a good return on investment (ROI). Hence, the high ROI attained in carrier ownership models for indoor DAS (iDAS) makes it a preferable ownership model.
Indoor coverage is expected to hold the largest share of the overall market in 2023. The major factor contributing to the growth of the market for iDAS is the increasing demand from various consumers for continuous connectivity. Additionally, the emergence of the bring-your-own-device (BYOD) concept, and the growing acceptance for it in enterprises and offices are further contributing to the growth of the market for iDAS, as most of the daily production is carried out on these devices, such as laptops and mobiles, which require continuous wireless connectivity.
The commercial vertical is expected to hold a larger share of the distributed antenna system market during the forecast period. The changes in building construction standards, such as Leadership in Energy and Environmental Design (LEED), aimed at the preventing the penetration of outdoor radio signals indoors; increased adoption of smartphones, leading to growing mobile data traffic; and growing preference for the BYOD method in enterprise environments; and so on; are significantly driving the market for this vertical.
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