Chip Antenna Market Regional Analysis:
North American Market Insights
North America industry is expected to dominate majority revenue share of 39% by 2035. It is projected that there would be about 4 billion Internet of Things (IoT) connections collectively in North America by 2025. Hence, the adoption of chip antennal is also slated to rise. An antenna is needed for Internet of Things (IoT) devices. The frequency spectrum and the complexity of the IoT antenna design increase with decreasing IoT device space. Moreover, the manufacturing of automobiles is surging in this region, where Canada and United Nations have high auto production activities.
APAC Market Insights
The chip antenna market in the Asia Pacific is projected to have significant growth till 2035. Regional expansion is mainly motivated by reasons such as increased smartphone demand, an increase in mobile internet users, and the quick construction of the 5G network. Furthermore, due to its low manufacturing costs and widespread accessibility of raw resources such as copper and gold, China accounts for a sizeable portion of this region.