Global Massive MIMO Market sales revenue totaled US$ 2.5 billion in 2021. Over the projection period, demand for massive MIMO is expected to rise at an impressive CAGR of 27.4%. The massive MIMO market size globally will likely increase from US$ 3.3 billion in 2022 to US$ 37.5 billion by 2032.

LTE advance pro is projected to remain the key revenue-generating segment for companies. As per Persistence Market Research (PMR), the target segment will thrive at around 27.2% from 2022 to 2032.