Global Metamaterials Market 2017-2021

Overview of the global metamaterials market

Market research analysts at Technavio predict that the global metamaterials market will grow steadily over the next four years and post a CAGR of more than 22% by 2021. This market research analysis identifies the growing number of internet users as one of the key growth factors for the global metamaterials market. Since its inception, the Internet is penetrating at a rapid pace. With the increase in the penetration of mobile broadbands, the recent years witnessed an increased penetration of the Internet. This increase in the penetration of the Internet will result in a significant rise in the demand for wireless infrastructure and metamaterials technologies across the world, which will in turn, propel the growth of the metamaterial antennas.

In addition to a rapid increase in the adoption of the Internet among users, the increasing mobile workforce will also contribute to the growth of the market. The adoption of bring your own device (BYOD) policy among organizations is promoting the usage of mobile devices among consumers. Furthermore, the extensive use of advanced technologies such as near-field communication, wearables, and biometric readers for various applications, will also strengthen the growth for metamaterials.

Competitive landscape and key vendors