Corporate Backgrounder

Business

Airgain is a leading provider of embedded antenna technologies used to enable wireless networking across a broad range of in-home home, enterprise, and industrial environment devices. Our innovative antenna systems open up exciting new possibilities in wireless services requiring high performance data throughput, broad coverage footprint, and carrier grade quality of service while offering customers design flexibility. Our antennas are commonly deployed in in carrier, enterprise, and residential wireless networks and systems, including set top boxes, access points, routers, gateways, media adapters, and digital televisions. We develop embedded antenna technology for a constantly expanding set of markets, including Enterprise Wi-Fi systems for on premises and Cloud services, and for cellular applications such as Pico and Femto Cells using Long-Term Evolution (LTE), and Digital Enhanced Cordless Telecommunications (DECT), and high-performance designs for the in-building wireless market.

Airgain partners with and supplies many of the largest blue chip brands in the world, including semiconductor manufacturers, global operators and carriers, ODM’s and OEM’s. Through our close working relationships with the leading semiconductor manufacturers to the WLAN industry we have developed expertise in the testing, evaluation and optimization of chipset reference designs and systems enabling the relative performance benchmarking between devices. The embedding of our antennas within chipset reference designs provides broad market visibility of Airgain antenna solutions capability early in the design cycle of new devices and in doing so provides us a competitive opportunity. Our sales, engineering, and executive management maintain relationships with key decision makers and engineering teams within this client value chain. Our value proposition to customers is based on the following factors:

  • Recognized leader in design, testing, performance of wireless antennas
  • Engaged directly with major chip set vendors
  • Superior designs provide increased range and throughput performance
  • Substantial IP portfolio in the areas of antenna design and performance
  • One of the broadest, blue chip customer lists in the industry

Market

Our opportunity is being driven by the confluence of trends regarding how people access and use digital content within their homes, businesses, and personal lives ‘on-the-go’. Within our core in-home market, the list of antennas applications is constantly evolving, from access points and wireless extenders, to routers, residential gateways, set-top boxes, media adapters, smart televisions, smart remotes, printers, gaming consoles, wireless speakers, wireless cameras and home security and automation systems and nodes.

Our core Wi-Fi market is continuing to grow rapidly as the technology is adopted across a wide variety of markets, including consumer, mobile, automotive, and emerging markets such as machine to machine, or M2M. The increase of in-home wireless devices in security and remote monitoring, lighting, HVAC, and entertainment has helped drive the embedded antenna market. According to ABI Research, the number of Wi-Fi-enabled device shipments, excluding cellular and personal computers, is expected to exceed 1.3 billion devices annually by 2021, representing a 13% compound annual growth rate, or CAGR, in this market for the period from 2016 through 2021. We are seeing solid growth in the number of wirelessly-enabled device shipments in several of our key markets. According to ABI Research, the market for consumer access points and gateways worldwide is expected to increase from 173 million device shipments in 2015 to 199 million in 2019. In the same period, the number of set-top boxes shipped is expected to grow from 71 million to 91 million, and the number of smart TV’s shipped from 94 million to 146 million, a CAGR of 12%. Mirroring this growth, according to ABI Research, global Wi-Fi hotspots, such as those found at enterprise locations like coffee shops, airports or in corporate offices, are forecasted to continue to expand at a CAGR of 11.2% from 2015 to 2020. The number of Wi-Fi hot spots in use was 4.2 million in 2013, 5.69 million in 2014, and is expected to top 13.3 million by 2020, according to estimates published by ABI Research in 2015. Wi-Fi hotspots are increasingly being deployed by mobile and fixed-line carriers, as well as third-party operators, as a means of offloading 3G/4G data users to Wi-Fi networks.

The demand for smart phone, tablet, laptop and notebook connectivity in the home and enterprise is robust. Whereas families often shared a single computer and internet connection in the 1990’s, ubiquitous wireless connectivity throughout the home is available today via carrier gateways that enable Internet access and media distribution to multiple smart phones, fixed and mobile computing devices and smart TVs that share the same broadband data connections. Wireless access enables mobility and the potential sale of additional services by telecom, cable, and satellite broadcast companies and does not require the time and cost for cabling. Our business opportunity has been driven by the rapidly expanding market for embedded antenna solutions for in-home wireless data and video connectivity products. Wi-Fi has emerged as the key wireless technology for delivering media services in the connected home of smart devices. According to the Cisco Report, globally, in 2015, a smart device generated 14 times more traffic than a non-smart device, and by 2020 a smart device is estimated to generate nearly 23 times more traffic. Furthermore, the Cisco Report also anticipates that smart device traffic will grow at a CAGR of 53% from 2015 to 2020.

Customers

We pride ourselves on our strong reputation among leading chipset vendors, Original Equipment and Design Manufacturers, telecommunications and broadband carriers, and retail-focused customers. Through early design, custom engineering support, and superior Over-the-Air testing capability, our design teams partner with customers in the early stages of antenna prototyping, testing, performance, and integration.

JulesCorporate Backgrounder