ABOUT US
Maven Wireless is a technology company that specializes in developing and selling indoor and tunnel coverage systems for both public mobile systems and critical communication, such as emergency services’ radios for police and firefighters. With its proprietary and patented software, Maven Wireless offers a comprehensive DAS (Distributed Antenna System) that provides indoor and tunnel coverage for all operators simultaneously, specifically tailored for 5G.
The Global Development is driven by Increasing Coverage Needs.
The global 5G deployment continues with increasing demands for capacity and coverage. Many new devices and applications are leveraging the technical advantages of 5G. The number of 5G mobile subscriptions is expected to reach five billion by the end of 2028. This indicates the rapid proliferation and adoption of 5G technology worldwide. With higher speeds, lower latency, and the ability to connect a large number of devices simultaneously, 5G will play a crucial role in driving future innovations.
A Brief Overview of the Market
The global market for Distributed Antenna Systems (DAS) is expected to reach 13 billion USD by 2028, with an annual growth rate of 6.2% from 2023 to 2028. Some of the key growth drivers include increasing mobile data traffic, a growing number of connected devices due to the Internet of Things (IoT), increased consumer demand for extended network coverage and uninterrupted connectivity, and the construction of modern properties with a focus on environmental sustainability.
Source: Distributed Antenna System (DAS) Market, Global forecast to 2028 by Market and Markets.
North America holds the largest Market Share in the DAS Industry.
The North and South American market accounts for approximately 44 percent of the global market. Expectations for the DAS market in North America are positive, with anticipated growth in line with the global trend. Increasing wireless demand, the implementation of 5G technology, and the need to enhance indoor coverage are likely to drive market growth and spur innovations to meet these requirements.
Become a Part of the Future of Wireless Connectivity.
Maven Wireless is presented with favorable opportunities for growth and development, thanks to the underlying market trends. By focusing on innovation and sustainability within market segments with stable growth, we establish a solid foundation to generate stable and long-term returns for our shareholders. Our commitment to staying at the forefront of technological advancements and sustainable solutions positions us well to capitalize on the increasing needs and demands in wireless communication. With a strong strategy and dedicated leadership, we are determined to maximize value for our shareholders and continue to be a reliable player in the market.
Company Highlights
Our significant achievements and milestones are a result of our continuous growth, innovative efforts, and outstanding performance in wireless communication technology. Here are some of the notable highlights of our journey.
Key Figures
Figures from the company’s annual report 2023
Net Sales
237 MSEK
Order intake
125 MSEK
Sales Growth
+134%
Cash flow
49 MSEK
Maven as an Investment
The DAS market is expected to reach $10,7 billon by 2025
The annual DAS market is valued at approximately USD 9,4 billion in 2022 and is expected to reach a value of approximately USD 13,0 billion by 2028.
Leading with comprehensive DAS systems for all operators
Maven Wireless believes that the company is currently the only player offering a comprehensive DAS system with indoor and tunnel coverage for all operators, specifically tailored for 5G.
Goal of over 1 billion SEK in revenue
The Company’s objective is to achieve an annual average revenue growth of approximately 1 billion SEK.
Performance and sustainability in one platform
Maven Wireless’ digital platform possesses several critical competitive advantages concerning performance, future-proofing, cost-effectiveness, and environmental friendliness.
Distinguished leaders on board
Distinguished and experienced board members, including Anders Björkman as Chairman (former CEO of Tele2), Göran Grosskopf as a board member (Chairman of Peab AB), and Anders Olin (former President of Sinch Enterprise & Messaging).
Sustainability
Sustainable and future-proof coverage.
Annual report
2023 was an eventful year.
Interim report
Expanding globally
Related content
Stay up to date on our financial presentation and corporate governance. Read more about our reports and shareholder information.
Take the opportunity to explore our latest financial virtual conferences, webinars, and presentations extensively.
Take a closer look and discover some of the most successful projects we have undertaken so far, showcasing our achievements.
Maven wireless sweden ab
Torshamnsgatan 39B
164 40 Kista, Sweden
Investor relations contact
+46 8 760 43 00
investor@mavenwireless.com