A channel analysis model of MIMO system, a channel modeling method of MIMO system, and a computer-readable storage medium are provided. The channel analysis model of MIMO system includes an antenna component and an analysis component, the antenna component includes a transmitting antenna array containing a plurality of transmitting antenna elements and a receiving antenna array containing a plurality of receiving antenna elements, and the analysis component is configured to establish a channel model of MIMO system according to a correlation between the transmitting antenna elements, a correlation between the receiving antenna elements and a channel matrix between the transmitting antenna array and the receiving antenna array.
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