This paper investigates the performance of the point-To-point multiple-input-multiple-output (MIMO) systems in the presence of a large but finite numbers of antennas at the transmitters and/or receivers. Considering the cases with and without hybrid automatic repeat request (HARQ) feedback, we determine the minimum numbers of the transmit/receive antennas, which are required to satisfy different outage probability constraints. Our results are obtained for different fading conditions and the effect of the power amplifiers efficiency/feedback error probability on the performance of the MIMO-HARQ systems is analyzed. Then, we use some recent results on the achievable rates of finite block-length codes, to analyze the effect of the codewords lengths on the system performance. Moreover, we derive closed-form expressions for the asymptotic performance of the MIMO-HARQ systems when the number of antennas increases. Our analytical and numerical results show that different outage requirements can be satisfied with relatively few transmit/receive antennas. © 1972-2012 IEEE.