RF transceiver market

1. 2022 How Is Booming Mobile Phone Sales Supporting RF Transceiver Market Growth?

2. The surging adoption of mobile communication technologies, such as 5G and 4G, burgeoning demand for mobile devices, and rising adoption of the internet of things (IoT) technology will propel the radiofrequency (RF) transceiver market at a CAGR of 0.8% during the forecast period (2020–2030). The market was valued at $3,892.1 million in 2019 and it is projected to reach $3,384.5 million revenue by 2030, on account of the decline in the prices of RF transceivers. In recent years, the escalating demand for wideband transceivers has become a prominent market trend. One of the key growth drivers for the market is the escalating usage of mobile phones across the world. According to the International Telecommunication Union (ITU) World Telecommunication Database, in 2019, 7.98 billion people across the world were using mobile phones. In recent years, these devices have rapidly penetrated the developing countries, such as India and China, due to their prospering economies, escalating disposable income of people, and growing public awareness of connected devices and new technologies.

3. Currently, the RF transceiver market is highly consolidated and competitive, with the presence of several global players. Some of the key players in the market are Skyworks Solutions Inc., Fujitsu Ltd., Telefonaktiebolaget LM Ericsson, ZTE Corporation, Qualcomm Incorporated, Huawei Technologies Co. Ltd., Broadcom Inc., Murata Manufacturing Co. Ltd., Qorvo Inc., Nokia Corporation, STMicroelectronics N.V., NXP Semiconductors N.V., Analog Devices Inc., ON Semiconductor Corporation, Texas Instruments Incorporated, Samsung Electronics Co. Ltd., and Infineon Technologies AG. Categories under the application segment of the RF transceiver market are mobile devices, embedded modules, add-on cards, routers, and others, such as gaming and customized devices. Under this segment, the mobile devices category generated the highest revenue in 2019, due to the burgeoning reliance of people on wireless communication networks. Moreover, the rapid adoption of mobile phones in Asia-Pacific (APAC) countries, such as Japan, India, and China, is also facilitating the growth of this category. Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/rf-transceiver-market/report-sample Geographically, APAC accounted for the largest share in the RF transceiver market in 2019, and it is expected to maintain its dominance throughout the forecast period. This can be attributed to the growing adoption of wireless communication devices, accelerating demand for video streaming, and surging advancements in IoT technology in the region. Moreover, the increasing deployment of 5G in China, owing to the Made in China 2025 plan of the government, is also driving the market growth in APAC. Additionally, the rising use of cloud computing and AI technologies will support the market growth in the region, in the coming years.

4. Whereas, the Latin American (LATAM) RF transceiver market is projected to demonstrate the fastest growth during the forecast period, due to the soaring internet penetration and increasing adoption of 4G and 5G and smartphones in the region. Besides, the mounting investments being made by mobile operators in their content and media capabilities, 5G services, and IoT applications will also contribute to the market growth in the region. Moreover, the upgradation of large and ultra-large data centers from 10 G transceivers to 100 G and 40 G transceivers, for obtaining higher digital signal transmission speed, will also drive the market growth in LATAM. • Therefore, the booming smartphone sales and surging internet penetration will steer the market growth in the coming years. • This study covers • Historical and the present size of the RT transceiver market • Future potential of the market through its forecast for the period 2020– 2030 • Historical and the present size of the market segments and understand their comparative future potential • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings • Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders • Major players operating in the market and their service offerings

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