Coronavirus Business Impact – RF Transceiver Market In-depth Analysis of the Global Industry with Future Estimations

The global rf transceiver market was valued at $9.8 billion in 2018 and is further predicted to grow with a CAGR of 11.6% during the forecast period (2019–2024). The various factors positively affecting the growth of the market include the rising adoption of internet of things (IoT) and growing demand for mobile devices. On the basis of application, the RF transceiver market is categorized into embedded modules, routers, mobile devices, add-on cards, and others (customized devices and gaming).

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/rf-transceiver-market/report-sample

The application of mobile devices held the largest share of the market during the historical period (2014–2018) and is expected to dominate the market during the forecast period as well. The usage of smartphones has increased significantly since 2016–2017 due to advanced multimedia features, fast 3G/4G LTE multimode connectivity, and enhanced location awareness.

A transceiver is a device, in which both transmitter and receiver are combined on an integrated circuit board, to enable wireless communication. This is attributed to the rising population around the world, which is becoming increasingly dependent on mobile communication technology. This category is also predicted to grow at the fastest pace during the forecast period.

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=rf-transceiver-market

The growing demand for mobile devices is also a key driving factor of the RF transceiver market. The usage of smartphones has increased significantly since 2016–2017 due to advanced multimedia features, fast 3G/4G LTE multimode connectivity, and enhanced location awareness. Furthermore, digitalization and the increasing internet penetration are also leading to the rising adoption of smartphones, which is further expected to increase in the coming years with the upcoming roll-out of the 5G network.

Comments

Increasing Internet Penetration Fueling Demand for Product Analytics

With the increasing penetration of the internet in both developing countries such as China and India and developed countries such as Singapore and the U.S., the worldwide demand for product analytics is rising rapidly. For example, according to the Office for National Statistics, in 2018, 90% of all households in Great Britain had access to the internet. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/product-analytics-market/report-sample Additionally, the total percentage of adults who used the internet daily grew from 35% to 86% from 2006 to 2018 in the country. The rapid digital transformation in various countries is pushing up the requirement for product analytics solutions. Moreover, businesses all over the world are increasingly adopting advanced technologies such as product analytics for building a holistic understanding and delivering greater customer engagement. Apart from this, rapid advancements and innovations being made in various cog...

Demand for Webgames Set to Shoot Up in Asia-Pacific in Coming Years

The global webgame market valuation will rise from $3.5 billion in 2019 to $6.5 billion by 2030. Furthermore, the market is predicted to demonstrate a CAGR of 5.7% between 2020 and 2030. Depending on genre, webgames are classified into sports games, real-time strategy games, massive multiplayer online roleplaying games (MMORPGs), arcade games, and first-person shooters. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/webgame-market-insights/report-sample Out of these, the popularity of first-person shooters will grow sharply across the world in the forthcoming years, as per the estimates of P&S Intelligence, a market research company based in India. These types of games are not like the third-person shooters, in which, the gamers can see the character which they are controlling. As these games are highly engrossing and thrilling, their popularity is soaring rapidly all over the world. Globally, the webgame industry is predicted to exhibit the...

How Is Rising EV Sales Supplementing Electric Motor Market Growth?

In recent years, the companies operating in the electric motor market have engaged in product launches to consolidate their position. For instance, in February 2021, Johnson Electric Holdings Limited launched a new series of low-voltage DC motors for actuators used in hospital beds, smart recliners, height-adjustable desks, and other smart furniture. In the same vein, in June 2021, maxon motor AG introduced BIKEDRIVE Air, a 3.5 kg e-bike system that consists of an integrated battery, a mid-mounted motor, and a control element. Additionally, the players in the electric motor market are also opting for mergers and acquisitions to gain a competitive edge. For example, in March 2021, AMETEK Inc. acquired Crank Software, EGS Automation, and Magnetrol International for $270 million. With the acquisition of Magnetrol International and EGS Automation, AMETEK Inc. aims to expand its level measurement solutions portfolio and widen its automation solutions portfolio. Furthermore, the ...

News Market Insights

Search This Blog