Skip to main content

Why Is mmWave Trending in Radiofrequency (RF) Semiconductor Market?

A key trend in the RF semiconductor market is the usage of mmWave for 5G telecommunications. The increasing mobile data consumption is driving the demand for a greater bandwidth, which has put the existing telecommunication technologies under immense pressure. Hence, the need for a technology that can support higher rates of data transmission and a larger bandwidth has significantly increased. Therefore, with a frequency band range of 24–300 Gigahertz (GHz), mmWave offers more coverage, improved performance, and smooth connectivity.

One of the strongest factors propelling the growth of the RF semiconductor industry is the rising demand for smartphones. As per the GSM Association, there were 3.5 billion smartphone connections around the world, and the smartphone penetration rate was 45%. With economic growth, smartphone sales are increasing in India, Nigeria, China, Pakistan, Indonesia, and other developing countries. Moreover, according to a survey conducted by the World Advertising Research Center (WARC), by 2025, 72.6% of the internet users worldwide will access it on their mobile phones.



A key opportunity area for the RF semiconductor market players is the rising adoption of advanced driver-assistance systems (ADAS). With the increasing incidence of road accidents, the government of many countries has made the integration of ADAS in automobiles mandatory. The idea is to offer the driver assistance and information about the road traffic and conditions, considering that most of the accidents are a result of human errors. Therefore, with the increasing adoption of ADAS, coupled with the rising vehicle sales, the demand for RF semiconductors will grow.


In 2019, Asia-Pacific (APAC) was the largest RF semiconductor market owing to the increasing population and economic prosperity leading to rapid growth in the telecommunications and consumer electronics industries. Moreover, the swift digitalization, surging adoption of the IoT technology, and growing usage of video streaming platforms are driving the market in the region. Further, other applications of such instruments, including smart farming, building security systems, smart utility meters, commercial satellite imaging, and home automation, are finding more takers.

Therefore, with the rising demand for equipment that allows for telecommunication, the sale of RF semiconductors will keep escalating.

Comments

Post a Comment

Popular posts from this blog

Escalating Prevalence of Frauds Fueling Demand for Fraud Detection and Prevention Technologies

The rising incidence of mobile frauds is a major factor responsible for the growing popularity of fraud detection and prevention solutions around the world. During the last few years, online transactions through mobile devices have witnessed a sharp surge in popularity and this trend will continue in the future years, on account of the surging penetration of the internet and smartphones across the world.  Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/fraud-detection-and-prevention-market/report-sample The rising adoption of these transactions is augmenting the incidence of fraudulent activities. According to reports, around 49% of all risky transactions were carried out through mobile devices in early 2019. Moreover, cybercriminals are extensively using various mobile emulators that run on desktop systems and allow fraudsters to accurately mimic iOS and Android devices.  This is making the adoption of fraud detection and prevention...
Post a Comment
Read more

Revenue Explosion Predicted in Global Micro Battery Market During 2020—2024

The global micro battery market had a valuation of $418.2 million in 2018 and is predicted to generate a revenue of $1,100.0 million by 2024. Furthermore, the market will exhibit a CAGR of 18.4% between 2019 and 2024. The increasing usage of wearable devices, the rising integration of the internet of things (IoT) in medical devices, and the soaring usage of compact batteries in healthcare applications are the major factors fueling the progress of the market. The rising incorporation of the IoT in medical devices is an important factor propelling the growth of the micro battery market across the globe. With the soaring population levels and the rising prevalence of chronic diseases in various countries, the healthcare industry is rapidly adopting high-tech solutions. The growing usage of advanced medical devices and wearable electronics is causing huge improvements in patient care and treatment procedures. Moreover, it is massively reducing the healthcare costs.  For example, medic...
Post a Comment
Read more

Why Is Asia-Pacific (APAC) Fastest-Growing Smartwatch Market?

The product segment of the smartwatch market is divided into classic, extension, and standalone. In 2017, the extension division accounted for the largest market share due to the magnifying demand for next-generation smartwatches that can act as an extension of smartphones and related devices. Moreover, the compatibility of tracking, connectivity, and alerts features with extension smartwatches is attracting a large number of consumers, thereby giving a strong push to the market. Get the Sample copy of this Report @ https://www.psmarketresearch.com/market-analysis/smartwatch-market/report-sample Additionally, the application segment of the smartwatch market is categorized into personal assistance, wellness, sports, medical, and others, which includes gaming, fashion, spiritual wellness, and kids’ learning. Among these, the personal assistance category dominated the market in 2017 due to the increasing application of smartwatches for daily activities, such as schedule tracking and sleep...
Post a Comment
Read more