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

Popular posts from this blog

BFSI Using Advanced Security Solutions to Protect Data and Financial Assets

Banks and financial institutions are gradually shifting their core applications over to the cloud network, to offer a personalized banking experience, mitigate the risks associated with conventional technologies, improve the operational control of platforms, reduce capital expenditure, and meet the growing need for real-time analysis of high-volume data. However, the deployment of the cloud infrastructure escalates the risk of cyberattacks, as the data is stored at remote locations.  Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/bfsi-security-market/report-sample To combat the cyber threat, such institutions are increasingly adopting a range of advanced security solutions. The financial service sector has become a prime target for cybercriminals, as it centers around financial assets and generates massive unstructured data. Moreover, progressive steps such as the adoption of online banking and shift toward digital processes have increased the pro

RF Semiconductor Market a $5.0-Billion Investment Opportunity by 2030

The major factors leading to the rising demand for radiofrequency (RF) semiconductors are the increasing popularity of smartphones, enhancements in the wireless communication technologies, and escalating adoption of the internet of things (IoT). As a result, from $2.1 billion in 2019, the market of RF semiconductor will witness an 8.8% CAGR during 2020–2030 (forecast period), to reach $5.0 billion by 2030. Made of semiconductor materials, such components enable RF communication in an array of sectors. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/rf-semiconductor-market-report/report-sample The material segment of the market is classified into indium phosphate, gallium arsenide, gallium nitride, silicon, and silicon germanium. Among these, during the historical period (2014–2019), the largest share was held by the gallium arsenide category because RF semiconductors made from this material consume less power, account for low power dissipation, ca

How Is Consumer Electronics Sector Helping Silicon on Insulator Market Grow?

Currently, the major players of the silicon on insulator market are taking strategic measures, such as product launches, facility expansions, partnerships, geographical expansions, client wins, and mergers and acquisitions, to gain a competitive edge in the market. For example, in January 2019, Soitec SA extended its collaboration with Samsung Foundry to increase the volume supply of FD-SOIs.  With the new agreement, these companies extended their partnership and secured a high-volume supply of FD-SOI wafers to cater to the surging demand for SOI wafers in consumer, automotive, and internet of things (IoT) applications. The wafer type segment of the silicon on insulator market is categorized into radio-frequency SOI (RF-SOI), power-SOI, imager-SOI, photonics-SOI, fully depleted SOI (FD-SOI), and partially depleted SOI (PD-SOI).  In 2018, the RF-SOI category generated the highest revenue, due to the escalating use of RF-SOI in advanced LTE smartphones and huge investments made in the