radiofrequency transceiver market

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2022
How Is Booming Mobile Phone Sales Supporting RF
Transceiver Market Growth?
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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
(20202030). 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.  
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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-an
alysis/rf-transceiver-market/report-sample     Geo
graphically, 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.  
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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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