No other device has gained popularity like mobile phones, since their development. These days, the number of people who don’t own a mobile phone, or more precisely smartphones, is very low. The number of smartphones sold to consumers in 2018 was about 1.56 billion units, which was a considerable rise from 680 million units in 2012. According to these figures, more than 28% of the world’s population owned a smartphone in 2018, and the number is predicted to rise up to 37% by 2020. Because of this rising requirement for cell phones, the demand for radio frequency (RF) transceivers is increasing as well.
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A device which is integrated with both a receiver and a transmitter, in a single module, is referred to as a transceiver. So, a device that transmits and receives RF signals is called a transceiver. The major application of this device is to make information, in the form of video/data/voice, suitable for transmission over the wireless medium. According to P&S Intelligence, the global RF transceiver market is projected to attain a value of $18.5 billion by 2024, which is a significant increase from the generated revenue of $9.8 billion in 2018. Additionally, the industry will advance at an 11.6% CAGR during the forecast period (2019–2024).
The objective of this research includes;
Historical and the present size of the RF transceiver market
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The various types of RF transceivers are 2G, 3G, 4G, and 5G transceivers. The 5G technology is gaining traction rapidly, and a number of industries and businesses are offering products or technologies which are bound to make use of 5G-intensive networks. Regions including Europe and North America are expected to register a wide adoption of 5G in the near future, which is ascribed to the heavy investments in the deployment of the 5G technology. These factors are expected to result in a rising utilization of 5G transceivers during the forecast period. In addition to mobile devices, RF transceivers also find applications in embedded modules, networking equipment, and add-on cards.
The research includes detailed analysis of;
Market Segmentation by Design
Market Segmentation by Type
Market Segmentation by Application
Market Segmentation by Vertical
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