5G RF Transceivers Market to Witness 30.4% CAGR during 2020–2030

Due to the rapidly growing consumer electronics industry, Asia-Pacific has emerged as the largest 5G RF transceiver market instead of North America. the growing adoption of wireless communication devices, emergent of the internet of things technology, rising demand for video streaming, and rapid digitization in the region are also resulting in the growing demand for 5G RF transceivers.

The devices are further being integrated in building security systems, smart utility meters, smart farming, home automation, and commercial satellite imaging applications.

In addition to this, due to advanced long-term evolution-unlicensed capabilities, complex antenna architecture, expanded carrier aggregation, and higher-order modulation, the RFFE design of advanced smartphones is complex. Thus, 5G transceivers are being utilized in base stations for supporting higher frequency bands in RFFE designs and faster mobile broadband speeds. 

A number of industries make use of 5G RF transceivers, such as healthcare, consumer electronics, military &defense, telecommunications, aerospace, and cable/broadcasting. In the coming years, the consumer electronics industry is projected to make considerable use of 5G RF transceivers. Owing to the launching of 5G services by telecom services, RF transceivers are increasingly being integrated in smartphones and other consumer electronics.  

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In conclusion, the surging adoption of smart phones and growing penetration of internet are leading to the rising need for 5G RF transceivers.