NEW YORK, Nov. 5, 2021 /PRNewswire/ -- The RF semiconductor market size is set to grow by USD 961.22 million from 2020 to 2025, according to Technavio.
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Factors such as increasing demand for RF devices for smartphones will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The RF semiconductor market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
RF Semiconductor Market 2021-2025: Vendor Analysis and Scope
Some of the major vendors of the RF semiconductor market include Broadcom Inc., Cree Inc., Fujitsu Ltd., GCT Semiconductor Inc., Infineon Technologies AG, MACOM Technology Solutions Holdings Inc., Qorvo Inc., Qualcomm Inc., Semtech Corp., and Texas Instruments Inc.
To help businesses improve their market position, Technavio's report provides a detailed analysis of vendors operating in the market. Backed with competitive intelligence and benchmarking, our research reports on the RF semiconductor market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. 58% of the market's growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for RF semiconductors in APAC. The growing demand for RF devices from automotive application will facilitate the RF semiconductor market growth in APAC over the forecast period.
Market trends such as growing demand for RF devices from the automotive application is likely to positively impact the market growth. However, high production cost of RF semiconductor may threaten the growth of the market.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
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