BOSTON, March 2, 2017 /PRNewswire/ -- As data traffic continues to grow and device requirements become more demanding, compound semiconductor revenue will grow in RF applications.
The Strategy Analytics Advanced Semiconductor Applications (ASA) service report, "RF Compound Semiconductor Forecast and Outlook: 2016 – 2021" indicates that while RF compound semiconductor revenue will grow to slightly more than $11 billion in 2021, GaAs devices will not be the driver for this revenue growth. Wireless applications have been the primary driver for GaAs device revenue growth, but this segment of the RF market will stagnate. Instead, revenue growth will come from strong adoption of Indium Phosphide (InP), Gallium Nitride (GaN) and Silicon Germanium (SiGe).
Click here for the report: RF Compound Semiconductor Technology Forecast and Outlook: 2016 - 2021
Eric Higham, Service Director, Advanced Semiconductor Applications service commented: "GaAs will remain the dominant RF technology, but device revenue will flatten in this application." He added, "A slowdown in the wireless segment will open the door for the other RF compound semiconductor device technologies and additional market segments to really propel revenue growth."
Asif Anwar, Service Director, Advanced Defense Systems service added, "The aerospace and defense market will be one of the bright spots for GaAs device revenue." He went on to say, "the increasing usage of GaAs and GaN devices in this segment will result in strong growth for RF compound semiconductor revenue."
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SOURCE Strategy Analytics