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Radio Frequency Integrated Circuits (RFIC) Market - Analysis and Forecast To 2024, TriQuint Semiconductor, Qualcomm Technologies, Inc., Skyworks Solutions, Inc., NXP Semiconductors N.V., Silicon Laboratories Inc.

01-18-2020 10:55 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: VynZ Research

/ PR Agency: VynZ Research
Radio Frequency Integrated Circuits (RFIC) Market - Analysis

Industry Overview
The global RFIC market is growing at a CAGR of 8.4% during the forecast period due to the increasing demand from emerging economies, increasing adoption of IoT solutions and increasing internet penetration across the globe. The RFIC circuits are extensively being utilized for performing functions such as signal filtering, frequency conversion and amplification.

Read More: https://www.vynzresearch.com/semiconductor-electronics/radio-frequency-integrated-circuits-market

Market Segmentation
On the basis of product, the RFIC market is segmented into transceivers, wireless USB, Wi-Fi, ZigBee, NFC, bluetooth, RF MEMS, Wi-MAX, power amplifiers, mobile TV, GPS, and others. Among all of these segments, power amplifiers hold the largest share in the market. Moreover, it has been observed that transceivers are expected to witness significant demand during the forecast period due to increasing requirement of small multichip packaging for small electronic devices.

Insight by Application
Based on application, the market is categorized into mobile, tablet and others, of which the mobile category is the largest contributor and also predicted to witness the highest growth during the forecast period. The high demand for RFIC in mobile devices is primarily due to the increasing internet penetration and number of smart phone users, and increasing adoption of connected devices.

Geographic Overview
Geographically, Asia-Pacific is the largest RFIC market across the globe and is also predicted to witness significant growth during the forecast period. The presence of large number of OEMs in the region, increasing internet penetration, and increasing automation in supply chain management are leading to the high demand for RFIC technology in the region. The RFIC market in Latin America and Middle East and Africa will also witness significant growth in the coming years owing to the large unexplored territories and developing information and communication technology infrastructure in the region.

Download Free Report Sample At: https://www.vynzresearch.com/semiconductor-electronics/radio-frequency-integrated-circuits-market/request-sample

Competitive Insight
The key players operating in the RFIC market include Infineon Technologies AG, TriQuint Semiconductor, Qualcomm Technologies, Inc., Skyworks Solutions, Inc., NXP Semiconductors N.V., Silicon Laboratories Inc., Avango Technologies, STMicroelectronics NV, and Renesas Electronics Corporation.

Contact
Kundan Kumar
Manager: Client Care
Toll- Free: 8882533960
Email: kundan@vynzresearch.com
Website: www.vynzresearch.com

VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.

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