Global RF IC Market to grow at a CAGR of 11.56% during Forecast 2016-2020

Albany, NY, Jan 03: RF IC's are the building blocks for components that enable long-range connectivity such as LTE networks and short-range connectivity such as Bluetooth and Wi-Fi in the computing devices. RF ICs are mainly used in devices that perform the functions such as amplification, frequency conversion, and signal filtering. RF IC has become one of the key components in the wireless infrastructure, due to its high reliability and operating frequencies. RF ICs are used for manufacturing components such as power amplifiers, transceivers, Wi-Fi chips, Bluetooth chips, near-field communication (NFC), and others. With growing demand for wireless infrastructure, RF ICs have witnessed huge demand. Transceivers and power amplifiers are the major revenue contributing products in the market due to their increased demand from smartphone and tablet manufacturers. The increasing penetration of LTE networks globally is compelling the device manufacturers to integrate number of RF ICs, which is expected to fuel the market growth during the forecast period.

The global RF IC market to grow at a CAGR of 11.56% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global RF IC market for 2016-2020. To calculate the market size, the report considers the revenue generated from the shipment of RF ICs globally.

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The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe

Technavio's report, Global RF IC Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Infineon Technologies
- Qualcomm
- Avago Technologies
- Qorvo
- NXP Semiconductors
- STMicroelectronics

Market driver
- Deployment of next-generation LTE wireless networks
- For a full, detailed list, view our report

Market challenge
- Signal loss due to growing design complexities
- For a full, detailed list, view our report

Market trend
- Growing remote control technologies
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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