Worldwide Mobile Phone Semiconductor Forecast, 2020–2024

Worldwide Mobile Phone Semiconductor Forecast, 2020–2024

This IDC study provides data from 2015 to 2024 for selected mobile phone semiconductors along with analysis and commentary."With a 17.5% CAGR driven by the shift to 5G phones, RF components continue to outpace the broader mobile phone semiconductor industry, which has a 5.7% CAGR," said Phil Solis, research director, Connectivity and Smartphone Semiconductors at IDC. "Given the expansion to newer mid-band spectrum for sub-6GHz 5G and the inevitable growth of mmWave modules in high-end 5G phones on top of what will be a strong shift from 4G to 5G phones, revenue for RFFE and mmWave modules are set to triple from 2019 to 2024."

Please Note: Extended description available upon request.


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Competing Factors: COVID-19 and the Shift to 5G
Overall Mobile Phone Semiconductor Market by Semiconductor Type
5G Phone Semiconductor Market by Semiconductor Type
Mobile Phone Semiconductor Market by Phone Generation
5G Phone Shipment and Semiconductor Share of All Phones
Market Context
Drivers and Inhibitors
Drivers
Major Ramp Up in 5G Phone Shipments
Fast Shift to Midtier 5G Phones in China
Inhibitors
COVID-19 Effects
U.S.-China Trade War
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research

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