Global Millimeter Wave and Microwave RF Transceiver Market 2017-2021
About Millimeter Wave and Microwave RF Transceiver
A transceiver chip is an integrated circuit (IC) that helps in transmitting and receiving signal frequencies in a number of devices. It is present in a transceiver module. Different transceivers are available for radio, video, Ethernet, and wireless devices. Transceivers can also be built into the computer modem by embedding them into network cards. The function of a transceiver chip always remains the same, irrespective of the type of media or data that is to be transferred.
Technavio’s analysts forecast the global millimeter wave and microwave RF transceiver market to grow at a CAGR of 11.56% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global millimeter wave and microwave RF transceiver market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Millimeter Wave and Microwave RF Transceiver Market 2017-2021
Technavio recognizes the following companies as the key players in the global millimeter wave and microwave rf transceiver market: Broadcom, MediaTek, Microchip Atmel, Qorvo, Qualcomm Technologies, and Skyworks Solutions.
Other Prominent Vendors in the market are: Analog devices, Cisco, GCT Semiconductor, Lime Microsystems, Microsemi, NVIDIA, NXP Semiconductors, Phi Microtech, Silicon Motion, Spreadtrum Communications, STMicroelectronics, and Texas Instruments.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing applications of IoT. IoT is one of the fastest-growing markets worldwide. It is estimated that a total of 33 billion devices will be connected through IoT by 2021, generating a total of about 50 trillion GB of data. IoT enables devices to collect data using sensors and actuators and transmit data to a centralized location on a real-time basis.”
According to the report, one driver in the market is deployment of next-generation LTE wireless networks. The increase in data consumption has led to the adoption of next-generation LTE networks, such as LTE and LTE advanced. The growing consumption of mobile data has resulted in the growth of commercial networks, making LTE the fastest-developing mobile technology. Specific bands have been designated for LTE. However, they vary from one carrier to another. For instance, iPhone 6s from Verizon Communications uses different bands compared with iPhone 6s from AT&T. The use of multiple bands that are often widely spaced from one another causes LTE and 3G interference from different RF sources.
Further, the report states that one challenge in the market is cyclical nature of semiconductor industry. The global millimeter wave and microwave RF transceiver chip market is highly dependent on the sales of electronic devices. The fluctuations in the demand for electronic products, such as consumer electronic devices and mobile devices, make it difficult to forecast the demand in the semiconductor market. This results in either an oversupply or undersupply of transceiver chips. Demand fluctuations in the market are unavoidable and may result in inventory pileup in the supply chain, delayed time to market, and reduced profitability of vendors operating in the market. Thus, cyclical variations in demand in end-user markets and industry-wide supply fluctuations pose serious challenges to the growth of the market.
Broadcom, MediaTek, Microchip Atmel, Qorvo, Qualcomm Technologies, Skyworks Solutions, Analog devices, Cisco, GCT Semiconductor, Lime Microsystems, Microsemi, NVIDIA, NXP Semiconductors, Phi Microtech, Silicon Motion, Spreadtrum Communications, STMicroelectronics, and Texas Instruments.
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