Market Research

How is Growing Adoption of Smartphones Driving Radio Frequency (RF) Transceiver Market?

Jul 10, 2020 8:00 PM ET

iCrowd Newswire – Jul 10, 2020

No other device has gained popularity like mobile phones, since their development. These days, the number of people who don’t own a mobile phone, or more precisely smartphones, is very low. The number of smartphones sold to consumers in 2018 was about 1.56 billion units, which was a considerable rise from 680 million units in 2012. According to these figures, more than 28% of the world’s population owned a smartphone in 2018, and the number is predicted to rise up to 37% by 2020. Because of this rising requirement for cell phones, the demand for radio frequency (RF) transceivers is increasing as well.

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A device which is integrated with both a receiver and a transmitter, in a single module, is referred to as a transceiver. So, a device that transmits and receives RF signals is called a transceiver. The major application of this device is to make information, in the form of video/data/voice, suitable for transmission over the wireless medium. According to P&S Intelligence, the global RF transceiver market is projected to attain a value of $18.5 billion by 2024, which is a significant increase from the generated revenue of $9.8 billion in 2018. Additionally, the industry will advance at an 11.6% CAGR during the forecast period (2019–2024).

The objective of this research includes;

Historical and the present size of the RF transceiver market

  • Future potential of the market through its forecast for the period 2020– 2030
  • Historical and the present size of the market segments and understand their comparative future potential
  • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
  • Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders
  • Major players operating in the gene therapy market and their service offerings
  • Recent strategic developments by the major players in the market

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The various types of RF transceivers are 2G, 3G, 4G, and 5G transceivers. The 5G technology is gaining traction rapidly, and a number of industries and businesses are offering products or technologies which are bound to make use of 5G-intensive networks. Regions including Europe and North America are expected to register a wide adoption of 5G in the near future, which is ascribed to the heavy investments in the deployment of the 5G technology. These factors are expected to result in a rising utilization of 5G transceivers during the forecast period. In addition to mobile devices, RF transceivers also find applications in embedded modules, networking equipment, and add-on cards.

The research includes detailed analysis of;

Market Segmentation by Design

  • Single Chip Transceiver
  • Standalone Chip Transceiver

Market Segmentation by Type

  • 5G Transceiver
  • 4G Transceiver
  • 3G Transceiver
  • 2G Transceiver


Market Segmentation by Application

  • Mobile Devices
  • Networking Equipment
  • Add-on-Cards
  • Embedded Modules


Market Segmentation by Vertical

  • Consumer Electronics
  • Telecommunications
  • Cable/Broadcasting
  • Aerospace
  • Military & Defense
  • Healthcare

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