The global radio frequency integrated circuits market is expected to grow at a CAGR of 6.7% during 2016-2022.
Among the various products, the transceiver segment accounted for largest share in the global radio frequency integrated circuits (RFIC) market in 2015.
The Wi-Fi product segment is expected to witness a considerable growth during the forecast period. The growing demand for combo RFIC in consumer electronics, including Wi-Fi, NFC, Bluetooth and GPS, is expected to boost the growth of the global market during the forecast period. The demand for standalone Bluetooth is mainly expected from automotive, printers, and wireless headsets, owing to the low cost of Bluetooth along with low power consumption of the standalone Bluetooth.
Explore the Potentials of RFIC Market at: https://www.psmarketresearch.com/market-analysis/frequency-integrated-circuits-market
From technical point of view, the improvement in sensing capacity, along with reduction in the average cost and package size of the RFICs has led to their wide adoption in the consumer electronics market. The devices, such as smartphone, smart wrist wears and other smart wearable devices have very limited space for surface area and height. Thus, the small and thin package size of RFICs is placed at higher priority by market obligation.
Some of the major companies operating in the global radio frequency integrated circuits (RFIC) market include NXP Semiconductors, Infineon Technologies AG, Qualcomm Technologies Inc., Renesas Electronics Corporation, Silicon Laboratories, STMicroelectronics N.V., TriQuint Semiconductor, Avango Technologies, and Skyworks Solutions Inc.
Browse For Related Research Visit Here: https://www.psmarketresearch.com/industry-report/semiconductor-and-electronics
About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
Company Name: P&S Market Research
Contact Person: Abhishek, Executive – Client Partner
Phone: +1-888-778-7886 (USA/Canada Toll-Free)
Address:347, 5th Ave. #1402
City: New York City
Country: United States