RF Transceiver Market Technological Advancements, and Evolving Industry Trends

Posted by Devanshu Shrivastava on June 8th, 2021

In terms of design, RF transceivers are classified into single-chip and standalone-chip transceivers. Between these, the sales of the single-chip transceivers were observed to be higher in the years gone by. These transceivers consume lesser power than the standalone-chip ones and were thus, extensively used for low-voltage operations in wireless devices. Furthermore, these transceivers are increasingly being used for telemetry communication and wireless body area network (WBAN) in the healthcare industry. 

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Mobile devices, add-on cards, embedded modules, routers, and gaming and customized devices are the major application areas of RF transceivers. Out of these, the usage of RF transceivers was found to be the highest in mobile devices in the past years, primarily because of the huge sales of these devices across the world, due to the high dependence of people on wireless communication networks. Furthermore, the mobile phones industry is growing rapidly in Asia-Pacific (APAC).

India, Japan, and China are the biggest users of mobile phones in APAC. Globally, the sales of RF transceivers were the highest in the APAC region during the last few years, and this trend is predicted to continue in the coming years as well. This is credited to the mushrooming usage of wireless communication devices, the rising popularity of the IoT technology, burgeoning requirement for video streaming, and rapid digitization in the region. 

Therefore, it is clear that the demand for RF transceivers will shoot up in the coming years, primarily because of the ballooning usage of smartphones, growing adoption of advanced mobile communication technologies such as 4G and 5G, and the soaring demand for video streaming all over the world. 

This market research report provides a comprehensive overview of the market

• Future potential of the market through its forecast for the period 2020– 2030
• Major factors driving the market and their impact during the short, medium, and long terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• 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