5G RF Transceivers Market Evaluation by Trade Segments, Share, Utility, Growth, Rising Demand, and Key Gamers – KSU
With the advent of the 5G network and the increasing acceptance of this network in several countries, the demand for 5G radio frequency transceivers is increasing rapidly. The launch of 5G networks in the US, UK and China is driving the installation of 5G RF transceivers in base stations and telecommunications exchanges. For example, more than 86,000 base stations have been built in 50 Chinese cities since the start of the 5G network in 2019.
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Of these, the consumer electronics category would see the fastest growth in the market in the years to come. The introduction of RF transceivers in consumer electronics products such as smartphones is becoming extremely necessary due to the introduction of 5G services in several countries around the world. This is the main factor behind the advancement of this category.
According to the Global System for Mobile Communications Association (GSMA), nearly 50% of 5G subscribers worldwide require higher data speeds. Because of this, the integration of 5G RF transceivers in consumer electronics is rapidly increasing. Globally, according to estimates by P&S Intelligence, an India-based research company, the 5G RF transceiver market would show the highest growth in the Asia-Pacific (APAC) region in the coming years.
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