Radio Frequency Integrated Circuit market

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Radio Frequency Integrated Circuit market
Research Report By Forecast 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Radio Frequency Integrated Circuit market
Forecast To 2023
Radio Frequency Integrated Circuit market
Forecast To 2023
Among the vertical segments consumer
elctronics, automotive, government and defense,
and others the market for consumer electronics
segment is expected to have highest market share
throughout the forecast period. The RFIC chips
also have a potential market in the automotive
industry. The vehicle-to-vehicle connection,
security technologies and automated driving
technology, all comprise of RFIC based electronic
devices. The concept of autonomous vehicles, such
as smart cars, connected cars and driverless cars
is gaining ground and thus, the application of
RFIC is expected to grow in the future. The
automotive segment is expected to grow with the
highest CAGR.
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Radio Frequency Integrated Circuit market
Forecast To 2023
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Radio Frequency Integrated Circuit market
Forecast To 2023

• The RFIC chips also have a potential market in
  the automotive industry. The vehicle-to-vehicle
  connection, security technologies and automated
  driving technology, all comprise of RFIC based
  electronic devices. The concept of autonomous
  vehicles, such as smart cars, connected cars and
  driverless cars is gaining ground and thus, the
  application of RFIC is expected to grow in the
  future. The automotive segment is expected to
  grow with the highest CAGR.

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Radio Frequency Integrated Circuit market
Forecast To 2023
Global Radio Frequency Integrated Circuit market
Segmented on the basis of
In the past few years, the Radio Frequency
Integrated Circuit market has experienced a high
growth. Various RFIC manufacturers are present in
Japan and China, which boost the market share.
China is expected to grow at the highest CAGR in
APAC region while Japan is projected to show
single digit growth rate during the forecast
period. The market size of APAC is estimated to
grow at the highest CAGR from 2018-2023, followed
by Europe.
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Radio Frequency Integrated Circuit market
Forecast To 2023
Global Radio Frequency Integrated Circuit market
- Geographical Analysis
The global Radio Frequency Integrated Circuit
market is expected to grow at a CAGR of 10.4
during the forecast period. The geographical
analysis of Radio Frequency Integrated Circuit
market is studied for North America, Europe,
Asia-Pacific, and the rest of the world
(including the Middle East, Africa, and Latin
America). North America holds the largest
market share and is expected to continue this
dominance during the forecast period. North
America has one of the most highly developed
Consumer electronics and semiconductor sectors in
countries like the US and Canada, and thus has
greater adoption of RFIC. Further to this, APAC
closely following North America in terms of
revenue generation considering APAC to be
advancing in terms of technology and its
adoption. Also, APAC has large customer base and
rapidly growing electronics and semiconductor
industry.
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Radio Frequency Integrated Circuit market
Forecast To 2023
Global Radio Frequency Integrated Circuit market
- Competitive Analysis

• The key players in the Radio Frequency Integrated
  Circuit market are identified across all the
  major regions based on their country of origin,
  presence across different regions, recent key
  developments, product diversification, and
  industry expertise. Some of them are Qualcomm
  Technologies Inc. (US), Cree, Inc. (US), Silicon
  Laboratories (US), Infineon Technologies AG
  (Germany), STMicroelectronics (Switzerland),
  Qorvo, Inc. (US), OctoTech Inc. (US), Peak RF
  (UK), Skyworks Solutions Inc. (US), Analog
  Devices, Inc. (US), NXP Semiconductors (US),
  Broadcom Inc. (US). The key strategies adopted by
  most of the players are partnerships and
  agreements, collaborations, and new product
  releases.
• Apart from the companies mentioned above, other
  companies from APAC are the key players in this
  market. These include Samsung Electronics Co
  (South Korea), Renesas Electronics Corporation
  (Japan), Kangxi Communication Technology Co. Ltd.
  (China) and others.

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