Emergence of 5G Networks Fueling Demand for 5G RF Transceivers

 


With the advent of 5G network and the increasing adoption of this network in several countries, the demand for 5G radio frequency (RF) transceivers is rising rapidly. The launch of 5G networks in the U.S., the U.K., and China is fueling the installation of 5G RF transceivers in base stations and telecom exchanges. For example, more than 86,000 base stations have been built in 50 Chinese cities since the launch of the 5G network in the country in 2019.

Furthermore, in China, the Ministry of Industry and Information Technology announced in April 2020 that it intends to build 500,000 5G base stations in the country in 2020. Similarly, a Swedish telecom firm called Ericsson built base stations in the U.S. in March 2020. These stations would accelerate the deployment of 5G networks in the country. Besides these factors, the increasing adoption of the internet of things (IoT) is also propelling the sales of 5G RF transceivers across the world. 

Browse detailed report - 5G RF Transceiver Market Analysis and Demand Forecast Report

Hence, with the mushrooming sales of such instruments, the global 5G radio frequency (RF) transceiver market is set to expand rapidly in the coming years. The market is predicted to exhibit a CAGR of 30.4% between 2020 and 2030 and attain a valuation of $112.0 million in 2030. There are mainly two types of transceivers used around the world namely standalone-chip transceivers and single-chip transceivers. Of these, the usage of the standalone-chip transceivers will be higher in the upcoming years.

This would be because of the fact that these transceivers consumer lesser power than the single-chip transceivers. In addition to this, these variants have the ability to work with low voltage in a wireless system. This characteristic makes these transceivers ideal for use in 5G network infrastructure. When vertical is taken into consideration, the 5G RF transceiver market is classified into consumer electronics, telecommunications, military & defense, healthcare, aerospace, and cable/broadcasting. 


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