Strategy Analytics: Despite the shortage of components, 5G is still growing rapidly
According to news on June 2, according to the latest report released by the market research agency Strategy Analytics, in 2020, despite the outbreak of the new crown pneumonia, the market for radio components for cellular user equipment is still growing and will continue to grow until 2025.
According to the report’s author and director of radio frequency and wireless components Christopher Taylor, “Despite the outbreak, the revenue of radio frequency components, including baseband processors and radio frequency front-ends (RFFE), will reach historical highs in 2020. We predict that by 2025, cellular radio The component market will grow at an annual rate of 8%. After the growth of equipment shipments has stagnated, to help cope with the increasing radio complexity of 5G, RFFE component suppliers continue to develop packaged module systems with more functions, allowing companies to Capture more RFFE content in this design victory, while making it easier for OEMs to design and assemble mobile phones."
Sravan Kundojjala, deputy director of cell phone component technology, added: "The ongoing semiconductor shortage may continue until 2022, which confirms strong potential demand. However, mobile phone manufacturers are facing supply constraints and may not be able to fully realize their mobile phone sales potential this year. Including TSMC Semiconductor foundries, including UMC, UMC, GlobalFoundries, SMIC, Samsung foundries and compound semiconductor foundries, are all increasing their production capacity as soon as possible."
Strategy Analytics predicts that strong demand for sub-6 and mmWave 5G RF components, as well as new 5G opportunities beyond smartphones, will drive significant growth in cellular wireless components in the next few years.
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