Dublin, Nov. 24, 2022 (GLOBE NEWSWIRE) — The “RF Signal Chain Components Market by Product (Filters, Diplexers), Frequency Band (Ka Band, Ku Band), Material Type (Gallium Arsenide, Gallium Nitride), Application (Consumer Electronics, Telecom Infrastructure) and Region- Global forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.
The RF signal chain components market size is valued at USD 39.0 billion in 2022 and is anticipated to be USD 72.9 billion by 2027; growing at a CAGR of 13.3% from 2022 to 2027.
Rising demand for mobiles and smartphones
The advent of 5G technology has fueled the demand for 5G-enabled smartphones. According to Samsung, the demand for smartphones and 5G smartphones is expected to grow at a CAGR of 6% and 37%, respectively, from 2021 to 2025, due to the rising commercialization of 5G technology.
Smartphone manufacturers such as…