The Business Research Company’s Radio Frequency Front End Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Radio Frequency Front End Global Market Report 2023 evaluates radio frequency front end market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global radio frequency front end market is expected to grow from 16.56 billion in 2022 to 19.21 billion in 2023 at a compound annual growth rate (CAGR) of 16%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The radio frequency front end market is expected to reach 33.15 billion in 2027 at a CAGR of 14.6%.
The increasing demand for wireless mobile connections is expected to propel the growth of the radio frequency front-end market going forward. Wireless mobile networks refer to cellular networks designed to connect to mobile devices such as smartphones, tablets, and other wireless-enabled devices. The radio frequency (RF) front end plays a vital role in enabling wireless communication, such as mobile connections between mobile devices and cellular networks, for managing the transmission and reception of radio frequency signals, ensuring reliable and efficient communication. For instance, in February 2022, according to GSM Association, a UK-based non-profit industry organization, there were 6.2 billion smartphone connections recorded in 2021, and it is expected to reach 7.5 billion connections by 2025. Therefore, the increasing demand for wireless mobile connections is driving the growth of the radio frequency front-end market.
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The radio frequency front end market segments in the report are:
1) By Type: Radio Frequency Filters, Radio Frequency Power Amplifiers, Radio Frequency Switches, Other Types
2) By Application: Smartphones, PC (Personal Computer), Tablets, Wearables, Industrial loT (Internet Of Things), Mobile Broadband, Other Applications
3) By End-User: Consumer Electronics, Automotive Systems, Wireless Networks, Military, Other End Users
The table of contents in TBRC’s radio frequency front end market report includes:
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