Market revenue in 2023 | USD 37,255.2 million |
Market revenue in 2030 | USD 89,729.7 million |
Growth rate | 13.4% (CAGR from 2023 to 2030) |
Largest segment | Filters |
Fastest growing segment | RF Amplifiers |
Historical data covered | 2017 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Filters, Duplexers, RF Amplifiers, RF Switches, Modulators and Demodulators, Mixers and Synthesizers |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to radio frequency components market will help companies and investors design strategic landscapes.
filters was the largest segment with a revenue share of 23.17% in 2023. Horizon Databook has segmented the Global radio frequency components market based on filters, duplexers, rf amplifiers, rf switches, modulators and demodulators, mixers and synthesizers covering the revenue growth of each sub-segment from 2017 to 2030.
The major factors driving the growth of the radio frequency components market are rapid advances in technology and wireless communication along with an increasing adoption of consumer electronic devices such as set-top boxes, smartphones, and smart television, among others.
Further, the increasing popularity and adoption of the internet, owing to its advantages including unlimited communication, abundant information and resources, easy sharing, and online services has resulted in increased demand for consumer electronic devices, which has subsequently led to the proliferation of the wireless communication network worldwide.
Horizon Databook provides a detailed overview of global-level data and insights on the Global radio frequency components market , including forecasts for subscribers. This global databook contains high-level insights into Global radio frequency components market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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