Rf Ic Market Present Scenario and Growth Prospects 2016-2020

The 2016-2020 RF IC Market report covers the market landscape and its growth prospects over the coming years. The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes a discussion of the key vendors operating in this market.

Complete report available on http://www.rnrmarketresearch.com/global-rf-ic-market-2016-2020-market-report.html .

RF IC's are the building blocks for components that enable long-range connectivity such as LTE networks and short-range connectivity such as Bluetooth and Wi-Fi in the computing devices. RF ICs are mainly used in devices that perform the functions such as amplification, frequency conversion, and signal filtering. RF IC has become one of the key components in the wireless infrastructure, due to its high reliability and operating frequencies.

The analysts forecast global RF IC market to grow at a CAGR of 11.56% during the period 2016-2020. RF ICs are used for manufacturing components such as power amplifiers, transceivers, Wi-Fi chips, Bluetooth chips, near-field communication (NFC), and others. With growing demand for wireless infrastructure, RF ICs have witnessed huge demand. Transceivers and power amplifiers are the major revenue contributing products in the market due to their increased demand from smartphone and tablet manufacturers. The increasing penetration of LTE networks globally is compelling the device manufacturers to integrate number of RF ICs, which is expected to fuel the market growth during the forecast period.

The report covers the present scenario and the growth prospects of the global RF IC market for 2016-2020. To calculate the market size, the report considers the revenue generated from the shipment of RF ICs globally.

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