TMCnet News
Strategy Analytics: Cellular Applications Propel RF GaAs Revenue Past $800MAfter a relatively flat year in 2016, revenue in the RF GaAs device market grew by more than 7 percent in 2017. While a wide variety of commercial and defense applications use GaAs devices, the wireless market continues to be the dominant user of this technology. Mobile handsets will continue to define the revenue trajectory, but emerging 5G network deployments will contribute to future growth. The Strategy Analytics Advanced Semiconductor (News - Alert) Applications (ASA) service report, "RF GaAs Device Industry Forecast: 2017 - 2022," forecasts that RF GaAs revenues will push past the $9 billion milestone by the end of the forecast timeframe.
"The situation for RF GaAs growth in the defense market is different," observed Asif Anwar, Director of the Advanced Defense Systems (ADS) service. "New defense platforms and major upgrades are reaching the production phase and while the radar segment will remain the dominant application, all the defense segments will experience growth." About Strategy Analytics (News - Alert) Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20181016005753/en/ |