Strategy Analytics: 5G Growing Rapidly Despite Component Shortages

High Growth in Filters, Power Amps, Millimeter Wave for 5G Devices

BOSTON--()--According to the latest research from Strategy Analytics, radio component revenue reached an all-time high in 2020 and strong growth will continue.

The market for radio components used in cellular user equipment grew in 2020 despite the COVID-19 pandemic, and will continue to grow through 2025, as outlined in: “Cellular UE Radio Component Forecast 2021 - 2025: A Robust Future Post-COVID with 5G.” The report from the Strategy Analytics RF & Wireless Components service details historical and expected sales in dollars and units by air interface and type of radio component including baseband processors, RF transceivers, power amplifiers, RF filters, switches, antenna tuners, drain modulators, tuners, and other RF front-end components.

According to Christopher Taylor, Director of RF & Wireless Components and author of the report, stated, " Despite the pandemic, RF component revenue, including baseband processors and the RF front-end (RFFE), reached an all-time high in 2020, and we predict that the cellular radio component market will grow 8 percent per year through 2025. In the wake of stagnating device shipment growth and to help counter increasing radio complexity with 5G, suppliers of RFFE component have continue to develop system-in-package modules with more capabilities, allowing companies to capture more RFFE content per design-win while making design and assembly of mobile phones easier for OEMs.”

Sravan Kundojjala, Associate Director, Handset Component Technologies, added that, " The on-going semiconductor shortages are likely to persist through 2022, validating strong underlying demand. However, mobile phone OEMs face supply constraints that could keep them from reaching full upside device sales potential this year. Semiconductor foundries including TSMC, UMC, GlobalFoundries, SMIC, Samsung Foundry and compound semiconductor foundries have responded with efforts to increase capacity as quickly as possible. Strategy Analytics predicts that robust demand for both sub-6 and mmWave 5G RF components along with new 5G opportunities beyond smartphones will drive significant cellular radio component growth over the next few years."

Source: Strategy Analytics, Inc.

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Strategy Analytics, Inc. is a global leader in supporting companies across their planning lifecycle through a range of customized market research solutions. Our multi-discipline capabilities include: industry research advisory services, customer insights, user experience design and innovation expertise, mobile consumer on-device tracking and business-to-business consulting competencies. With domain expertise in: smart devices, connected cars, intelligent home, service providers, IoT, strategic components and media, Strategy Analytics can develop a solution to meet your specific planning need. For more information, visit us at www.strategyanalytics.com.

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Service Name: RF and Wireless Component Service

Contacts

Report contacts:
European Contact: Stephen Entwistle, +44 (0)1908 423 636, sentiwstle@strategyanalytics.com
US Contact: Christopher Taylor, +1 617 614 0706, ctaylor@strategyanalytics.com
Asia Contact: Sravan Kundojjala, +44(0) 1908 423 638, skundojjala@strategyanalytics.com

Contacts

Report contacts:
European Contact: Stephen Entwistle, +44 (0)1908 423 636, sentiwstle@strategyanalytics.com
US Contact: Christopher Taylor, +1 617 614 0706, ctaylor@strategyanalytics.com
Asia Contact: Sravan Kundojjala, +44(0) 1908 423 638, skundojjala@strategyanalytics.com