The demand for 5G radio frequency (RF) transceivers is also growing at a rapid pace. RF transceivers are a blend of transmitter and receiver, and while transmitting, the receiver is silenced. Both transmitter and receiver are allied with the same antenna, which is enabled by an electronic switch. This device allows wireless device to be connected to the internet for receiving and transmitting data.
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Attributed to these reasons, the global 5G RF transceiver market generated a revenue of $112.0 million in 2019 and is predicted to progress at a 30.4% CAGR during the forecast period (2020–2030). Two types of 5G RF transceivers according to design are standalone-chip transceiver and single-chip transceiver. Between these two, the demand for standalone-chip transceivers was higher in the past, which is because of the fact that these devices are able to operate in a wireless system with low voltage and utilize less power.
Different applications of 5G RF transceivers are embedded modules, base stations, radar systems, and mobile devices. Among these, the largest demand for 5G RF transceivers was created for base station applications in the past, since enhanced RF front end (RFFE) design is needed for supporting 5G in mobile phones. In addition to this, due to advanced long-term evolution-unlicensed capabilities, complex antenna architecture, expanded carrier aggregation, and higher-order modulation, the RFFE design of advanced smartphones is complex.
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Thus, 5G transceivers are being utilized in base stations for supporting higher frequency bands in RFFE designs and faster mobile broadband speeds. A number of industries make use of 5G RF transceivers, such as healthcare, consumer electronics, military &defense, telecommunications, aerospace, and cable/broadcasting. In the coming years, the consumer electronics industry is projected to make considerable use of 5G RF transceivers. Owing to the launching of 5G services by telecom services, RF transceivers are increasingly being integrated in smartphones and other consumer electronics.
