A modem RF system is a system equipped with radio frequency and sometime antennas at front end. Modem RF system can be designed for providing network connectivity in the devices. The modem RF system help in longer battery life, maintaining faster speed and broad coverage of the network. The flexible property of modem RF system to provide power saving with the help of connected mode discontinuous transmission features which allows device go to sleep when no activity is going on . These features make RF model system durable for market.
The companies involved in the manufacturing of modem RF system are now focusing on maximizing the infrastructure for advance technology such as 5G, which will provide more accurate results. This development will help the modem RF system to penetrate more in the market. The modem RF system find the applications in diverse sectors such as consumer electronics, automotive, telecommunications and others
The global modem RF system market is segmented on the basis of application, end-use and region. In terms of application, the market is categorized into base station, smartphones, tablets, connected vehicles, broadband access gateway devices, and others. On the basis of end use the market is divided into DD. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
COVID-19 Scenario Analysis
The outbreak of the COVID-19 pandemic has severely affected the business of almost all industries. While the COVID-19 pandemic crisis unfolds, regulatory bodies all over the world compel to impose strict lockdown and travel bans.
Moreover, this has drastically affected the growth of the modem RF system market size.
Due to the COVID-19 pandemic, the supply chain systems were disrupted as a number of fundamental equipment and materials are profoundly dependent on imports from other countries. Furthermore, the strict instruction of the governing bodies to follow social distancing norms forced the industries to work with minimal workforce, which led to the decrease in the production rate of the industries. Thus, all these factors negatively impacted the modem RF system market.
However, after the COVID-19 pandemic, the diversified and innovative applications of modem RF system such as consumer electronics, automotive, telecommunications and others will foster the growth of the modem RF system market.
Top Impacting Factors
The major factors that impacts the growth of the modem RF system market includes emerging demand for modem RF system in consumer electronics, increase in the use of modem RF system in smartphones, tablets and other wearable devices.
Technological Advancement- Rising technological advancement in communication industry. For instance, upcoming 5G technology requires advance infrastructure for various operations such as speed and coverage for which modem-RF system deployed. Therefore, rise in technological advancement push the manufacture for better and improved modem-RF system, which help modem –RF system to penetrate more in the market.
However, some countries such as Switzerland, imposed strict rule and regulation related to the development of network infrastructure, this may restraint the market growth of the modem –RF system.
The Modem RF system Market trends are as follows:
Surge in Demand for Portable Device
Portable devices are used across the globe. Smartphones, tablets and other wearable device demand the need for cellular connectivity for which modem RF system are deployed. Modem RF system provide unlimited operator flexibility in speed with available spectrum resources and battery power efficiency in the portable devices. For instances, according to the 2016 Mobile Economy Report of the Groupe Speciale Mobile Association (GSMA), the smartphone penetration rate was increased from 63% in 2015 to 72% in 2020. Furthermore, before 2015, 2.5 billion people in developing countries access the Internet through mobile devices, so mobile data usage is expected to increase from 23% in 2015 to 37% in 2020.Thus, rise in the usage of portable devices surge the demand for modem RF system in the market.
Key Benefits of the Report
- This study presents the analytical depiction of the Modem RF system Market forecast along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Modem RF system Market share.
- The current market is quantitatively analyzed to highlight the modem RF system market growth scenario.
- Porter’s Five Forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed modem RF system market analysis based on competitive intensity and the competition that will take shape in coming years.
Questions Answered in The Modem RF System Market Research Report
- Who are the leading market players active in the Modem RF system Market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the future projections that would help in taking further strategic steps?
Modem RF System Market Report Highlights
Key Market Players
Intel Corporation, Qualcomm Incorporated, Huawei Technologies Co., Ltd, Samsung Group, Integrated Device Technology, Ericsson, Xilinx, Spreadtrum Communications (Unisoc), MediaTek Inc.Qorvo