The semiconductor device market in the communication industry is valued at USD 207.9 billion in the current year and is expected to register a CAGR of 7.5% during the forecast period to become USD 299.5 billion by the next five years.
The semiconductor device market in the Communication Industry is experiencing fluctuations due to factors such as increased consolidation, rapid technological advancements, and shifting geopolitical dynamics. In a market where sustainable competitive advantages are driven by innovation, competition is on the rise. In this context, the importance of brand identity must be addressed, given the high-quality expectations of end-users when it comes to semiconductor manufacturing.
Several major players dominate this market, including Intel Corporation, Nvidia Corporation, Kyocera Corporation, Qualcomm Technologies Inc., and STMicroelectronics NV, leading to high levels of market penetration.
In April 2023, Kyocera Corporation announced a groundbreaking development - a new capacitor (MLCC) in the EIA 0201 size category, boasting the industry's highest capacitance at 10 microfarads. The KGM03 series from Kyocera is widely used in wearable devices and smartphones. The increased capacity of these compact MLCCs empowers designers to meet system requirements with fewer components and minimal space utilization.
In June 2022, Texas Instruments extended its connectivity portfolio by introducing new wireless microcontrollers (MCUs) that offer high-quality Bluetooth Low Energy (LE) at a fraction of the cost of competitors. The SimpleLink Bluetooth LE CC2340 series leverages the company's extensive experience in wireless communication and delivers best-in-class standby current and radio-frequency (RF) performance.
March 2022 saw Analog Devices Inc. introduce a millimeter-wave (mmW) 5G front-end chipset designed to cover the necessary frequency bands. This innovation enables designers to simplify their designs and bring smaller and more versatile 5G radios to the market faster. The chipset consists of four highly integrated ICs, offering a comprehensive solution that significantly reduces the number of components required for 24 to 47GHz 5G radios.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook