Increase in the Development of 3G and 4G Networks Propelling Growth in the Global GaAs Devices Market: Technavio Report

Renewable energy

 

London, 15 October 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global GaAs Devices Market 2014-2018, which is expected to grow at a CAGR of 3.32 percent during the period 2013-2018.

“With the increase in the development of 3G and 4G networks, the demand for GaAs devices is also expected to increase as the usage of GaAs content is most crucial for communication devices to be compatible with such networks,” says Faisal Ghaus, Vice President of TechNavio.

Key Market Drivers

  • Increase in Adoption of Smartphones
  • Increase in Design Complexity of Cellphones
  • Insatiable Demand for Data from Consumers
  • Faster Product Replacement Cycle

Key Market Trends

  • Increase in Collaborations among Vendors
  • Increase in Development of 3G and 4G Networks
  • Increase in R&D Spending by Vendors
  • Rise in Demand for Communication Devices

Key Market Vendors

  • Avago Technologies Ltd.
  • RF Micro Devices Inc.
  • Skyworks Solutions Inc.
  • TriQuint Semiconductor Inc.

To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance

https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…