TechNavio recognizes the following companies as the key players in the Global Wireless Semiconductor Market: Qualcomm Inc., Texas Instruments Inc., and Broadcom Corp.
Commenting on the report, an analyst from TechNavio’s Hardware team said: ”Wireless semiconductor IC vendors are focusing more on the production of low-power ICs. This is mainly because of the demand for energy-conserving electronic products. Customers prefer devices and equipment with optimized power specifications. In order to keep up with the trend, wireless semiconductor IC manufacturers have deep-dived into the production of low-power ICs. In particular, the success of electronic gadgets such as smartphones and iPads has increased the demand for low-power ICs in the market.”
According to the report, the major factor driving the growth of the Global Wireless Semiconductor market is the rapid development in the Smartphone, Mobile Phone, Tablet PCs, and Other Electronic Gadgets segments. Moreover, the demand for these ICs in various segments such as Consumer, Automotive, and Industrial is driving the growth of this market further.
Further, the report states that the key challenge faced by the Global Wireless Semiconductor market is providing high-precision ICs at an affordable price. The challenge for the leading players in providing ICs at competitive rates with the regional players is the heavy investment involved in manufacturing these ICs with international standards.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are as STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., MediaTek Inc., Freescale Semiconductor Inc., RF Micro Devices Inc., and CSR plc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-wireless-semiconductor-market-20…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Hardware market research, please visit https://www.technavio.com/hardware
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