TechNavio recognizes the following companies as the key players in the Global Semiconductors for Wireless Communication Devices Market: Broadcomm Corp., Qualcomm Inc., and Texas Instruments Inc.
Commenting on the report, an analyst from TechNavio’s team said: “The global semiconductor vendors such as Qualcomm Inc., Broadcom Corp., and Texas Instruments Inc. have already invested a considerable amount of time and money in their R&D department for the expansion of their product portfolio. Vendors in this market are increasingly investing in their R&D division to provide better functionality and to meet the unsatisfied requirements of end-consumers. The R&D investments by vendors have enabled them to capture a significant market share and gain a competitive edge over other vendors in the Global Semiconductors for Wireless Communication Devices market. Therefore, the increasing R&D spending by market vendors is a positive trend that is expected to contribute to the growth of the market during the forecast period.”
According to the report, one of the major drivers in this market is the increasing adoption of mobile phones. The increasing adoption of mobile phones, predominantly smartphones, across the globe is expected to foster the demand for semiconductors as they form an integral part of mobile phones, thereby contributing to the growth of the Global Semiconductors for Wireless Communication Devices market.
Further, the report states that one of the key challenges in this market is the cyclical nature of the semiconductor industry. The cyclical nature of the semiconductor industry has led to the fluctuating demand for semiconductors for wireless communication devices, thereby affecting sales of semiconductors.
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/report/global-semiconductors-wireless-communica…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Semiconductors for Wireless Communication Devices Market 2012-2016
