Rising Adoption of AI Is Creating Huge Positive Impact on the RF Semiconductor Market Growth
According to a study conducted by P&S Intelligence, the global radio frequency (RF) semiconductor market is predicted to reach $5.0 billion by 2030, progressing at an 8.8% CAGR during the time period 2020–2030. Some of the key factors leading to the growth of the market are increasing adoption of the internet of things (IoT) technology and rising demand for smart phones. In terms of component, the market is divided into tuners, power amplifiers, low-noise amplifiers, filters, switches, and other.
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