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Global Wireless Semiconductor Market 2012-2016

Global wireless semiconductor market: 11% CAGR between 2012-2016


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2014-02-18 02:48:04 - Global Wireless Semiconductor Market 2012-2016 - a new market research report on companiesandmarkets.com

The Global Wireless Semiconductor market is to grow at a CAGR of 11.2 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing penetration of wireless communication networks. The Global Wireless Semiconductor market has also been witnessing the high focus on low-power ICs. However, the necessity to provide high precision and robust ICs at economic rates could pose a challenge to the growth of this market.

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.

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.

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 key vendors dominating this market space are Broadcom Corp., Qualcomm Inc., and Texas Instruments Inc. The other vendors mentioned in the report are STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., MediaTek Inc., Freescale Semiconductor Inc., RF Micro Devices Inc., and CSR plc.

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