Global Transceivers Market

Transceivers Market Size, Share, Growth Analysis, By Application(Telecommunications, Consumer Electronics), By Type of Transceiver(Radio Frequency, Fiber Optic) - Industry Forecast 2024-2031

Report ID: SQMIG45N2061 | Region: Global | Published Date: March, 2024
Pages: 197 | Tables: 66 | Figures: 77

Transceivers Market Dynamics

Transceivers Market Drivers

Growing Adoption of IoT Technology to Bolster market growth

  • The Internet of Things (IoT) is driving the demand for connected devices, which require wireless communication. Transceivers are essential components in IoT devices, which is driving the growth of the transceivers market.
  • With the growing demand for wireless communication technologies, such as Wi-Fi, Bluetooth, and cellular networks, the demand for transceivers is also increasing.

Transceivers Market Restraints

Security concerns to Hinder market growth

  • The use of wireless communication technologies, such as those enabled by transceivers, can also raise concerns about data security and privacy, which may limit their adoption in certain industries or by some consumers.
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FAQs

Transceivers Market size was valued at USD 10.77 billion in 2022 and is poised to grow from USD 11.65 billion in 2023 to USD 21.89 billion by 2031, at a CAGR of 8.2% during the forecast period (2024-2031).

These companies are some of the leading players in the transceivers market, with a significant presence in the development and manufacturing of transceivers for a wide range of applications and industries. ' Analog Devices, Inc. (United States)', 'Broadcom Inc. (United States)', 'Infineon Technologies AG (Germany)', 'Intel Corporation (United States)', 'Marvell Technology Group Ltd. (Bermuda)', 'Maxim Integrated Products, Inc. (United States)', 'MediaTek Inc. (Taiwan)', 'Microchip Technology Inc. (United States)', 'Murata Manufacturing Co., Ltd. (Japan)', 'NXP Semiconductors N.V. (Netherlands)', 'ON Semiconductor Corporation (United States)', 'Qorvo, Inc. (United States)', 'Qualcomm Incorporated (United States)', 'Renesas Electronics Corporation (Japan)', 'Silicon Laboratories Inc. (United States)', 'Skyworks Solutions, Inc. (United States)', 'STMicroelectronics N.V. (Switzerland)', 'Texas Instruments Inc. (United States)', 'Toshiba Electronic Devices & Storage Corporation (Japan)', 'VIA Technologies, Inc. (Taiwan)', 'Xilinx, Inc. (United States)', 'ZTE Corporation (China)'

The Internet of Things (IoT) is driving the demand for connected devices, which require wireless communication. Transceivers are essential components in IoT devices, which is driving the growth of the transceivers market.

SDRs are transceivers that can be reconfigured using software, allowing them to adapt to different communication protocols and frequency bands. As the demand for more flexible and adaptable transceivers grows, the adoption of SDRs is expected to increase.

The CAGR of the Asia-Pacific is expected to be around 10% during the forecast period. Asia-Pacific region is expected to be the dominant market for transceivers due to the increasing adoption of advanced communication technologies, such as 5G, and the growing demand for connected devices. The dominant segment in this region is expected to be the telecommunications segment, followed by the consumer electronics segment. The dominant segment in Asia-Pacific is expected to be the healthcare segment, driven by the increasing adoption of wireless medical devices.

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Global Transceivers Market

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