Fifth Generation (5G) Radio Frequency (RF) Transceiver Market Report 2025

This Fifth Generation (5G) Radio Frequency (RF) Transceiver Market report delivers an in-depth analysis of the market’s key characteristics, including size, growth potential, and segmentation. It provides a detailed breakdown of the market across major regions and leading countries, highlighting historical data and future growth projections. The report also examines the competitive landscape, market share insights, emerging trends, and strategic developments shaping the market.

The fifth generation (5G) radio frequency (RF) transceiver market size has grown exponentially in recent years. It will grow from $9.09 billion in 2024 to $11.06 billion in 2025 at a compound annual growth rate (CAGR) of 21.7%. The growth during the historic period can be attributed to factors such as the increased demand for high-speed data, the rise of IoT devices, the growing need for low-latency applications, the expansion of smart cities and connected infrastructure, the development of autonomous vehicles, the rise in data consumption from video streaming, the need for improved network capacity and efficiency, and regulatory support for new spectrum allocations.

The fifth generation (5G) radio frequency (RF) transceiver market size is expected to see exponential growth in the next few years. It will grow to $24.09 billion in 2029 at a compound annual growth rate (CAGR) of 21.5%. The growth in the forecast period can be attributed to factors such as the increasing adoption of augmented and virtual reality, the demand for ultra-reliable low-latency communication, the rise in smart manufacturing and industrial automation, the growth of 5G standalone architecture, the expansion of smart home and connected device ecosystems, the demand for high-speed internet in underserved markets, and the growth of edge computing and cloud services. Major trends expected in this period include advancements in massive MIMO (Multiple-Input, Multiple-Output) technology, beamforming developments, the integration of AI and machine learning in signal processing, the development of mmWave frequencies, the adoption of software-defined radio, advanced power amplification techniques, enhanced channel coding and modulation schemes, the use of small cell networks, the deployment of millimeter-wave (mmWave) bands, and the integration of 5G with 6G research initiatives.

The growing demand for high-speed internet connectivity is anticipated to drive the expansion of the 5G RF transceiver market. This surge in demand is driven by factors such as increased streaming, remote work, the rise of IoT devices, the development of smart cities, and data-intensive applications. 5G RF transceivers are critical for enabling high-speed connectivity in 5G networks as they can handle higher frequencies, facilitate faster data transfers, and support advanced technologies such as beamforming and massive MIMO to improve network performance and efficiency. For example, in March 2023, the UK’s Office of Communications (Ofcom) reported that the average download speed for home broadband connections in the UK had increased to 65.3 Mbit/s, up 10% from March 2022. This increasing demand for high-speed internet is expected to further fuel the growth of the 5G RF transceiver market.

Companies in the 5G RF transceiver market are focusing on developing advanced solutions, including 5G network emulation platforms, to streamline the testing and optimization of 5G RF components. These network emulation platforms simulate real-world 5G network conditions, allowing for the evaluation and fine-tuning of RF transceivers and other 5G components before they are deployed. For instance, in February 2023, Keysight Technologies launched the E7515R solution, part of its 5G network emulation platform. The solution is designed for 5G RedCap and supports all Cellular IoT technologies by emulating real-world 5G network conditions to test the performance, reliability, and compliance of 5G RF transceivers with industry standards.

In February 2024, Qorvo Inc., a US-based semiconductor solutions provider, acquired Anokiwave Inc. for $94 million. This acquisition allows Anokiwave’s team to join Qorvo’s High Performance Analog (HPA) division, where they will continue to develop beamformers and IF-RF solutions for applications in defense phased array systems, AESA radar, electronic warfare, satellite communications, and 5G. Anokiwave is a US-based company specializing in advanced silicon RFICs for 5G mmWave transceivers and active antenna systems.

Major players in the fifth generation (5g) radio frequency (rf) transceiver market are Huawei Technologies Co. Ltd., Taiwan Semiconductor Manufacturing Company Limited, Intel Corporation, Cisco Systems Inc., Qualcomm Technologies Inc., Broadcom Inc., Fujitsu Limited, Ericsson, Nokia Corporation, Texas Instruments Incorporated, MediaTek Inc., STMicroelectronics NV, Infineon Technologies AG, NXP Semiconductors N.V., Murata Manufacturing Co. Ltd., Analog Devices Inc., Renesas Electronics Corporation, On Semiconductor Corporation, Skyworks Solutions Inc., Keysight Technologies Inc., Qorvo Inc., Marvell Technology Inc., Rohde & Schwarz GmbH & Co. KG, Lumentum Operations LLC, NEC Corporation, Maxlinear Technologies Pvt Ltd., Anritsu Corporation, Spirent Communications plc, Samsung Electronics Co. Ltd., and ZTE Corporation.

North America was the largest region in the fifth generation (5G) radio frequency (RF) transceiver market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in fifth generation (5G) radio frequency (RF) transceiver report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the fifth generation (5G) radio frequency (RF) transceiver market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A fifth-generation (5G) radio frequency (RF) transceiver is a device that transmits and receives radio frequency signals for 5G wireless communication, enabling high-speed data transfer and seamless connectivity. These transceivers support multiple frequency bands, which helps improve network efficiency and connectivity.

The main components of a 5G RF transceiver include the transmitter, receiver, duplexer, and other related elements. The transmitter is a critical component that converts electrical signals into radio frequency (RF) signals and transmits them over the air. The various technologies used in these transceivers include sub-6 GHz, millimeter wave (mmWave), massive MIMO (multiple-input, multiple-output), and beamforming, which operate across different frequency bands such as sub-6 GHz and mmWave. These 5G transceivers are used in applications such as smartphones, base stations, IoT devices, and automotive systems, serving a wide range of end-users including telecommunications, automotive, consumer electronics, and industrial sectors.

The fifth generation (5G) radio frequency (RF) transceiver market research report is one of a series of new reports that provides fifth generation (5G) radio frequency (RF) transceiver market statistics, including fifth generation (5G) radio frequency (RF) transceiver industry global market size, regional shares, competitors with a fifth generation (5G) radio frequency (RF) transceiver market share, detailed fifth generation (5G) radio frequency (RF) transceiver market segments, market trends and opportunities, and any further data you may need to thrive in the fifth generation (5G) radio frequency (RF) transceiver industry. This fifth generation (5G) radio frequency (RF) transceiver market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The fifth generation (5G) radio frequency (RF) transceiver market consists of sales of radio frequency (RF) transceiver components, modules, antennas, power amplifiers, filters, and integrated circuits. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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