Strategy Analytics: Despite the Pandemic, GaAs Device Revenue Bounces Back in 2020
After 2019 saw the first decline in more than a decade, RF GaAs device revenue returned to growth in 2020.
- After 2019 saw the first decline in more than a decade, RF GaAs device revenue returned to growth in 2020.
- The Strategy Analytics Advanced Semiconductor Applications (ASA) report RF GaAs Device Technology and Market Forecast: 2020 - 2025 identifies 5G devices and networks as the primary reason for this growth.
- The report does go on to forecast that growth will resume, with RF GaAs device revenue approaching $9.5 billion by 2025.
- Wider deployment of millimeter wave-capable 5G handsets and networks will be the main contributors to future RF GaAs device revenue growth.