Millimeter Wave And Microwave Rf Transceiver Market Size Is Set To Grow By Usd 4.30 Billion From 2024-2028, Increasing Use Of Smartphones To Boost The Market Growth, Technavio

The global millimeter wave and microwave RF transceiver market is expected to grow at a CAGR of 10.49% during the forecast period, driven by the expanding IoT market and the need for high-speed wireless communications. Key players are utilizing advanced technologies and integrating AI and machine learning to offer superior features. However, challenges such as the need for advanced semiconductor technologies and the impact of trends and drivers must be addressed for continued growth.