Strategy Analytics: RF GaN Revenue Pushes Past $1 Billion in 2020

Base Station and Defense Applications Lead the Way

BOSTON--(BUSINESS WIRE)-- Revenue from RF GaN-enabled devices experienced another year of fast growth, increasing by close to 30 percent in 2020 to cross the $1 billion barrier for the first time. The Strategy Analytics Advanced Semiconductor Applications (ASA) and Advanced Defense Systems (ADS) report “RF GaN Device Market Forecast: 2020-2025” identifies base station and defense applications as the prime drivers for this RF GaN revenue growth. The report forecasts that the long-term prospects for RF GaN revenue growth look good, with 5G base station and defense applications pushing revenue to almost $2 billion in 2025.

“Base stations continue to be the largest and fastest growing opportunity for RF GaN revenue,” noted Eric Higham Director of the Advanced Semiconductor Applications (ASA) and Advanced Defense Systems (ADS) services. “Last year saw Huawei continue their aggressive buying patterns for base station deployments in China as a buffer to US trade sanctions.” He went on to say, “We may see some short-term volatility depending on China’s 5G deployment plans, but the fundamentals for RF GaN devices in commercial and defense applications remain strong and I expect revenue to approach $2 billion by 2025.”

Source: Strategy Analytics, Inc.

About Strategy Analytics

Strategy Analytics, Inc. is a global leader in supporting companies across their planning lifecycle through a range of customized market research solutions. Our multi-discipline capabilities include: industry research advisory services, customer insights, user experience design and innovation expertise, mobile consumer on-device tracking and business-to-business consulting competencies. With domain expertise in: smart devices, connected cars, intelligent home, service providers, IoT, strategic components and media, Strategy Analytics can develop a solution to meet your specific planning need. For more information, visit us at www.strategyanalytics.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20210518005124/en/

Eric Higham, +1 617 614 0721, [email protected]

Source: Strategy Analytics

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