North America held dominant position in the global RF die products market in 2019, accounting for 34.7% share in terms of value, followed by Europe and Asia Pacific, respectively.
North America held a dominant position in the global RF die products market in 2019, and is expected to retain its dominance over the forecast period. This is attributed to the increasing number of internet users in the North America region. In 2017, according to the International Telecommunication Union (ITU), the percentage of people using internet in the U.S. and Canada was 76.1% and 91.6% respectively. This percentage is expected to increase during the forecast period. People access the internet from smart phones and WIFI routers. Wi-Fi is a registered name for RF communication. In Wi-Fi connections, RF die products such as RF transmitters and receiver are used to send or receive signals.
Asia Pacific is expected to witness the highest growth rate during the forecast period due to the growing consumer electronics industry in this region. According Coherent Market Insight analysis, Consumer Electronics Industry is Asia Pacific accounted for US$ 207, 155 Million by revenue in 2019 and expected to grow at a CAGR of 3.8% during the forecast period. RF Die Products are widely used in the electronic products such as Laptop, Cellphone and Microwaves.
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