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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

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NEW YORK, June 6, 2024 /PRNewswire/ — The global millimeter wave and microwave RF transceiver market size is estimated to grow by USD 4.30 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of about 10.49% during the forecast period. The IoT market’s expansion is driving the demand for RF transceivers in millimeter wave and microwave frequencies. With an estimated 34 billion connected devices by 2023, generating 50 trillion GB of data, RF technology plays a crucial role in IoT communication. Transceivers, such as Analog Devices’ ADF7030-1, offer superior interference immunity and low power modes, making them ideal for IoT devices. This trend is expected to boost the market growth for RF transceivers during the forecast period. 

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Mobile phones, Tablets, PCs and laptops, Smart TVs, and Set-top boxes) and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

Analog Devices Inc., Broadcom Inc., Cisco Systems Inc., GCT Semiconductor Inc., Lime Microsystems Ltd., MediaTek Inc., Microchip Technology Inc., Millimeter Wave Products Inc., Norden Millimeter Inc., NVIDIA Corp., NXP Semiconductors NV, Phi Microtech Co. Ltd., Qorvo Inc., Qualcomm Inc., Renaissance Electronics and Communication LLC, Renesas Electronics Corp., RF Microtech srl, Silicon Motion Technology Corp., Skyworks Solutions Inc., and STMicroelectronics International N.V.

 

Key Market Trends Fueling Growth

The Millimeter Wave and Microwave RF Transceiver Market is experiencing significant growth due to the increasing demand for high-speed wireless communications. Technology trends include the use of 5G technology, which requires advanced transceivers to support high data rates and low latency. Common applications include autonomous vehicles, IoT devices, and military communications.

The market is competitive with key players offering advanced features such as high linearity, low power consumption, and wide bandwidth. The use of advanced semiconductor technologies and the integration of artificial intelligence and machine learning are also driving innovation in this market. The future looks bright for this industry as the demand for faster and more reliable wireless communications continues to grow. 

Market Challenges

The miniaturization trend in electronic devices has driven up transistor integration on ICs, complicating transceiver chip design and manufacturing. Vendors must invest heavily in new tools and processes to keep up with evolving device standards. Design challenges, such as clock frequency limitations, add to development costs.However, OEMs push for lower component costs, creating a market growth hurdle. Keywords: miniaturized electronic devices, transistor integration, transceiver chips, design complexity, manufacturing process, high-performance, power-efficient, evolving device standards, development costs, OEMs.The Millimeter Wave and Microwave RF Transceiver Market face several challenges. Technology requirements include high data rates, low power consumption, and small form factors. Complexity arises from the need for integration of multiple functions such as antenna arrays, power amplifiers, and filters.Cost is a significant challenge due to the high manufacturing costs of millimeter wave components. Regulatory hurdles, including spectrum availability and licensing, add to the complexity. Additionally, ensuring reliable performance in various environments and applications is essential. Overall, the market requires innovative solutions to address these challenges and drive growth.

Research report provides comprehensive data on impact of trend, driver and challenges – Download a Sample Report

Segment Overview 

Application 1.1 Mobile phones1.2 Tablets1.3 PCs and laptops1.4 Smart TVs1.5 Set-top boxesGeography 2.1 APAC2.2 North America2.3 Europe2.4 South America2.5 Middle East and Africa

1.1 Mobile phones- The millimeter wave and microwave RF transceiver market for mobile phones is projected to experience a gradual decline in Year-over-Year growth during the forecast period. This trend is primarily due to the decreasing Average Selling Price (ASP) of transceivers in smartphones and intense price competition among vendors. The global smartphone market has seen an influx of new entrants, leading to lower smartphone prices and a subsequent decrease in transceiver ASP. Despite this, the demand for transceivers is anticipated to increase with the expanding mobile phones market, driving market growth.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report

Research Analysis

The Millimeter Wave and Microwave RF Transceiver Market encompasses advanced wireless technologies, including mobile phones, tablets, Smart TVs, PCs, laptops, set-top boxes, sensors, actuators, and 5G communication systems. These transceivers operate in the millimeter wave band and radio frequencies, enabling high-bandwidth applications such as imaging, sensing, and atmospheric absorption.

The essential enabler of 5G networks, these transceivers are crucial for low-latency communication in various sectors, including autonomous vehicles, augmented reality, and telecommunication infrastructure. TG certified transceivers are increasingly being adopted for their ability to deliver lower latency and superior performance in video streaming applications. Millimeter wave and microwave RF transceivers are the backbone of wireless technologies, driving innovation and growth in the 5G era.

Market Research Overview

The Millimeter Wave and Microwave RF Transceiver Market encompasses technologies and solutions that enable wireless communication through the transmission and reception of radio frequency signals. These transceivers operate in the microwave and millimeter wave frequency bands, supporting applications such as telecommunications, radar systems, satellite communications, and automotive sensing.

The market is driven by factors like increasing demand for high-speed wireless connectivity, growing adoption of IoT devices, and advancements in semiconductor technology. Transceivers in this market offer features like high data rates, low power consumption, and compact form factors, catering to various industries and applications. The market is expected to grow significantly due to the ongoing development of 5G networks and the increasing demand for advanced sensing technologies.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationMobile PhonesTabletsPCs And LaptopsSmart TVsSet-top BoxesGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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The Great Reset, the First Photorealistic AI Film Makes History at the Cannes Film Festival

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The film produced entirely with artificial intelligence positions Spanish filmmaker Daniel H. Torrado as a pioneer in a new era of cinema.

CANNES, France, May 23, 2025 /PRNewswire/ — Following its screening at the European Film Market of the Berlin International Film Festival (Berlinale) last February, the apocalyptic sci-fi thriller ‘The Great Reset’ has been presented at the Cannes Film Festival’s Marché du Film. It is the first time that a feature film created with artificial intelligence (AI) has been presented at the world’s leading professional film market, where it has aroused significant interest among distributors and specialised media.

The work, written and directed by award-winning filmmaker Daniel H. Torrado, is both a narrative and technological milestone and positions the Spanish filmmaker as a pioneer in a new era of cinema.

The innovative impact of ‘The Great Reset’ has been recognised by the prestigious specialist magazine The Hollywood Reporter, which dedicated in its special edition on the Cannes Film Festival an article entitled ‘Spain tests the waters of artificial intelligence’. The article highlights the pioneering role of the film and especially Torrado’s participation in the advances of artificial intelligence in the audiovisual field.

It is a production of the companies Virtual World Pictures and Canary Film Factory.

The project began in 2023 with the writing of the script. Over the last year, the AI workflow has been designed and optimised, including fine-tuning of the models, to ensure full control over the creativity of the material generated. Although the entire film was computer generated, and all sets and characters were created digitally, some scenes used actors as reference for acting and dubbing.

AI was involved in all stages of production and post-production, from image and animation generation to sound design, but always with human supervision.

“We are very proud to present The Great Reset at the Cannes Film Festival’s Marché du Film, a space where the most innovative ideas in contemporary cinema converge. It will undoubtedly be a key impulse to introduce the world to this story that explores not only the narrative potential of AI, but also its ability to transform the film industry,” said Torrado.

In the film, an artificial intelligence, created from the mind of an unscrupulous hacker, sets in motion an apocalyptic plan to destroy the world in order to save the only person he has ever loved: his daughter. Faced with the collapse of humanity and the echoes of a broken past, Emma embarks on a desperate race to save the world.

Trailer: https://vimeo.com/1082697453/30033a63b9

Media Contact:
Jose Hernandez, Virtual World Pictures
***@virtualworldpictures.com
+34 604 96 44 72

Photos:
https://www.prlog.org/13076582

Press release distributed by PRLog

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SOURCE Virtual World Pictures

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GreenPower Announces Results of Annual General and Special Meeting and Appointment of Officers

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VANCOUVER, BC, May 23, 2025 /CNW/ — GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) (the “Company”), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, announces the results of the Annual General and Special Meeting (AGM) that was held today.

The shareholders elected all of management’s director nominees being Mark Achtemichuk, Fraser Atkinson, Malcolm Clay, Sebastian Giordano, David Richardson and Brendan Riley.

The shareholders also re-approved the Company’s 2022 Equity Incentive Plan and appointed BDO Canada LLP as the Company’s auditors for the ensuing fiscal year.

Following the AGM the Directors of the Company appointed the following officers of the Company for the ensuing year:  Fraser Atkinson – Chairman and Chief Executive Officer, Brendan Riley – President and Michael Sieffert – Chief Financial Officer and Corporate Secretary.

Contact

Fraser Atkinson, CEO 
(604) 220-8048

About GreenPower Motor Company Inc.
GreenPower designs, builds and distributes a full suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo vans and a cab and chassis. GreenPower employs a clean-sheet design to manufacture all-electric vehicles that are purpose-built to be battery powered with zero emissions while integrating global suppliers for key components. This OEM platform allows GreenPower to meet the specifications of various operators while providing standard parts for ease of maintenance and accessibility for warranty requirements. GreenPower was founded in Vancouver, Canada with primary operational facilities in southern California. Listed on the Toronto exchange since November 2015, GreenPower completed its U.S. IPO and NASDAQ listing in August 2020. For further information go to www.greenpowermotor.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. © 2025 GreenPower Motor Company Inc. All rights reserved.

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SOURCE GreenPower Motor Company

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Caris Life Sciences Files Registration Statement for Proposed Initial Public Offering

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IRVING, Texas, May 23, 2025 /PRNewswire/ — Caris Life Sciences® (“Caris”), a leading, patient-centric, next-generation AI TechBio company and precision medicine pioneer, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Caris has applied to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol “CAI.”

BofA Securities, J.P. Morgan and Goldman Sachs & Co. LLC will act as lead book-running managers for the proposed offering. Citigroup will also act as a book-running manager for the proposed offering. TD Cowen, Evercore ISI and Guggenheim Securities will act as additional book-running managers for the proposed offering. BTIG and Wolfe | Nomura Alliance will act as co-managers for the proposed offering.

The proposed offering will be made available only by means of a prospectus. Copies of the preliminary prospectus, when available, may be obtained from: BofA Securities, NC1-022-02-25, 201 North Tryon Street, Charlotte, North Carolina 28255, Attention: Prospectus Department or by email: dg.prospectus_requests@bofa.com; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by email: prospectus-eq_fi@jpmchase.com; or Goldman Sachs & Co. LLC, Attn: Prospectus Department, 200 West Street, New York, New York 10282 or by email: prospectus-ny@ny.email.gs.com.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Caris Life Sciences
Caris Life Sciences® (Caris) is a leading, patient-centric, next-generation AI TechBio company and precision medicine pioneer that is actively developing and commercializing innovative solutions to transform healthcare. Through comprehensive molecular profiling (Whole Exome and Whole Transcriptome Sequencing) and the application of advanced AI and machine learning algorithms at scale, Caris has created the large-scale, multimodal clinico-genomic database and computing capability needed to analyze and further unravel the molecular complexity of disease. This convergence of next-generation sequencing, AI and machine learning technologies, and high-performance computing provides a differentiated platform to develop the latest generation of advanced precision medicine diagnostic solutions for early detection, diagnosis, monitoring, therapy selection and drug development.

Caris was founded with the belief and vision that combining a vast set of consistently generated molecular information with robust data-driven insights could realize the potential of precision medicine for patients. Headquartered in Irving, Texas, Caris has offices in Phoenix, New York, Cambridge (MA), Tokyo, Japan and Basel, Switzerland. Caris or its distributor partners provide services in the U.S. and other international markets.

Caris Life Sciences Media:
Corporate Communications
CorpComm@CarisLS.com
214.294.5606

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SOURCE Caris Life Sciences

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