Technology
Radio Frequency Filters Market size is set to grow by USD 9.23 billion from 2024-2028, High proliferation of mobile computing devices to boost the market growth, Technavio
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7 months agoon
By
NEW YORK, June 14, 2024 /PRNewswire/ — The global radio frequency filters market size is estimated to grow by USD 9.23 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 16.04% during the forecast period. High proliferation of mobile computing devices is driving market growth, with a trend towards increasing deployment of 5G. However, cyclical nature of semiconductor industry poses a challenge. Key market players include Akoustis Technologies Inc., Analog Devices Inc., Anatech Electronics Inc., Avnet Inc., Broadcom Inc., Crystek Corp., CTS Corp., KYOCERA Corp., Microwave Filter Company Inc. , Molex LLC, Murata Manufacturing Co. Ltd., NuWaves RF Solutions, Qorvo Inc., Qualcomm Inc., Quantic Corry, RF Lambda, Scientific Components Corp., Smiths Group Plc, STMicroelectronics International N.V., and Spectrum Control Microelectronics Ltd..
Get a detailed analysis on regions, market segments, customer landscape, and companies – View for the snapshot of this report
Forecast period
2024-2028
Base Year
2023
Historic Data
2018 – 2022
Segment Covered
Application (Cellular devices, GPS devices, Tablets, and Others), Technology (SAW and BAW), and Geography (APAC, Europe, North America, Middle East and Africa, and South America)
Region Covered
APAC, Europe, North America, Middle East and Africa, and South America
Key companies profiled
Akoustis Technologies Inc., Analog Devices Inc., Anatech Electronics Inc., Avnet Inc., Broadcom Inc., Crystek Corp., CTS Corp., KYOCERA Corp., Microwave Filter Company Inc. , Molex LLC, Murata Manufacturing Co. Ltd., NuWaves RF Solutions, Qorvo Inc., Qualcomm Inc., Quantic Corry, RF Lambda, Scientific Components Corp., Smiths Group Plc, STMicroelectronics International N.V., and Spectrum Control Microelectronics Ltd.
Key Market Trends Fueling Growth
The Radio Frequency Filters Market is anticipated to grow significantly due to the deployment of 5G networks. With the implementation of massive MIMO antenna systems and higher frequencies, the need for advanced filter technologies becomes crucial to mitigate mobile data traffic. Complex multiplexing from carrier aggregation will increase the demand for an increased number of filters, driving market growth during the forecast period. Vendors like Akoustis Technologies Inc. are already enhancing their 5G infrastructure portfolios to cater to this demand.
The Radio Frequency Filters market is experiencing significant growth, with key players focusing on advanced technologies. Five-G networks are driving demand for new filter designs, particularly plate filters and SAW filters. These filters improve signal quality and reduce interference. Devices and components, such as antennas and transponders, require these filters for optimal performance.
The market is competitive, with companies investing in research and development to meet the increasing demand for high-performance filters. Market size and growth rate are important trends to watch in this sector. Additionally, the use of piezoelectric and electromechanical filters is increasing due to their small size and high efficiency. Overall, the Radio Frequency Filters market is an essential component of modern communication systems and will continue to evolve with technological advancements.
Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report
Market Challenges
The radio frequency filters market experiences cyclical trends due to the semiconductor industry’s dependence on end-market demand for electronic devices. Unpredictable sales of laptops and other consumer electronics impact semiconductor production, leading to inventory fluctuations. Vendors must balance supply and demand, which may hinder market growth during the forecast period. OEMs’ reliance on RF components in mass-market devices with seasonal cycles further complicates this challenge.The Radio Frequency Filters market faces several challenges. One major challenge is the need for high-performance filters in various applications, such as telecommunications, military, and consumer electronics. These filters must meet strict specifications for frequency selectivity, power handling, and size. Another challenge is the increasing use of miniaturized components and the need for filters that can be integrated into smaller form factors.Additionally, the market must contend with the constant evolution of radio frequency technologies and the need to develop filters that can adapt to new standards and requirements. Furthermore, cost and manufacturing efficiency are key considerations, as filters can represent a significant portion of the total cost of electronic systems. Finally, the market must address the growing demand for sustainable and eco-friendly filter solutions, as concerns over the environmental impact of electronic waste continue to mount.
For more insights on driver and challenges – Download a Sample Report
Segment Overview
Application 1.1 Cellular devices1.2 GPS devices1.3 Tablets1.4 OthersTechnology 2.1 SAW2.2 BAWGeography 3.1 APAC3.2 Europe3.3 North America3.4 Middle East and Africa3.5 South America
1.1 Cellular devices- The LTE network expansion and the emergence of 5G networks will drive the demand for advanced radio frequency filters. Qorvo Inc.’s investment in high-frequency spectrum filters with carrier aggregation and MIMO technology is a significant development. Telecom companies’ focus on 5G network rollouts and cellular device manufacturers’ response with new 5G devices further boost the 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
In the mobile phone environment and automotive vehicles, the use of social networking applications and wireless devices has led to an increased demand for reliable radio frequency filters. These filters play a crucial role in the wireless communication chain by selectively allowing or blocking signals based on their frequency. High-frequency electronic circuits, such as engine management systems and ignition systems, generate unwanted radio frequencies that can interfere with other wireless devices.
Filter technology, including low pass filters and band pass filters, is essential in mitigating interference and ensuring the reliable transmission and reception of signals. Millimetre wave and Extremely High Frequency (EHF) radio communication systems operate in the gigahertz and megahertz range, making electronic filters a critical component in their design. The passband and stopband characteristics of these filters determine their ability to pass desired signals while blocking undesirable ones.
Market Research Overview
The Radio Frequency Filters Market encompasses the production, sales, and installation of filters used to selectively allow or block specific radio frequencies. These filters are essential in various industries, including telecommunications, military, and consumer electronics. The market is driven by the increasing demand for advanced communication systems and the proliferation of wireless technologies.
The filters are designed using various materials such as ceramics, metals, and polymers, and employ different technologies like bandpass, high-pass, and low-pass filters. The market is expected to grow significantly due to the rising adoption of Internet of Things (IoT) devices and the increasing use of radio frequency identification (RFID) technology.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
ApplicationCellular DevicesGPS DevicesTabletsOthersTechnologySAWBAWGeographyAPACEuropeNorth AmericaMiddle East And AfricaSouth America
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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MRO Starts 2025 Strong with Top CEO Award, Major Client Wins, and Record-Breaking Growth
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Latest successes underscore MRO’s legacy and leadership in clinical data exchange, setting the stage for another milestone year.
NORRISTOWN, Pa., Jan. 15, 2025 /PRNewswire/ — MRO Corp. (MRO), the leading clinical data exchange company in healthcare, is pleased to announce its CEO, Jason Brown, was named one of The Top 50 Healthcare Technology CEOs of 2024, following several years of client expansion and growth.
This year’s Top CEO list features individuals whose leadership has been a driving force behind some of the most significant advancements in healthcare. MRO’s Jason Brown is one of those CEOs who has inspired his team to push boundaries, fostering a culture of innovation and transformative breakthroughs. This year’s awardees were selected through a methodical nomination process and careful consideration of each candidate’s career track record and industry contributions.
Over the last three years since Jason became CEO of MRO, the organization has experienced remarkable organic growth and innovation.
“Technological innovation has been pivotal in driving our impressive results and our growth trajectory,” said Jason Brown. “MRO is undergoing a digital transformation, and as part of that transformation, we are enhancing every facet of our business to better serve our clients. This strategic utilization of technology combined with our world class services has enabled us to support our clients’ goals of exchanging secure, high quality, low latency clinical data at scale.”
MRO is also pleased to announce a record number of new client partnerships. These include one of the nation’s largest Catholic health systems and a provider-sponsored health plan, backed by a top five US research hospital, according to Statista’s World’s Best Hospitals 2024.
Just as the organization has for the last 23 years, MRO continues to support hospitals and health systems in protecting revenues and simplifying the exchange of information with patients and third-party requesters to reduce risk, increase compliance, and introduce new efficiencies. Additionally, MRO has expanded its solutions portfolio.
MRO successfully launched three new solutions in 2023 and 2024. These innovative solutions unlock new market opportunities for MRO while also deepening relationships with existing clients and further solidifying the organization’s position in the healthcare technology industry overall.
Today, MRO partners with 1,200 hospitals, 35,000 clinics, 78 Accountable Care Organizations and works with the top 50 payers in the US. These partnerships are vital as MRO continues to accelerate clinical data exchange between providers, payers and patients.
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About MRO
MRO is accelerating the exchange of clinical data throughout the healthcare ecosystem on behalf of providers, payers, and users of clinical data. By utilizing industry-leading solutions and incorporating the latest technology, MRO facilitates the efficient management and exchange of clinical data for all stakeholders. With a 23-year legacy, MRO brings a technology-driven mindset built upon a client-first service foundation and a relentless focus on client excellence. For more information on how MRO is empowering healthcare organizations of every type and scale with proven, enterprise-wide clinical data solutions, visit www.mrocorp.com.
Press contact information:
Stephanie Kindlick
MRO
(610) 994-7500, ext. 1353
skindlick@mrocorp.com
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SOURCE MRO
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Happiest Minds collaborates with Coca-Cola Beverages Vietnam to deploy an innovative GenAI conversational interface
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In a consultative approach, Happiest Minds collaborated closely with the strategic team at Coca-Cola Beverages Vietnam during a discovery phase. This phase aimed to comprehensively understand the business requirements and explore how GenAI could effectively support them in achieving their goals.
Coca-Cola Beverages Vietnam presented two business cases necessitating technology transformation to enhance organizational productivity and operational efficiency.
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Forward-Looking Statements
This press release includes estimates and statements which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events that may not prove to be accurate. Our estimates and forward-looking statements are mainly based on our current expectations and estimates of future events and trends, which affect or may affect our business and operations. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. Those future events and trends may relate to, among other things, developments relating to the war in Ukraine and escalation of the war in the surrounding region, political and civil unrest or military action in the geographies where we conduct business and operate, difficult conditions in global capital markets, foreign exchange markets and the broader economy, and the effect that these events may have on client demand and our revenues, operations, access to capital, and profitability. Other factors that could cause actual results to differ materially from those expressed or implied include general economic conditions, the risk factors discussed in the Company’s most recent Annual Report on Form 10-K and the factors discussed in the Company’s Quarterly Reports on Form 10-Q, particularly under the headings “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” and other filings with the Securities and Exchange Commission. Although we believe that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made based on information currently available to us. EPAM undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities law.
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