Technology
Gallium Arsenide Components Market size is set to grow by USD 3.51 billion from 2024-2028, Rising adoption of smartphones and tablets boost the market, Technavio
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11 months agoon
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NEW YORK, July 2, 2024 /PRNewswire/ — The global gallium arsenide components market size is estimated to grow by USD 3.51 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.3% during the forecast period. Rising adoption of smartphones and tablets is driving market growth, with a trend towards increasing adoption of 4G and 5G networks. However, availability of alternative devices poses a challenge. Key market players include Analog Devices Inc., AXT Inc., Broadcom Inc., CMK Ltd., DOWA Electronics Materials Co. Ltd., Edmund Optics Inc., Freiberger Compound Materials GmbH, Furukawa Denshi Co. Ltd., Hanergy Thin Film Power EME BV, II VI Inc., Logitech Ltd., MACOM Technology Solutions Inc., Murata Manufacturing Co. Ltd., NXP Semiconductors NV, Qorvo Inc., Reade International Corp., Skyworks Solutions Inc., Sumitomo Electric Industries Ltd., Umicore SA, and Western Minmetals SC Corp.
Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report
Gallium Arsenide Components Market Scope
Report Coverage
Details
Base year
2023
Historic period
2018 – 2022
Forecast period
2024-2028
Growth momentum & CAGR
Accelerate at a CAGR of 6.3%
Market growth 2024-2028
USD 3518.2 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
5.83
Regional analysis
APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution
APAC at 79%
Key countries
South Korea, China, US, India, and Taiwan
Key companies profiled
Analog Devices Inc., AXT Inc., Broadcom Inc., CMK Ltd., DOWA Electronics Materials Co. Ltd., Edmund Optics Inc., Freiberger Compound Materials GmbH, Furukawa Denshi Co. Ltd., Hanergy Thin Film Power EME BV, II VI Inc., Logitech Ltd., MACOM Technology Solutions Inc., Murata Manufacturing Co. Ltd., NXP Semiconductors NV, Qorvo Inc., Reade International Corp., Skyworks Solutions Inc., Sumitomo Electric Industries Ltd., Umicore SA, and Western Minmetals SC Corp.
Market Driver
The global market for Gallium Arsenide (GaAs) components is poised for significant growth due to the widespread adoption of high-speed Internet connectivity. With the phase-out of 2G and 3G networks and the increasing focus on 4G and 5G technologies, the demand for GaAs components in smartphones, tablets, and other communication devices is expected to increase substantially. 5G technology, which is currently in development, will offer faster data speeds and improved performance, leading to higher sales volumes for GaAs components. Major countries, including the US, Japan, and South Korea, are expected to be early adopters of 5G technology, further boosting the market growth.
The Gallium Arsenide components market is experiencing significant growth, with technologies such as telecommunications, optoelectronics, and military applications driving demand. The use of GaAs in high-frequency applications, like radio frequency (RF) and microwave technologies, is increasing due to its superior performance. The semiconductor industry is also investing in GaAs for its use in power electronics and solar cells. The increasing demand for GaAs components is also due to their high efficiency, excellent thermal conductivity, and high electron mobility. The market for GaAs components is expected to continue its upward trend in the coming years.
Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report
Market Challenges
The GaAs components market faces challenges from emerging alternatives such as GaN, SiGe, LDMOS, and CMOS devices. GaN and LDMOS are used in power amplifiers, while SiGe is preferred in low-noise applications. CMOS is gaining popularity in entry-level phones and is expected to expand into smartphones. High-power RF semiconductor devices demand substrates with high thermal conductivity, which GaAs cannot provide. GaN substrates are used instead for high-voltage applications. These factors are expected to limit the growth of the GaAs components market during the forecast period.The Gallium Arsenide components market faces several challenges in the semiconductor industry. The high cost of production and complexity in manufacturing are major hurdles. The demand for these components is increasing due to their superior properties in telecommunications, optoelectronics, and radio frequency applications. However, the competition from other semiconductor materials, such as silicon, is intense. The need for advanced technologies and processes to improve efficiency and reduce costs is crucial. Defects and impurities in the raw materials and manufacturing processes also pose challenges. The market requires continuous research and development to address these issues and maintain competitiveness.
For more insights on driver and challenges – Request a sample report!
Segment Overview
This gallium arsenide components market report extensively covers market segmentation by
Type 1.1 LEC grown GaAs1.2 VGF grown GaAsApplication 2.1 Mobile devices2.2 Wireless communication2.3 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa
1.1 LEC grown GaAs- The LEC-grown GaAs segment led the gallium arsenide components market in 2023, driven by advancements in wireless communication, satellite technology, and other wireless networks. This segment’s dominance is attributed to the semiconductor industry’s high usage of semi-insulating GaAs single crystals. Benefits such as scalability, effectiveness, temperature reduction, carbon content control, and good insulation properties make LEC-grown GaAs an attractive choice. These advantages, coupled with the expanding semiconductor sector, are expected to boost demand for LEC-grown GaAs and fuel market growth throughout the forecast period.
For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report
Research Analysis
The Gallium Arsenide (GaAs) components market encompasses the production and supply of various optoelectronic devices and semiconductor ICs, including Laser Diodes, Light Emitting Diodes, and Microwave Integrated Circuits. These components find extensive applications in the Aerospace Industry, Electronics Industry, and Communications Industry, particularly in the development of 5G Networks and 5G Wireless Communication systems. GaAs is a preferred semiconductor material due to its superior electrical and optical properties, making it ideal for Power Amplifiers, Low Noise Amplifiers, Filters and Duplexers, RF Mixers, Switches, and other frequency-related components. Operating at various frequencies and with different voltage requirements, these components are manufactured using advanced technologies like Plasma Etching and VGF Technology. The wafer size used in the production process varies depending on the specific application and component design.
Learn and explore more about Technavio’s in-depth research reports
The global Front End of the Line Semiconductor Equipment Market is experiencing robust growth due to the increasing demand for advanced semiconductors in various industries. Concurrently, the global Semiconductor IP Market is expanding, driven by the need for efficient and cost-effective semiconductor design solutions. Additionally, the Magneto Resistive RAM (MRAM) Market is gaining traction as MRAM technology offers significant advantages in terms of speed, endurance, and power efficiency. These trends highlight the dynamic nature of the semiconductor industry, underscoring the critical role of innovative technologies in shaping the future of electronics.
Market Research Overview
The Gallium Arsenide (GaAs) components market encompasses the production and supply of semiconductor devices and related products based on Gallium Arsenide. These components are utilized in various applications such as radio frequency (RF) and power electronics, optoelectronics, and sensor technology. GaAs materials offer advantages like high electron mobility, high saturation velocity, and high electron velocity, making them suitable for high-frequency and high-power applications. The GaAs components market is driven by the increasing demand for wireless communication systems, solar energy conversion systems, and other advanced technologies. The market is expected to grow significantly due to the continuous research and development in the field of GaAs technology and the increasing adoption of GaAs-based devices in various industries.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
TypeLEC Grown GaAsVGF Grown GaAsApplicationMobile DevicesWireless CommunicationOthersGeographyAPACNorth 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 Data Catalog Market presents strong growth potential driven by rising data complexity, cloud adoption, and compliance needs. However, high implementation costs and legacy system challenges demand careful planning. North America’s dominance highlights the importance of targeting mature markets with established digital ecosystems. For successful market entry, vendors should focus on scalable, secure solutions with seamless cloud integration, while offering flexible pricing models to appeal to mid-sized enterprises.
LEWES, Del., May 19, 2025 /PRNewswire/ — The Global Data Catalog Market Size is projected to grow at a CAGR of 22.61% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 1.28 Billion in 2024 and is expected to reach USD 5.72 Billion by the end of the forecast period.
The Data Catalog Market is witnessing robust growth due to surging demand for streamlined data discovery, metadata management, and self-service analytics across industries.
Key Highlights of the Report:
Market Size & Forecast – In-depth analysis of current value and future projections.Segment Analysis – Detailed study across Component, Deployment Mode, and End-User.Regional Insights – Comprehensive coverage of North America, Europe, Asia-Pacific, and more.Competitive Landscape – Profiles of top players and their strategic initiatives.Technology Trends: Analyzes adoption of AI, ML, and automation in enhancing catalog functionalities.Regulatory Impact – Assessment of global and regional compliance frameworks.Investment Opportunities: Identifies hot spots for M&A, product innovation, and emerging use cases.
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This report offers strategic insights into the rapidly evolving Data Catalog Market, equipping decision-makers with actionable intelligence on growth opportunities, emerging technologies, and competitive dynamics that directly impact data management investments.
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CIOs & CTOs – For shaping enterprise data architecture and governanceData Analysts & Scientists – To enhance data discovery and usabilityIT Leaders – For integrating catalog solutions into cloud or hybrid infrastructureB2B Buyers & Consultants – Seeking in-depth vendor and segment evaluationsInvestors & Strategists – Exploring market entry and portfolio expansion opportunities
For more information or to purchase the report, please contact us at: https://www.verifiedmarketresearch.com/download-sample?rid=26914
Browse in-depth TOC on “Global Data Catalog Market Size“
202 – Pages
126 – Tables
37 – Figures
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
GROWTH RATE
CAGR of ~22.61% from 2024 to 2031
BASE YEAR FOR VALUATION
2024
HISTORICAL PERIOD
2021-2023
FORECAST PERIOD
2024-2031
QUANTITATIVE UNITS
Value (USD Billion)
REPORT COVERAGE
Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Competitive Landscape, Key Players, Segmentation Analysis
SEGMENTS COVERED
By ComponentBy Deployment ModeBy End-User
REGIONS COVERED
North AmericaEuropeAsia PacificLatin AmericaMiddle East & Africa
KEY PLAYERS
Alation, Inc., Collibra NV, Informatica Inc., IBM Corporation, TIBCO Software Inc., Hitachi Vantara LLC, Alteryx, Inc., Datawatch Corporation, Microsoft Corporation, and Amazon Web Services, Inc.
CUSTOMIZATION
Report customization along with purchase available upon request.
Global Data Catalog Market Overview
Market Driver
Surge in Data Volume and Complexity: The exponential proliferation of data produced by IoT devices, enterprise systems, customer interactions, and third-party platforms has resulted in heightened data complexity. Organizations are currently compelled to extract useful insights from extensive, sometimes siloed and unstructured datasets. Data catalog systems provide centralized metadata stores that facilitate data search, lineage tracking, and classification, enabling expedited access to reliable data and enhancing analytical productivity across departments.
Rising Adoption of Cloud-Based Solutions: Organizations are progressively transitioning to cloud, multi-cloud, and hybrid IT infrastructures to enhance scalability and minimize infrastructure expenses. This transfer frequently results in fragmented data environments, causing difficulties in data visibility and control. Data catalogs provide effortless connectivity across several cloud platforms, facilitating cohesive perspectives of dispersed data assets. This not only improves agility and decision-making but also enables firms to optimize cloud investments and facilitate real-time analytics.
Demand for Regulatory Compliance & Data Governance: The emergence of data privacy legislation like GDPR, CCPA, and HIPAA has necessitated that enterprises establish comprehensive data governance frameworks. Non-compliance may lead to significant monetary fines and harm to reputation. Data catalogs provide automated data classification, policy enforcement, and the production of audit trails, so enhancing compliance efficiency and reliability. Businesses are progressively using catalog solutions to mitigate legal risks, implement access restrictions, and ensure transparency in data utilization.
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Market Restraint
High Implementation and Integration Costs: Implementing a comprehensive data catalog solution typically necessitates significant financial expenditure, encompassing software license, infrastructure enhancements, personnel training, and consultancy services. Moreover, incorporating new tools into legacy systems can be laborious and resource-demanding. For numerous mid-sized and budget-conscious organizations, substantial initial expenses and ambiguous return on investment may serve as impediments, postponing adoption despite the clear necessity for enhanced data management.
Data Silos and Legacy System Constraints: Numerous companies continue to function with antiquated or isolated systems that fail to accommodate contemporary metadata frameworks. The disjointed systems hinder the centralization and standardization of metadata, complicating the establishment of a singular source of truth. The efficacy of data catalog solutions is markedly diminished when integration is impracticable. This limitation impedes data democratization initiatives and constrains the complete attainment of analytical and operational advantages.
Concerns Over Data Privacy and Security: Although data catalogs enhance data accessibility, they also pose risks if stringent access controls and security measures are not established. Inadequate metadata disclosure may result in unauthorized access to sensitive or classified material. In sectors like finance and healthcare, where data sensitivity is paramount, apprehensions around security breaches and compliance infractions may impede adoption. Organizations must meticulously balance transparency with security, hence increasing implementation complexity.
Geographical Dominance
North America leads the Data Catalog Market owing to its early embrace of advanced analytics, significant presence of major IT firms, and rigorous legislative frameworks that promote data governance. Businesses in the U.S. and Canada are swiftly allocating resources to metadata management and cloud integration, hence increasing the demand for catalog solutions. The region’s developed IT infrastructure and innovation-centric economy establish it as the leader in market expansion and technological progress.
Key Players
The “Global Data Catalog Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Alation, Inc., Collibra NV, Informatica Inc., IBM Corporation, TIBCO Software Inc., Hitachi Vantara LLC, Alteryx, Inc., Datawatch Corporation, Microsoft Corporation, and Amazon Web Services, Inc.
Data Catalog Market Segment Analysis
Based on the research, Verified Market Research has segmented the global market into Component, Deployment Mode, End-User, and Geography.
Data Catalog Market, by Component:SolutionsServices
Data Catalog Market, by Deployment Mode:Cloud-BasedOn-Premises
Data Catalog Market, by End-User:HealthcareManufacturing
Data Catalog Market, by GeographyNorth AmericaU.SCanadaMexicoEuropeGermanyFranceU.KRest of EuropeAsia PacificChinaJapanIndiaRest of Asia PacificROWMiddle East & AfricaLatin America
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