RF Front End (RFFE) Producers and RFFE Market Trend
The global RFFE market size was 10.3 billion USD in 2017, growing to 23.6 billion USD in 2022, with a CAGR of 18.0% from 2017 to 2022. With the continuous evolution of communication standards, smart phones need to be compatible with 2G, 3G, 4G and 5G at the same time, the technical difficulties continue to rise, driving the amount and value of RFFE devices continue to rise. The global RFFE market is expected to grow to USD 35.0 billion in 2027, with a CAGR of 8.2% from 2022 to 2027.
Figure 2017-2027 Global RFFE Market Size (Billion USD) and CAGR
The top five RFFE players are Skyworks, Qorvo, Broadcom, Qualcomm, and Murata with a combined market share of approximately 85% in 2021.