2010 Revenue Increases by 34 Percent to Reach $5 Billion
Boston, MA - October 17, 2011 – As consumers continue to embrace mobile data applications, operators are expanding wireless networks and developing new mobile devices. The recently released Strategy Analytics GaAs and Compound Semiconductor Technologies Service (GaAs) Forecast and Outlook, “GaAs Industry Forecast 2010-2015
,” forecasts that handset developments—like smartphones and other multi-mode, multi-band devices—powered the entire GaAs device market to 34 percent growth in 2010. This forecast estimates these handset trends will push GaAs device revenue to nearly $6.4 billion in 2015.
Strategy Analytics forecasts that device shipments into mobile handset applications will account for 50 percent of total GaAs device revenue in 2015, when more than 20.8 billion GaAs devices will ship into all market applications. In addition to GaAs devices, the report also forecasts growth for semi-insulating bulk and epitaxial GaAs substrates.
“Driven by the mobile handset segment, 2010 proved to be a banner year for GaAs devices,” noted Eric Higham, Director of the Strategy Analytics GaAs and Compound Semiconductor Technologies Service. “Smartphones and other types of handsets are becoming increasingly sophisticated in order to accommodate multiple bands, multiple standards and features like GPS, Wi-Fi and Bluetooth. This is increasing the number of GaAs devices required per handset.”
Asif Anwar, Director in the Strategy Analytics Strategic Technologies Practice, added, “While handset content will continue to drive the GaAs market, infrastructure and military opportunities for GaAs will also increase.”
The Strategy Analytics Gallium Arsenide (GaAs) service segments the entire GaAs device market by application, device type, process technology, function, geography and frequency. It also forecasts the demand and market value for the semi-insulating and epitaxial GaAs substrates that form the basis for the GaAs devices.