With the demand for advanced semiconductor capabilities, the semiconductor market has an unprecedented possibility for emerging 5G technology.
FREMONT, CA: The emergence of 5G technology is being eyed as a major technological stride. However, the advancement of 5G technology will require semiconductors for infrastructure requirements. The global semiconductor sector is expected to be rejuvenated by the arrival of technological innovation, such as 5G.
With each new 5G network, which is launched by a telecom firm around the world, the future looks brighter for the semiconductor sector. The more widespread the 5G connectivity gets, the higher will be the subsequent demand for advanced semiconductor capabilities. The introduction of 5G networks could push consumers towards the refreshment cycle, which in turn, will reinvigorate the semiconductor industry. According to the latest Application Market Forecast Tool report, the semiconductor market profits plunged by 12.8% during 2019, though the market is expected to rebound with a 5.9% growth in 2020. The proliferation of 5G technology will play a key role in the aforementioned trend.
Much of the 5G wireless cellular network depends on the optimal use of bandwidth, specifically at millimeter-wave (mmWave) frequencies. Effective radio networks will need efficient power amplification, and a single semiconductor technology may not be sufficient for 5G. Discrete and integrated device semiconductor solutions will significantly boost the platform for the proliferation of 5G. Apart from transistors and amplifiers, integrated multiple-input, multiple-output (MIMO) integrated antenna modules can also be deployed with an obvious reduction in the costs and size of future wireless cellular base stations.
While some might consider the future prospects of the semiconductor market limited to the 5G technology, this might only be the beginning. While 4G powered the mass-market adoption of mobile broadband, 5G is about connectivity anywhere and everywhere, in everything and anything. The prospects of the semiconductor industry will not only be confined to 5G technology, but the idea of intelligence and connectivity will be embedded within almost all modern products. TVs, fridges, cars, toilets, lampposts, shipping containers, and vending machines may all have a chip in it.