“At Yole we estimate the market size of telecom infrastructure including base stations and wireless backhaul accounts for about half of the total market size”, says Yole’s Dr Hong Lin, “it will continue growing fast at an expected 12.5% CAGR for base stations and 5.3% CAGR for telecom backhaul over 2016–2022.”

Defense applications are also providing good opportunities for RF power devices, as there is a trend of replacing old vacuum tube designs with solid-state technologies exploiting GaAs and GaN which deliver the requirement for higher frequencies.

The defence segment’s revenue will increase around 20% by 2022 with a 4.3% CAGR between 2016 and 2022.