MARKET OVERVIEW
MMIC is a type of integrated circuit (IC) device that operates at microwave frequencies (300 MHz to 300 GHz). MMICs contain active, passive, and interconnect components. These devices typically perform functions such as microwave mixing, power amplification, low-noise amplification, and high-frequency switching. Most of MMICs are fabricated on III-V compound substrates such as GaAs, InP.
MARKET SIZE & GROWTH
• The global RF Front End MMIC Market was valued at USD 10,740 million in 2024.
• It is projected to reach USD 30,080 million by 2031.
• The market is expected to grow at a CAGR of 16.2% during the forecast period.
