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Mobile data consumption is increasing exponentially due to the growing smartphone ownership, the expansion of wireless infrastructure, and the vast adoption of mobile video. Smartphones are the most popular connected devices due to their enhanced performance, the low cost of high-performing devices, and the expansion of cellular networks in the emerging markets. Our market research study has identified the increasing demand for mobile data traffic as one of the primary factors that will fuel the growth of the digital step attenuators market, since broadband telecommunication systems such as base transceiver stations and microwave radio devices require digital step attenuators. Technavio's market research analysts estimate that this market will grow steadily at a CAGR of more than 8% by 2021.
IoT connects electronic devices to the Internet and facilitates data transfer over wireless network. The implementation of IoT reduces human interventions and integrates technologies such as hardware design, data communication, data storage, and mining. With the growing popularity of IoT, the demand for wireless infrastructure will consequently increase in the coming years. This will in turn, fuel the growth of the digital step attenuators market.
The digital step attenuators market is highly fragmented owing to the presence of several international, regional, and local players. Private players in the market focus on developing innovative technologies to improve the performance parameters. Since the market is not capital-intensive and the market will witness the entry of new players in the coming years. Moreover, the market's high growth potential will also encourage more start-ups and large firms to enter this digital attenuator market, which will in turn, intensify the competitive environment among the players.
The leading vendors in the market are
The other prominent vendors in the market are Honeywell International, IDT, MACOM, and Vaunix Technology.
cable television (CATV) systems require controlled signal amplitudes to function effectively. CATV antenna attenuators effectively reduce the signal to bring the decibel level of RF signals down to an acceptable level. With the increasing consumption of media content on CATVs, this segment will account for the major market share of the digital step attenuators market till 2021.
APAC will be the major revenue contributor to the digital step attenuator market since regions such as India and China dominate the mobile industry. Established wireless service providers are developing dedicated products and are also focusing on microwave radio systems. Moreover, their extensive focus on developing compact products and modular for small size applications will also contribute to the growth of this digital attenuator market in APAC.
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To help clients gain a competitive advantage and increase revenue in niche market segments, this market research report on the digital step attenuators market covers vendors like Analog Devices, Macom, and Peregrine Semiconductor. Moreover, to offer clients the advantage to gain key market insights in leading market segments, this report on the digital step attenuators market also covers several regions across the globe.
This industry research report on the global digital step attenuators market offers insights into the impactful drivers and trends influencing the growth of the hardware and semiconductor industry. Our industry reports are created through an extensive process of analysis of data collected from both quantitative and qualitative sources, which consequently project insights in the key market segments like embedded systems.
The upcoming industry research report for the digital step attenuators market also categorizes the drivers and trends coupled with the immediate challenges that the embedded systems sector currently experiences. This upcoming report on the digital step attenuators market presents insights into the rapidly changing competitive landscape to give clients a complete outlook of the forthcoming events within the hardware and semiconductor industry. Technavio also offers in-depth market intelligence assessments into the sectors such as computing devices, displays, and sensors.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
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