Technology
Monolithic Microwave IC Market worth $23.91 billion by 2030 – Exclusive Report by MarketsandMarkets™
Published
1 year agoon
By
DELRAY BEACH, Fla., Feb. 3, 2025 /PRNewswire/ — The global monolithic microwave IC market is expected to grow from USD 14.53 billion in 2025 to USD 23.91 billion by 2030 at a CAGR of 10.5% during the forecast period 2025–2030 according to a new report by MarketsandMarkets™. The popularity of multimedia applications and broadband Internet has led to an ever-increasing demand for high data throughputs in cellular and wireless networks. The frequency bands such as K-band, and Ka- band which encompasses frequencies from 18 GHz to 27 GHz and 26.5 GHz to 40 GHz, offers a substantial amount of spectrum that is ideal for high-capacity wireless communication links by surging the adoption of K-band & ka-band frequency band to meet increasing bandwidth requirements of cellular and wireless networks. Thereby, fulfilling the requirement for high transfer rates for a large amount of data in the competitive digital and computing world.
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Browse in-depth TOC on “Monolithic Microwave IC Market”
160 – Tables
60 – Figures
200 – Pages
Monolithic Microwave IC Market Report Scope:
Report Coverage
Details
Market Revenue in 2025
$ 14.53 billion
Estimated Value by 2030
$ 23.91 billion
Growth Rate
Poised to grow at a CAGR of 10.5%
Market Size Available for
2021–2030
Forecast Period
2025–2030
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By Component, Material type, Frequency band, Technology, Application and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Streamlining designing and cost-effective manufacturing of MMIC
Key Market Opportunities
Growing preference for compact and miniaturized devices
Key Market Drivers
Growing adoption of next-generation warfare techniques
HEMT to hold significant market share during the forecast period.
HEMT’s performance in high-frequency, high-power, and low-noise applications, making it an ideal choice across industries like telecommunications, defense, and aerospace. HEMTs are known for having good electron mobility, which makes the switching speed higher and power consumption lower than the conventional FETs. These characteristics make them more valuable in the telecommunications and aerospace industries where efficiency and performance are crucial. The growing demand for advanced communication technologies, especially 5G expansions, is contributing to the wide adoption of HEMT-based MMICs. Its wide application in highly advanced radar and electronic warfare products in the defense sector also enhances its strong position in the market. Additionally, HEMT-based MMICs find a wide and diverse application base in satellite systems, especially through space exploration and communication, attributed to their greater reliability and processing of large-scale data.
Attenuators segment is expected to witness highest CAGR in monolithic microwave IC industry during the forecast period.
Attenuators are essential for managing signal strength, ensuring optimal performance in high-frequency environments, especially with the deployment of 5G advanced technology and its increasing demand for precise signal control in different applications, such as telecommunications and consumer electronics, as more devices need efficient signal processing capabilities, this sector will continue to grow and find itself in a favorable position in the MMIC overall market. The increasing requirement for MMIC-based attenuators is also driven by more satellite communications and radar systems that are accountable for signal quality. Moreover, the growing requirement for high performance of RF systems and the integration of improved signal integrity in complex networks are adding up to the increasing requirements for attenuators.
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Asia Pacific expected to account for the largest market size during the forecast period.
Urbanization and population growth in the region are significantly increasing the demand for advanced communication technologies. particularly with the rollout of 5G advanced networks. These new technologies demand for high-performance MMICs for enhanced data transmission capabilities. Furthermore, Asia Pacific is home to major electronics manufacturers such as Samsung (South Korea), Panasonic Corporation (Japan) and ABB (Switzerland) among others and also a thriving smartphone market drives the demand for MMICs in consumer electronics. The presence of key players and continuous investments in research and development is also promoting innovation in MMIC technology in this region. Additionally, China is one of the significant contributors to this growth, primarily because of its strong semiconductor manufacturing capabilities and huge investments in 5G advanced infrastructure. South Korea and Japan are also major players because of the technological advancement in those countries, with leading electronics manufacturers.
Key Players
Key companies operating in the monolithic microwave IC companies are Qorvo, Inc. (US), MACOM (US), Skyworks Solutions, Inc. (US), NXP Semiconductors (Netherlands), Analog Devices, Inc. (US), Infineon Technologies AG (Germany), WIN Semiconductors (China), United Monolithic Semiconductors (France), Mini-Circuits (US), Keysight Technologies (US), VECTRAWAVE (France), BeRex (South Korea), Reliasat (UK), Semiconductor Components Industries, LLC (US), and MicroWave Technology, Inc. (US) among others.
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About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
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NEW YORK, July 18, 2026 /PRNewswire/ — Software Experts has recognized CapCut as a top choice among AI design tools for 2026, citing its AI Design Studio as a standout resource for creating images and marketing assets. The recognition points to the platform’s combination of automated layout generation, image editing, and campaign focused features built for marketers, e-commerce sellers, and content creators.
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The latest version, Design 2.0, brings references, drafts, assets, and edits into a single workspace. Features include pencil prompting for visual editing, smart layer split for separating subjects and backgrounds, and a One More function that generates new creative directions from an existing design. Users can circle, brush, or mark up an image directly to guide how the AI adjusts a design, rather than relying only on written prompts.
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View original content:https://www.prnewswire.com/news-releases/best-ai-design-tools-2026-capcut-named-a-top-choice-for-creating-images-and-marketing-assets-by-software-experts-302828625.html
SOURCE SoftwareExperts.org
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Best AI Design Tools (2026): CapCut Named a Top Choice for Creating Images and Marketing Assets by Software Experts
Published
9 minutes agoon
July 18, 2026By
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Best AI Design Tools
CapCut AI Design Studio – a web based design workspace that uses AI to help users create ads, product visuals, and branded content without prior design experience.
Core Capabilities of the AI Design Studio
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Applications for E-Commerce and Marketing Teams
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CapCut is an AI-powered photo and video editing platform designed to make high-quality video creation accessible across devices. The platform supports creators, businesses, and everyday users with tools for video editing, AI video generation, captions, templates, audio, and visual editing. CapCut is available across mobile, web, desktop, and iPad experiences, helping users create, edit, and prepare video content for social media, marketing, education, and personal projects.
About Software Experts: Software Experts delivers in-depth news on the digital tools shaping today’s consumer experience. As an affiliate, Software Experts may earn commissions from sales generated using links provided.
View original content:https://www.prnewswire.com/news-releases/best-ai-design-tools-2026-capcut-named-a-top-choice-for-creating-images-and-marketing-assets-by-software-experts-302828625.html
SOURCE SoftwareExperts.org
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Samsung Selects Chandigarh University Student as ‘Punjab AI State Topper’
Published
1 hour agoon
July 18, 2026By
CU Student Devesh Panwar Wins Rs 1 Lakh Award for Developing AI-Based Document Search System
CHANDIGARH, India, July 18, 2026 /PRNewswire/ — A Bachelor of Computer Applications (BCA) student of Chandigarh University, Devesh Panwar, has been named the “Punjab State Topper” in the Artificial Intelligence (AI) under the Samsung Innovation Campus (SIC) AI Program organised by Samsung in collaboration with Telecom Sector Skill Council (TSSC) and training partner Focal Skill Development (Focalyt) to equip Indian youth with industry-relevant in-demand skills in AI, loT, Big Data, and Coding & Programming, preparing them for future careers.
A final-year student of Bachelor of Computer Applications (BCA) at University Institute of Computing (UIC) of Chandigarh University, Devesh Panwar also won a cash award of Rs 1 lakh along with a laptop, and exclusive Samsung rewards for achieving this remarkable milestone under the Samsung Innovation Campus AI Program.
“Being named ‘AI State Topper’ was a moment of profound pride and validation for me. Hard work, intense technical training and a passion for AI culminated in the immense honor of the Punjab State Topper title. Besides getting access to state-of-the-art tools to fuel my future research and development endeavor, I gained world-class knowledge during the Samsung Innovation Campus (SIC) AI Program. It helped me in gaining hands-on experience and applied AI to solve real-world challenges, especially in aeronautical and technical domains,”
During Samsung Innovation Campus (SIC) AI Program, Devesh and his team worked on innovative AI capstone project which was presented before the jury panel as part of the final assessment.
“Our team developed the advanced AI-powered system AI Research Agent, a Retrieval-Augmented Generation (RAG) platform designed for intelligent querying of private document collections. Organizations, researchers, legal professionals, and HR teams often work with large collections of documents. Traditional search methods rely heavily on keyword matching and require significant manual effort to locate relevant information. The project was developed to address the limitations of traditional document search systems, which often struggle with contextual understanding, retrieval accuracy, learning adaptability, and response speed,” said Devesh.
“The developed system demonstrated significant improvements over traditional document retrieval approaches with faster response generation with integration of modern AI techniques, full-stack development, database systems, and intelligent automation into a single practical solution. By combining modern RAG architecture with innovative retrieval and reasoning mechanisms, this system provides a fast, intelligent, and user-friendly solution for knowledge discovery and resume evaluation. This project not only enhanced our technical expertise in Artificial Intelligence and Full-Stack Development but also strengthened our problem-solving, teamwork, and professional communication skills. It stands as a significant achievement of our Samsung Innovation Campus 2025 journey and reflects our commitment to building impactful AI solutions for real-world challenges,” he added.
Congratulating Devesh Panwar for being named “Punjab State Topper” AI under the Samsung Innovation Campus Samsung Innovation Program, Deepinder Singh Sandhu, Senior Managing Director, Chandigarh University, said, “Devesh’s achievement reflects Chandigarh University’s focus on experiential learning and industry-academia collaboration. Through the Samsung Innovation Campus AI Program, CU students gain practical exposure to AI and building solutions for real-world challenges. This accomplishment reflects not only Devesh’s commitment to excellence but also the growing culture of innovation and industry-oriented learning at Chandigarh University,”.
“Since its inception, Chandigarh University has set benchmarks for world-class education with its dynamic hands-on experiential learning model, industry-aligned programs, dynamic fraternity, state-of-the-art infrastructure facilities and impeccable placements. Samsung Innovation Program is also part of our initiatives to develop a future-ready talent pool equipped with advanced capabilities in AI, loT, Big Data, and Coding and Programming. By bridging the gap between theoretical learning and real-world application, this collaboration helps in providing CU’s computer science and computing students exposure to cutting-edge and emerging technologies. CU’s this partnership with Samsung is focused on building future-ready talent equipped with industry-relevant skills in AI and emerging technologies,” Sandhu said.
He said Chandigarh University’s Institute of Computing (UIC) prepares students for a successful career in computing, to create and disseminate computing knowledge and technology. “Chandigarh University carries a vision of crafting next-gen IT professionals who can take up industry challenges effectively and our Institute of Computing (UIC) prepares students for a successful career in computing, to create and disseminate computing knowledge and technology. UIC’s hands-on approach paves the way for a smooth transition to the workforce after graduation. Our students are equipped with the best knowledge, skills and passion to succeed in any number of computing careers. CU’s Institute of Computing renders cutting-edge education ranging from the expertise in traditional software development -to- modern computing technologies. Fully-equipped industry-sponsored labs, industry-aligned curriculum, and accreditations and validations by top companies such as Intel, Microsoft, Google Android, Red Hat etc. give our students an exclusive edge over others,” the Chandigarh University CMD said.
Sandhu said the latest edition of QS World University Rankings has yet again reaffirmed Chandigarh University global standing as a top educational institution. “Continuing its remarkable rise among the world’s leading higher education institutions, Chandigarh University (CU) has made impressive strides in the latest edition of prestigious QS World University Rankings 2027 by securing an overall world rank of 526, an increase of 49 ranks as compared to 575th rank in QS’ 2026 Rankings. This is for the fifth consecutive year that Chandigarh University’s global rankings have witnessed an impressive surge with CU’s world rank going up by an impressive 274 ranks — from the 800th rank in 2023 to 526th in 2027’s Rankings,”.
“As per the latest QS World University Rankings, with All India Rank of 13 among all universities in the country as compared to 16th rank in 2026’s rankings, Chandigarh University now ranks among the top 1% of universities in India and the top 2% of universities in the World, underscoring its growing reputation as a leading institution of higher learning, both in India and globally,” he added.
About Chandigarh University
Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the field of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.
Website address: https://www.cuchd.in/
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