Monolithic Microwave IC Industry Research 2025: Market Analysis by Component Material Type, Frequency Band, Technology - Global Forecast to 2030
1. Global MMIC market set to grow at a 10.5% CAGR until 2030. Growth spans various sectors. 2. Market value forecast rises from USD 14.53B in 2025 to USD 23.91B by 2030. Key growth drivers include automotive and telecom. 3. Innovations in GaN and GaAs improve power amplifier performance. Demand for efficient, compact devices is surging. 4. Government initiatives, especially in China, boost semiconductor investments. Increased funding supports expansion in MMIC applications.