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The future of the monolithic microwave IC market looks promising with opportunities in the consumer electronics, wireless communication infrastructure, automotive, aerospace and defense, CATV, and wired broadband industries. The global monolithic microwave IC market is expected to grow with a CAGR of 9% to 11% from 2021 to 2026. The major drivers for this market are rising demand for MMICs from the smartphone industry and increasing adoption in space, defense, and wireless communication infrastructure.
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