5G Chipset Market Overview
High-bandwidth data transmission without excessive power consumption or electromagnetic interference (EMI) is the goal of 5G chipsets. With a 99.9999% uptime, they must also be dependable to maintain a network that is always connected. A module for detecting 5G reception is frequently integrated into 5G chipsets.
5G chipsets enable 5G data packet transmission for smartphones, Internet of Things devices, portable hotspots, and a growing number of notebook PCs equipped with a mobile network capability.
It is anticipated that 5G mobile devices would mix high-frequency millimeter-wave (mm-wave) bands with highly focused beam-steering with well-known sub-6 GHz channels and innovative MIMO antenna systems.
The global 5G chipset market size was valued at USD 21 billion in 2021. It is expected to reach USD 3,170 billion by 2030, growing at a CAGR of 87.2% during the forecast period (2022–2030).
Competitive Landscape
Some of the prominent players operating in the 5G Chipset Market are
Qualcomm Technologies Inc.
MediaTek Inc.
Samsung Electronics Co. Ltd
Xilinx Inc.
Broadcom Inc.
Infineon Technologies AG
Nokia Corporation
Huawei Technologies Co. Ltd
Renesas Electronics Corporation
Anokiwave Inc.
Qorvo Inc.
NXP Semiconductors NV
Intel Corporation
Cavium Inc.
Analog Devices Inc, Texas Instruments Inc.
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Latest trends in 5G Chipset Market report
Open RAN (O-RAN): This trend aims to increase vendor diversity and creativity by building open, interoperable radio access networks. Software-centric open RAN enables scalable and adaptable networks. Advanced technologies like virtualization and network slicing are supported, which are necessary for a variety of 5G applications like high-speed broadband and the Internet of Things.
Network Slicing: This technique enables the development of several virtual networks, each suited to the unique needs of distinct applications, over a single physical infrastructure. It covers the many requirements of 5G applications, from huge machine-to-machine (M2M) communications to low-latency connections for autonomous vehicles, and it improves the efficiency of resource allocation.
AI Integration: To facilitate on-device AI processing, 5G chipsets are progressively adding AI capabilities. For edge computing, driverless vehicles, and real-time analytics to work more quickly, this connection is essential.
Beamforming: By focusing signals on particular devices, advances in beamforming technology are increasing the effectiveness of wireless communication. Better network performance, more capacity, and improved coverage are the outcomes of this.
5G-Advanced (5G-A): 5G-A has reduced latency and higher bandwidth than normal 5G, and new chipsets like Qualcomm's Snapdragon X75 support it. New use cases for consumers and businesses are made possible by this progression.
Infrastructure Investment and Spectrum Allocation: Significant expenditures in new hardware and infrastructure are necessary for the installation of 5G networks. Overcoming financial obstacles and guaranteeing efficient spectrum distribution are essential for the smooth implementation of 5G technology.
Applications in Consumer Electronics and Automotive: There is an increasing need for 5G chipsets in these two industries. 5G facilitates the development of driverless vehicles and offers enhanced networking features for the automotive sector. In consumer electronics, 5G chipset integration in smartphones and tablets is being driven by the need for faster and more dependable mobile communication.
Global 5G Chipset Market: Segmentation
As a result of the 5G Chipset Market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.
By Chipset Type
Application-specific Integrated Circuits (ASIC)
Radio Frequency Integrated Circuit (RFIC)
Millimeter Wave Technology Chips
Field-programmable Gate Array (FPGA)
By Operational Frequency
Sub-6 GHz
Between 26 and 39 GHz
Above 39 GHz
By End-User Industry
Consumer Electronics
Industrial Automation
Automotive and Transportation
Energy and Utilities
Healthcare
Retail
Other End-User Industries
The report forecasts revenue growth at all geographic levels and provides an in-depth analysis of the latest industry trends and development patterns from 2022 to 2030 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:
North America (U.S., Canada)
Europe (U.K., Germany, France, Italy)
Asia Pacific (China, India, Japan, Singapore, Malaysia)
Latin America (Brazil, Mexico)
Middle East & Africa
Regional Analysis
North America Market Size: Due to the quick rollout of 5G networks and the strong presence of major players like Qualcomm and Intel, North America is anticipated to hold a sizable portion of the 5G chipset market.
Growth Drivers: The rising demand for improved connection, high-speed internet, and IoT application developments is driving the region's growth. The United States is spearheading the implementation of 5G technology, having made substantial infrastructure expenditures.Europe Market Size: With an increasing emphasis on digital transformation and smart city initiatives, Europe is also a sizable market for 5G chipsets.
Growth drivers: The need for improved mobile broadband services, higher investments in telecoms infrastructure, and government support for 5G development are driving the European industry.Growth of the Asia-Pacific Market: Throughout the projection period, the 5G chipset market is expected to develop at the fastest rate in the Asia-Pacific region, with a projected CAGR of more than 30%.
Growth drivers: The promotion of 5G technology by governments in nations like China, India, and South Korea, as well as the country's rapid urbanization and rising smartphone penetration are the main forces behind this growth.Latin America Market Size: As more nations start deploying 5G networks, the region's 5G chipset market—which is currently comparatively smaller—is anticipated to expand.
expansion Drivers: Along with government attempts to upgrade telecommunications infrastructure, it is projected that the need for increased connectivity and mobile broadband services will propel market expansion in this region.Africa and the Middle East
Market Size: With rising investments in infrastructure and telecommunications, the Middle East and Africa are emerging markets for 5G chipsets.
Growth Drivers: The need for improved connection across a range of industries, including healthcare and education, and the growing demand for mobile broadband services are the main drivers of growth in this region.
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Key Highlights
To explain the 5G Chipset Market the following: introduction, product type and application, market overview, market analysis by countries, market opportunities, market risk, and market driving forces
The purpose of this study is to examine the manufacturers of the 5G Chipset Market, including profile, primary business, news, sales and price, revenue, and market share.
To provide an overview of the competitive landscape among the leading manufacturers in the world, including sales, revenue, and market share of 5G Chipset Market percent
To illustrate the market subdivided by kind and application, complete with sales, price, revenue, market share, and growth rate broken down by type and application
To conduct an analysis of the main regions by manufacturers, categories, and applications, covering regions such as North America, Europe, Asia Pacific, the Middle East, and South America, with sales, revenue, and market share segmented by manufacturers, types, and applications.
To investigate the production costs, essential raw materials, production method, etc.
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