Rising Demand for High Speed Internet and Large Network Coverage Boosts Adoption

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5G Chipset Market

5G Chipset Market

5G Chipset Market

Dublin, Dec. 27, 2022 (GLOBE NEWSWIRE) — The “5G Chipset Market by IC Type, Operational Frequency, Product, and Industry Vertical: Opportunity Analysis and Industry Forecast, 2021-2030” report has been added to ResearchAndMarkets.com’s offering.

The 5G chipset market size was valued at $13.26 billion in 2020, and is projected to reach $92.05 billion by 2030, registering a CAGR of 21.8% from 2021 to 2030. 5G chipset is the primary component of consumer devices, customer premises equipment, and network infrastructure equipment that enables the end-user to create a wireless network based on the 5G standard.

The growth of the 5G chipsets market is majorly driven by the rise in demand for high-speed internet and large network coverage coupled with proliferation of M2M/IoT connections.

Furthermore, increase in demand for mobile broadband services is anticipated to drive the market growth. However, privacy and security concern, high investment, and technological & infrastructure challenges in the implementation of 5G network act as a prime restraint of the market. On the contrary, surge in government initiatives for building smart cities in Asia-Pacific is anticipated to provide lucrative opportunities for the expansion of the 5G chipsets market during the forecast period.

According to 5G chipset market analysis, the devices segment was the highest contributor in 2020, due to surge in adoption of Internet of Things application. The consumer electronics and automotive and transportation segments collectively accounted for around 74.6% market share in 2020. Surge in adoption of next generation 5G network-based Internet of Things solution has led the growth of the consumer electronics and automotive and transportation segment; thereby, enhancing in the market growth.

Key Market Segments

By IC Type

  • ASIC

  • RFIC

  • Cellular IC

  • mmWave IC

By Operational Frequency

  • Sub 6GHz

  • Between 26 & 39 Ghz

  • Above 39 Ghz

By Product

By Industry Vertical

By Region

  • North America

  • US

  • Canada

  • Mexico

  • Europe

  • UK

  • Germany

  • France

  • Russia

  • Rest of Europe

  • Asia-Pacific

  • China

  • Japan

  • India

  • South Korea

  • Rest of Asia-Pacific

  • LAMEA

  • Latin America

  • Middle East

  • Africa

KEY MARKET PLAYERS

  • Qualcomm Technologies, Inc

  • Broadcom

  • Intel Corporation

  • Nokia Corporation

  • Samsung Electronics Co, Ltd

  • Mediatek Inc

  • Xilinx Inc

  • Huawei Technologies Co, Ltd

  • Qorvo

  • Infineon Technologies AG

Key Findings Of The Study

  • In 2020, the devices segment accounted for maximum revenue, and is projected to grow at a notable CAGR of 215% during the forecast period

  • The consumer electronics and automotive and transportation segments together accounted for around 746% of the 5G chipset market trends in 2020

  • The mmWave IC segment is projected to growth at a CAGR of 241% during the 5G chipset market forecast period

  • Asia-Pacific contributed for the major share in the market, accounting for more than 355% share in 2020

  • The key players profiled in the report include Qualcomm Technologies, Inc., Broadcom, Intel Corporation, Nokia Corporation, Samsung Electronics Co., Ltd., Mediatek Inc., Xilinx Inc., Huawei Technologies Co., Ltd., Qorvo, and Infineon Technologies AG Market players have adopted various strategies, such as product launch, collaboration & partnership, joint venture, and acquisition to expand their foothold in the 5G chipset market

Key Topics Covered:

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4:5G Chipset Market, by LC Type
4.1. Overview
4.2. ASIC
4.3. RFIC
4.4. Cellular LC
4.5. MmWave LC

Chapter 5:5G Chipset Market, by Operational Frequency
5.1. Overview
5.2. Sub 6Ghz
5.3. Between 26 & 39 Ghz
5.4. Above 39 Ghz

Chapter 6:5G Chipset Market, by Product
6.1. Overview
6.2. Devices
6.3. Customer Premises Equipment
6.4. Network Infrastruture Equipment

Chapter 7:5G Chipset Market, by Industry Vertical
7.1. Overview
7.2. Automotive & Transportation
7.3. Energy & Utilities
7.4. Healthcare
7.5. Retail
7.6. Consumer Electronics
7.7. Industrial Automation
7.8. Others

Chapter 8:5G Chipset Market, by Region

Chapter 9: Competitive Landscape

Chapter 10: Company Profiles

Companies Mentioned

  • AT&T

  • Huawei Devices Co. Ltd.

  • Ericsson

  • Intel Corporation

  • Mediatek Inc.

  • Nokia Corporation

  • Qualcomm Technologies Inc.

  • Hewlett Packard Enterprise

  • Samsung Electronics Co. Ltd.

  • Verizon

For more information about this report visit https://www.researchandmarkets.com/r/svwhff

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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