The global 5G chipset market reached a market size of USD 1.49 Billion in 2020 and is expected to register a robust CAGR of 47.3% over the forecast period, according to latest analysis by Emergen Research. One of the main factors anticipated to propel the growth of the global 5G chipset market during the forecast period is an increase in machine-to-machine communications. In the near future, rising demand for mobile broadband services is anticipated to significantly support growth of the worldwide 5G chipset market. Another important factor that is anticipated to boost the growth of the global 5G chipset market over the projected period is the rise in government initiatives to build smart cities in established and developing nations.
The global 5G chipset market's growth is anticipated to be somewhat constrained throughout the projected period by high hardware expenses related to terrestrial network densification.
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The Global 5G Chipset Market Report, published by Emergen Research, offers an industry-wide assessment of the 5G Chipset Market, which is inclusive of the most crucial factors contributing to the growth of the industry. The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period of 2021-2028.
Key players in the market include Intel Corporation, Samsung Electronics Co., Ltd., Qualcomm Incorporated, MediaTek Inc, NXP Semiconductors N.V, Huawei Technologies Co., Ltd., Qorvo, Inc., Infineon Technologies AG, Broadcom Inc., and Renesas Electronics Corporation.
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Emergen Research has segmented the global 5G Chipset market on the basis of frequency, type, processing node, application, end-use, and region:
Frequency Outlook (Revenue, USD Billion; 2021–2028)
mm-Wave
sub-6GHz
sub-6GHz + mm-Wave
Type Outlook (Revenue, USD Billion; 2021–2028)
RFIC
Modem
Processing Node Outlook (Revenue, USD Billion; 2021–2028)
10 nm
7 nm
Others
Application Outlook (Revenue, USD Billion; 2021–2028)
Smartphones Tablets
Broadband Access Gateway Devices
Connected Devices
Connected Vehicles
Telecom Base Station Equipment
Others
End-use Outlook (Revenue, USD Billion; 2021–2028)
IT Telecommunication
Consumer Electronics
Healthcare
Industrial Automation
Retail
Media Entertainment
Energy Utilities
Automotive Transportation
Others
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Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Answered in the Report:
What will be the estimated growth rate of the 5G Chipset market by 2028?
Who are the prominent distributors, vendors, and manufacturers of the market?
What are the driving and restraining factors of the growth of the 5G Chipset market throughout the forecast period?
What are the current and future market trends of the 5G Chipset market?
What are the sales and price analysis of the product by types, applications, and regions?
What are the expected opportunities for the companies and new entrants in the coming years?
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