The global 5G chipset market reached a value of US$ 2.84 Billion in 2021. As per the analysis by IMARC Group, the top manufacturers in the 5G chipset industry are focusing on launching cost-effective software-defined network and network function virtualization to expand their product portfolio and gain a competitive edge in the market. They are also introducing enhanced cellular internet of things (IoT) connections for connecting physical objects to the internet. Moreover, several manufacturing companies are relying on the internet of things (IoT) devices to monitor machine performance in real-time, reduce overall downtime and enhance operational efficiency. In addition, leading companies are improving their 5G network infrastructure to provide high-speed connectivity to their customers. They are also offering high-speed chipset components for various applications, such as Vehicle to Everything (V2X) and drone connectivity, which require ultra-reliable low-latency connectivity. Besides this, key market players are developing new and innovative chipset modules for telecom base stations, such as radio frequency integrated circuits (RFIC) and application-specific integrated circuit (ASIC) chipsets, to reduce the overall size and power consumption. Looking forward, the market value is expected to reach US$ 31.71 Billion by 2027, growing at a CAGR of 47.10% during the forecast period (2022-2027).
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Top 5G Chipset Companies Across the World:
Headquarters: California, US
Broadcom Inc. designs, develops, and supplies a range of semiconductor products and infrastructure software solutions. The product portfolio of the company includes data center, networking, enterprise software, broadband, wireless, storage, and industrial products. It provides various solutions, such as data center networking and storage and mainframe and cybersecurity software used for automation, enterprise, monitoring and security, smartphone components, and factory automation. It distributes its products through a network of distributors, contract manufacturers, original equipment manufacturers (OEMs), and a direct sales force. It operates through subsidiaries across North America, Asia, Europe, and the Middle East, and Africa.
Huawei Technologies Co. Ltd.
Headquarters: Guangdong, China
Huawei Technologies Co Ltd., a subsidiary of Huawei Investment & Holding Co Ltd, is a supplier of information and communication technology (ICT) infrastructure and smart devices. Its products include laptops, tablets, routers, wearables, enterprise wireless products, enterprise optical transmission and access products, headphones, networking products, and cloud and computing products. It also offers smart services for enterprises and software for carrier networks. Besides this, it provides services to the education, finance, healthcare, manufacturing, oil and gas, retail, and transportation industry.
Infineon Technologies AG
Headquarters: Bayern, Germany
Infineon Technologies AG is one of the leading suppliers of semiconductor solutions. The company designs, manufactures, develops, and markets application-specific ICs, diodes, evaluation boards, automotive system ICs, electrostatic discharge protection, and electromagnetic interference protection products. It offers microcontrollers, radio frequency and wireless controls, security ICs, smart card ICs, sensors, interfaces, and transistor products, which are used in automotive, industrial power control, power management, consumer electronics, computing, and data storage, switches, and routers, sensing solutions and security in the internet of things (IoT) applications.
Headquarters: California, US
Intel Corporation develops and designs technology products and components. The product portfolio of the company comprises chipsets, microprocessors, embedded processors, microcontrollers, graphics, flash memory cards, network and communication, and conferencing. These products find applications in tablets, notebooks, servers, and desktops. Intel markets processors under brands such as:
This company operates in China, Singapore, Taiwan, and the US.
Headquarters: Hsinchu, Taiwan
MediaTek Inc. is a leading global designer, developer, and marketer of system-on-chip solutions for analog products, wireless communication equipment, optical storage discs, and digital home systems. It comprises multimedia integrated chips (ICs), computer peripheral ICs, high-end consumer-oriented ICs, and other application ICs. It provides enterprise and residential customers with software and hardware application creation, testing, maintenance, and advisory services. It operates business in Singapore, India, the US, Taiwan, China, South Korea, Japan, Dubai, Sweden, Finland, and the UK.
Headquarters: Espoo, Finland
Nokia Corporation is the largest manufacturer of mobile phones, serving customers in 130 countries across the globe. It is divided into four business groups, such as mobile phones, multimedia, enterprise solutions, and networks. The company operates 15 manufacturing facilities in nine countries and maintains research and development (R&D) facilities in 12 countries.
Headquarters: North Carolina, United States
Qorvo, Inc. creates and markets technology and goods for the global wired, wireless, and power industries. The two business segments of the company are mobile products and infrastructure and defense products. Qorvo, Inc. provides cellular base stations, switch-low noise amplifier (LNA) modules, variable gain amplifiers, integrated power management, ultra-wideband (UWB) system-on-a-chip (SoC), and system-in-package (SiP) solutions, MEMS-based sensors, antenna tuners, and antennaplexers, as well as discrete multiplexers, duplexers, filters, and switches.
Qualcomm Technologies, Inc.
Headquarters: California, US
Qualcomm Technologies, Inc. develops and commercializes foundational technologies for the wireless industry worldwide. The company operates in Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI). It serves various industries, such as automotive, education, healthcare, mobile computing, networking, and wearables. It also provides services to the United States government agencies and their contractors.
Samsung Electronics Co., Ltd.
Headquarters: Suwon-si, South Korea.
Samsung Electronics Co., Ltd. provides consumer electronics, information technology and mobile communications, and device solutions businesses worldwide. It provides home appliances comprising refrigerators, air dressers, washing machines, dryers, cooking appliances, dishwashers, vacuum cleaners, air conditioners, and air purifiers. It also offers TVs, sound devices, smartphones, tablets, monitors, smart and LED signages, watches, and other accessories, as well as provides memory storage solutions.
Advanced Micro Devices, Inc. (AMD)
Headquarters: California, United States
Advanced Micro Devices, Inc. is a global semiconductor company operating in computing and graphics and enterprise and embedded and semi-custom. Its products include x86 microprocessors, chipsets, discrete and integrated graphics processing units (GPUs), server and embedded processors, semi-custom System-on-Chip (SoC) products, development services, and technology for game consoles. The company offers processors for desktop and notebook personal computers under brands such as:
- Ryzen Threadripper PRO
- AMD Ryzen
- AMD Ryzen PRO
- Ryzen Threadripper
- AMD Athlon
- AMD Athlon PRO
- AMD FX
- AMD A-Series
- AMD PRO A-Series
About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects in the 5G chipset industry which has enabled clients to set up and expand their businesses successfully. Some of the company's offerings include:
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