5G Chipset Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

5G Chipset Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A5326
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Market Overview:

The global 5G chipset market reached a value of US$ 2.84 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 31.71 Billion by 2027, exhibiting a CAGR of 47.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

5G chipset is an integrated circuit (IC) that enables 5G transmission on smartphones, portable hotspots, internet of things (IoT) devices, notebooks, laptops, and personal computers (PC) with mobile network capabilities. It relies on sub-6GHz bands and multiple-in multiple-out (MIMO) antenna systems to deliver a large amount of data and help improve the speed, latency, reliability, and efficiency of 5G networks. As a result, it finds applications in airplanes, high-speed rails, and ships across the globe.

 

 
 

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5G Chipset Market Trends:

The rising demand for high-speed internet and large network coverage for multiuser gaming, live streaming and file-sharing represent one of the key factors driving the market. Moreover, several companies are using internet of things (IoT) devices for monitoring machine performance in real-time to minimize the overall downtime and enhance operational efficiency. This, along with the increasing utilization of the internet of things (IoT) in developing smart cities, infrastructure and grid projects around the world, is propelling the growth of the market. In addition, there is a surge in videoconferencing, live streaming, telemedicine and business applications due to coronavirus diseases (COVID-19) outbreak and consequent reliance on distant learning worldwide. This, in turn, is positively influencing the market. Besides this, the growing use of 5G chipsets in vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), vehicle-to-pedestrian (V2P), and vehicle-to-network (V2N) is stimulating the market growth. Some of the other growth-inducing factors are technological advancements in automated driving, digital logistics, and the immense popularity of artificial intelligence (AI) and machine learning (ML). Furthermore, key market players are extensively investing in research and development (R&D) activities for developing cost-effective software-defined network and network function virtualization, which is projected to bolster the growth of the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global 5G chipset market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on chipset type, operational frequency and end user.

Breakup by Chipset Type:

  • Application-specific Integrated Circuits (ASIC)
  • Radio Frequency Integrated Circuit (RFIC)
  • Millimeter Wave Technology Chips
  • Field-programmable Gate Array (FPGA)
     

Breakup by Operational Frequency:

 

 
 

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  • Sub 6GHz
  • Between 26 and 39 Ghz
  • Above 39 Ghz
     

Breakup by End User:

  • Consumer Electronics
  • Industrial Automation
  • Automotive and Transportation
  • Energy and Utilities
  • Healthcare
  • Retail
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Broadcom Inc, Huawei Technologies Co., Ltd., Infineon Technologies Ag, Intel Corporation, Mediatek Inc, Nokia Corporation, Qorvo, Qualcomm Technologies, Inc., Samsung Electronics Co. Ltd. and Xilinx Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Chipset Type, Operational Frequency, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Broadcom Inc, Huawei Technologies Co., Ltd., Infineon Technologies Ag, Intel Corporation, Mediatek Inc, Nokia Corporation, Qorvo, Qualcomm Technologies, Inc., Samsung Electronics Co. Ltd. and Xilinx Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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5G Chipset Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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