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The global 5G chipset market was valued at US$ 2.84 Billion in 2021.
We expect the global 5G chipset market to exhibit a CAGR of 47.10% during 2022-2027.
The rising applications of 5G chipset in airplanes, high-speed rails, and ships to improve the speed,
latency, reliability, and efficiency of 5G networks are primarily driving the global 5G chipset market.
The sudden outbreak of the COVID-19 pandemic has led to the growing demand for 5G chipset to aid in
enabling video-conferencing, live streaming, telemedicine, and various business applications during the
implementation of stringent lockdown regulations across several nations.
Based on the chipset type, the global 5G chipset market can be segmented into Application-Specific
Integrated Circuits (ASIC), Radio Frequency Integrated Circuit (RFIC), millimeter wave technology chips,
and Field-Programmable Gate Array (FPGA). Currently, Application-Specific Integrated Circuits (ASIC)
hold the majority of the total market share.
Based on the operational frequency, the global 5G chipset market has been divided into sub 6GHz,
Between 26 and 39 Ghz, and above 39 Ghz. Among these, sub 6GHz exhibits a clear dominance in the
Based on the end user, the global 5G chipset market can be categorized into consumer electronics,
industrial automation, automotive and transportation, energy and utilities, healthcare, retail, and
others. Currently, the consumer electronics industry accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global 5G chipset market include 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.
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