Global 5G Chipset market was estimated at USD 5.9 billion in 2021, and is anticipated to reach USD 186.66 billion by 2028, growing at a CAGR of 63.8%.
Global 5G Chipset market was estimated at USD 5.9 billion in 2021, and is anticipated to reach USD 186.66 billion by 2028, growing at a CAGR of 63.8%.
5G chipsets enable 5G packet communication on notebook PCs with mobile network capability, smartphones, IoT devices, and portable hotspots. It is expected that 5G mobile devices would integrate high-frequency millimeter-wave (mm Wave) bands with highly-focused beam-steering with well-known sub-6 GHz channels and innovative MIMO antenna systems. Globally, major telecom service providers are updating to 5G, which mainly uses denser arrays of tiny antennas to provide extremely fast network and communication speeds. It is projected that 5G technology would unleash a massive Internet of Things ecosystem, enabling networks to support billions of linked devices. For example, more than 10 million 5G mobile subscribers were predicted, per Ericsson's Mobility Report from June 2019.
Players Covered in 5G Chipset market are:
Analog Devices Inc., Anokiwave Inc., Renesas Electronics Corporation, Cavium Inc., MediaTek Inc., Intel Corporation, Samsung Electronics Co. Ltd, Xilinx Inc., Nokia Corporation, Broadcom Inc., Infineon Technologies AG, Huawei Technologies Co. Ltd, Qorvo Inc., NXP Semiconductors NV, Texas Instruments Inc., Qualcomm Technologies Inc and Majore Key Players.
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Segmentation Analysis of the 5G Chipset Market:
By Chipset Type, the Application-specific Integrated Circuits (ASIC) segment was expected to dominate the market, with 27.3% of the market share in 2019, followed by FPGA and mm Wave chipsets segments, with 27.08% and 24.88% shares, respectively
The sub-6 GHz segment was estimated to account for the largest share of 80.19% in 2027, while the above 39 GHz segment is expected to witness the highest CAGR of 122.9%.
By End-User industry, the consumer electronics industry was expected to account for the largest market share of 78.30%. The Industrial Automation is anticipated to indicate the highest CAGR of 89.2% during the forecast period.
By Type
By Operational Frequency
By End Users
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5G Chipset Market Regional Analysis
With 42.05% of the market share in 2025, Asia-Pacific was predicted to lead all other regions, followed by North America and Europe with 30.70% and 23.04% of the share, respectively.
Because of the large number of pure-play foundries that are now functioning in China and South Korea, the Asia-Pacific region is anticipated to occupy a significant part of the market. With 30 new facilities currently under construction, China is home to the largest fab projects globally, according to SEMI. The nation's foundry business can be split into two categories: local and multinational, the latter of which includes foundries run by foreign suppliers like Intel. International players are allowed to enter the country due to the significant presence of OSAT producers around the nation.
By Region
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Jan 22, 2024
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