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Global 5G Chipset Market: By Chipset Type: Application-Specific Integrated Circuits (ASIC), Radio Frequency Integrated Circuit (RFIC), Others; By Operational Frequency; By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global 5G Chipset Market Outlook
The global market for the 5G chipset is expected to grow at a CAGR of about 65.1% in the forecast period of 2023-2028. The surge in global data traffic and increasing mobile-to-mobile connections are major market driving factors.
Asia Pacific is Expected to Dominate the Market During the Forecast Period
In Asia Pacific, the demand for 5G-supporting smartphones have surged and to meet the booming demand, investments have increased for the development of 5G smartphones and new stations supporting the new radio frequencies. Though the COVID-19 pandemic halted the progress and slowed down the manufacturing of chipsets, the development is coming back on track. With the rising action to increase the area covered by 5G services, people will become more inclined to adopt 5G-enabled smartphones. Many players are starting manufacturing plants in the region due to low labour and manufacturing costs. China, South Korea, and India are the key countries for the market growth as sectors such as the automobile industry, online streaming, gaming, and augmented reality are growing. The rising requirement for high graphic processing and video quality will propel the market.
The automobile industry is utilizing 5G chipsets to make smart vehicles, as the low latency can provide the user with additional safety information before it is visible and enable the assembly lines to work faster, increasing the sales of automobiles and further propelling the market growth.
Market Segmentations
5G chipset is an integrated circuit that supports the latest fifth-generation data network and incorporates various hardware accelerators for secure networking and increased processing speed. 5G utilizes a new radio interface and other new technologies to use higher frequencies to transfer more significant amounts of data at faster speeds.
The global 5G chipset market, by chipset type, can be segmented into:
- Application-Specific Integrated Circuits (ASIC)
- Radio Frequency Integrated Circuit (RFIC)
- Millimeter Wave Technology Chips
- Field-Programmable Gate Array (FPGA)
By operational frequency, the market can be divided into:
- Sub-6 GHz
- Between 26 and 39 GHz
- Above 39 GHz
The product finds end-uses in the following sectors:
- Consumer Electronics
- Industrial Automation
- Automotive and Transportation
- Energy and Utilities
- Healthcare
- Retail
- Others
The regional markets for the 5G chipset can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East, and Africa. With Asia Pacific being the leading market region.
Rising Demand for High Internet Speed and Technological Advancements will Propel the Market Growth
5G brings numerous benefits over the previous generation (4G); it eliminates the latency issues and speed inconsistencies due to high internet traffic and increases the number of devices that can connect simultaneously. Telecom providers around the world are noticing the shift toward 5G as the demand for high-speed internet and its coverage rises. The content consumption, video quality, and processing power required for many other functions are increasing daily. We know it took years to deploy 4G, and now to start 5G services, new stations would need to be installed as it uses entirely new radio frequencies.
The smartphone technology is developing and advancing the support for 5G with the rise in cellular IoT (internet of things) connections, influencing the market with positive opportunities. Government initiatives are rising to build smart cities, which will be like a Wi-Fi zone, and various industries are implementing 5G and several sensors to monitor multiple aspects, which in turn increases the safety, further propelling the market.
Key Players in the Global Market for 5G chipset
The report gives a detailed analysis of the following key players in the global 5g chipset market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, investments, expansions of capacity, and plant turnarounds:
- MediaTek Inc.
- Samsung Electronics Co. Ltd
- Qualcomm Technologies, Inc.
- Nokia Corporation
- Huawei Device Co., Ltd.
- Intel Corporation
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Chipset Type |
|
| Breakup by Operational Frequency |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Region
7 Opportunities and Challenges in the Market
8 Global 5G Chipset Market Analysis
8.1 Key Industry Highlights
8.2 Global 5G Chipset Historical Market (2018-2022)
8.3 Global 5G Chipset Market Forecast (2023-2028)
8.4 Global 5G Chipset Market by Chipset Type
8.4.1 Application-Specific Integrated Circuits (ASIC)
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Radio Frequency Integrated Circuit (RFIC)
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Millimeter Wave Technology Chips
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Field-Programmable Gate Array (FPGA)
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.5 Global 5G Chipset Market by Operational Frequency
8.5.1 Sub-6 GHz
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Between 26 and 39 GHz
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Above 39 GHz
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.6 Global 5G Chipset Market by End Use
8.6.1 Consumer Electronics
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Industrial Automation
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Automotive and Transportation
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Energy and Utilities
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Healthcare
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
8.6.6 Retail
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2018-2022)
8.6.6.3 Forecast Trend (2023-2028)
8.6.7 Others
8.7 Global 5G Chipset Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America 5G Chipset Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe 5G Chipset Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific 5G Chipset Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America 5G Chipset Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa 5G Chipset Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 MediaTek Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Samsung Electronics Co. Ltd
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Qualcomm Technologies, Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Nokia Corporation
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Huawei Device Co., Ltd.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Intel Corporation
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global 5G Chipset Market: Key Industry Highlights, 2018 and 2028
2. Global 5G Chipset Historical Market: Breakup by Chipset Type (USD Million), 2018-2022
3. Global 5G Chipset Market Forecast: Breakup by Chipset Type (USD Million), 2023-2028
4. Global 5G Chipset Historical Market: Breakup by Operational Frequency (USD Million), 2018-2022
5. Global 5G Chipset Market Forecast: Breakup by Operational Frequency (USD Million), 2023-2028
6. Global 5G Chipset Historical Market: Breakup by End Use (USD Million), 2018-2022
7. Global 5G Chipset Market Forecast: Breakup by End Use (USD Million), 2023-2028
8. Global 5G Chipset Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global 5G Chipset Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America 5G Chipset Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America 5G Chipset Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe 5G Chipset Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe 5G Chipset Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific 5G Chipset Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific 5G Chipset Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America 5G Chipset Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America 5G Chipset Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa 5G Chipset Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa 5G Chipset Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global 5G Chipset Market Structure.
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 65.1% between 2023 and 2028.
The rising demand for high-speed internet coverage areas with increasing traffic, increasing content quality, and the requirement for higher processing power are driving the market growth.
A more comprehensive range of mobile-to-mobile connections and increasing adaption of 5g in various industries to improve connection are the key trends in the industry.
The major regions in the industry are North America, Latin America, the Middle East, Africa, Europe, and the Asia Pacific, with Asia Pacific being the leading region in the market and Asia Pacific showing numerous growth opportunities.
Application-Specific Integrated Circuits (ASIC), Radio Frequency Integrated Circuit (RFIC), Millimeter Wave Technology Chips, and Field-Programmable Gate Array (FPGA) are the chipset types in the market.
The operational frequency in the market includes Sub-6 GHz, Between 26 and 39 GHz, and Above 39 GHz.
The end-users in the market include Consumer Electronics, Industrial Automation, Automotive and Transportation, Energy and Utilities, Healthcare, and Retail, among others.
The major players in the industry are MediaTek Inc., Samsung Electronics Co. Ltd, Qualcomm Technologies, Inc., Nokia Corporation, Huawei Device Co., Ltd., and Intel Corporation, among others.
Analyst Review
The rising demand for high-speed internet drives the global 5G chipset market. Aided by the growing technological advancements, the market is expected to grow at a CAGR of 65.1% in the forecast period of 2023-2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the 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). Based on operational frequency, the segments in the market are sub-6 ghz, between 26 and 39 ghz, and above 39 ghz. The end-users in the market include consumer electronics, industrial automation, automotive and transportation, energy and utilities, healthcare, and retail, among others. The major regional markets for the 5G chipset are North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa, with Asia Pacific accounting for the largest share of the market. The key players in the above market include MediaTek Inc., Samsung Electronics Co. Ltd, Qualcomm Technologies, Inc., Nokia Corporation, Huawei Device Co., Ltd., and Intel Corporation, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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