5G Chipset Market Size, Share and Analysis | Forecast

 

5G Chipset Market

The 5G Chipset Market was valued at USD 12,912 Million in 2020 and is predicted to grow at a CAGR of 26% over the forecast period.

The factors driving the growth of 5G Chipset Market includes growing demand for 5G high-speed connectivity by the consumers, increasing application of Internet of Things in smart devices and growing mobile data traffic across the world. In addition, the growing investments by leading telecom operators along with increasing acquisition of companies, for example AMD’s acquisition of Xilinx for $35 billion, are some of the factors, augmenting the growth of 5G Chipset Market worldwide. Nokia Corporation’s agreement worth USD 2.2 billion with Chinese telecom operators, namely, China Telecom Corporation Limited, China Mobile Limited, and China United Network Communications Group Co., Ltd., in November 2018 to develop high-speed network infrastructure in China, which will enhance the market growth in China. Moreover, the emerging need for large bandwidth, increased connectivity, and rising demand for M2M Technologies, along with growing smartphone penetration, are some of the additional factors boosting the Global 5G Chipset Market.

However, the growth of 5G Chipset market is hindered due to growing privacy concerns and strict government regulations for preventing cyber-attacks.

The prominent players operating in the market includes Huawei Technologies Co., Ltd., MediaTek Inc., Qualcomm Technologies, Inc., Analog Devices, Inc., Skyworks Solutions, Inc., SAMSUNG, Marvell, Anokiwave, and NXP Semiconductors, Qorvo, Inc. among others.

Type – Segment Analysis

Based on type, the RFIC type segment is predicted to capture a significant market share during the forecast period due to growing number of smartphone devices and increasing use of mmWave ICs in 5G infrastructure.

Process Node – Segment Analysis

Based on Process Node, the 10 to 28 nm segment is anticipated to expand at a remarkable CAGR during the forecast period due to increasing technological innovation in the production process and increasing adoption of 10 to 28 nm process nodes in the 5G Infrastructure.

Regional – Segment Analysis

 Based on region, the Asia Pacific is anticipated to dominate the market. The increasing investments by the leading players for developing 5G Infrastructure in India, South Korea, Japan, and China along with rising disposable and growing population rate, are some of the factors expected to increase the 5G Chipset Market Share in the Asia-Pacific.

Market Segmentation

Global 5G Chipset Market by Type

  • Modem
  • RFIC

Global 5G Chipset Market by End Use

  • Telecommunication
  • Mobile Devices
  • Non-Mobile Devices
  • Automobile

Global 5G Chipset Market by Frequency

  • Sub-6 GHZ
  • 24-39 GHZ
  • Above 39 GHZ

Global 5G Chipset Market by Process Node

  • Less than 10 NM
  • 10-28 NM
  • Above 28 nm

Global 5G Chipset Market by Region

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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