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

  • May 2022 •
  • 142 pages •
  • Report ID: 6280803 •
  • Format: PDF
The global 5G chipset market reached a value of US$ 2.84 Billion in 2021. Looking forward, the analyst 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.

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:
the analyst 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:
Sub 6GHz
Between 26 and 39 Ghz
Above 39 Ghz

Breakup by End User:
Consumer Electronics
Industrial Automation
Automotive and Transportation
Energy and Utilities

Breakup by Region:
North America
United States
South Korea
United Kingdom
Latin America
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.

Key Questions Answered in This Report:

How has the global 5G chipset market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global 5G chipset market?
What are the key regional markets?
What is the breakup of the market based on the chipset type?
What is the breakup of the market based on the operational frequency?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global 5G chipset market and who are the key players?
What is the degree of competition in the industry?