Global 5G Chipset Market is valued at USD 1.6 Billion in 2021 and expected to reach USD 53.26 Billion by 2028 with a CAGR of 65.0% over the forecast period.
Global 5G Chipset Market: Global Size, Trends, Competitive, And Historical & Forecast Analysis, 2022-2028: Throughout the projected timeframe, the increased need for a high-speed connection that has less than 1ms lag to provide constant connection is likely to drive market expansion. The increase in mobile IoT (internet of things) connectivity will have an impact on the speed of expansion of the 5G chip industry.
A 5G Chipset is a grouping of electrical devices that constitute an incorporated circuit. A chip is an alternative term for an information flow managing technology. A chipset's role is to govern the data flow that travels across the gadget in order for it to operate effectively. 5G refers to the fifth version of mobile networking equipment. The goal of 5G networks is to deliver additional information to a wider variety of applications. A 5G chipset is a crucial element of 5G gadgets since it is engaged in many activities of the computer. 5G chipsets are used to transport 5G signals by smartphones, handheld hotspots, IoT devices, and, progressively, laptop PCs having mobile networking capability. Sub-6GHz channels, along with high-frequency millimeter-wave (mmWave) bands with highly directed beam-steering, will be integrated with contemporary MIMO antenna technologies in 5G portable devices.
The widespread transmission of COVID-19 has had a negative influence on 5G chipset manufacture, causing a delay in manufacturing in various nations including the United States, China, and South Korea. As a result of this circumstance, numerous distribution network participants have been obliged to relocate their manufacturing sites outside of China. Major firms like Samsung Electronics Co., Ltd. as well as Huawei Technologies Co., Ltd. had reduced the manufacture of 5G chipsets. As a result, telecom infrastructure operators would face certain delays in developing and upgrading 5G-enabled devices.
The global 5G Chipset market is segmented based on the frequency type, deployment type, processing node type, chipset type, end-use, and region & country level. Based on frequency type the global 5G chipset market is segmented into sub-6Hz, between 26 and 39 gHz, above 39 gHz. By deployment type the global 5G chipset market is segmented into smartphones/tablets, telecom base station equipment, connected vehicles, broadband access gateway, connected devices, others. By processing node type the global 5G chipset market is segmented into 7 nm, 10 nm, Others. By chipset type the global 5G chipset market I segmented into Application- Radio Frequency Integrated Circuit (RFIC), Specific Integrated Circuit (ASIC), Cellular Integrated Circuit (Cellular IC), Millimetre Wave Integrated Circuit (mm Wave IC). By end user the global 5G chipset market is segmented into manufacturing, energy and utilities, it and telecom, transportation and logistics, media and entertainment, healthcare, others
The regions covered in the global 5G Chipset market report are North America, Europe, Asia-Pacific, Latin America, and the rest of the World. Based on country level, the market of global 5G Chipset is sub divided into U.S., Mexico, Canada, U.K., France, Germany, China, Italy, India, Japan, Southeast Asia, Middle East Asia (Saudi Arabia, UAE, Egypt) GCC, Africa, etc.
Some major key players for the global 5G Chipset market report cover prominent players like
MediaTek Launched 5G chipset Dimensity 9200
On November 8th, 2022; MediaTek unveiled the Dimensity 9200, its newest 5G chipset that will power the next generation of premium devices with improved efficiency and battery savings. Smartphones using the Dimensity 9200 processor will be released by the conclusion of 2022. "The Dimensity 9200 from MediaTek combines top performance with substantial power reductions, prolonging battery capacity and keeping devices cool." With much brighter image capture and faster gameplay capabilities, as well as the most recent display upgrades,
MediaTek Launched 5G chipset Dimensity 1050
On May 23th, 2022; MediaTek introduced the Dimensity 1050 system-on-chip [SoC], first ever mmWave 5G chipset, which will drive the upcoming generations of 5G handsets with continuous linkage, displays, gameplay, and battery efficiency. The Dimensity 1050 will give the bandwidth and capacities necessary to offer mobile phone users with an outstanding encounter, particularly in some of the greatest densely inhabited regions, owing to dual connection utilizing mmWave and sub-6GHz.
GCT Semiconductor is Planning to Launch 5G Chipset
On January 22th, 2022; GCT Semiconductor, Anapass' fabless chip development business, plans to introduce a novel 5G chipset co-developed alongside Verizon in the year and. Since 2019, the South Korean business has already been co-developing the chip with the United States carrier. According to reports, the chipset adheres to 3GPP 5G New Radio Release 15 specifications. It covers the sub-6GHz as well as 28GHz/39GHz mmWave frequency bands and has download rates of more than 6Gbps.
The industry for 5G chipsets is predicted to grow in response to increased demand for high-speed broadband and extensive networking penetration for a wide range of applications such as distant education, automated vehicles, multiuser entertainment, live broadcasting, videoconferencing, telemedicine, as well as virtual reality. Increasing demand for portable bandwidth, high-speed data transmission, and information and data analysis is driving the advancement of 5G mobile innovation. It is also expected to increase mobile networking performance and bridge the gap among poor and minimal system penetration and information accessibility that occurs in today's networking versions (3G/4G).
Significant demand for 5G-enabled phones with high-speed internet access is expected in the future. Monthly cellular data usage for each phone is expected to climb further over the world. The widespread use of smartphones is likely to drive market expansion. Based on Ericsson's analysis, 5G will account for approximately 39 % of phone connections in India by the end of 2027, amounting to over 500 million connections. The volume of smartphone connections is predicted to reach 810 million by the end of 2021, rising to over 1.2 billion by 2027, supporting or accelerating the need for 5G chipsets.
Due to the overall inclusive form of the services that are supported, from severe broadband offerings to the extremely enormous machine category interaction and connection and MTC, the 5G is anticipated to introduce various levels of complexities to the spectrum. Each program needs its unique spot on the spectrum depending on its requirements.
North America is likely to remain to represent the greatest market share throughout the forecast timeframe because of the rising adoption of innovative solutions that demand high-speed Connectivity, such as machine-to-equipment or IoT connectivity in different sectors across the region. Furthermore, the strong existence of major market competitors including Intel Corporation, MediaTek Inc, and Broadcom Inc., Qualcomm Incorporated, among others, in the area's nations is likely to drive sales development in the region throughout the projection period.
Based on the current GSMA Intelligence study, 'Mobile Economics North America 2020,' 5G will represent more than 50% of overall wireless subscriptions in North America. By 2025, 51% of the region's 426 million cellular subscribers will be on 5G technology. According to the research, the area would have 340 million mobile customers by 2025.
The emphasis on intelligent manufacturing methods is a prominent trend influencing the industry under consideration. According to IBEF statistics, the Government of India has established an ambitious objective of boosting industrial production share to GDP to 25% by 2025, up from 16% presently. The Smart Advanced Manufacturing and Rapid Transformation Hub (SAMARTH) Udyog Bharat 4.0 program aims to raise knowledge of Industry 4.0 in the Indian production business and assist participants in addressing intelligent manufacturing concerns.
|2018 - 2021
|2021 - 2028
|Market Size in 2021:
|USD 1.6 Billion
|Base year considered
|Forecast Period CAGR %:
|Market Size Expected in 2028:
|USD 53.26 Billion
|Tables, Charts & Figures:
|SAMSUNG, Infineon Technologies AG, Qualcomm Technologies, Nokia, Xilinx, Renesas Electronics Corporation, Intel Corporation, Broadcom, Huawei Technologies Co, NXP Semiconductors, Qorvo, Marvell, Texas Instruments Incorporated, Analog Devices, Inc., Unisoc (Shanghai) Technologies Co, IBM, Skyworks Solutions, and Anokiwave, among others.
|By Frequency Type, By Deployment Type, By Processing Node Type, By Chipset Type, By Application, By End-User.
|North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa
By Frequency Type:
By Deployment Type:
By Processing Node Type:
By Chipset Type:
We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination interested? please email us firstname.lastname@example.orgJOIN US
BrandEssence® Market Research and Consulting Pvt ltd.
124, City Road, London EC1V 2NX
© Copyright 2024-25 BrandEssence® Market Research and Consulting Pvt ltd. All Rights Reserved | Designed by BrandEssence®