Report Overview
- Understand the latest market trends and future growth opportunities for the 5G Chipsets industry globally with research from the Global Industry Reports team of in-country analysts – experts by industry and geographic specialization.
- Key trends are clearly and succinctly summarized alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight, and confident growth projections.
- The report will cover the overall analysis and insights in relation to the size and growth rate of the “5G Chipsets Market” by various segments at a global and regional level for the 2010-2028 period, with 2010-2021 as historical data, 2022 as a base year, 2023 as an estimated year and 2023-2028 as forecast period.
Description:
- The 5G Chipsets market is projected to grow from USD 36.3 billion in 2023 to USD 81.0 billion by 2028; it is expected to grow at a CAGR of 17.4% from 2023 to 2028.
- The growth of the 5G chipset market is driven by several factors, including the increasing demand for high-speed internet and better network coverage, the rising number of cellular and machine-to-machine (M2M) internet of things (IoT) connections, and the growing adoption of 5G in the automotive industry. The need for better network coverage is driven by the increasing demand for high-speed internet, which is necessary to support data-intensive applications like gaming, video streaming, and virtual reality. 5G networks promise to provide faster speeds, lower latency, and more reliable connectivity, which makes them suitable for supporting these applications. Furthermore, the increasing number of cellular and M2M IoT connections require a more advanced network infrastructure that can support multiple connected devices simultaneously. Lastly, the adoption of 5G in the automotive industry is driven by the need to provide high-speed internet connectivity to vehicles for various applications such as infotainment, navigation, and safety.
Market Drivers:
The increasing demand for high-speed internet and extensive network coverage is driving the growth of the 5G chipset market. The market is expected to benefit from the rising trend of distance learning, autonomous driving, multiuser gaming, and videoconferencing. The popularity of live streaming, telemedicine, and augmented reality is also contributing to the growth of the market.
The collaboration between Reliance Jio and NXP Semiconductor is an example of how 5G technology is being implemented to deliver high-performance networks. The solution powered by Layerscape multicore processors has enabled a wide range of 5G use cases, including telemedicine, tele-education, augmented/virtual reality, and drone-based agricultural monitoring.
The increasing adoption of 5G cellular services is expected to meet the demand for high-speed internet and high-quality voice services. Furthermore, the growing penetration of connected devices in commercial and residential applications is expected to generate demand for short-range connectivity devices for extended coverage.
Overall, the 5G chipset market is expected to witness significant growth in the forecast period due to the rising demand for high-speed internet and extensive network coverage for several applications.
Market Restraints:
It is likely that the cost of 5G-capable smartphone chipsets will be higher than the price of existing 4G chipsets. This is because the technology behind 5G is more advanced and complex, requiring more resources and R&D investment to develop. However, as the technology matures and becomes more widespread, the cost of 5G chipsets is expected to decrease.
In 2019, only high-end smartphones were equipped with first-generation 5G chipsets. However, mass deployment in 2020-2021 was based on second- and third-generation chipsets. Qualcomm’s flagship Snapdragon 8-series Processor, which only supports 5G, is only used in a small number of high-end smartphones. However, by making its 7-series and 6-series lineups available on 5G, the company has dramatically increased its 5G selection. Additionally, for mid-range smartphones, Snapdragon 765 and Snapdragon 690 are already available, and the 4-series chipset, which is used in less expensive phones, was launched for a larger audience.
In the future, MediaTek and Qualcomm are anticipated to decrease the prices of 5G chipsets as the technology becomes more widespread and competition increases. This is likely to make 5G-capable smartphones more affordable for consumers, and as a result, drive the adoption of 5G technology.
Market Opportunity:
The versatility and reliability of 5G networks make them well-suited for a wide range of applications across different industries. The implementation of 5G networks can lead to significant improvements in efficiency, productivity, and safety, particularly in areas such as autonomous vehicles, smart cities, and healthcare. With the increasing adoption of 5G technology, the demand for 5G chipsets is also expected to grow, providing significant opportunities for the 5G chipset market.
Asia Pacific region is expected to be the largest market:
Asia Pacific region is expected to be the largest market for 5G chipsets due to the rapid adoption of 5G networks in the region. With the increased investment in 5G deployments by mobile operators in the region, the number of mobile connections on 5G networks is expected to reach 430 million by 2025. This presents a significant opportunity for the 5G chipsets market, particularly in the mobile devices segment, where smartphones and tablets are expected to be the key opportunistic market space. In addition to mobile devices, 5G connectivity is also expected to play an integral role in advanced technologies such as IoT and M2M communication and applications such as smart cities and industrial automation, further driving demand for 5G chipsets in the Asia Pacific region and beyond.
MARKET DATA INCLUDED
- Unit Sales, Average Selling Prices, Market Size & Growth Trends
- COVID-19 Impact and Global Recession Analysis
- Analysis of US inflation reduction act 2022
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Market Drivers & Limiters
- Market Forecasts Until 2028, and Historical Data to 2015
- Recent Mergers & Acquisitions
- Company Profiles and Product Portfolios
- Leading Competitors
The Report Includes:
- The report provides a deep dive into details of the industry including definitions, classifications, and industry chain structure.
- Analysis of key supply-side and demand trends.
- Detailed segmentation of international and local products.
- Historic volume and value sizes, company, and brand market shares.
- Five-year forecasts of market trends and market growth.
- Robust and transparent research methodology conducted in-country.
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
- Provision of market value (USD Billion) data for each segment and sub-segment.
- Analysis by geography, region, Country, and its states.
- A brief overview of the commercial potential of products, technologies, and applications.
- Company profiles of leading market participants dealing in products category.
- Description of properties and manufacturing processes.
- Marketed segments on the basis of type, application, end users, region, and others.
- Discussion of the current state, setbacks, innovations, and future needs of the market.
- Examination of the market by application and by product sizes; utility-scale, medium scale and small-scale.
- Country-specific data and analysis for the United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Switzerland, Australia, India, Italy, Turkey, Qatar, Sweden, Spain, Belgium, Netherlands, Norway, Singapore, Egypt, Denmark, Austria, Vietnam, Brazil, Argentina, Mexico, South Africa, and others.
- Coverage of historical overview, key industrial development and regulatory framework.
- Analysis of competitive developments, such as contracts & agreements, expansions, new product developments, and mergers & acquisitions in the market.
- A look at the opportunities in the market for stakeholders and provide a competitive landscape of the market leaders.
Reports Scope and Segments:
| Report Attribute | Details |
| Market size value in 2023 | USD 36.3 Billion |
| Revenue forecast in 2028 | USD 81 Billion |
| Growth Rate | CAGR of 17.5% from 2023 to 2028 |
| Base year for estimation | 2022 |
| Historical data | 2015 – 2022 |
| Forecast period | 2023 – 2028 |
| Quantitative units | Revenue in USD million and CAGR from 2022 to 2028 |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, trends, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices. |
| Segments covered | Type, End Use, Process Node, and Frequency & Region |
| Regional scope | North America; Europe; Asia Pacific; Latin America; Middle East and Africa and rest of the world |
| Country scope | United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Switzerland, Australia, India, Italy, Turkey, Qatar, Sweden, Spain, Belgium, Netherlands, Norway, Singapore, Egypt, Denmark, Austria, Vietnam, Brazil, Argentina, Mexico, South Africa, and others. |
| Key companies profiled | Analog Devices Inc.; Anokiwave, Inc.; Arm Limited; Broadcom; Cadence Design Systems, Inc.; Fibocom Wireless Inc.; Huawei Technologies Co., Ltd.; Infineon Technologies AG; MACOM; Marvell; MediaTek Inc.; Murata Manufacturing Co., Ltd.; NXP Semiconductors; OMMIC; Qorvo, Inc; Qualcomm Technologies, Inc.; Quectel; Renesas Electronics Corporation; SAMSUNG; Sivers IMA; Skyworks Solutions, Inc.; Texas Instruments Inc.; u-blox; Unisoc Technologies Co., Ltd.; Xilinx and others |
| Customization scope | Free report customization (equivalent up to 20 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Report Format | PDF, PPT, Excel & Online User Account |
By Type
- MODEMs
- RFICs
- RF TRANSCEIVER
- RF FE
By Origin
- Telecommunication Infrastructure
- Macro Cells
- Small Cell
- Customer Premises Equipment (CPE)
- Mobile Devices
- Smartphones
- Tablets & Laptops
- Mobile Hubs
- Robots/Drones
- Wearables
- AR/VR Devices
- Non-Mobile Devices
- IoT Gateways
- Surveillance Cameras
- Automobile
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa (MEA)
Companies Covered in Report:
| Analog Devices Inc. | OMMIC |
| Anokiwave, Inc. | Qorvo, Inc |
| Arm Limited | Qualcomm Technologies, Inc. |
| Broadcom | Quectel |
| Cadence Design Systems, Inc. | Renesas Electronics Corporation |
| Fibocom Wireless Inc. | SAMSUNG |
| Huawei Technologies Co., Ltd. | Sivers IMA |
| Infineon Technologies AG | Skyworks Solutions, Inc. |
| MACOM | Texas Instruments Inc. |
| Marvell | u-blox |
| MediaTek Inc. | Unisoc Technologies Co., Ltd. |
| Murata Manufacturing Co., Ltd. | Xilinx |
| NXP Semiconductors |
After Sales Support
- Every updated edition of the report and full data stack will be provided at no extra cost for 24 months.
- Latest 2022 base year report.
- Free Updated edition of 2023 every quarter without any hidden cost.
- No user limitation for the report. Unlimited access within the organization.
- Unrestricted post-sales support at no additional cost
- Free report customization (equivalent up to 10 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope
- Global Industry Reports will support your post-purchase for a period of 24 months to answer any of your queries related to the following market and to provide you any more data needed, for your analysis.
- Option to purchase regional or some selected Chapters from the report.
Key questions that are answered in this report
- Who are the top 5 players in the 5G Chipsets market?
- What are some of the technological advancements in the market?
- What are the factors driving the growth of the market?
- What are their major strategies to strengthen their market presence?
- Which major countries are considered in the APAC region?
