The global 5G chipset market reached a market size of USD 1.49 Billion in 2020 and is expected to register a robust CAGR of 47.3% over the forecast period, according to latest analysis by Emergen Research. One of the main factors anticipated to propel the growth of the global 5G chipset market during the forecast period is an increase in machine-to-machine communications.
In the near future, rising demand for mobile broadband services is anticipated to significantly support growth of the worldwide 5G chipset market. Another important factor that is anticipated to boost the growth of the global 5G chipset market over the projected period is the rise in government initiatives to build smart cities in established and developing nations. The global 5G chipset market’s growth is anticipated to be somewhat constrained throughout the projected period by high hardware expenses related to terrestrial network densification.
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The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the 5G Chipset market.
Furthermore, the report provides details about the new players entering the market, and entry-level barriers and offers strategic recommendations to overcome those barriers to gain a substantial industry presence.
Key players in the market include Intel Corporation, Samsung Electronics Co., Ltd., Qualcomm Incorporated, MediaTek Inc, NXP Semiconductors N.V, Huawei Technologies Co., Ltd., Qorvo, Inc., Infineon Technologies AG, Broadcom Inc., and Renesas Electronics Corporation.
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Key Highlights from the Report
Revenue in the 6GHz market is anticipated to grow quickly throughout the projected period, with a double-digit CAGR. This segment’s revenue growth is anticipated to be boosted by leading industry leaders releasing more 5G chipset modules for smartphones that operate in the sub-6GHz band.
Due to the growing use of 7nm processing nodes in the development of 5G chipset modules, the 7 nm category is anticipated to account for the biggest revenue share.
Due to the growing adoption of 5G connectivity across a variety of automotive industry applications, the automotive & transportation segment is anticipated to experience considerable revenue growth during the projected period.
In comparison to other regional markets during the forecast period, North America is anticipated to account for the largest revenue share contribution to the global market due to the significant presence of players like Intel Corporation, Qualcomm Incorporated, MediaTek Inc., and Broadcom Inc. in these nations.
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Emergen Research has segmented the global 5G Chipset market on the basis of frequency, type, processing node, application, end-use, and region:
Frequency Outlook (Revenue, USD Billion; 2021–2028)
mm-Wave
sub-6GHz
sub-6GHz + mm-Wave
Type Outlook (Revenue, USD Billion; 2021–2028)
RFIC
Modem
Processing Node Outlook (Revenue, USD Billion; 2021–2028)
10 nm
7 nm
Others
Application Outlook (Revenue, USD Billion; 2021–2028)
Smartphones & Tablets
Broadband Access Gateway Devices
Connected Devices
Connected Vehicles
Telecom Base Station Equipment
Others
End-use Outlook (Revenue, USD Billion; 2021–2028)
IT & Telecommunication
Consumer Electronics
Healthcare
Industrial Automation
Retail
Media & Entertainment
Energy & Utilities
Automotive & Transportation
Others
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Radical Features of the 5G Chipset Market Report:
The report encompasses 5G Chipset market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
Supply chain analysis along with technological advancements offered in the report
The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the 5G Chipset industry
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