5G chipset market is anticipated to grow at a CAGR of 25.1% during the forecast period. According to the GSM Association (GSMA), the deployment of 5G is expected to increase the global GDP by $13.2 trillion by 2035. These new entrants to the market are playing a significant role in this by continuously focusing on developing and launching new products in the market. For instance, in February 2021, EdgeQ, a California-based start-up announced to launch base station on a chip, a new system-on-a-chip (SoC) that can replace multiple functions of a 5G base station. It consumes 50% less power and cost compared to the traditional 5G base stations. Currently, the chip is in the final phase of development and features a programmable PHY and it builds in artificial intelligence features to give a boost to 5G.
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The global 5G chipset market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. The Asia-Pacific region is expected to hold a considerable share in the 5G chipset market during the forecast period, owing to the increasing digitization and availability of developed technological infrastructure in the region.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global 5G Chipset Market Report Segment
By IC Type
- Application-Specific Integrated Circuit (ASIC)
- Radio-Frequency Integrated Circuit (RFIC)
- Cellular IC
- mmWave IC
By Frequency
- Sub-6 GHz
- 24- 39 GHz
- Above 39 GHz
By End-Use
- Smartphones/Tablets
- Telecom Base Station Equipment
- Connected Vehicles
- Connected Devices
- Broadband Access Gateway Devices
- Others (Logistics)
Global 5G Chipset Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global 5G chipset market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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