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. Increasing machine-to-machine connections is one of the key factors expected to drive global 5G chipset market growth during the forecast period. Growing demand for mobile broadband services is expected to further boost growth of the global 5G chipset market in the near future. Increasing government initiatives to create smart cities in developed and developing countries is another key factor expected to augment global 5G chipset market growth over the forecast period.
The study is a professional probe into the revenue generated and capacity estimates for the 5G Chipset market for the forecast period 2021 – 2028 empower the business owners to maintain a competitive edge over their rivals. The research further examines and provides data on the market by type, application and geography interspersed with illustrations and other graphical representations. The market analysis not only determines the attractiveness of the industry but also the evolving challenges and opportunities and their association with the weaknesses and strengths of prominent market leaders. Other factors taken into consideration when studying the industry include profitability, manufacturing capability, distribution channels and industry cost structure and major success factors.
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Additionally, the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report. The key growth trends and opportunities are offered through a thorough investigation and examination of the market. A detailed course of development is offered in the report along with insights into businesses connected with it, which include firms, industries, organizations, vendors, and local manufacturers.
Key Highlights of Report
- 6GHz segment revenue is expected to expand at a rapid double-digit CAGR during the forecast period. Increasing offerings of 5G chipset modules serving the sub-6GHz band from major industry leaders in smartphones is expected to boost revenue growth of this segment.
- The 7 nm segment is expected to account for the largest revenue share due to increasing use of 7nm processing nodes in designing 5G chipset modules.
- The automotive & transportation segment is expected to register significant revenue growth during the forecast period due to rising usage of 5G connectivity in various automotive industry applications.
- Due to robust presence of players such as Intel Corporation, Qualcomm Incorporated, MediaTek Inc, and Broadcom Inc., among others in countries in North America, the region is expected to account for the largest revenue share contribution to the global market as compared to other regional markets during the forecast period.
Prominent Players Analyzed in the Report:
- 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.
The report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2021-2028. According to the regional analysis, the market is primarily spread over key geographical regions as follows:
- 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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The study segments the complete 5G Chipset market on the basis of different application, end-use, end-user, and production capability. From a business standpoint, the industry has been thoroughly examined across various countries located in North America, Europe, Asia-Pacific, and others. The size of the industry for the forecast period 2021 – 2028 is evaluated on the basis of current sales figures and past financial report can be used to forecast the future sales.
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)
- Processing Node Outlook (Revenue, USD Billion; 2021–2028)
- 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
Overview of the 5G Chipset Market Report:
- Introduction, Product Scope, Market Overview, and Opportunities
- Analysis of the Manufacturers with sales, revenue, and price analysis
- Comprehensive analysis of the competitive landscape
- Extensive profiling of the key competitors along with their business strategies and market size
- Regional analysis of the market along with sales, revenue, market share, and global position
- Country-wise analysis of the market along with types, applications, and manufacturing
- Strategic recommendations to established players as well as new entrants
- In-depth analysis of the risks, restraints, and limitations in the 5G Chipset industry
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The report covers key points of the market, including the standards, regulations, and policy changes applied by the government on the industry for the coming years. The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.
The research provides answers to the following key questions:
- What will be the size and the growth rate of the 5G Chipset market for the forecast period 2021 – 2028?
- What are key drivers believed to shape the future of the market during the estimated period?
- What are the prominent industry players dominating the 5G Chipset market during the forecast period?
- What are the major trends influencing the development of the industry?
- What are the key challenges likely to hinder the progress of the market?
- What are major opportunities and threats encountered by the business owners operating in the business vertical?
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