Global 5G Chipset Market Size Grows to US$174.23 Billion

Sub Levels

NEW YORK, USA, June 19, 2023 (Globe Newswire) — Global 5G chipset market size will grow from USD 32.73 billion in 2022 to USD 174.23 billion by 2032, with a compound annual growth rate (CAGR) of 18.2% during the forecast period.

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5G chipsets are key components that enable devices to connect and communicate with fifth generation (5G) wireless networks. It enables faster data speeds, lower latency and increased network capacity compared to the previous generation. 5G chipsets will support multiple frequency bands, such as sub-6 GHz and mmWave, and incorporate technologies such as beamforming and massive MIMO to improve coverage and signal strength. It also includes security features to ensure data privacy and protection. 5G chipsets enable the potential for enhanced mobile connectivity, real-time applications, and transformative technologies such as self-driving cars, remote surgery, and smart cities.

Report coverage

This research report categorizes the 5G Chipset market based on various segments and regions, projects revenue growth, and analyzes trends in each submarket. This report analyzes the key growth drivers, opportunities and challenges impacting the 5G Chipset market. Recent market developments and competitive strategies such as expansions, product launches, developments, partnerships, mergers and acquisitions have been included to portray the competitive landscape of the market. The report strategically identifies and profiles key market players and analyzes their core competencies in each sub-segment of the 5G Chipset market.

Browse key industry insights across the report’s 110 market data tables and 200 pages of figures and charts.,”Global 5G chipset market sizeshare, and COVID-19 impact analysis, by type (modems, RFIC, etc.), by operating frequency (sub-6 GHz, 24-39 GHz, and above 39 GHz), and by processing node type (7 nm, 10 nm, etc.), By Deployment Type (Telco Base Station Equipment, Smartphones/Tablets, Connected Cars, Connected Devices, Broadband Access Gateway Devices, etc.), By Industry (Manufacturing, Energy & Utilities, Media & Entertainment, IT & Others) Telecommunications, Transportation & Logistics, Healthcare, Others), by Region (North America, Europe, Asia Pacific, Latin America, Middle East, Africa), Analysis and Forecasts for 2022-2032. A detailed description of the report is available here:

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The modem segment is expected to grow at a CAGR of around 18.7% during the forecast period.

Based on type, the global 5G chipset market is segmented into modems, RFICs, and others. The modem segment is projected to witness significant growth during the forecast period for the 5G chipset market. Modems are key components that enable wireless communication by providing the necessary modulation and demodulation functions. As the deployment of 5G networks continues, the demand for high-performance modems is increasing. Modems play a key role in facilitating faster data speeds, lower latency, and more reliable connections for 5G devices. Moreover, as 5G technology expands into various areas such as self-driving cars, IoT, and smart cities, the demand for modems with advanced features is expected to increase, driving the growth of the modem segment during the forecast period.

7nm segment to hold largest market share of ~34.7% in 2022

Based on processing node type, the global 5G chipset market is segmented into 7 nm, 10 nm, etc. The 7nm segment has emerged as the dominant player in the 5G chipset market. The 7 nm (nanometer) semiconductor manufacturing process will enable the creation of smaller, more efficient and powerful chipsets. Benefits include better performance, lower power consumption, and higher transistor density. These advantages are crucial to meet the demands of 5G technology, which requires faster data processing, increased bandwidth, and improved energy efficiency. The 7 nm segment’s dominance stems from its ability to deliver chipsets that meet the stringent requirements of 5G networks, providing enhanced connectivity, reduced latency, and advanced functionality becomes possible.

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North America is projected to grow at a significant CAGR during the forecast period.

By region, North America is projected to witness significant growth during the forecast period due to several reasons. The region is at the forefront of his 5G infrastructure development, with major network operators investing heavily in network deployment and expansion. This creates a favorable environment for the adoption of 5G chipsets. North America has a large consumer base with high smartphone penetration, increasing demand for 5G-enabled devices and subsequently the need for 5G chipsets. Additionally, the region has a thriving ecosystem of technology companies and start-ups, driving innovation and the development of new applications and services that rely on 5G networks, further driving demand for 5G chipsets.

Competitor analysis:

This report provides a good analysis of major organizations/companies involved in the global market along with comparative evaluation mainly based on product offering, business overview, geographical presence, company strategy, segment market share and SWOT analysis. . The report also provides an in-depth analysis focused on the company’s current news and developments, including product developments, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, etc. This allows us to assess the overall competition within the market. Major Players in the Global 5G Chipset Market Include Huawei Technologies, Inc., MediaTek Inc., Intel Corporation, Samsung, Infineon Technologies AG, Qualcomm Technologies, Inc., Unisoc Communications Inc., Qorvo, Inc., Anokiwave, Inc. .It is included. ., Xilinx, Nokia Corporation, Renesas Electronics Corporation, NXP Semiconductors NV, Analog Devices Inc., and Cavium Inc.

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Market segment

The study forecasts global, regional and country-level revenues from 2019 to 2032. Spherical Insights has segmented the global 5G Chipset market based on the following segments:

5G Chipset Market, By Type

5G Chipset Market, By Operating Frequency

  • By operating frequency
  • Sub 6GHz
  • 24-39GHz
  • 39 GHz or higher

5G Chipset Market, By Processing Node Type

5G Chipset Market, By Deployment Type

  • Communication base station equipment
  • Smartphone/Tablet
  • connected vehicle
  • connected device
  • Broadband access gateway device
  • others

5G Chipset Market, By Industry

  • manufacturing industry
  • energy and utilities
  • media and entertainment
  • IT & Telecom
  • Transportation and Logistics
  • health care
  • others

5G Chipset Market, Regional Analysis

  • North America
  • Europe
    • Germany
    • England
    • France
    • Italy
    • Spain
    • Russia
    • rest of europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Korea
    • Australia
    • Rest of Asia Pacific
  • south america
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East and Africa
    • United Arab Emirates
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East and Africa

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