5G Chipset Market Research Report
Growth opportunities in the 5G Chipset Market look promising
over the next six years. This is mainly due to the strong demand for high-speed
data transfer and the large network coverage for distance learning, multiuser
gaming, and videoconferencing.
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5G Chipset Market Dynamics (including
market size, share, trends, forecast, growth, forecast, and industry analysis)
Key
Drivers
The surging demand for high-speed internet, along with the
extensive network coverage for applications such as autonomous driving, video
conferencing, distance learning, and multiuser gaming, is regarded as one of
the most prominent drivers supplementing the growth of the 5G
chipset market. In addition, the massive demand for prompt transfer of
data, mobile broadband technology, and data and information processing have
further strengthened the 5G chipsets market size. Also, the market has
witnessed an augmentation in the cellular internet of things connection. The
pace and reliability of 5G are forecasted to influence the machine-to-machine
and IoT. Moreover, the expanding acquisition of novel M2M technologies for
enhanced connectivity, better communication, and led energy usage has promoted
market growth. Thus, the stimulating requirement for broader network capability
to manage M2M and human-based communication has raised the 5G chipset market
share.
Furthermore, the accelerating demand for mobile data traffic
is propelling market growth. The extension in cellular networks has allowed
users to experience fastened data rates with low intermission. This mounting
demand for mobile data services is mainly attributed to the increasing
implementation of applications and services in both consumer electronic devices
and business-to-business communication systems. The aggravating emphasis on the
establishment of sophisticated chipset modules for telecom base stations to
reduce the overall size and power consumption is further driving the market
growth. SAMSUNG Electronics Co., Ltd, in 2019, introduced two new 5G chipset
components for telecom base stations known as Radio Frequency Integrated
Circuits. However, the high cost of these chipsets for mobile devices is
hindering market growth. The value of smartphone chipsets that support 5G is
quite expensive as compared to the 4G.
Type Segment
Drivers
Based on the type, RFIC is expected to witness a higher CAGR
during the forecast period. It includes the RF transceiver and RF FE segment.
This is owing to the growing number of RF transceiver ICs in smartphones is.
The deployment of the mmWave ICs in the 5G infrastructure equipment and the
high bandwidth offered by the technology are further bolstering the market
growth
5G
Chipset Market’s leading Manufacturers:
·
NXP Semiconductors
·
Marvell
·
Huawei Technologies Co., Ltd.
·
Skyworks Solutions, Inc.
·
Analog Devices, Inc.
·
Anokiwave
·
MediaTek Inc.
·
SAMSUNG
·
Qorvo, Inc.
·
Qualcomm Technologies, Inc.
5G Chipset Market Segmentation:
Segmentation by Type
·
Modem
·
RFIC
Segmentation by End Use
·
Telecommunication
·
Mobile Devices
·
Non-Mobile Devices
·
Automobile
Segmentation by Frequency
·
Sub-6 GHZ
·
24-39 GHZ
·
Above 39 GHZ
Segmentation by Process Node
·
Less than 10 NM
·
10-28 NM
·
Above 28 nm
Segmentation by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
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