5G Chipset Market Report Scope & Overview:
Get more information on 5G Chipset Market - Request Sample Report
The 5G Chipset Market Size was valued at USD 39.8 Billion in 2023 and is expected to reach USD 204.59 Billion by 2032 and grow at a CAGR of 19.95% over the forecast period 2024-2032.
The fifth-generation network chipsets are growing significantly lower latency compared to existing 4th generation LTE chipsets. 5G chipsets can provide data transfer speeds 10 to 100 times faster with greater efficiency than current technology, is driving market growth. This innovative solution can seamlessly extend the operational frequency of existing wireless broadband internet, making it a game-changer in the industry. 5G chipsets are designed to deliver top-notch performance for connected devices, ultimately enhancing user experience, connectivity, and overall operational effectiveness across all industry sectors. The growing demand for high-speed and low latency 5G infrastructure is a drive on the market. These chipsets are also widely utilized in consumer electronics such as smartphones, tablets, laptops, and other connected devices.
Market Dynamics
Drivers
The increasing adoption of connected cars, smart homes, and other Internet of Things (IoT) devices has significantly Increase the demand for 5G chipsets with the expansion of market.
Rapidly Increasing Usage of Machine to machine (M2M) communication technology Drives market.
The Consistently Raising demand for high-speed internet and broad network coverage, coupled with decreased latency and power consumption, is driving the market.
The growing Need for transmission of quicker data across the world and efficiency data processing.
The decrease in the price of mobile devices has Increase to a growing number of smartphone users across the world. The demand for high-quality audio and video content has also seen a sharp increase. Smartphones have become the preferred device for accessing internet media, including business apps, file sharing, live video streaming, and audio streaming. However, current LTE technologies do not fully support all these applications. The speed of internet of 4G network typically ranging between 2 and 6 Mbps, the demand for faster speeds more than 10 Mbps is Increasing that Push industry towards 5G technology. 5G is expected to deliver internet speeds greater than 10 megabits per second, making it a highly attractive option due to its high speeds, extensive coverage, and minimal latency. Consumers and businesses are looking for faster, more reliable internet connections to support their growing digital needs, these factors are driving expansion of the 5G market.
Restraint
The Increasing prices of 5G chips for mobile devices have become a significant concern in the tech industry.
The Allocation Fragmented Spectrum Major Restrain for Market.
Opportunities
The growing of private 5G networks to meet the wireless communication needs of industrial IoT.
Rapidly growing need for Mobile data Services.
Challenges
Challenges in designing RF devices for operation at higher frequencies.
Designing radio frequency (RF) devices to operate at higher frequencies presents several challenges. These challenges include managing signal integrity, minimizing interference, and ensuring efficient power consumption. As frequencies increase, the wavelength of the signal’s decreases, leading to increased signal loss and decreased range. Higher frequencies require more precise component placement and tighter tolerances to maintain signal integrity. To address these challenges, designers must carefully consider the materials, components, and layout of their RF devices to optimize performance and reliability. By understanding and addressing these challenges, designers can create RF devices that operate effectively at higher frequencies.
The crisis between Russia and Ukraine has notably influenced the telecommunications and technology sectors, particularly impacting the 5G chipset market. Many Western companies have withdrawn from the Russian market. This has resulted in significant operational changes and strategic exits by major global telecom and technology firms like Ericsson and Nokia. These companies are grappling with issues related to sanctions compliance, supply chain shortages, and Increasing energy costs, creating a market environment of volatility and uncertainty. The crisis has spurred an increase in defense spending among countries near the conflict. This uptick in defense-related investments could indirectly impact the 5G chipset market, as there may be a surge in spending on telecommunications and technology infrastructure for defense purposes. the heightened attention to cybersecurity in the aftermath of increased cyberattacks associated with the conflict underscores the critical importance of having secure and reliable telecommunications infrastructure, particularly within the realm of 5G networks.
Impact of Economic Downturn:
Despite economic challenges, there is a projected growth in the demand for 5G chipsets owing to the expanding Dependance on technology, especially in areas requiring high-speed internet and extensive network coverage. Economic slowdowns may lead to delays in infrastructure investments by telecommunication companies and governments. This results in a slower rollout of 5G networks, affecting the demand for 5G chipsets. Economic downturns disrupt global supply chains, affecting the production and distribution of electronic components, including 5G chipsets. Shortages or delays in the supply chain hinder the availability of 5G-enabled devices. The major Players cut back on research and development (R&D) expenditures during economic downturns, results the slowing down the innovation in the 5G chipset industry. This could impact the development of more advanced and efficient chipsets.
By Type
Modems
RFICs
RF Transceivers
RF FE
Millimeter Wave Integrated Circuit (mmWave IC)
Cellular Integrated Circuit (Cellular IC)
Others
By Deployment Type
Smartphone/Tablets
Connected Vehicles
Connected Devices
Broadband Access Gateway Devices
Others
By Processing Node
7 nm
10 nm
Others
The 7nm segment Dominates the Market with the holding More than 53% of global revenue share. The increasing adoption of 7nm technology in chip design, known for its reduced power consumption, enhanced switching performance, and increased density, has been a major driver behind the segment's growth. Manufacturers worldwide have been quick to prioritize the production of 5G chipset components using a 7nm processor node. Leading industry players like MediaTek Inc., Huawei Technologies Co. Ltd., and Qualcomm Incorporated have been at the forefront of creating 5G chipset components with a 7nm processing node. The 7nm process not only delivers superior performance compared to larger process nodes but also meets the demanding requirements of 5G networks, including high data rates, low latency, and reliable connectivity.
The 10nm segment is expected to grow with the highest compound annual growth rate (CAGR) in the coming years. The 10nm process stands out for its ability to integrate more transistors onto a single chip, enabling the development of more powerful and energy-efficient 5G chipsets. This capability is crucial for supporting advanced features like Massive MIMO and beamforming, which demand multiple transistors to be integrated onto the chip.
By Operating Frequency
Sub-6 GHz
24-39 Ghz
Above 39 Ghz
By Vertical
Manufacturing
Energy & Utilities
Media & Entertainment
IT & Telecom
Transportation & Logistics
Healthcare
Others
The IT & Telecommunication sector emerged as the dominant Segment in the market and Holds the Highest share of More than 35% of the global revenue. Because of substantial efforts made by major players in developing 5G chipset modules for telecom base stations, broadband gateway devices, and other equipment use for communication. The increasing prevalence of data-intensive applications, such as video streaming and cloud services, has created a increasing demand for faster and more reliable networks. The integration of 5G chipsets into IT and Telecom infrastructure has proven to be a important solution to meet this demand, facilitating quicker and more efficient data transfer processes that enhance overall infrastructure performance.
The manufacturing sector is projected to have significant growth in the coming years. Industry major players have come to the realization that digitalization is essential for enhancing overall productivity. They are increasingly turning to various digitalization technologies to automate their manufacturing processes. Incorporating 5G chipsets into operations, manufacturers can facilitate faster and more efficient machine-to-machine communication. This, in turn, allows for the optimization of infrastructure usage, leading to increased efficiency and effectiveness. The adoption of 5G chipsets in manufacturing is not only revolutionizing communication within factories but also paving the way for the development of innovative use cases and applications.
The Asia Pacific region emerged as the dominant the market, with the Holding share of more than 39% of Global Market revenue. This is because of the increasing demand for high-speed connectivity and the growing adoption of advanced technologies such as AI, IoT, and cloud computing. Over the projected period, the growing desire for smart manufacturing in Developing economies such as China and India are expected to fuel the usage of 5G chipset. This trend is Increasing the creation of innovative use cases and applications in Various sectors such as smart cities, healthcare, education, and transportation.
The North American region is expected for significant growth in the coming years. The deployment of 5G networks in North America is driving the expansion of Advanced technologies such as autonomous vehicles, augmented reality, and virtual reality, all of which rely on low latency and high bandwidth. The United States is experiencing a increasing in investment in smart homes, smart industries, and smart cities. there is a consistently growing interest among U.S. consumers in high-quality online gaming experiences. The country is also establishing itself as a leader in the adoption of self-driving vehicles and Smart transportation systems. These advancements are expected to fuel the demand for 5G chipset components in North America.
Need any customization research on 5G Chipset Market - Enquiry Now
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major key players are Broadcom, IBM, Intel Corporation, Nokia Corporation, Samsung Electronics Co., Ltd., Mediatek Inc., Xilinx Inc., Huawei Technologies Co., Ltd. Qorvo, Infineon Technologies AG & Other Players.
In February 2023, Qualcomm Technologies, Inc., a leading semiconductor technology company, unveiled the Snapdragon X75, its cutting-edge 6th generation 5G radio frequency modem. The primary highlight of the Snapdragon X75 5G modem is its compatibility with 5G-Advanced (5G-A), a revolutionary network protocol that promises significant enhancements over standard 5G connections.
In January 2022, Huawei Corporation Co. Ltd. solidified its position as a global leader in communication, network, and electronics devices and solutions with the release of its groundbreaking 5G technology. The company introduced the Huawei 5G CPE Pro and the 5G multi-mode chipset Balong 5000, setting a new standard for service quality for Huawei smartphone users.
In February 2022, Intel Corporation continued to push the boundaries of technology with the release of its new Xeon Server processor, featuring 5G capabilities. This high-end chipset is tailored for use in advanced 5G carrier infrastructure and data center networks, further solidifying Intel's reputation as a leading provider of top-of-the-line processors.
In December 2022, Skyworks Solutions, Inc. unveiled the most efficient portfolio of Wi-Fi front-end modules (FEMs) in the industry. This groundbreaking collaboration with Broadcom aims to meet the power, performance, and thermal needs of Wi-Fi 6/6E-enabled devices in the upcoming generation of enterprise and Internet of Things (IoT) products.
Report Attributes | Details |
Market Size in 2023 | USD 39.8 Bn |
Market Size by 2032 | USD 204.59 Bn |
CAGR | CAGR of 19.95% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Type (Modems, RFICs {RF Transceivers, RF FE}, Millimeter Wave Integrated Circuit (mmWave IC), Cellular Integrated Circuit (Cellular IC), Others) • By Deployment Type (Smartphone/Tablets, Connected Vehicles, Connected Devices, Broadband Access Gateway Devices, Others) • By Processing Node (7 nm, 10 nm, Others) • By Operating Frequency (Sub-6 GHz, 24-39 Ghz, Above 39 Ghz) • By Vertical (Manufacturing, Energy & Utilities, Media & Entertainment, IT & Telecom, Transportation & Logistics, Healthcare, Others) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | Broadcom, IBM, Intel Corporation, Nokia Corporation, Samsung Electronics Co., Ltd., Mediatek Inc., Xilinx Inc., Huawei Technologies Co., Ltd. Qorvo, Infineon Technologies AG. |
Key Drivers | • For a variety of applications, there is a growing demand for high-speed internet and vast network coverage. • Demand for mobile broadband, high-speed data transport, and data and information processing is growing. |
Market Challenges | • Many phones do not support 5G cellular networks. • There aren't many 5G phones on the market right now. |
Ans:- The forecast period of the 5G Chipset Market is 2024-2031.
Ans:- The most important restraining factor is that 5G is projected to be more costly than the present 4G networks.
Ans :- In 2023, Asia Pacific led the market with the highest share.
Ans: - The major key players are Broadcom, IBM, Intel Corporation, Nokia Corporation, Samsung Electronics Co., Ltd., Mediatek Inc., Xilinx Inc., Huawei Technologies Co., Ltd. Qorvo, Infineon Technologies AG.
Ans:- Key Stakeholders Considered in the study, Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters etc
TABLE OF CONTENT
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. 5G Chipset Market, By Type
9.1 Introduction
9.2 Trend Analysis
9.3 Modems
9.4 RFICs
9.4.1 RF Transceivers
9.4.2 RF FE
9.5 Millimeter Wave Integrated Circuit (mmWave IC)
9.6 Cellular Integrated Circuit (Cellular IC)
9.7 Others
10. 5G Chipset Market, By Deployment Type
10.1 Introduction
10.2 Trend Analysis
10.3 Smartphone/Tablets
10.4 Connected Vehicles
10.5 Connected Devices
10.6 Broadband Access Gateway Devices
10.7 Others
11. 5G Chipset Market, By Processing Node
11.1 Introduction
11.2 Trend Analysis
11.3 7 nm
11.4 10 nm
11.5 Others
12. 5G Chipset Market, By Operating Frequency
12.1 Introduction
12.2 Trend analysis
12.3 Sub-6 GHz
12.4 24-39 Ghz
12.5 Above 39 Ghz
13. 5G Chipset Market, By Vertical
13.1 Introduction
13.2 Trend analysis
13.3 Manufacturing
13.4 Energy & Utilities
13.5 Media & Entertainment
13.6 IT & Telecom
13.7 Transportation & Logistics
13.8 Healthcare
13.9 Others
14. Regional Analysis
14.1 Introduction
14.2 North America
14.2.1 USA
14.2.2 Canada
14.2.3 Mexico
14.3 Europe
14.3.1 Eastern Europe
14.3.1.1 Poland
14.3.1.2 Romania
14.3.1.3 Hungary
14.3.1.4 Turkey
14.3.1.5 Rest of Eastern Europe
14.3.2 Western Europe
14.3.2.1 Germany
14.3.2.2 France
14.3.2.3 UK
14.3.2.4 Italy
14.3.2.5 Spain
14.3.2.6 Netherlands
14.3.2.7 Switzerland
14.3.2.8 Austria
14.3.2.10 Rest of Western Europe
14.4 Asia-Pacific
14.4.1 China
14.4.2 India
14.4.3 Japan
14.4.4 South Korea
14.4.5 Vietnam
14.4.6 Singapore
14.4.7 Australia
14.4.8 Rest of Asia Pacific
14.5 The Middle East & Africa
14.5.1 Middle East
14.5.1.1 UAE
14.5.1.2 Egypt
14.5.1.3 Saudi Arabia
14.5.1.4 Qatar
14.5.1.5 Rest of the Middle East
14.5.2 Africa
14.5.2.1 Nigeria
14.5.2.2 South Africa
14.5.2.3 Rest of Africa
14.6 Latin America
14.6.1 Brazil
14.6.2 Argentina
14.6.3 Colombia
14.6.4 Rest of Latin America
15. Company Profiles
15.1 Broadcom.
15.1.1 Company Overview
15.1.2 Financials
15.1.3 Products/ Services Offered
15.1.4 SWOT Analysis
15.1.5 The SNS View
15.2 Unisoc Communications, Inc.
15.2.1 Company Overview
15.2.2 Financials
15.2.3 Products/ Services Offered
15.2.4 SWOT Analysis
15.2.5 The SNS View
15.3 Intel Corporation
15.3.1 Company Overview
15.3.2 Financials
15.3.3 Products/ Services Offered
15.3.4 SWOT Analysis
15.3.5 The SNS View
15.4 Nokia Corporation.
15.4 Company Overview
15.4.2 Financials
15.4.3 Products/ Services Offered
15.4.4 SWOT Analysis
15.4.5 The SNS View
15.5 Samsung Electronics Co., Ltd.
15.5.1 Company Overview
15.5.2 Financials
15.5.3 Products/ Services Offered
15.5.4 SWOT Analysis
15.5.5 The SNS View
15.6 Mediatek Inc.
15.6.1 Company Overview
15.6.2 Financials
15.6.3 Products/ Services Offered
15.6.4 SWOT Analysis
15.6.5 The SNS View
15.7 Xilinx Inc.
15.7.1 Company Overview
15.7.2 Financials
15.7.3 Products/ Services Offered
15.7.4 SWOT Analysis
15.7.5 The SNS View
15.8 Huawei Technologies Co., Ltd.
15.8.1 Company Overview
15.8.2 Financials
15.8.3 Products/ Services Offered
15.8.4 SWOT Analysis
15.8.5 The SNS View
15.9 Qorvo
15.9.1 Company Overview
15.9.2 Financials
15.9.3 Products/ Services Offered
15.9.4 SWOT Analysis
15.9.5 The SNS View
15.10 Infineon Technologies AG
15.10.1 Company Overview
15.10.2 Financials
15.10.3 Products/ Services Offered
15.10.4 SWOT Analysis
15.10.5 The SNS View
16. Competitive Landscape
16.1 Competitive Benchmarking
16.2 Market Share Analysis
16.3 Recent Developments
16.3.1 Industry News
16.3.2 Company News
16.3.3 Mergers & Acquisitions
17. USE Cases and Best Practices
18. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Biometric Payment Market size was USD 8.0 billion in 2023 and is expected to Reach USD 27.1 billion by 2031 and grow at a CAGR of 16.5 % over the forecast period of 2024-2031.
The Task Management Software Market was worth USD 2.6 billion in 2023 and is predicted to increase to USD 6.95 billion By 2031, it is expected to expand at a CAGR of 13.08% between 2024 and 2031.
The Data Center Virtualization Market was USD 7.82 Bn in 2023, is expected to reach USD 31.22 Bn by 2032, while growing at a CAGR of 16.63% over 2024-2032.
The Cloud Radio Access Network (C-RAN) Ecosystem Market was valued at USD 3.05 Billion in 2023 and is estimated to reach USD 27.34 Billion by 2032, growing at a remarkable CAGR of 27.6% over the forecast period from 2024 to 2032.
The 5G Security Market size was valued at USD 1.94 billion in 2023 and is expected to grow to USD 26.42 billion By 2031 and grow at a CAGR of 38.6% over the forecast period of 2024-2031.
The AI Agents Market Size was valued at USD 3.7 Billion in 2023 and is expected to reach USD 103.6 Billion by 2032, growing at a CAGR of 44.9% over the forecast period 2024-2032.
Hi! Click one of our member below to chat on Phone