Report Id: SNS/ICT/1280 | May 2022 | Region: Global | 130 Pages
Report Scope & Overview:
The 5G Chipset Market size was valued at USD 14.57 Bn in 2021 and is expected to reach USD 82.95 Bn by 2028, and grow at a CAGR of28.21 % over the forecast period 2022-2028.
A 5G Chipset is a collection of electrical components used to create an integrated circuit. A chipset is also known as a data flow management system. The job of a chipset is to regulate the flow of information that flows through the computer in order for it to work properly. 5G refers to the fifth generation of cellular networking technology. 5G technology aims to provide more data to a broader range of devices. A 5G chipset is an important component of 5G devices since it is engaged in various computing activities. Smartphones, portable hotspots, IoT devices, and, increasingly, laptop PCs with mobile network capability use 5G chipsets to transmit 5G packets.
In mission-critical and industrial applications, such as airplanes, high-speed railways, ships, and unserved/underserved places where conventional cellular networks fail, combining 5G with a satellite communication system would enable simplified communication. Smart city projects will rely on 5G chipset components to provide seamless connections for smart infrastructure, smart grids, smart lighting, and building energy automation systems. These chipsets are also positioned to become a key component of the manufacturing industry, allowing for ultra-low latency and high-reliability communication for a variety of crucial applications including remote process monitoring and control.
Operators are constructing networks, and IBM is well-positioned to assist them. By October 2020, IBM will have tools in place to assist operators and enterprises with management, service assurance, client technology, analytics, and machine learning. IBM's cloud, security, and infrastructure support services provide a solid platform on which to develop.
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.
Need for quicker data transmission around the world and data processing efficiency.
5G is projected to be more costly than the present 4G networks.
In 2019, they were exclusively available to premium smartphone customers.
Across the globe, several nations have already implemented smart city, automobile, and home technologies.
The proliferation of cellular IoT networks is also driving the 5G chipset market.
In the long run, the 5G network will significantly boost the country's yearly GDP growth.
Many phones do not support 5G cellular networks.
There aren't many 5G phones on the market right now.
The 5G chipset providers have difficulty in meeting the needs of the worldwide population.
IMPACT OF COVID-19:
Due to the severe impact on major actors working in the supply chain, the COVID-19 outbreak has had a significant influence on the expansion of the reef shark chipset solution in 2020. However, one of the significant drivers driving market expansion during the COVID-19 epidemic is an increase in demand for three-dimensional printing solutions across key industries. During the COVID-19 pandemic, however, the market was primarily hampered by a lack of trained workers and project delays or cancellations owing to partial or total lockdown throughout the world. Furthermore, after COVID-19, a spike in the deployment of smart infrastructure solutions in the automotive, retail, healthcare, energy & utilities, and consumer electronics industries is likely to boost the 5G chipset market opportunity.
The market is classified into four types of integrated circuits: radio frequency integrated circuits (RFICs), application-specific integrated circuits (ASICs), cellular integrated circuits (Cellular ICs), and millimeter-wave integrated circuits (MWICs) (mm-Wave IC). In terms of revenue, the application-specific integrated circuit (ASIC) segment led the market in 2021, and this trend is likely to continue over the forecast period.
It's fragmented into three groups based on operational frequency: sub-6 GHz, 26-39 GHz, and over 39 GHz., and over 39 GHz. In 2021, the sub-6 GHz sector generated the most revenue, and it is likely to dominate the market in the next years. The market is divided into three categories based on product: devices, customer premises equipment (CPE), and network infrastructure equipment. In 2021, the devices segment generated the most revenue, and it is expected to gain substantial market share throughout the projected period.
The market is divided into automotive & transportation, energy & utilities, healthcare, retail, consumer electronics, industrial automation, and others based on industry vertical. In 2021, the consumer electronics category dominated the 5G chipset market. However, from 2022 to 2028, the BFSI category is predicted to increase at a rapid rate.
KEY MARKET SEGMENTS:
On The Basis of IC Type:
On The Basis of Operational Frequency:
Between 26 & 39 Ghz
Above 39 Ghz
On The Basis of Product:
Customer Premises Equipment
Network Infrastructure Equipment
On The Basis of Industry Vertical:
Automotive & Transportation
Energy & Utilities
In 2021, Asia Pacific led the market with the highest share. This is due to the fast increase in investment in 5G-enabled devices and base stations that support 5G New Radio (NR) frequencies. Over the projected period, the rising desire for smart manufacturing in emerging economies such as China and India are expected to fuel the usage of 5G chipset components. In the United States, the market is expected to grow significantly in the next years. Smart homes, smart industries, and smart cities are all receiving significant funding in the United States. At the same time, customers in the United States are increasingly interested in high-resolution online gaming. Furthermore, the country is becoming a leader in self-driving automobiles and smart transportation infrastructure. All of these factors are projected to increase demand for 5G chipset components in the United States.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
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.
|Market Size in 2021||US$ 14.57 Bn|
|Market Size by 2028||US$ 82.95 Bn|
|CAGR||CAGR of 28.21% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by IC Type (ASIC, RFIC, Cellular IC, mmWave IC)
• by Operational Frequency (Sub 6GHz, between 26 & 39 GHz, Above39 GHz)
• by Product (Devices, Customer Premises Equipment and Network Infrastructure Equipment)
• by Industry Vertical (Automotive & Transportation, Energy & Utilities, Healthcare, Retail, Consumer Electronics, Industrial Automation, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, 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.
Frequently Asked Questions (FAQ) :
Ans:- The forecast period of the 5G Chipset Market is 2022-2028.
Ans:- The most important restraining factor is that 5G is projected to be more costly than the present 4G networks.
Ans :- In 2021, 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 Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of the Ukraine- Russia war
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. 5G Chipset Market Segmentation, by IC Type
9. 5G Chipset Market Segmentation, by Operational Frequency
9.1 Sub 6GHz
9.2 Between 26 & 39 Ghz
9.3 Above 39 Ghz
10. 5G Chipset Market Segmentation, by Product
10.2 Customer Premises Equipment
10.3 Network Infrastructure Equipment
11. 5G Chipset Market Segmentation, by Industry Vertical
11.1Automotive & Transportation
11.2 Energy & Utilities
11.5 Consumer Electronics
11.6 Industrial Automation
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company Profiles
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.3 Intel Corporation
13.4 Nokia Corporation
13.5 Samsung Electronics Co., Ltd.
13.6 Mediatek Inc.
13.7 Xilinx Inc.
13.8 Huawei Technologies Co., Ltd.
13.10 Infineon Technologies AG.
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share analysis
14.3 Recent Developments
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