5G Chipset Market Report Scope & Overview:

The 5G Chipset Market Size was valued at USD 39.8 Billion in 2023 and is expected to reach USD 170.5 Billion by 2031 and grow at a CAGR of 19.95% over the forecast period 2024-2031.

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.

5G Chipset Market Revenue Analysis

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Market Dynamics


  • 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. 


  • 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.


  • The growing of private 5G networks to meet the wireless communication needs of industrial IoT.

  • Rapidly growing need for Mobile data Services.


  • 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.

Impact of Russia-Ukraine War:

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.

Market Segmentation

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.

5G Chipset Market Segment Analysis

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Regional Analysis

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.


North America

  • US

  • Canada

  • Mexico


  • 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.

Broadcom -Company Financial Analysis

Company Landscape Analysis

Recent Development:

  • 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.

5G Chipset Market Report Scope:
Report Attributes Details
Market Size in 2023  USD 39.8 Bn
Market Size by 2031  USD 170.5 Bn
CAGR   CAGR of 19.95% From 2024 to 2031
Base Year  2023
Forecast Period  2024-2031
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.

Frequently Asked Questions

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


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 Poland Romania Hungary Turkey Rest of Eastern Europe

14.3.2 Western Europe Germany France UK Italy Spain Netherlands Switzerland Austria 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 UAE Egypt Saudi Arabia Qatar Rest of the Middle East

14.5.2 Africa Nigeria South Africa 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

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Secondary Research

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Primary Research

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Data Bank Validation

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