The global 5G Chipset market size is expected to be worth around US$ 40.5 billion by 2028, according to a new report by Vision Research Reports.
The global 5G Chipset market size was valued at US$ 1.2 billion in 2020 and is anticipated to grow at a CAGR of 63.4% during forecast period 2021 to 2028.
The rapidly rising demand for ultra-reliable and low-latency data networks capable of delivering seamless connectivity is estimated to boost market growth over the forecast period. As such, 5G chipset is turning out to be an integral part of modern telecommunication equipment. 5G chipset can be found in the latest smartphones, laptops, base stations, modems, and routers. These chipsets are also being installed in connected vehicles deployed as part of autonomous vehicle systems to provide improved Vehicle-to-Everything (V2X) connectivity.
The growing popularity of 5G-enabled smartphones is emerging as a major factor that is estimated to propel market growth over the forecast period. Key smartphone manufacturers are responding to the growing demand for 5G smartphones by investing aggressively on vertical integration in order to diversify their business and augment revenues. For instance, in July 2019, Apple, Inc. acquired Intel Corporation’s smartphone modem business segment for USD 1.0 billion. The acquisition was primarily focused on developing 5G chipset components for Apple Inc.’s new upcoming 5G-enabled iPhone.
5G chipset components are expected to play a crucial role in smart city projects by facilitating seamless connectivity for smart infrastructure, smart grids, smart streetlights, and building energy automation devices. These chipsets are also poised to become an integral part of the manufacturing sector by enabling ultra-low latency and high-reliability connectivity for various critical applications, such as remote process monitoring and control. The growing deployment of these chipsets to provide robust connectivity for Machines to Machine (M2M) communications in the manufacturing sector is anticipated to drive market growth over the forecast period.
the sub-6GHz segment dominated the market with a share of 79.5% in 2019. This high share is attributable to the initial offerings of 5G chipset components supporting the sub-6GHz band by key market players for smartphones, connected cars, and laptops. Based on the frequency type, the 5G chipset market has been categorized into sub-6GHz, mmWave, and sub-6GHz + mmWave. The sub-6GHz + mmWave segment is expected to register a noticeable CAGR over the forecast period owing to the continued introduction of the modern chipset components supporting both the sub-6GHz and mmWave bands in a single module.
the 7nm segment dominated the market with a share of 69.5% in 2019. This high share is attributable to the initial focus on developing 5G chipset components with a 7nm processing node by key players. Prominent market players, including MediaTek Inc.; Huawei Technologies Co. Ltd.; Intel Corporation, and Qualcomm Incorporated; are initially focusing on developing 5G chipset components with 7nm processing node. Moreover, these market players are currently focused on manufacturing 7 nm and 10 nm processing node of the chipset to support high band frequencies.
the smartphones/tablets segment dominated the market with a share of 56.1% in 2019. This high share is attributable to the growing demand for 5G-enabled smartphones for online gaming, watching Ultra High Definition (UHD) videos, and video calling applications. 5G chipsets have been huge demand across various equipment and devices including telecom base station equipment, smartphones/tablets, connected vehicles, connected devices, broadband access gateway devices, and others. Besides, the continued investments in deploying next-generation telecom network infrastructure have also increased the overall demand for next-generation chipset components. As a result, the telecom base station equipment segment accounted for a share of more than 18.0% in 2019.
the IT and telecom segment dominated the market with a share of 34.7% in 2019. This high share is attributable to the significant investments being made by the prominent players on developing 5G chipset modules for telecom base stations, broadband gateway devices, and other communication devices. Further, the demand for next-generation chipset has been witnessed across several verticals such as manufacturing, energy and utilities, media and entertainment, IT and telecom, transportation and logistics, healthcare, and others. The growing demand for high-speed data connectivity for virtual meetings and other corporate applications is expected to drive the growth of the IT and telecom segment over the forecast period.
Asia Pacific dominated the market with a share of 46.6% in 2019. This is attributable to the rapid rise in the investments in developing 5G-enabled smartphones and base stations supporting 5G New Radio (NR) frequencies. Further, the regional market for 5G chipset is expected to register a CAGR of 67.1% from 2020 to 2027. Key regional players, such as Samsung Electronics Co., Ltd., and Huawei Technologies Co. Ltd., are particularly investing in developing 5G chipset modules.
Huawei Technologies Co. Ltd.
Samsung Electronics Co., Ltd.
Infineon Technologies AG
Unisoc Communications, Inc.
Frequency Type Outlook
sub-6GHz + mmWave
Processing Node Type Outlook
Deployment Type Outlook
Telecom Base Station Equipment
Broadband Access Gateway Devices
Energy & Utilities
Media & Entertainment
IT & Telecom
Transportation & Logistics
Middle East & Africa (MEA)
The 5G Chipset market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of 5G Chipset market for the base year 2020 and the forecast between 2021 and 2028. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global 5G Chipset market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the 5G Chipset market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted 5G Chipset market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the 5G Chipset capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of 5G Chipset by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global 5G Chipset market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2028. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major 5G Chipset market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of 5G Chipset market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the 5G Chipset industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
The 5G Chipset market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to 5G Chipset market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of 5G Chipset market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new 5G Chipset market. These factors have benefited the growth of the global market for 5G Chipset. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for 5G Chipset. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of 5G Chipset are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are:
Telecom Services Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2030Read more...
Cold Chain Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2030Read more...
5G Services Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2030Read more...
Automotive Smart Display Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2030Read more...
Simulation Software Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2030Read more...