5G Chipset Market Growth Rate, Key Players, Suppliers, Types & Applications (2023-2030)

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The global 5G Chipset market was estimated at USD 5.9 billion in 2023 and is anticipated to reach USD 186.66 billion by 2030, growing at a CAGR of 63.8%.

5G chipsets authorize 5G packet communication on smartphones, portable hotspots, IoT devices, and increasingly, notebook PCs with mobile network capabilities. 5G mobile devices are anticipated to combine familiar sub-6 GHz bands with new MIMO antenna systems, as well as high-frequency millimeter-wave (mm-Wave) bands with highly focused beam-steering. Major telecom service providers, globally, are upgrading their networks to 5G, which primarily relies on denser arrays of small antennas to provide ultra-high network and data speeds. The 5G technology is anticipated to unleash a huge IoT ecosystem that would allow networks to serve billions of connected devices. For instance, according to Ericsson's Mobility Report of June 2019, more than 10 million 5G mobile subscriptions were anticipated, globally, by the end of 2019. This is representative of the fact that the market is poised to grow throughout the forecast period.

Players Covered in the 5G Chipset Market are:

Analog Devices Inc., Anokiwave Inc., Renesas Electronics Corporation, Cavium Inc., MediaTek Inc., Intel Corporation, Samsung Electronics Co. Ltd, Xilinx Inc.,Nokia Corporation, Broadcom Inc., Infineon Technologies AG, Huawei Technologies Co. Ltd,Qorvo Inc., NXP Semiconductors NV, Texas Instruments Inc., Qualcomm Technologies Inc and Major Key Players.

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The report provides an in-depth analysis of the 5G Chipset Market detailed description of market growth and size, value, and the key opportunities in the market, as well as an outline of the factors that are and will be driving the industry's growth, taking previous growth patterns into account. The global 5G Chipset Market provides an in-depth analysis of the market state of 5G Chipset Market manufacturers, including the latest facts and data, SWOT analysis, and expert views from around the world. The cost structure, market size, 5G Chipset Market sales, Gross Margin and Market Share, Price, Revenue, Size, Forecast, and Growth Rate are all calculated in the report. The income earned from the sale of This Study and technologies by various application industries is considered in the report.

Segmentation Analysis 5G Chipset Market of:

Here are some common segmentation criteria for this market:

By Type          

  • Application-Specific Integrated Circuits (ASIC)
  • Radio Frequency Integrated Circuit (RFIC)
  • Millimeter Wave Technology Chips
  • Field-Programmable Gate Array (FPGA)

By Operational Frequency   

  • Sub-6 Ghz
  • Between 26 And 39 Ghz
  • Above 39 Ghz

By End Users  

  • Consumer Electronics
  • Industrial Automation
  • Automotive & Transportation
  • Energy & Utilities
  • Healthcare
  • Retail

 Market share data Market Segment by Regions and Countries Level Analysis:

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

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Key Industry Developments

  • To be 5 G-ready, many of the smartphone manufacturers are investing in launching 5G phones.
  • Realme is planning to launch a 5 G-ready smartphone in India. Though the network is not available in the country, the company is planning to offer future-ready products.
  • IQOO, the Chinese smartphone manufacturer, announced that it will launch its first smartphone in India, in February 2020. IQOO 3 is anticipated to offer a combination of smartphone performance and future-ready 5G capabilities.
  • Huawei launched Honor View 30 Pro, a flagship phone, including the new Kirin 990 5G chipset, the first of Honor smartphone with 5G. The chipset only supports sub-6 GHz bands. Such new launches in the market are anticipated to drive the growth of the 5G chipsets significantly.

 Reasons to Purchase this Market Report:

  • Market forecast analysis through recent trends and SWOT analysis
  • Keyword Market Dynamics Scenarios with Market Growth Opportunities over the Next Year
  • Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts
  • Keyword Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.
  • Competitive environment related to the Keyword market share for key players, along with new projects and strategies that players have adopted over the past five years

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