5G Chipset Market
5G Chipset Market Size, Share & Trends Analysis Report by IC Type (Application-Specific Integrated Circuit (ASIC), Radio-Frequency Integrated Circuit (RFIC), Cellular IC, and mmWave IC), by Frequency (Sub-6 GHz, 24- 39 GHz, and Above 39 GHz), by End-Use (Smartphones/Tablets, Telecom Base Station Equipment, Connected Vehicles, Connected Devices, Broadband Access Gateway Devices, and Others) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
5G chipset market is anticipated to grow at a CAGR of 25.1% during the forecast period. The growing establishment of start-ups across the globe is the major factor driving the growth of the market. According to the GSM Association (GSMA), the deployment of 5G is expected to increase the global GDP by $13.2 trillion by 2035. These new entrants to the market are playing a significant role in this by continuously focusing on developing and launching new products in the market. For instance, in February 2021, EdgeQ, a California-based start-up announced to launch base station on a chip, a new system-on-a-chip (SoC) that can replace multiple functions of a 5G base station. It consumes 50% less power and cost compared to the traditional 5G base stations. Currently, the chip is in the final phase of development and features a programmable PHY and it builds in artificial intelligence features to give a boost to 5G.
Additionally, in July 2022, Saankhya Labs Pvt. Ltd., an Indian fabless semiconductor start-up company developed a chip using 5G broadcasting technology. The chip provides mobile devices with access to broadcast networks to receive video content directly from the broadcaster without using the end-user data plan. Thus, will drive the overall 5G chipset market.
Segmental Outlook
The global 5G chipset market is segmented based on the IC type, frequency, and end-use. Based on the IC type, the market is sub-segmented into an application-specific integrated circuit (ASIC), radio-frequency integrated circuit (RFIC), cellular IC, and mmwave IC. Based on the frequency, the market is sub-segmented into sub-6 GHz, 24- 39 GHz, and above 39 GHz. Based on the end-use, the market is further sub-segmented into smartphones/tablets, telecom base station equipment, connected vehicles, connected devices, broadband access gateway devices, and others. Among these, the connected vehicles sub-segment is anticipated to grow at a considerable CAGR over the forecast period. However, the telecom base station equipment sub-segment is expected to hold a prominent share of the global 5G chipset market.
Among the frequency segment, the sub-6 GHz sub-segment is expected to hold a considerable share in the market due to the changing customers’ requirements and behaviour which in turn is pushing the market players to launch new products for improving overall customer satisfaction and experience. For instance, in May 2022, MediaTek Inc. launched three new mobile chipsets named Dimensity 1050 mmWave SoC, Dimensity 930 and Helio G99. The Dimensity 1050 SoC supports mmwave and sub-6GHz technology, built on a 6 nm architecture with an octa-core processing unit. Additionally, the product is able to deliver up to 53% faster speeds and greater connectivity to smartphones on LTE + mmwave aggregation. Apart from this, in February 2021, MediaTek Inc launched MediaTek M80 5G modem, which combines mmwave and sub-6 GHz 5G technologies onto a single chip. The modem offers up to 7.67 Gbps downlink and 3.76 Gbps uplink, 5G mmwave (FR2) up to 8CC, standalone and non-standalone 5G network architectures, and other features.
Regional Outlooks
The global 5G chipset market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. The Asia-Pacific region is expected to hold a considerable share in the 5G chipset market during the forecast period, owing to the increasing digitization and availability of developed technological infrastructure in the region.
Global 5G Chipset Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Hold a Significant Share in the Global 5G Chipset Market
Among all regions, the Asia-Pacific region is expected to hold a significant market share in the 5G chipset market. The presence of 5G chipset market players such as Samsung Electronics Co., Ltd., Huawei Technologies Co., Ltd., and others is accelerating the growth of the 5G chipset market in the region. These market players are continuously adopting various strategic initiatives to expand and extend their product portfolio, brand position, and geographical presence while catering to the rising demand for the technologically upgraded network. For instance, in June 2021, Samsung Electronics Co., Ltd. launched new chipsets to enhance the next-generation 5G RAN portfolio. The new 3GPP Rel.16 chipsets consist of a third-generation mmwave radio frequency integrated circuit (RFIC) chip, a second-generation 5G modem system-on-chip (SoC), and a digital front end (DFE)-RFIC integrated chip.
Market Players Outlook
The major companies serving the global 5G chipset market include Analog Devices, Inc., Broadcom, Inc., Fujitsu Ltd., Huawei Technologies Co., Ltd., Infineon Technologies AG, Intel Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in June 2022, Ligado Networks, which develops solutions for ultra-reliable and highly secure 5G mobile private networks, partnered with Sony Semiconductor Israel Ltd., a provider of cellular IoT chipsets and AI for image sensing. Ligado Networks intends to develop chipsets for Ligado’s 5G mobile satellite network for the IoT. Further, Ligado’s 5G mobile satellite IoT network will also support millions of mobile devices in different sectors.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global 5G chipset market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global 5G Chipset Market by IC Type
4.1.1. Application-Specific Integrated Circuit (ASIC)
4.1.2. Radio-Frequency Integrated Circuit (RFIC)
4.1.3. Cellular IC
4.1.4. mmWave IC
4.2. Global 5G Chipset Market by Frequency
4.2.1. Sub-6 GHz
4.2.2. 24- 39 GHz
4.2.3. Above 39 GHz
4.3. Global 5G Chipset Market by End-Use
4.3.1. Smartphones/Tablets
4.3.2. Telecom Base Station Equipment
4.3.3. Connected Vehicles
4.3.4. Connected Devices
4.3.5. Broadband Access Gateway Devices
4.3.6. Others (Logistics)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Analog Devices, Inc.
6.2. Broadcom, Inc.
6.3. Fujitsu Ltd.
6.4. Huawei Technologies Co., Ltd.
6.5. Infineon Technologies AG
6.6. Intel Corp.
6.7. MACOM Technology Solutions Inc.
6.8. MediaTek Inc.
6.9. Nokia Corp.
6.10. NXP Semiconductors N.V.
6.11. Qorvo, Inc
6.12. Qualcomm Technologies, Inc.
6.13. Samsung Electronics Co., Ltd.
6.14. Skyworks Solutions, Inc.
6.15. Unisoc (Shanghai) Technologies Co., Ltd.
6.16. Xilinx Inc.
6.17. ZTE Corp.
1. GLOBAL 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY IC TYPE, 2021-2028 ($ MILLION)
2. GLOBAL ASIC FOR 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL RFIC FOR 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL CELLULAR IC FOR 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL MMWAVE IC FOR 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY FREQUENCY, 2021-2028 ($ MILLION)
7. GLOBAL SUB-6 GHZ 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL 24-39 GHZ 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL ABOVE 39 GHZ 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY END-USE, 2021-2028 ($ MILLION)
11. GLOBAL 5G CHIPSET FOR SMARTPHONES/TABLETS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL 5G CHIPSET FOR TELECOM BASE STATION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION
13. GLOBAL 5G CHIPSET FOR CONNECTED VEHICLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL 5G CHIPSET FOR CONNECTED DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION
15. GLOBAL 5G CHIPSET FOR BROADBAND ACCESS GATEWAY DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION
16. GLOBAL 5G CHIPSET FOR OTHER END-USES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION
17. GLOBAL 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. NORTH AMERICAN 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. NORTH AMERICAN 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY IC TYPE, 2021-2028 ($ MILLION)
20. NORTH AMERICAN 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY FREQUENCY, 2021-2028 ($ MILLION)
21. NORTH AMERICAN 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY END-USE, 2021-2028 ($ MILLION)
22. EUROPEAN 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. EUROPEAN 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY IC TYPE, 2021-2028 ($ MILLION)
24. EUROPEAN 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY FREQUENCY, 2021-2028 ($ MILLION)
25. EUROPEAN 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY END-USE, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY IC TYPE, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY FREQUENCY, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY END-USE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
31. REST OF THE WORLD 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY IC TYPE, 2021-2028 ($ MILLION)
32. REST OF THE WORLD 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY FREQUENCY, 2021-2028 ($ MILLION)
33. REST OF THE WORLD 5G CHIPSET MARKET RESEARCH AND ANALYSIS BY END-USE, 2021-2028 ($ MILLION)
1. GLOBAL 5G CHIPSET MARKET SHARE BY IC TYPE, 2021 VS 2028 (%)
2. GLOBAL ASIC FOR 5G CHIPSET MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL RFIC FOR 5G CHIPSET MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL CELLULAR IC FOR 5G CHIPSET MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL MMWAVE IC FOR 5G CHIPSET MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL 5G CHIPSET MARKET SHARE BY FREQUENCY, 2021 VS 2028 (%)
7. GLOBAL SUB-6 GHZ 5G CHIPSET MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL 24-39 GHZ 5G CHIPSET MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL ABOVE 39 GHZ 5G CHIPSET MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL 5G CHIPSET MARKET SHARE BY END-USE, 2021 VS 2028 (%)
11. GLOBAL 5G CHIPSET FOR SMARTPHONES/TABLETS MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL 5G CHIPSET FOR TELECOM BASE STATION EQUIPMENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL 5G CHIPSET FORCONNECTED VEHICLES MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL 5G CHIPSET FOR CONNECTED DEVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. GLOBAL 5G CHIPSET FOR BROADBAND ACCESS GATEWAY DEVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL 5G CHIPSET FOR OTHERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. GLOBAL 5G CHIPSET MARKET SHARE BY REGION, 2021 VS 2028 (%)
18. US 5G CHIPSET MARKET SIZE, 2021-2028 ($ MILLION)
19. CANADA 5G CHIPSET MARKET SIZE, 2021-2028 ($ MILLION)
20. UK 5G CHIPSET MARKET SIZE, 2021-2028 ($ MILLION)
21. FRANCE 5G CHIPSET MARKET SIZE, 2021-2028 ($ MILLION)
22. GERMANY 5G CHIPSET MARKET SIZE, 2021-2028 ($ MILLION)
23. ITALY 5G CHIPSET MARKET SIZE, 2021-2028 ($ MILLION)
24. SPAIN 5G CHIPSET MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF EUROPE 5G CHIPSET MARKET SIZE, 2021-2028 ($ MILLION)
26. INDIA 5G CHIPSET MARKET SIZE, 2021-2028 ($ MILLION)
27. CHINA 5G CHIPSET MARKET SIZE, 2021-2028 ($ MILLION)
28. JAPAN 5G CHIPSET MARKET SIZE, 2021-2028 ($ MILLION)
29. SOUTH KOREA 5G CHIPSET MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF ASIA-PACIFIC 5G CHIPSET MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF THE WORLD 5G CHIPSET MARKET SIZE, 2021-2028 ($ MILLION)
