The global 5G chipset market is anticipated to grow at a CAGR of 25.1% during the forecast period. The rising trend of distance learning, multiuser gaming, health monitoring, autonomous driving, videoconferencing, live streaming, and other applications has propelled the demand for high-speed internet services across the globe. Thus, the increasing demand for mobile broadband technology coupled with high-speed data transfer is pushing key players to launch high-speed internet services to meet the demand of consumers and to provide them with quality experience and satisfaction.
Browse the full report description of “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)” at https://www.omrglobal.com/industry-reports/5g-chipset-market
For instance, in April 2022, Cellular Corp. collaborated with Qualcomm Technologies, Inc., and Inseego Corp. to launch a 5G mmwave high-speed internet service in 10 cities including East Moline and Rock Island, Ill.; Bettendorf, Cedar Falls, Davenport, Dubuque and Waterloo, Iowa, Yakima, Wash and Beloit & Janesville, Wis. The home internet service delivers speeds of up to 300 Mbps, an increase of 10-15 times compared to its 4G LTE home internet offering. The service is delivered by Inseego Corp. Wavemaker FW2010 outdoor 5G CPE and powered by the Qualcomm Technologies, Inc. 5G fixed wireless access platform gen 1 featuring Snapdragon X55 5G modem-rf system. Moreover, the company also plans to expand its services in both urban and rural areas, as the demand for high-speed internet has increased in both areas. Further, home internet service enables seamless video conferencing with hundreds of participants, as well as simultaneous streaming of shows, music, and gaming, which makes it useful for consumers.
Additionally, the demand for the 5G network smartphones is increased to enjoy high-speed internet facilities. Thus, the key players operating in the market are adopting strategies such as partnerships to deliver products to consumers as per their requirement. For instance, in August 2022, Reliance industries ltd, announced a partnership between Reliance Jio and Qualcomm Technologies, Inc. to develop 5G products such as smartphones for India.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By IC Type
o By Frequency
o By End-Use
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Analog Devices, Inc., Broadcom, Inc., Fujitsu Ltd., Huawei Technologies Co., Ltd., Infineon Technologies AG, Intel Corp., and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global 5G Chipset Market Report Segment
By IC Type
By Frequency
By End-Use
Global 5G Chipset Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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