The global 5G chipset market is estimated to account US$ 1.03 Bn in 2019 and is expected to grow at a CAGR of 41.0% during the forecast period 2020 – 2027, to account to US$ 22.86 Bn by 2027.
This market research report provides a big picture on “5G Chipset Market”, on a Global basis, offering a forecast and statistic in terms of revenue during the forecast period. The report covers a descriptive analysis with detailed segmentation, complete research and development history, latest news and press releases. Furthermore, the study explains the future opportunities and a sketch of key players involved in the “5G Chipset Market hike in terms of revenue.
Geographically, North America holds the largest 5G chipset market share, owing to rapid technological developments, numerous investments, and supportive Government policies in North American countries. However, Asia Pacific is projected to surpass North America over the forecast period. The government in this region are taking several initiatives such as investment funding are undertaken by the players to promote entire semiconductor industrial growth. The growth of in this region is driven by high demand for more semiconductor applications in automotive, industrial, consumer goods, and other electronic products including wireless, storage products.
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Key Benefits
APAC is expected to be the fastest growing region in the deployments of 5G infrastructures. The primary reason for this is the high population density of China and India resulting in a large number of smartphone subscriptions, supporting government initiatives towards a digitalized economy, considerable investments in laying out optical fiber infrastructure that would connect to the backhaul of 5G networks and enhanced focus on concepts such as smart cities and smart buildings. China is the most populated country in the world, and a country with a large number of companies established. ZTE Corporation, Huawei Technologies, Inc.
Global 5G Chipset Market – Company Profiles
5G Chipset Market report provides an in-depth insight of Industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis. The research report focuses on the leading competitors of the 5G Chipset Market and provides information such as the company overview, product portfolio, key developments, price, cost, value, volume, revenue, capacity, production, and contact information.
Strategic Insights
Some of the market initiatives were observed to be most adopted strategy in the global 5G chipset market. Few of the recent market initiatives are listed below:
2019: Skyworks Solutions, Inc. announced that MediaTek is utilizing its Sky5 suite for their new 5G reference platforms. Specifically, Skyworks’ complete 5G front-end architecture is being combined with MediaTek’s 5G baseband chipset to deliver highly integrated solutions targeting open market mobile products.
2019: Nokia uses processor core from the Intel. Nokia utilizes updated silicon technology for its ReefShark chipsets and therefore collaborated with Intel. Intel has its own silicon manufacturing unit which assists Nokia to power its new 5G network solutions.
2019: China Telecom and Ericsson with the help of MediaTek’s commercial chipset-based terminal has accomplished a 5G Standalone end-to-end data call. This achievement is made on the 5G trial network of a service provider in Hangzhou.
2019: Keysight Technologies, Inc. announced the industry’s first successful demonstration of a 5G New Radio (NR) IP data transfer call using MediaTek’s Helio M70 Multi-Mode Modem with integrated baseband.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global 5G Chipset Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The 5G Chipset Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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GLOBAL 5G CHIPSET MARKET SEGMENTATION
Global 5G Chipset Market – By Operation Frequency
Global 5G Chipset Market – By Product
Global 5G Chipset Market – By End-User
Global 5G Chipset Market – By Geography
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