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Oct 8, 2019 8:00 PM ET

5G Chipset Market to Witness Robust Expansion by 2027: IBM Corporation, MediaTek, Nokia Corporation

iCrowd Newswire - Oct 8, 2019

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.


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.


The report also includes all the critical and decisive details on the development of the market and the restraining factors that may obstruct the market growth in near future. Segmentations of the market are studied specifically to give profound knowledge for supplementary market investments.


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Companies Mentioned:-


Broadcom, Inc.

Huawei Technologies Co., Ltd.

Infineon Technologies AG

International Business Machines Corporation

MediaTek Inc.

Nokia Corporation

Qualcomm  Incorporated

Samsung Electronics Co., Ltd.

Telefonaktiebolaget LM Ericsson



Detailed segmentation of the market, on the basis of Type and Application and a descriptive structure of trends of the segments and sub-segments are elaborated in the report. It also provides the market size and estimates a forecast from the year 2018 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 report also provides exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the 5G Chipset market.


The report assists in determining and analyzing the key market players’ portfolios with information such as company profiles, components and services offered, financial information for last three years, key developments in past five years, and helps in constructing strategies to gain competitive advantage. The market payers from 5G Chipset Market are anticipated to gain lucrative growth opportunities in the future with the rising demand for 5G Chipset at the global level. Below mentioned is the list of few companies engaged in the 5G Chipset market.


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