Global 5G Chipset Market Size, Trends, and Growth Opportunity, By IC Type (ASIC, RFIC, Cellular IC, and mmWave IC), By Operational Frequency (Sub 6GHz, Between 26 & 39 GHz, and Above 39 GHz), By Product (Devices, Customer Premises Equipment, and Network Infrastructure Equipment), and By Industry Vertical (Automotive & Transportation, Energy & Utilities, Healthcare, Retail, Consumer Electronics, Industrial Automation, and Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global 5G Chipset Market
The global 5G Chipset Market was valued at USD 31.4 billion in 2021 and is expected to reach USD 75.1 billion by 2027, at a CAGR of 13.30% from 2022-2027.
A 5G chipset is a collection of electronic components that go together to form an integrated circuit. The role of a chipset is to mainly regulate the flow of data that flows through the computer for it to function properly. The 5th generation of cellular networking technology is termed 5G.
The objective of 5G technology is to offer more data to a vast range of devices. 5G mobile devices shall utilize sub-6GHz channels with new MIMO antenna systems & high-frequency millimeter-wave bands along with highly focused beam-steering.
Market Drivers
The increase in the demand from various business sectors and the advent of 5G services with satellite communication shall create opportunities for the growth of the 5G chipset market. Also, the emerging private 5G networks for IIoT and rising strategic partnerships with system integrators in developing countries will act as market drivers and further boost the market in the forecast period 2027.
Furthermore, the upsurge in the demand for high-speed internet and broad network coverage is an important element driving market expansion. The 5G chipset market is being driven by various factors such as the rising need for smart technologies and increasing mobile data traffic.
Market Restraints
However, the high cost connected with the 5G chipset for mobile devices shall hamper the 5G Chipset market’s growth rate. Also, the design issues for RF devices operating at a higher frequency can further pose a challenge to the market. Some factors such as data security & information privacy concerns will restrain the market’s growth.
Market Segmentation
The global 5G chipset market is segmented into type, operational frequency, product, industry vertical, and region.
Based on frequency type, the 5G chipset market has been segmented as sub-6Hz, between 26 and 39 GHz, and above 39 GHz.
Further, based on industry vertical, the 5G chipset market has been segmented as energy and utilities, manufacturing, IT and telecom, media and entertainment, transportation and logistics, healthcare, and others.
Regional Analysis
The global 5G chipset market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The Asia-Pacific region dominates the 5G chipset market and will continue to flourish its trend of dominance due to the rising investment in R&D, increasing developments in emerging 5 G-enabled smartphones, and base stations supporting 5G frequencies in this region.
Also, the North American region is expected to grow during the forecast period of 2027 due to the rapidly rising automotive and consumer electronics sectors in this region.
Key Players
Various key players are discussed in the global 5G chipset market report including Qualcomm Technologies, Inc., SAMSUNG, Nokia, Intel Corporation, Broadcom, Infineon Technologies AG, Huawei Technologies Co., Ltd., Renesas Electronics Corporation, Qorvo, Inc., NXP Semiconductors, Marvell, Analog Devices, Inc., Texas Instruments Incorporated, and Others.
For instance, in June 2021, EdgeQ launched the 1st 5G Chipset-as-a-Services for the 5G wireless infrastructure market. Customers shall configure 5G & AI services with EdgeQ's innovative software-defined 5G base station-on-a-chip technology, that changes the industry to a service-oriented, pay-as-you-go structure.
Market Taxonomy
By IC Type
• ASIC
• RFIC
• Cellular IC
• mmWave IC
By Operational Frequency
• Sub 6GHz
• Between 26 & 39 GHz
• Above 39 GHz
By Product
• Devices
• Customer Premises Equipment
• Network Infrastructure Equipment
By Industry Vertical
• Automotive & Transportation
• Energy & Utilities
• Healthcare
• Retail
• Consumer Electronics
• Industrial Automation
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global 5G Chipset Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global 5G Chipset Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global 5G Chipset Market, By IC Type
5.1 Y-o-Y Growth Comparison, By IC Type
5.2 Global 5G Chipset Market Share Analysis, By IC Type
5.3 Global 5G Chipset Market Size and Forecast, By IC Type
5.3.1 ASIC
5.3.2 RFIC
5.3.3 Cellular IC
5.3.4 mmWave IC
6 Global 5G Chipset Market, By Operational Frequency
6.1 Y-o-Y Growth Comparison, By Operational Frequency
6.2 Global 5G Chipset Market Share Analysis, By Operational Frequency
6.3 Global 5G Chipset Market Size and Forecast, By Operational Frequency
6.3.1 Sub 6GHz
6.3.2 Between 26 & 39 GHz
6.3.3 Above 39 GHz
7 Global 5G Chipset Market, By Product
7.1 Y-o-Y Growth Comparison, By Product
7.2 Global 5G Chipset Market Share Analysis, By Product
7.3 Global 5G Chipset Market Size and Forecast, By Product
7.3.1 Devices
7.3.2 Customer Premises Equipment
7.3.3 Network Infrastructure Equipment
8 Global 5G Chipset Market, By Industry Vertical
8.1 Y-o-Y Growth Comparison, By Industry Vertical
8.2 Global 5G Chipset Market Share Analysis, By Industry Vertical
8.3 Global 5G Chipset Market Size and Forecast, By Industry Vertical
8.3.1 Automotive & Transportation
8.3.2 Energy & Utilities
8.3.3 Healthcare
8.3.4 Retail
8.3.5 Consumer Electronics
8.3.6 Industrial Automation
8.3.7 Others
9 Global 5G Chipset Market, By Region
9.1 Global 5G Chipset Market Share Analysis, By Region
9.2 Global 5G Chipset Market Share Analysis, By Region
9.3 Global 5G Chipset Market Size and Forecast, By Region
10 North America 5G Chipset Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America 5G Chipset Market Share Analysis, By IC Type
10.3 North America 5G Chipset Market Size and Forecast, By Operational Frequency
10.4 North America 5G Chipset Market Size and Forecast, By Product
10.5 North America 5G Chipset Market Size and Forecast, By Industry Vertical
10.6 North America 5G Chipset Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe 5G Chipset Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe 5G Chipset Market Share Analysis, By IC Type
11.3 Europe 5G Chipset Market Size and Forecast, By Operational Frequency
11.4 Europe 5G Chipset Market Size and Forecast, By Product
11.5 Europe 5G Chipset Market Size and Forecast, By Industry Vertical
11.5 Europe 5G Chipset Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific 5G Chipset Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific 5G Chipset Market Share Analysis, By IC Type
12.3 Asia Pacific 5G Chipset Market Size and Forecast, By Operational Frequency
12.4 Asia Pacific 5G Chipset Market Size and Forecast, By Product
12.5 Asia Pacific 5G Chipset Market Size and Forecast, By Industry Vertical
12.6 Asia Pacific 5G Chipset Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia Pacific
13 Latin America 5G Chipset Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America 5G Chipset Market Share Analysis, By IC Type
13.3 Latin America 5G Chipset Market Size and Forecast, By Operational Frequency
13.4 Latin America 5G Chipset Market Size and Forecast, By Product
13.5 Latin America 5G Chipset Market Size and Forecast, By Industry Vertical
13.6 Latin America 5G Chipset Market Size and Forecast, Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East 5G Chipset Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East 5G Chipset Market Share Analysis, By IC Type
14.3 Middle East 5G Chipset Market Size and Forecast, By Operational Frequency
14.4 Middle East 5G Chipset Market Size and Forecast, By Product
14.5 Middle East 5G Chipset Market Size and Forecast, By Industry Vertical
14.6 Middle East 5G Chipset Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Qualcomm Technologies, Inc.
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 SAMSUNG, Nokia
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Intel Corporation
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Broadcom
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Infineon Technologies AG
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Huawei Technologies Co., Ltd.
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Renesas Electronics Corporation
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Qorvo, Inc.
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 NXP Semiconductors
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Analog Devices, Inc.
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
