5G chipset market is anticipated to grow at a CAGR of 25.1% during the forecast period. 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.
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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.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global 5G Chipset Market Report Segment
By IC Type
- Application-Specific Integrated Circuit (ASIC)
- Radio-Frequency Integrated Circuit (RFIC)
- Cellular IC
- mmWave IC
By Frequency
- Sub-6 GHz
- 24- 39 GHz
- Above 39 GHz
By End-Use
- Smartphones/Tablets
- Telecom Base Station Equipment
- Connected Vehicles
- Connected Devices
- Broadband Access Gateway Devices
- Others (Logistics)
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
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.
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