5G Chipset Market Size- By IC Type, By Operational Frequency, By Product, By Industry Vertical- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
5G Chipset Market Overview
According to SPER Market Research, the Global 5G Chipset Market is estimated to reach USD 224.29 billion by 2032 with a CAGR of 26.95%. Over the span of the forecast period, it is anticipated that demand for ultra-reliable, low-latency data networks that can enable seamless connectivity would increase significantly. As a result, the 5G chipset is quickly becoming a necessary component of contemporary telecommunications hardware. The most recent smartphones, laptops, base stations, modems, and routers all contain 5G chipsets.
Impact of COVID-19 on the Global 5G Chipset MarketLeading economies like China, the U.S., and Japan have temporarily halted their business and industrial operations due to the fast-spreading COVID-19. This has impeded the production and sales of 5G chipsets worldwide. As a result, it is anticipated that throughout the projection period, market growth would decelerate.
Scope of the report:Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By IC Type, By Operational Frequency, By Product, By Industry Vertical
Regions covered Asia Pacific, Europe, Middle East and Africa North America, Latin America
Companies Covered Huawei Technologies Co. Ltd., Infineon Technologies AG, Intel Corporation, Mediatek Inc., North America, Qorvo, Qualcomm Technologies, Inc., Samsung Electronics Co. Ltd., Xilinx Inc.
Global 5G Chipset Market Segmentation:By IC Type: Based on the IC Type, Global 5G Chipset Market is segmented as; ASIC, RFIC, Cellular IC, mmWave IC.
By Operational Frequency: Based on the Operational Frequency, Global 5G Chipset Market is segmented as; Sub-6 GHz, Between 26 & 39 Ghz, Above 39 Ghz.
By Product: Based on the Product, Global 5G Chipset Market is segmented as; Devices, Customer Premises Equipment, Network Infrastructure Equipment.