Global 5G Chipset Market Report 2023: Upsurge in Demand for High-Speed Internet and Broad Network Coverage Drives Growth - ResearchAndMarkets.com

The "Global 5G Chipset Market" report has been added to ResearchAndMarkets.com's offering.

In this report, the 5G chipset market was segmented by component, industry and geography. The report provides an overview of the global 5G chipset market and analyzes market trends. Using 2022 as the base year, the report provides estimated market data for the forecast period 2023 through 2028.

Revenue forecasts for this period are segmented into:

• Deployment type: network infrastructure, smart gadgets, smartphones, routers/modems and others.
• Wafer material type: GaN (gallium nitride)-based chipsets, GaAs (gallium arsenide)-based chipsets, InP (indium phosphide)-based chipsets, SiN (silicon nitride)-based chipsets, Si-based chipsets and others.
• IC type: RFIC, ASIC, cellular IC and mmWave IC.
• End use: telecom infrastructure, automotive, building automation, industrial automation, retail, Energy and utilities, consumer electronics and others.
• Region: North America is segmented into the U.S., Canada and Mexico; Europe is segmented into the U.K., France, Germany and Rest of Europe; the UK is further segmented into England, Wales, Scotland and Northern Ireland; Asia-Pacific (APAC) is segmented into China, Japan, India and the Rest of Asia-Pacific; Rest of the World is segmented into Middle East, Africa and Latin America.

COVID-19 had a massive impact on society beginning in 2020. This report considers the impact of COVID-19 and the economic slowdown it created. With people relying more on technology, the demand for 5G chipset will increase and boost market growth. The report also focuses on the main trends and challenges that affect the market and the vendor landscape.

This report has been prepared in a simple easy-to-understand format, with a number of tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for 5G chipset, with reasons given for variations in the growth of the industry in certain regions.

The report examines each component of 5G chipset technology, determines its current market size and estimates its future market. The report also analyzes the market from the manufacturers' viewpoint, as well as that of the final consumer. A number of technical issues arising out of the use of 5G chipset technologies are discussed and solutions are indicated.

The next generation of technology demands improved data speed. The demand for connectivity is expected to be driven by trends like autonomous cars, smart cities, industrial automation and IoT (Internet of Things). The ever-increasing demand for broad network coverage and high-speed internet, with reduced power consumption and latency, will augment the growth of the global 5G chipset market during the projection period.

With 5G networks to be rolled out soon, the network providers and the original equipment manufacturers (OEMs) of smartphones are gearing up for the transition phase. 5G networks rely on the cloud and arrays of small antenna to provide ultra-speed data for mobile communication.

The network band is different than that of the 4G (LTE) band, so smartphone OEMs are looking to equip handsets with 5G-enabled modem chipsets for end-to-end communication. The major manufacturers of 5G chipsets for handsets are Qualcomm, Samsung, Intel, MediaTek and Huawei.

In terms of industry, the telecom and consumer electronics segment is expected to see significant growth in the 5G chipset market, driven by the need for real-time data processing and analysis in remote patient monitoring and telemedicine.

The manufacturing industry is also expected to be a major contributor to the growth of the 5G chipset market, as companies look for ways to improve supply chain management and manufacturing processes. The Energy and Utilities segment is expected to be the fastest growing segment throughout the forecast period.

Companies Mentioned

• Advanced Micro Devices Inc.
• Analog Devices Inc.
• Broadcom Inc.
• Hewlett Packard Enterprise Co.
• Huawei Technologies Co. Ltd.
• Infineon Technologies AG
• Intel Corp.
• Mediatek Inc.
• Nokia Corp.
• Nxp Semiconductors N.V.
• Qorvo Inc.
• Qualcomm Technologies Inc.
• Renesas Electronics Corp.
• Samsung Electronics Co. Ltd.
• STMicroelectronics N.V.
• Texas Instruments Inc.
• Telefonaktiebolaget Lm Ericsson (Ericsson)
• U-Blox Holding AG
• Zte Corp.

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