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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
5G Chipset Market Growth
The term 5G chipset refers to the integrated circuit that facilitates 5G networks, also known as fifth generation networks. A 5G chipset acts as a data flow management system, involved in various functions of 5G devices, enabling transmission of 5G packet transmissions for 5G networks.
Major network carriers are upgrading their offerings to support the latest fifth-generation networks and new models of smartphones come equipped with features to accommodate the 5G, thereby boosting the 5G chipset market development. Advancements in digital platforms have also led to the development of high-end technology and automation that can be achieved through 5G chipsets. Its high speed and seamless network connection are beneficial for fast data transfers online. Moreover, the gaming community is ever-growing and the low latency of 5G reduces lagging and provides a better gaming experience to users. Rising demands for gaming with fast connectivity are anticipated to augment the market for 5G chipsets.
5G Chipset Market Report Snapshots
5G Chipset Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The 5G chipset market forecast indicates a promising growth rate at a CAGR of 65.1% between 2024 and 2032.
Major driving factors for the market include rising demand for high speed internet, increasing usage in the healthcare sector for faster emergency access, and growing demand for inter-vehicle communication in automobiles.
The key trends of the market include the development of advanced technology, rising demand of latest network transceivers in the gaming community, and widespread adoption in smartphones and other smart devices.
The major regional markets for 5G chipsets are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The various chipset types in the market for 5G chipsets include-application specific integrated circuits (ASIC), radio frequency integrated circuit (RFIC), millimetre wave technology chips, and field-programmable gate array (FPGA)
The significant operational frequencies of 5G chipsets are sub-6 GHz, between 26-39 GHz, and above 39 GHz.
The different end uses of 5G chipsets in the market are consumer electronics, industrial automation, automotive and transportation, energy and utilities, healthcare, and retail, among others.
The major players in the market are MediaTek Inc., Samsung Electronics Co. Ltd, Qualcomm Technologies, Inc., Nokia Corporation, Huawei Device Co., Ltd., and Intel Corporation, among others.
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