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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
5G Chipset Market Trends
The evolution of 5G networks towards advanced standards, such as 5G-Advanced is a significant development in the telecommunications sector. For instance, URLLC is a feature designed to support applications that require very high reliability and extremely low latency. This includes critical applications such as autonomous vehicles, industrial automation, remote surgery, and other time-sensitive applications. URLLC aims to provide communication with latency as low as 1 millisecond and a reliability of 99.999%.
Players in the 5G chipset market are launching cost-effective 5G chipsets to broaden their market base. Qualcomm, an American semiconductor company, highlighted their plan to introduce a 5G chip tailored for entry-level smartphones priced below USD 99 in February 2024. This move aims to make 5G technology more accessible to a broader audience by targeting the lower end of the smartphone market.
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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Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124