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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
5G Chipset Market Analysis by Region
North America accounts for a sizeable share of the global market, supported by increasing demand for mobile broadband, machine-to-machine communications, and Internet of Things (IoT) applications. The well-established presence of key players in the region and widespread penetration of advanced technologies are further augmenting the growth of the market in the region. Early adoption of new technologies is likely to surge the demand for 5G chipsets so as to implement faster networks seamlessly.
The 5G chipset market in the Asia Pacific is likely to experience considerable growth, fuelled by large populations, rapid industrialisation, and extensive manufacturing operations. Governments in the region are actively promoting the deployment of 5G networks as part of their digital transformation agendas. Initiatives such as China's "New Infrastructure" plan and India's "Digital India" campaign include investments in 5G infrastructure, which in turn drives the demand 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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