COVID-19 Impact : Our team has been closely monitoring the current developments to identify the potential impact of COVID-19 on stakeholders and business processes across the value chain of industries. A special section about COVID-19 will be covered with the report to help companies in defining sustainable strategies.
5G Technology has spanned across various markets, from smart cities and connected cars to the internet of things (IoT) and smartphones. The high adoption of 5G technology across these markets has created significant demand for 5G ready chipsets. Major chipset manufacturers have already started manufacturing 5G ready chipsets and platforms.
Key telecom companies including Verizon Communications, Huawei Technologies, Nokia corporation, ZTE corporation, AT&T, Inc., and China Telecom Corporation Limited are making considerable investments for the deployment of 5G network infrastructure, which will provide high-speed connectivity to end-users. Such developments in network infrastructure have boosted the adoption of 5G chipset-enabled devices worldwide, which will drive the growth of the 5G chipset market during the forecast period. However, the coronavirus (Covid-19) outbreak has delayed 5G launch and has limited the development of 5g infrastructure, which is expected to hamper the growth of the 5G chipset market.
The ASIC type of IC is the preferred type of ICs in the global 5G chipset market. Major players in the market are making investments for the development of ASIC chipsets to gain a competitive advantage in the market. For instance, Samsung Electronics in 2017 has launched ASIC chipsets that are required for 5G modems. This chipset has applications in building 5G-enabled radio base stations and home routers.
The global 5G chipset market is valued at USD 2.12 Billion in 2020 and is anticipated to grow with a CAGR of 56.2% during the forecast period from 2020 to 2028. The major factors that are contributing to the growth of the market include increasing demand for wide network coverage and high-speed Internet along with low latency and power-efficient networking devices. Also, the growing demand for mobile data services and government support for the development of network infrastructure are driving the growth of the 5G chipset market.
What does this Report Provide?
This report provides a detailed understanding of the global 5G chipset demand from a qualitative and quantitative perspective with a forecast for the next 10 years. The report also provides dynamic indicators with a potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the global 5G chipset market. The major market drivers, challenges, and opportunities for the global 5G chipset market have also been covered in the report. This report also includes the market share of the leading companies operating in 5G chipset market along with their production capacities and the growth strategies adopted by them.
Market Segmentation:
By IC Type:
By Product
By Operational Frequency
By End-User Industry
By Region:
North America 5G chipset Market
Europe 5G chipset Market
Asia Pacific 5G chipset Market
Middle East & Africa 5G chipset Market
South America 5G chipset Market
Major Companies: Qualcomm Technologies, Inc., Broadcom, Intel Corporation, Nokia Corporation, Samsung Electronics Co., Ltd., Mediatek Inc., Xilinx Inc., Huawei Technologies Co., Ltd., Qorvo, Infineon Technologies AG, IBM Corporation, Integrated Device Technology, API Technologies Corp, Hewlett Packard Enterprise, and others.
Objectives of this Report:
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