openPR Logo
Press release

5G Chipset Market by IC Type (ASIC, RFIC, Cellular IC, and mmWave IC), Operational Frequency (Sub 6GHz, Between 26 & 39 GHz, and Above 39 GHz), Product (Devices, Customer Premises Equipment, and Network Infrastructure Equipment), and Industry Vertical (Au

02-26-2019 04:50 PM CET | IT, New Media & Software

Press release from: Allied Market Research

5G Chipset Market

5G Chipset Market

The report offers detailed analyses of the driving forces & opportunities, major market segments, top investment pockets, key player positioning, and competitive landscape. According to the report, the global 5G chipset market is estimated to reach $2.12 billion in 2020 and is projected to reach $22.93 billion by 2026, registering a CAGR of 48.7% during 2020-2026.

In 2020, in terms of revenue, ASIC segment is expected to dominate the global 5G chipset market in the IC type category. By industry vertical, the consumer electronics segment is anticipated to dominate the market throughout the forecast period (2020‐“2026). The key players are adopting new techniques to provide advanced and innovative products to the customers.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/5114?utm_source=OPR

The growth of the global 5G chipset market is driven by factors such as rapid developments in automated devices, increase in demand for mobile broadband services, and swift proliferation of M2M/IoT connections. However, heavy investment and technological & infrastructure challenges in the implementation of 5G network hamper the market growth. Moreover, privacy & security concerns hamper the growth of the market. On the contrary, increase in government initiatives for developing smart cities is expected to create lucrative opportunities for the key players in future.

The ASIC segment is expected to hold the largest market share in 2020, contributing about 48% of the total revenue, owing to rise in demand for custom chips. However, the mmWave IC segment is estimated to register the fastest CAGR of 55.3% during 2020-2026, owing to high demand for integrated circuits (ICs) in the automotive sector. The other IC types analyzed in the report include RFIC and cellular IC.

Chipsets operating in the range of 26-39 GHz frequency segment would portray the fastest CAGR of 60.6% during the study period, owing to their ability to cater to multiple 5G devices and better availability of frequency band for seamless connectivity. However, the sub 6 GHz frequency segment is estimated to hold the largest share in the market in 2020, contributing about 77% of the total share, as most of the consumer electronic devices such as laptops and smartphones fall under this operating frequency. Moreover, the report analyzes the above 39 GHz frequency segment.

The devices segment is anticipated to hold the largest share in 2020, contributing more than three-fourths of the total market, owing to the projected surge in the number of devices that would be embedded with 5G chipset. However, the network infrastructure equipment segment is expected to register the fastest CAGR of 51.6% during the study period, owing to surge in the number of smart city projects across the globe. Furthermore, customer premises equipment segment is expected to witness steady growth during the forecast period.

The consumer electronics segment is expected to govern the market in terms of revenue in 2020, contributing about two-thirds share of the total revenue, owing to rise in sales of consumer electronic devices such as smartphones, tablets, and laptops. However, automotive and transportation segment is estimated to manifest the fastest CAGR of 53.9% during the study period, owing to advent of autonomous & connected vehicles. The other segments analyzed in the report include energy & utilities, healthcare, retail, industrial automation, and others.

Buy the report @ https://www.alliedmarketresearch.com/checkout/674752?utm_source=OPR

The Latin America, Middle East, and Africa (LAMEA) region is anticipated to register the fastest CAGR of 58.2% during the study period, owing to the government initiatives to launch 5G technology in developed regions such as U.A.E. and Qatar. However, the Asia-Pacific region would hold the largest share, contributing more than one-third share of the market in 2020, owing to increase in government initiatives for building smart cities in the region. The other regions analyzed in the report include such as North America and Europe.

The key market players analyzed in the report include Qualcomm Technologies, Inc., Intel Corporation, Samsung Electronics Co., Ltd., Xilinx Inc., Qorvo, Broadcom, Nokia Corporation, Mediatek Inc., Huawei Technologies Co., Ltd., and Infineon Technologies AG.

Analyst Review:

The 5G chipset market is expected to grow at an exponential growth rate. Improved accuracy, efficiency, and speed of operations in the 5G embedded devices are expected to drive the market growth during the forecast period. The automotive & transportation segment in the industry vertical is expected to grow at the fastest CAGR during the forecast period.

Proliferation of M2M/IoT connections and increase in demand for mobile broadband services drive the growth of the market. However, high investment and technological & infrastructure challenges in the implementation of 5G network and privacy & security concern impede this growth. In the near future, rise in government initiatives for building smart cities in Asia-Pacific is expected to create lucrative opportunities for the key players operating in this market.

The global 5G Chipset market is expected to be $2,120.0 million in 2020, and is projected to reach $22,929.0 million by 2026, registering a CAGR of 48.7% from 2020 to 2026. Asia-Pacific is expected to account for the highest revenue in the global market throughout the forecast period (2020–2026). The market participants continue to introduce the technologically advanced products to remain competitive in the market. Product launch, product development, and collaboration are the prominent strategies adopted by the market players.

Access Full Summery @ https://www.alliedmarketresearch.com/5g-chipset-market?utm_source=OPR

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release 5G Chipset Market by IC Type (ASIC, RFIC, Cellular IC, and mmWave IC), Operational Frequency (Sub 6GHz, Between 26 & 39 GHz, and Above 39 GHz), Product (Devices, Customer Premises Equipment, and Network Infrastructure Equipment), and Industry Vertical (Au here

News-ID: 1618541 • Views: 297

More Releases from Allied Market Research

Envelope Tracking Chip Market Trends and Analysis (2021-2028): Top Impacting Fac …
Allied Market Research published a new report, titled, "Envelope Tracking Chip Market By Technology (Cellular Communications, Wireless Communications, and Satellite Communications), Application (Smart Phones, Wearable Devices, and Others), and End User (Consumer Electronics, Space and Aviation, Automotive, Telecommunications, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2028". The report provides a detailed study of the global envelope tracking chip market covering a number of important aspects such as current market scenario,
Enterprise Asset Leasing Market Growth Opportunities (2021-2028): Market Share a …
Allied Market Research published a new report, titled, "Enterprise Asset Leasing Market By Asset Type (Commercial Vehicles, Machinery & Industrial Equipment, Real Estate, IT Equipment and Others), Leasing Type (Operating Lease and Financial Lease), Industry Vertical (Transportation & Logistics, Manufacturing, Construction, IT & Telecom, Government & Public Sector and Others) and Enterprise Size (Large Enterprises and Small and Medium Enterprises): Global Opportunity Analysis and Industry Forecast, 2021-2028". The report provides a
High Performance Computing (HPC) Chipset Market Trends (2021-2028): Key Market D …
Allied Market Research published a new report, titled, "High Performance Computing (HPC) Chipset Market By Chip Type (CPU, GPU, FPGA, and ASIC): Global Opportunity Analysis and Industry Forecast, 2021-2028". The report provides a detailed study of the global HPC chipset market covering a number of important aspects such as current market scenario, estimates, top investment pockets, recent trends, changing dynamics, and vibrant forces of the industry from 2019 to 2028 to
Accelerometer and Gyroscope Market Current Updates (2021-2028): Growth Opportuni …
Allied Market Research published a new report, titled, "Accelerometer and Gyroscope Market By Type (Accelerometer and Gyroscope), Dimension (1-Axis, 2-Axis, and 3-Axis), and Industry Vertical (Consumer Electronics, Automotive, Aerospace & Defense, Industrial, and Healthcare) - Global Opportunity Analysis and Industry Forecast, 2020-2028". The report provides a detailed study of the global accelerometer and gyroscope market covering a number of important aspects such as current market scenario, estimates, top investment pockets, recent

All 5 Releases


More Releases for CAGR

Catalase Market : Research Observes Strong CAGR Development
The "Global Catalase Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016 - 2024", report intends to offer a resourceful means to assess the Catalase Market and entails the all-inclusive analysis and upfront statistics with regards to the market. This new report is committed fulfilling the requirements of the clients by giving them thorough insights into the market. The Catalase Market report, titled Catalase Market, is expansive research
Citicoline Market | CAGR of 14.4%
The global Citicoline Market 2020 Report provides fine intelligence that helps market players to compete well against the tough competition on the basis of growth, sales and other various important factors. The research report lays stress on key growth opportunities and market trends apart from important market dynamics including market drivers and challenges. With the help of this report, involved parties can equip themselves to adapt along with the changes
Footwear Market : Research Observes Strong CAGR Development
The "Global Footwear Market Set for Rapid Growth, to Reach Around USD 320.44 Billion by 2023", report intends to offer a resourceful means to assess the Footwear Market and entails the all-inclusive analysis and upfront statistics with regards to the market. This new report is committed fulfilling the requirements of the clients by giving them thorough insights into the market. The Footwear Market report, titled Footwear Market, is expansive research
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020