Press release
5G Chipset Market 2021 Statistics, Share, Growth, Industry Size, Future Trends and Potential of the Industry by 2026
“5G Chipset Market by IC Type (ASIC, RFIC, Cellular IC, and mmWave IC), Operational Frequency (Sub 6Hz, Between 26 & 39 GHz, and Above 39 GHz), Product (Devices, Customer Premises Equipment, and Network Infrastructure Equipment), and Industry Vertical (Automotive & Transportation, Energy & Utilities, Healthcare, Retail, Consumer Electronics, Industrial Automation, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2026.” According to the report, the global 5G chipset market would contribute $2.12 billion in 2020 and is expected to reach $22.93 billion by 2026, growing at a CAGR of 48.7% from 2020 to 2026.Advent of automated devices, rise in demand for mobile broadband services, and ease in availability of M2M/IoT connections drive the growth in the market. However, high initial investment and privacy & security concerns hamper the market growth. On the other hand, increase in initiatives by governments to develop smart cities would offer new opportunities in the industry.
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5G Chipset Market Competitive Analysis:
Leading market players profiled in the global 5G Chipset Market report include Qualcomm Technologies, Inc., Broadcom, Intel Corporation, Nokia Corporation, Samsung Electronics Co., Ltd., Mediatek Inc., Xilinx Inc., Huawei Technologies Co., Ltd., Qorvo, and Infineon Technologies AG.
These players have adopted several strategies including joint ventures, expansions, mergers & acquisitions, collaborations, and new product launches to strengthen their position in the industry.
Covid-19 Impact on the Global 5G Chipset Market:
5G Chipset Market Research Report offers an outline of the market based on basic parameters such as market size, sales analysis, and key drivers. The market is expected to expand on a large scale during the forecast period (2021-2024). This report includes COVID-19 impacts on the market. The unprecedented arrival of the coronavirus pandemic (COVID-19) has troubled the complete lifestyles. This in turn has affected some of the market situations along with introducing new norms. The broad view of the research report, therefore, provides the users with the total impacts of covid19 on the industry and the market players.
COVID-19 Scenario:
Due to the global pandemic all over the world, the medical devices manufacturers are majorly focusing on research and development of new products.
However, due to the precautionary measures taken by governments in various regions, the supply chain has been hampered. Which may result in shortage of products in certain locations.
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5G Chipset Market Segmentation:
The research provides an in-depth segmentation of the global 5G Chipset Market based on the IC type, operational frequency, product, industry vertical and geography. It also presents a comprehensive examination of sales, revenue, growth rate, and market share of each for the historic period and the forecast period.
5G Chipset Market Regional Analysis:
The report offers a region-wise analysis of the market along with the competitive landscape in each region. The study covers regions including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights assist to formulate strategies and create new opportunities to accomplish remarkable outcomes.
KEY BENEFITS FOR STAKEHOLDERS
This report offers analytical representation of the 5G Chipset Market trends with recent trends and future predictions to outline the upcoming investment pockets.
The overall potential intends to help in understanding the profitable trends to strengthen the base in the 5G Chipset Market.
The 5G Chipset Market analysis provides extensive information based on key determinants of the market along with a detailed impact analysis.
The recent market forecast is significantly examined from 2021 to 2024 to specify the financial ability.
Porter’s five forces analysis demonstrates the effectiveness of the buyers and suppliers in the industry.
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5G Chipset Key Market Segments:
By IC Type
ASIC
RFIC
Cellular IC
mmWave IC
By Operational Frequency
Sub 6GHz
Between 26 & 39 Ghz
Above 39 Ghz
By Product
Devices
Customer Premises Equipment
Network Infrastructure Equipment
By Industry Vertical
Automotive & Transportation
Energy & Utilities
Healthcare
Retail
Consumer Electronics
Industrial Automation
Others
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET SHARE ANALYSIS (2020)
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Proliferation of M2M/IoT connections
3.5.1.2. Increase in demand for mobile broadband services
3.5.2. Restraint
3.5.2.1. High investment and Technological & Infrastructure challenges in the implementation of 5G network
3.5.2.2. Privacy and Security Concern
3.5.3. Opportunities
3.5.3.1. Rise in government initiatives for building smart cities in Asia-Pacific
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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. 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.
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