Press release
5G Chipset Market 2021 Disclosing Latest Advancements and Outlook | Intel Corporation, Samsung Electronics Co. Ltd, Xilinx Inc., Nokia Corporation
The Global 5G Chipset Market Research Report 2021-2026is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.Top Companies in the Global 5G Chipset Market are MediaTek Inc., Intel Corporation, Samsung Electronics Co. Ltd, Xilinx Inc., Nokia Corporation, Broadcom Inc., Infineon Technologies AG, Huawei Technologies Co. Ltd, Renesas Electronics Corporation, Anokiwave Inc., Qorvo Inc., NXP Semiconductors NV, Cavium Inc., Analog Devices Inc., Texas Instruments Inc. and others.
The global 5G chipset market was evaluated from USD 6.13 million in 2020 to USD 159.31 million in 2026, as the technology had not been commercialized in 2018. The market is expected to witness a CAGR of 87.8%, over the forecast period (2021-2026).
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Industry News
- In September 2019, Samsung Electronics announced the Exynos 980 mobile processor equipped with an integrated 5G modem that delivers a downlink speed of up to 2.55Gbps. Additionally, the integration of modem and mobile processor into a single chip leads to less space utilization and power efficiency.
- In January 2020, MediaTek introduced its Dimensity 800 Series 5G chipset family that may bring flagship features, power, and performance to new premium mid-range 5G smartphones. MediaTeks Dimensity 5G chipset family offers powerful system-on-chips (SoCs) with integrated 5G modems. The single chip solutions offer an unrivaled combination of connectivity, multimedia, AI, and imaging innovations packed into an ultra-efficient 7 nanometer chip. The first devices, featuring Dimensity 800 Series SoCs, are expected to be launched in the first half of 2020.
Key Market Trends
Industrial Automation to Account for a Significant Share
- The manufacturing companies across the world are under immense pressure, due to shorter product and business lifecycles and intense volatility in the business. The profit margins are getting squeezed as the workforce is aging, and components are becoming increasingly more varied and complicated to manufacture.
- Internet of Things (IoT), coupled with the 5G network, is expected to enhance the aforementioned business issues associated with industrial automation. The enhanced network provides manufacturers to build smart factories and leverage emerging technologies, such as artificial intelligence (AI), machine learning, augmented reality, and automation.
- In the future, smart factories are expected to comprise several sensors to monitor various aspects of the working environment. The 5G network is likely to offer low-latency, wireless flexibility, and high capacity performance to the smart factories, enabling them to overcome challenges in the production environment. As a result, it creates immense opportunities for chipset manufacturers to invest mainly in devices used in industrial automation.
- In industrial automation, 5G acts as an enabler to new operating models. Notably, the wireless industry needs to engage with future customers and potential users.
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What are the market factors that are explained in the report?
Executive Summary: It includes key trends of the global 5G Chipset market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global 5G Chipset market based on production and revenue.
Production and Consumption by Region: It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global 5G Chipset market.
Market Segments: This part of the report discusses product type and application segments of the global 5G Chipset market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approaches 5G Chipset used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
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sales@marketinsightsreports.com | irfan@marketinsightsreports.com
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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