5G Chipset Market to reach USD 159.31 million by 2026 | CAGR: 87.8%

The 5G Chipset Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the 5G Chipset market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the 5G Chipset market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the 5G Chipset market.

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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Top Leading Companies of 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.

Industry News and Updates:

-Qualcomm announced that its upcoming flagship mobile platform will feature a system-on-chip (SoC) built on the 7nm process node. The 7nm SoC can be paired with the Qualcomm Snapdragon X50 5G modem, which is anticipated to be the first 5G-capable mobile platform for smartphones and other mobile devices.

- 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. MediaTek’s 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.

North America to Account for the Largest Share

- North America is expected to account for a significant market share of the 5G chipset market, and the dominance is mainly due to the high rate of adoption of advanced technologies in the market studied.
- The region is also home to Qualcomm, a dominant player in smartphone communications chips, making half of all core baseband radio chips in smartphones. It is one of the big US technology companies, with a major role in the global 5G chipset market.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- 5G Chipset Market Size & Analysis (2016 - 2026)
- Market Share Analysis of 5G Chipset Market (%),2016 - 2026
- 5G Chipset Market Share, By Brand
- 5G Chipset Market Share, By Company
- 5G Chipset Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies 5G Chipset Market Value Analysis & Forecast
- Promising 5G Chipset Development by Major Companies
- Detailed 5G Chipset Portfolio of the Major Companies
- Major Deals in the 5G Chipset Market
- Major Companies Analysis

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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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