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5G Chipset Market is Increasing Demand in North America and Europe Region 2022 to 2028

06-22-2022 04:06 PM CET | Media & Telecommunications

Press release from: Axiom Market Research & Consulting

Axiom Market Research & Consulting™ added a report on 5G Chipset Market which includes study on type, processing node, operational frequency, application, and geography. The 5G Chipset Market was projected to grow at a CAGR of 31.09% for the forecast period 2022 to 2028. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the 5G Chipset Market.

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The increasing demand for the mobile data services that is anticipated for boosting the demand for the 5G mobile broadband technology, the non-stop development of the mobile networks enabling the customers for enjoying fast data transfer rates and low latency and the demand for the offerings of mobile data has been generally pushed by the developing use of the services and applications in both the business-to-business (B2B) communication systems and electronic gadgets have been the driving factors for the growth of the 5G chipset market during the forecast period.

The report analyses the 5G chipset market based on the type, processing node, operational frequency, application, and geography. By type, the 5G chipset market is segmented into radio frequency integrated circuit, cellular IC, and mmWave IC. By processing node, the 5G chipset market is segmented into less than 10 nm, 10-28 nm, and above 28nm. By operational frequency, the 5G chipset market is segmented into sub-6 GHz, 24-39 GHz and above 39 GHz). By Application, the 5G chipset market is segmented into automotive, energy and utilities, mobile devices, IT infrastructure, consumer electronic, and others. Geographically, the 5G chipset market is studied for the regions including North America, Europe, Asia Pacific and Rest of the World.

Radio frequency integrated circuits type segment is expected to dominate the 5G chipset market
The factor such as increased investment towards the 5G investment by the regulatory bodies coupled with the rapid and fast penetration of the digitalization across the globe has been propelling the growth of the segment in the 5G chipset market during the forecast period.

10-28 nm processing node segment is expected to dominate the 5G chipset market

The increasing demand for the optical scanner solutions paired with the increasing demand for the high-speed internet and large network coverage, and the increase in the government initiatives for building the smart cities in the Asia Pacific have been propelling the growth of the segment in the 5G chipset market during the forecast period.

24-39 GHz operational frequency segment is expected to dominate the 5G chipset market
The operational frequency has been a function of the low-level transistor characteristics in the chip, and the length and physical characteristics if the internal chip wiring, the voltage that is applied to the chip, and the degree of the pipelining used in the micro-architecture of the machine has been driving the growth of the segment in the 5G chipset market.

Mobile Devices application segment is expected to dominate the 5G chipset market

The fifth generation of the wireless technology and 5G representing the changing face of the connectivity, and the technology is designed for maximum speed and capacity, along with the 5G is also having the potential for the vast expansion how the data has been moving driving the growth of the segment in the 5G chipset market during the forecast period.

Asia Pacific is expected to dominate the 5G chipset market

The increasing developments such as investments, research and development activities and partnerships among the companies related to the 5G technology in the countries like South Korea, China and Japan and the 5G has been launched in nine countries and 12 other countries have also planned for launching the 5G in the future in the region, has been driving the growth of the 5G chipset market in the region during the forecast period.

Key Players

The key players in the 5G chipset market are Samsung Electronics Co., Ltd. (South Korea), Anokiwave Inc. (Taiwan), Broadcom Inc. (US), Cavium Inc. (US), Huawei Technologies Co., Ltd. (China), Infineon Technologies AG (Germany), Intel Corporation (US), Macom Technology Solutions (US), MediaTek Inc. (China), Nokia Corporation (Finland), NXP Semiconductors NV (Netherland), Qorvo Inc. (US), Qualcomm Technologies Inc. (US), Renesas Electronics Corporation (Japan), Texas Instruments Inc. (US), Unisoc Communications, Inc. (China), among others.

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Axiom Market Research & Consulting™ is a full-service market research and data analytics company providing key market intelligence to global companies to take informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.

Axiom Market Research & Consulting™ offers market research services such as syndicated market research, custom market research, business consulting, and consumer/end user surveys. Under Business to Consumer (B2C) market research offerings, Axiom MRC assists its clients in finding quantitative information/preferences of its brands and services such as, awareness, usages, satisfaction, tracking, ethnicity etc. Axiom MRC offers data collection services through online surveys, social media, data processing and interpretation.

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