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5G Chipset Market Trends, Top Companies, Share, Growth And Forecast 2032
5G Chipset Market
5G Chipset Market Size, Growth Rate, And Forecast
The global 5G chipset market size grew from $9.83 billion in 2022 to $13.43 billion in 2023, at a compound annual growth rate (CAGR) of 36.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The 5G chipset market size is expected to grow to $41.49 billion in 2027 at a CAGR of 32.6%.
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5G Chipset Market Drivers
The growing mobile data traffic is significantly contributing to the growth of the 5G chipset market. Mobile data traffic refers to the amount of data flowing across a network within the entire internet at a given point in time. The expanding mobile data traffic necessitates improved mobile network performance and data connectivity, which will be maintained in future 5G network generations, thereby propelling the development of 5G chipsets.
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5G Chipset Market Segments
• By Integrated Circuit: Radio Frequency Integrated Circuit (RFIC), Application-Specific Integrated Circuit (ASIC), Cellular Integrated Circuit (Cellular IC), Millimeter Wave Integrated Circuit (mmWave IC)
• By Operational Frequency: Sub 6GHz, Between 26 and 39 Ghz, Above 39 Ghz
• By Vertical: Manufacturing, Energy And Utilities, Media And Entertainment, IT And Telecom, Transportation And Logistics, Healthcare, Other Verticles
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the 5G chipset market.
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5G Chipset Market Key Players
Major competitors in the 5G chipset market include Qorvo Inc., Qualcomm Technologies Inc., Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd., UNISOC, Intel Corporation, MediaTek Inc., Infineon Technologies AG.
The Business Research Company's "Global 5G Chipset Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The 5G Chipset Market Include:
1. Executive Summary
2. 5G Chipset Market Characteristics
3. 5G Chipset Market Trends And Strategies
4. 5G Chipset Market - Macro Economic Scenario
5. 5G Chipset Market Size And Growth
……
26. Africa 5G Chipset Market
27. 5G Chipset Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The 5G Chipset Market
29. 5G Chipset Market Future Outlook and Potential Analysis
30. Appendix
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