Global 5G Chipset Market is Expected to Reach an estimated US$ 36.0 Billion by 2028, With a CAGR of 42.3%

IMARC Group, a leading market research company, has recently releases report titled "5G Chipset Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global 5G chipset market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the 5G Chipset Market?

The global 5G chipset market size reached US$ 4.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 36.0 Billion by 2028, exhibiting a growth rate (CAGR) of 42.3% during 2023-2028.

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What is 5G Chipset?

5G chipset is an integral component of modern communication systems that powers the fifth generation of wireless technology. It is an advanced integrated circuit designed to facilitate the high-speed, low-latency, and massive device connectivity capabilities promised by 5G networks. It enables lightning-fast data speeds, facilitating high-definition streaming, immersive augmented and virtual reality experiences, and seamless cloud-based services on mobile devices. It also enables the deployment of sensors, smart meters, and Internet of Things (IoT) devices that rely on reliable and low-power connections. It facilitates telemedicine, remote patient monitoring, and the rapid exchange of medical data, enhancing the efficiency and accessibility of healthcare services.

What are the growth prospects and trends in the 5G chipset industry?

At present, the increasing utilization of 5G chipsets due to the rising demand for faster, more reliable, and low-latency wireless communication represents one of the crucial factors impelling the market growth in India.

Besides this, the rising popularity of 5G chipsets, as they are essential for real-time control and monitoring of industrial processes and play a critical role in the development of Industry 4.0 by providing ultra-reliable and low-latency communication, is propelling the growth of the market. In addition, the growing employment of 5G chipsets to power Vehicle-to-

Everything (V2X) communication, enabling safer and more efficient transportation systems through vehicle connectivity, real-time navigation, and traffic management, is offering a favorable market outlook.

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The report has segmented the market on the basis of region, chipset type, operational frequency and end user.

Breakup by Chipset Type:
• Application-specific Integrated Circuits (ASIC)
• Radio Frequency Integrated Circuit (RFIC)
• Millimeter Wave Technology Chips
• Field-programmable Gate Array (FPGA)

Breakup by Operational Frequency:
• Sub 6GHz
• Between 26 and 39 Ghz
• Above 39 Ghz

Breakup by End User:
• Consumer Electronics
• Industrial Automation
• Automotive and Transportation
• Energy and Utilities
• Healthcare
• Retail
• Others

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

Broadcom Inc, Huawei Technologies Co., Ltd., Infineon Technologies Ag, Intel Corporation, Mediatek Inc, Nokia Corporation, Qorvo, Qualcomm Technologies, Inc., Samsung Electronics Co. Ltd. and Xilinx Inc.

If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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