North America 5G Chipset Market Analysis by Key Players, Geography and Major Segments Forecast 2019-2027

The 5G chipset market in Europe is expected to grow from US$ 250.4 Mn in 2019 to US$ 5228.6 Mn by the year 2027, with a CAGR of 46.2% from the year 2019 to 2027.

The significant growth in the smartphone demand and proliferation of connected devices and IoT demand for advanced network infrastructures are driving the growth of the 5G chipset market. Further, the emergence of new enterprise, industrial, and residential use cases in the near future is expected to facilitate significant growth opportunities for the 5G chipset market. The advent of 5G has brought a host of new use cases for industrial, enterprise and residential uses are anticipated to be enabled by the evolving networks over the course of years.

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Analysis of the Top Market Players:

1. Broadcom, Inc.
2. Huawei Technologies Co., Ltd.
3. International Business Machines Corporation
4. Infineon Technologies AG
5. Mediatek Inc.
6. Nokia Corporation
7. Qualcomm Incorporated
8. Samsung Electronics Co., Ltd.
9. Telefonaktiebolaget Lm Ericsson
10. Xilinx, Inc.

In this report, the market has been segmented on the basis of:

Operation Frequency
• Sub-6 GHz
• Between 26 and 39 GHz
• Above 39 GHz

Product
• Devices
• Customer Premises Equipment
• Network Infrastructure Equipment

Fixed Wireless Access (FWA) for residential use and distributed cloud for industries could be examples of these kinds. The networks have evolved to handle use cases with different demands on data rates, mobility, scalability, latency, security, integrity, availability, and reliability. Such demands can be met with the help of distributed cloud architecture, which allows the applications to be deployed at a central, distributed and edge site, for meeting specific requirements. In comparison to what is possible from central sites, providing services closer to the user reduces the network transport delay and enables faster time to content, actions, and control. These factors are projected to gain traction in the coming times having a significant impact approaching the 5G chipset market.

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The 5G chipset is used among different industry verticals under the name of the product segment, which consists of devices, customer premises equipment, and network infrastructure equipment. The devices of 5G chipset market are leading the Europe market in 2019 and is expected to continue its dominance during the forecast period. Rising urbanization and the increasing number of connected devices and the penetration of smartphones, tablets in the rural, semi-urban and urban areas are promoting the demands for a more robust network infrastructure. Also, improved coverage and available data rates, and also improved handset battery life by reduced power consumption are other factors that would boost the widespread adoption of 5G chipset.

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