5G Chipset Market to 2024 | Industry Statistics, Emerging Demands, Forecast to 2031 | Shanghai Euchips Industrial Co., Ltd. Shenzhen Longood Intelligent Electric Co., Ltd. Shenzhen SOSEN Electronics Co., Ltd.

5G chipset market is anticipated to grow at a CAGR of 25.1% during the forecast period. According to the GSM Association (GSMA), the deployment of 5G is expected to increase the global GDP by $13.2 trillion by 2035. These new entrants to the market are playing a significant role in this by continuously focusing on developing and launching new products in the market. For instance, in February 2021, EdgeQ, a California-based start-up announced to launch base station on a chip, a new system-on-a-chip (SoC) that can replace multiple functions of a 5G base station. It consumes 50% less power and cost compared to the traditional 5G base stations. Currently, the chip is in the final phase of development and features a programmable PHY and it builds in artificial intelligence features to give a boost to 5G.

Get Free Sample link @ https://www.omrglobal.com/request-sample/5g-chipset-market

The global 5G chipset market is segmented based on the IC type, frequency, and end-use. Based on the IC type, the market is sub-segmented into an application-specific integrated circuit (ASIC), radio-frequency integrated circuit (RFIC), cellular IC, and mmwave IC. Based on the frequency, the market is sub-segmented into sub-6 GHz, 24- 39 GHz, and above 39 GHz. Based on the end-use, the market is further sub-segmented into smartphones/tablets, telecom base station equipment, connected vehicles, connected devices, broadband access gateway devices, and others. Among these, the connected vehicles sub-segment is anticipated to grow at a considerable CAGR over the forecast period. However, the telecom base station equipment sub-segment is expected to hold a prominent share of the global 5G chipset market.

full report of 5G Chipset Market available @ https://www.omrglobal.com/industry-reports/5g-chipset-market

• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Global 5G Chipset Market Report Segment
By IC Type
• Application-Specific Integrated Circuit (ASIC)
• Radio-Frequency Integrated Circuit (RFIC)
• Cellular IC
• mmWave IC

By Frequency
• Sub-6 GHz
• 24- 39 GHz
• Above 39 GHz

By End-Use
• Smartphones/Tablets
• Telecom Base Station Equipment
• Connected Vehicles
• Connected Devices
• Broadband Access Gateway Devices
• Others (Logistics)

Global 5G Chipset Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa

The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global 5G chipset market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/5g-chipset-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

This release was published on openPR.