Multi-Mode Chipset Market Report 2026

The multi-mode chipset market size has grown rapidly in recent years. It will grow from $7.79 billion in 2025 to $8.68 billion in 2026 at a compound annual growth rate (CAGR) of 11.5%. The growth in the historic period can be attributed to growth in global smartphone adoption, early deployment of multi generation cellular networks, rising demand for backward network compatibility, increasing mobile data consumption, expansion of wireless enabled consumer electronics.

The multi-mode chipset market size is expected to see rapid growth in the next few years. It will grow to $12.91 billion in 2030 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to accelerated rollout of 5G networks, rising deployment of IoT connected devices, growing demand for uninterrupted connectivity across networks, increased adoption of connected and autonomous vehicles, focus on energy efficient semiconductor designs. Major trends in the forecast period include growing demand for seamless multi generation network connectivity, rising integration of multi mode chipsets in compact consumer devices, increasing focus on power efficient and thermal optimized chipsets, advancements in chipset miniaturization and system integration, expansion of multi mode chipsets across industrial and automotive applications.

The growing number of smartphones is expected to drive the growth of the multi-mode chipset market going forward. Smartphones are advanced mobile devices that combine the functionality of traditional cell phones with features of personal digital assistants, offering touchscreens, internet connectivity, and a wide range of applications. Their adoption is increasing due to widespread internet access and the rising need for connectivity and mobile computing in daily life. Multi-mode chipsets in smartphones enable seamless connectivity across multiple network types and standards, such as 4G, 5G, Wi-Fi, and Bluetooth, enhancing overall performance and user experience. For instance, in October 2025, Demandsage, a US-based software company, reported that as of 2023, there were approximately 6.8 billion smartphone users globally, with this number expected to rise to about 7.34 billion by 2025. Therefore, the increasing number of smartphones is driving the growth of the multi-mode chipset market.

Leading companies in the multi-mode chipset market are concentrating on innovating technologies, including novel LTE chipsets, to fortify their market presence. These LTE chipsets represent the latest advancements in Long-Term Evolution (LTE) technology, aimed at bolstering wireless connectivity and data transmission capabilities on mobile devices. For instance, in May 2024, GCT Semiconductor Holding Inc., a semiconductor company based in the US, unveiled the first highly integrated multi-mode LTE chipset tailored for the 450 MHz spectrum. This groundbreaking chipset ushers in a new era in wireless communication, offering advanced functionalities alongside comprehensive support for a spectrum previously underutilized in LTE technology. Its seamless integration facilitates multi-mode operation and robust performance, paving the way for network expansion and optimization.

In September 2024, Qualcomm Technologies, Inc., a US-based producer of next-generation global multi-mode chipsets, teamed up with Aramco Digital. The collaboration aims to revolutionize 5G connectivity in Saudi Arabia by introducing the world’s first processors with native 450MHz support, driving digital and industrial innovation. Additionally, the partnership will support AI and IoT startups through a new accelerator program designed to fast-track technological advancements. Aramco Digital is a technology company based in Saudi Arabia.

Major companies operating in the multi-mode chipset market are Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., Intel Corporation, Qualcomm Technologies Inc., Broadcom Corporation, Fujitsu Limited, Telefonaktiebolaget LM Ericsson, Nokia Corporation, MediaTek Inc., STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Analog Devices Inc., Renesas Electronics Corporation, Marvell Technology Group Ltd., Skyworks Solutions Inc., Texas Instruments Incorporated, Qorvo Inc., Maxim Integrated Products Inc., Integrated Device Technology Inc., Sierra Wireless Inc., Spreadtrum Communications (Shanghai) Co. Ltd., Rockchip Electronics Co. Ltd., GCT Semiconductor Inc.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have influenced the multi mode chipset market by increasing costs of imported semiconductors, wafer fabrication equipment, and advanced packaging materials used in chipset manufacturing. These impacts are most evident in asia pacific regions such as china, taiwan, and south korea, as well as in north america, where global supply chains are deeply interconnected. Higher tariffs have led to increased device pricing and margin pressure for consumer electronics and automotive manufacturers. At the same time, tariffs are encouraging localized semiconductor production, supply chain diversification, and long term investments in domestic chipset manufacturing capabilities.

The multi-mode chipset market research report is one of a series of new reports that provides multi-mode chipset market statistics, including multi-mode chipset industry global market size, regional shares, competitors with a multi-mode chipset market share, detailed multi-mode chipset market segments, market trends, and opportunities, and any further data you may need to thrive in the multi-mode chipset industry. This multi-mode chipset research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Multi-mode chipsets represent integrated circuits specifically designed to support a range of wireless protocols, enabling smooth connectivity across different network generations. These chipsets are engineered to optimize device performance by seamlessly transitioning between diverse network technologies, thereby enhancing flexibility and functionality.

The primary categories within the multi-mode chipset market are integrated chipset and non-integrated chipset. Integrated chipsets consolidate multiple functions or components into a single chip, streamlining the design and manufacturing processes of electronic devices. These devices encompass smartphones, tablets, wearable devices, and Internet of Things (IoT) gadgets utilized in various communication standards such as second, third, fourth, and fifth generations, spanning applications in consumer electronics, automotive, healthcare, industrial sectors, among others.North America was the largest region in the multi-mode chipset market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the multi-mode chipset market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the multi-mode chipset market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The multi-mode chipsets market consists of sales of wearable device chipsets, embedded system chipsets, router and gateway chipsets, satellite communication chipsets, and healthcare device chipsets. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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