The global 5G chipset market size is estimated to grow from USD 31.3 billion in 2025, to USD 128.6 billion by 2035, at a CAGR of 13.7% during the forecast period, till 2035.
5G Chipset Market: Growth and Trends
5G chipsets are advanced semiconductor devices designed to provide higher data throughput and reduced latency compared to their 4G counterparts. Prominent manufacturers of 5G chipsets, such as Qualcomm, MediaTek, and Huawei, are at the forefront of the industry with a range of innovative offerings. Qualcomm has a diverse selection of 5G chipsets, which includes chips utilizing mm wave technology (mmWTC) as well as systems on chips (SOC) that operate in sub-6 GHz frequencies. Additionally, MediaTek’s Dimensity series of 5G chipsets seamlessly integrate modems into the chipsets, enhancing performance efficiency and global connectivity.
Over the past decade, we have seen a variety of advancements in communication since the emergence of smartphones. Currently, the 5G network leverages millimeter wave technology to close the gap between rapid data transmission and latency. The 5G spectrum, which uses millimeter wave frequency bands between 24 GHz and 100 GHz, offers extremely high data transmission speeds and increased capacity, even with more cellular devices connected to the network. Recent applications of 5G millimeter wave technology include online gaming, live 8K video streaming, and automation in industrial settings.
It is worth highlighting that Huawei, in collaboration with Fujian Medical University in China, successfully conducted a surgical experiment using remote surgical platforms powered by Huawei's 5G network. Driven by these advancements and the growing demand for 5G technology, the market for 5G chipsets is expected to grow significantly during the forecast period.
Report Scope:
Type of Chipset
- ASICs
- RFICs
- mmWTCs
- FPGAs
- Others
Operating Frequency
- Sub-6 GHz
- 24-39 GHz
- Above 39 GHz
Processing Node Type
- Sub-6 GHz
- 24-39 GHz
- Above 39 GHz
Deployment Type
- Broadband Access Gateway Devices
- Connected Vehicles
- Connected Devices
- Smartphone / Tablets
- Others
End-User
- Automation Industry
- Automotive Industry
- Consumer Electronics Industry
- Healthcare Industry
- Others
Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
5G Chipset Market: Key Segments
Market Share by Type of Chipset
Based on the type of chipset, the global 5G chipset market is segmented into application specific integrated circuits (ASICs), radio frequency integrated circuits (RFICs), millimeter wave technology chips (mmWTCs), field-programmable gate arrays (FPGAs) and others. According to estimates, currently, RFICs captures the majority share of the market and this trend is unlikely to change in future.
This can be attributed to the fact that RFICs are widely used in cellular devices, which represent a significant segment of the end-users benefiting from 5G technology. Major companies like Qualcomm and MediaTek have established a range of system-on-chip (SoC) solutions that integrate RFICs. These SoCs are highly sought after for smartphones and tablets to deliver fast data transmission to users.
Market Share by Type of Operating Frequency
Based on type of operating frequency, the 5G chipset market is segmented into sub-6 GHz, 24-39 GHz and above 39 GHz. According to estimates, currently, cshipsets that function within the 24-39 GHz frequency range captures the majority share of the market and are anticipated to experience a relatively higher CAGR during the forecast period.
This growth can be attributed to the fact that 5G technology operating at millimeter wave frequencies between 24 GHz and 100 GHz delivers ultra-high data transmission speeds. Additionally, it enhances the user experience when 5G-enabled devices are utilized as connected devices in the internet of things (IoT).
Market Share by Type of Method
Based on type of method, the 5G chipset market is segmented into marketing, digital marketing, event and webinars, and lead magnets. According to estimates, currently, digital marketing segment captures the majority share of the market. The versatility of digital marketing allows it to precisely target large audiences, making it a dominant segment in 5G chipset.
Additionally, its extensive range of online activities, including search engine optimization, content marketing, email marketing, and social media marketing, contributes to the segment's expansion. However, affiliate marketing segment is anticipated to grow at a higher CAGR during the forecast period.
Market Share by Deployment Type
Based on deployment type, the 5G chipset market is segmented into broadband access gateway devices, connected vehicles, connected devices, smartphones / tablets and others. According to estimates, currently, smartphones / tablets capture the majority share of the market. This can be attributed to the growing affordability of 5G smartphones, due to the shrinking price difference between 5G and 4G chipsets.
Market Share by End-User
Based on end-user, the 5G chipset market is segmented into automation industry, automotive industry, consumer electronics industry, healthcare industry and others. According to estimates, currently, consumer electronics industry captures the majority share of the market. This can be attributed to the rising popularity of affordable 5G smartphones and tablets worldwide. However, driven by the growing need for automation in industrial processes, the demand for 5G chipsets in the automation sector is anticipated to grow at a higher CAGR during the forecast period.
Market Share by Geography
Based on geography, the 5G chipset market is segmented into North America, Europe, Asia, Latin America, Middle East and North Africa, and Rest of the World. According to estimates, currently, Asia-Pacific captures the majority share of the market. However, the market in North America is anticipated to grow at a higher CAGR during the forecast period.
Sample Players in 5G Chipset Market Profiled in the Report Include:
- Analog Devices
- Anokiwave
- Arm
- Broadcom
- Cadence Design Systems
- Fibocom Wireless
- Huawei
- Infineon Technologies
- Intel
- MACOM Technology Solutions
- Marvell
- MediaTek
- Murata Manufacturing
- NXP Semiconductors
- OMMIC
- Qorvo
- Qualcomm
- Quectel
- Renesas Electronics
- Samsung
5G Chipset Market: Research Coverage
The report on the 5G chipset market features insights on various sections, including:
- Market Sizing and Opportunity Analysis: An in-depth analysis of the 5G chipset market, focusing on key market segments, including type of chipset, operating frequency, processing node type, deployment type, end-user, and geography.
- Competitive Landscape: A comprehensive analysis of the companies engaged in the 5G chipset market, based on several relevant parameters, such as year of establishment, company size, location of headquarters, type of chipset, operating frequency, processing node type, deployment type, end-user.
- Company Profiles: Elaborate profiles of prominent players engaged in the 5G chipset market, providing details on location of headquarters, company size, company mission, company footprint, management team, contact details, financial information, operating business segments, 5G chipset portfolio, moat analysis, recent developments, and an informed future outlook.
- Patent Analysis: An insightful analysis of patents filed / granted in the 5G chipset domain, based on relevant parameters, including type of patent, patent publication year, patent age and leading players
- Porter’s Five Forces Analysis: An analysis of five competitive forces prevailing in the 5G chipset market, including threats of new entrants, bargaining power of buyers, bargaining power of suppliers, threats of substitute products and rivalry among existing competitors.
Key Questions Answered in this Report
- How many companies are currently engaged in 5G chipset market?
- Which are the leading companies in this market?
- What factors are likely to influence the evolution of this market?
- What is the current and future market size?
- What is the CAGR of this market?
- How is the current and future market opportunity likely to be distributed across key market segments?
Reasons to Buy this Report
- The report provides a comprehensive market analysis, offering detailed revenue projections of the overall market and its specific sub-segments. This information is valuable to both established market leaders and emerging entrants.
- Stakeholders can leverage the report to gain a deeper understanding of the competitive dynamics within the market. By analyzing the competitive landscape, businesses can make informed decisions to optimize their market positioning and develop effective go-to-market strategies.
- The report offers stakeholders a comprehensive overview of the market, including key drivers, barriers, opportunities, and challenges. This information empowers stakeholders to stay abreast of market trends and make data-driven decisions to capitalize on growth prospects.
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Analog Devices
- Anokiwave
- Arm
- Broadcom
- Cadence Design Systems
- Fibocom Wireless
- Huawei
- Infineon Technologies
- Intel
- MACOM Technology Solutions
- Marvell
- MediaTek
- Murata Manufacturing
- NXP Semiconductors
- OMMIC
- Qorvo
- Qualcomm
- Quectel
- Renesas Electronics
- Samsung
Methodology
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