The latest report published by Fortune Business Insights highlights the growth prospects of the 5G Chipset Market Size 2024 In-depth research on Industry Size, Share, Business Analysis, Growth Factors, and Regional Forecast. The market report gives a purposeful depiction of the area by the practice for research, amalgamation, market size, overview, and review of data taken from various sources. The market study includes information on market factors such as the market dynamics, drivers, restraints, challenges, threats, potential growth opportunities, market trends, development patterns, financial information, latest technologies, innovations, leading competitors, and regional analysis of the market.
The global 5G Chipset Market size is expected to grow from USD 19.69 billion in 2022 to USD 218.04 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 36% during the forecast period.
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Top Companies Covered In This Report:
- Qualcomm Technologies, Inc. (U.S.)
- Broadcom (U.S.)
- Unisoc Communications, Inc. (China)
- Mediatek Inc. (Taiwan)
- Intel Corporation (U.S.)
- Samsung Electronics Co., Ltd. (South Korea)
- Huawei Technologies Co., Ltd. (China)
- Qorvo (U.S.)
- Xilinx Inc. (U.S.)
- Infineon Technologies AG (Germany)
Driving Factor:
Adoption of IoT Technology to Boost Product Demand and Drive Market Growth
The demand for high-speed and low-latency internet connections has been rising since the last decade, which, in turn, raises the need for high-speed internet networks and data transfer for rapid information processing. It also necessitates the adoption of 5G technology as it increases overall smartphone and connected device performance. For instance, according to a survey published by “Telecom-Talk”, the percentage of 5G smart phone users in the U.S. grew from 41% in 2021 to 63% in 2022. The rising adoption of advanced technologies, such as connected devices and IoT, has elevated the need for 5G chipsets in several consumer electronics, thus driving the 5G chipset market growth.
On the other hand, the high initial cost of adopting 5G chipsets will hinder market proliferation over the forecast timeframe.
Report Highlights:
- A comprehensive overview of the 5G Chipset Market
- Significant factors boosting, restricting, challenging and providing an opportunity to the market
- Key insights and major industry developments
- Significant players functioning in the 5G Chipset Market
- Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others
- Other market trends
5G Chipset Market Segments:
By Type
- Application Specific Integrated Circuit (ASIC)
- Radio Frequency Integrated Circuit (RFIC)
- Millimeter Wave Integrated Circuit (mmWave IC)
- Cellular Integrated Circuit (Cellular IC)
- Others
By Frequency
- Sub-6 GHZ
- 26-39 GHZ
- Above 39 GHz
By Deployment Type
- Smartphone/Tablets
- Connected Vehicles
- Connected Devices
- Broadband Access Gateway Devices
- Others
By Industry Vertical
- Energy and Utilities
- Manufacturing
- IT and Telecommunication
- Media and Entertainment
- Transportation and Logistics
- Consumer Electronics
- Healthcare
- Others
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Regional Analysis for 5G Chipset Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
Research Methodology:
The analysis of research methodology involves the evaluation of the techniques employed in a research study to collect and analyse data. This report integrates both primary and secondary data analysis, enabling companies to gain a comprehensive understanding of the research topic. By triangulating data from multiple sources, this approach helps validate findings and generate new insights. The analysis encompasses the assessment of research design, data collection techniques, sampling methods, and data analysis tools utilized in the study. By examining these elements, the analysis aims to determine the reliability, validity, and generalizability of the research findings. Factors such as the alignment of study design with research objectives, appropriateness of data collection methods, representativeness of sampling techniques, suitability of analytical methods, and adherence to ethical considerations are carefully evaluated.
FAQ’s
Q.1. What are the primary drivers of the 5G Chipset Market?
Q.2. What are the main factors propelling and impeding the growth of the 5G Chipset Market?
Q.3. What are the general structure, risks, and opportunities of the market?
Q.4. How do the prices, revenue, and sales of the leading 5G Chipset Market firms compare?
Q.5. What are the main segments of the market and how is it divided up?
Q.6. Which companies dominate the market, and what percentage of the market do they control?
Q.7. What trends are influencing the 5G Chipset Market now and in the future?
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Table of Contents
1. Executive Summary
1.1 Overview
1.2 Key Findings
2. Introduction
2.1 Background
2.2 Scope and Objectives
2.3 Methodology
3. 5G Chipset Market Growth Overview
3.1 Definition and Classification
3.2 5G Chipset Market Share Drivers
3.3 Market Restraints
3.4 Market Opportunities
3.5 Industry Challenges
4. Global Trends and Forecast
4.1 Overview
4.2 5G Chipset Market Share Trends
4.3 Industry Share and Future Outlook
4.4 Growth Prospects
5. 5G Chipset Market Size Regional Analysis
5.1 North America
5.2 Europe
5.3 Asia-Pacific
5.4 Latin America
5.5 Middle East and Africa
6. 5G Chipset Market Analysis
6.1 5G Chipset Market Key Players
6.2 Market Concentration
6.3 Competitive Landscape
6.4 SWOT Analysis
7. Market Segmentation
8. Conclusion
9. Recommendations
10. Appendix
TOC Continued…
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