Global 5G Chipset Market 2023: Business Growth, Research Report, Analysis 2028

 How Big is the 5G Chipset Market ? :

IMARC Group’s latest report, titled “5G Chipset Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global 5G chipset market size reached US$ 4.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 36.0 Billion by 2028, exhibiting a growth rate (CAGR) of 42.3% during 2023-2028.

What is 5G Chipset ? :

A 5G chipset serves as the critical engine that powers the lightning-fast data speeds, reduced latency, and enhanced connectivity that 5G networks promise. This innovative piece of technology represents a significant leap forward from its predecessors, offering businesses and consumers a multitude of benefits. With its capacity to facilitate seamless communication, support Internet of Things (IoT) devices, and enable real-time data transfer, the 5G chipset is at the forefront of the telecommunications industry, poised to revolutionize how we connect and conduct business in the digital age.

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Who are the key Players Operating in the Industry ? :

  • Broadcom Inc
  • Huawei Technologies Co., Ltd.
  • Infineon Technologies Ag
  • Intel Corporation
  • Mediatek Inc
  • Nokia Corporation
  • Qorvo
  • Qualcomm Technologies, Inc.
  • Samsung Electronics Co. Ltd.
  • Xilinx Inc

What are the Growth Prospects and Trends in the 5G Chipset Industry ? :

The proliferation of 5G networks worldwide represents one of the key factors supporting the growth of the market. Telecom operators are racing to expand their 5G infrastructure, prompting device manufacturers to integrate 5G chipsets into their products to capitalize on the enhanced network capabilities.

Besides this, the growing ecosystem for 5G-enabled devices, from smartphones and tablets to Internet of things (IoT) sensors and industrial machinery is positively influencing the market. Moreover, the increasing reliance on remote work and digital transformation initiatives is amplifying the need for faster and more reliable connectivity.

Businesses are recognizing that 5G-enabled devices equipped with advanced chipsets can significantly enhance productivity and support emerging technologies like augmented reality (AR) and virtual reality (VR).

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Key Market Segmentation:

Breakup by Chipset Type:

  • Application-specific Integrated Circuits (ASIC)
  • Radio Frequency Integrated Circuit (RFIC)
  • Millimeter Wave Technology Chips
  • Field-programmable Gate Array (FPGA)

Breakup by Operational Frequency:

  • Sub 6GHz
  • Between 26 and 39 Ghz
  • Above 39 Ghz

Breakup by End User:

  • Consumer Electronics
  • Industrial Automation
  • Automotive and Transportation
  • Energy and Utilities
  • Healthcare
  • Retail
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report: 

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape 

Related Report By IMARC Group:

About Us: 

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. 

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:

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