Report Highlights
The global 5G chipsets market reached $26.1 billion in 2022, should reach $30.0 billion by 2023 and $72.0 billion by 2028 with a compound annual growth rate (CAGR) of 19.1% during the forecast period of 2023-2028.
Report Includes
- 46 data tables and 20 additional tables
- An overview and up-to-date analysis of the global markets for the 5G chipset technologies
- Analyses of the global market trends, with historic market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024, and projections of compound annual growth rates (CAGRs) through 2028
- Discussion of the major growth drivers, industry-specific challenges, technology updates, and government policies and regulations for manufacturing of 5G semiconductor chipsets, that will shape the market as a basis for projecting demand in the next few years (2023-2028)
- Estimation of the actual market size and revenue forecast for the global 5G chipset market, and corresponding market share analysis based on the type of deployment type, wafer material, integrated circuit (IC) type, end use, and region
- Identification of viable technology drivers through a holistic review of various platform technologies, major types of end user markets, and adoption of 5G chipsets across a broad spectrum of industry verticals
- Review of the major industry trends, upcoming technologies and emerging new developments in the global 5G chipset industry
- A relevant patent analysis on the global supply chain management technologies, applications and solutions and review of recent key granted patents
- Insight into the recent industry structure, competitive aspects of each product segment, increasing investment on R&D activities, market development strategies, and company value share analysis
- Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues
- Company profiles of major players within the industry, including Broadcom Inc., Huawei Technologies Co. Ltd., Intel Corp., Qualcomm Technologies Inc., and Samsung Electronics Co. Ltd.
Report Scope
In this report, the 5G chipset market was segmented by component, industry and geography. The report provides an overview of the global 5G chipset market and analyzes market trends. Using 2022 as the base year, the report provides estimated market data for the forecast period 2023 through 2028.
Revenue forecasts for this period are segmented into:
- Deployment type: network infrastructure, smart gadgets, smartphones, routers/modems and others.
- Wafer material type: GaN (gallium nitride)-based chipsets, GaAs (gallium arsenide)-based chipsets, InP (indium phosphide)-based chipsets, SiN (silicon nitride)-based chipsets, Si-based chipsets and others.
- IC type: RFIC, ASIC, cellular IC and mmWave IC.
- End use: telecom infrastructure, automotive, building automation, industrial automation, retail, Energy and utilities, consumer electronics and others.
- Region: North America is segmented into the U.S., Canada and Mexico; Europe is segmented into the U.K., France, Germany and Rest of Europe; the UK is further segmented into England, Wales, Scotland and Northern Ireland; Asia-Pacific (APAC) is segmented into China, Japan, India and the Rest of Asia-Pacific; Rest of the World is segmented into Middle East, Africa and Latin America.
COVID-19 had a massive impact on society beginning in 2020. This report considers the impact of COVID-19 and the economic slowdown it created. With people relying more on technology, the demand for 5G chipset will increase and boost market growth. The report also focuses on the main trends and challenges that affect the market and the vendor landscape.
This report has been prepared in a simple easy-to-understand format, with a number of tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for 5G chipset, with reasons given for variations in the growth of the industry in certain regions. The report examines each component of 5G chipset technology, determines its current market size and estimates its future market. The report also analyzes the market from the manufacturers’ viewpoint, as well as that of the final consumer. A number of technical issues arising out of the use of 5G chipset technologies are discussed and solutions are indicated.
Report Synopsis
Report Metrics | Details | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Base year considered | 2022 | ||||||||||||||||||||
Forecast period considered | 2023-2028 | ||||||||||||||||||||
Base year market size | $26.1 billion | ||||||||||||||||||||
Market size forecast | $72.0 billion | ||||||||||||||||||||
Growth rate | CAGR of 19.1% for the forecast period of 2023-2028 | ||||||||||||||||||||
Units considered | $ Millions | ||||||||||||||||||||
Segments covered | Deployment Type, Wafer Material Type, IC Type, End Use | ||||||||||||||||||||
Regions covered | North America, Europe, Asia-Pacific, Rest of the World (RoW) | ||||||||||||||||||||
Countries covered | U.S., Canada, Mexico, Germany, UK, France, Russia, Finland, Austria, China, India, Japan, Singapore, Malaysia, Latin America, Middle East and Africa | ||||||||||||||||||||
Key Market Drivers |
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Companies studied |
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Frequently Asked Questions (FAQs)
- Upsurge in demand for high-speed internet and broad network coverage.
- Increasing popularity of self-driving cars.
- Growing demand for the internet of things and machine-to-machine communications.
- Increasing application of 5G in artificial intelligence.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global 5G chipset market should grow from $870.0 million in 2019 to reach $10.9 billion by 2024 at a compound annual growth rate (CAGR) of 65.7% for the period of 2019-2024.
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