Pune, Jan. 25, 2023 (GLOBE NEWSWIRE) — According to our latest research, the global 5G Chipset market size will reach USD 51160 million in 2028, growing at a CAGR of 50.6% over the analysis period 2022-2028.
Fifth-generation wireless, or 5G, is the latest iteration of cellular technology, engineered to greatly increase the speed and responsiveness of wireless networks. With 5G, data transmitted over wireless broadband connections could travel at rates as high as 20 Gbps by some estimates — exceeding wireline network speeds — as well as offer latency of 1 ms or lower for uses that require real-time feedback. 5G will also enable a sharp increase in the amount of data transmitted over wireless systems due to more available bandwidth and advanced antenna technology.
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By region, North America is likely to hold the largest market share in terms of revenue in 2020. High demand for advanced technologies such as connected cars, machine-to-machine communication, and artificial intelligence will offer huge opportunities for the growth of the 5G chipset market in North America. Moreover, North America is one of the leading markets for 5G in terms of R&D in 5G technology, network design/deployment, and the presence of key market players. The market in APAC is expected to grow at the highest CAGR from 2020 to 2026. The growth of on-demand video services and IoT will drive the growth of the market in APAC.
Global 5G Chipset Scope and Market Size:
This report focuses on the global 5G Chipset status, future forecast, growth opportunity, key market and key players. The study objectives are to present the 5G Chipset development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
Market Analysis and Insights: Global 5G Chipset Market
5G Chipset market 2023 delivers a comprehensive overview of the growth rate, industry size, share, recent technology, developments and trends update. This report also covers a detailed study of geographical regional segments, market dynamics, trends, drivers, restraints, and challenges faced in the industry. The report also focuses on global major leading industry players of the global 5G Chipset market providing information such as company profiles, product picture and specifications, price, cost, revenue, and contact information. From a global perspective, this report represents the overall 5G Chipset market size by analyzing historical data and future prospects. Furthermore, the report added compelling business systems, deals income, CAGR status, and SWOT investigation. It also covers industry segmentations (Manufacture, Type, Applications and Geographical Regions) with value and volume.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global 5G Chipset market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global 5G Chipset market in terms of revenue.
This report gives a detailed description of all the factors influencing the growth of these market players as well as profiles of their companies, their product portfolios, marketing strategies, technology integrations, and more information about these market players. Some of the key players are as follows:
The Major Key Players Listed in the 5G Chipset Market Report are:
- Qualcomm Technologies
- Samsung Electronics
- Infineon Technologies
- Renesas Electronics Corporation
- Analog Devices
- Macom Technology Solutions
Global 5G Chipset Market: Drivers and Restraints
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or a negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production in the global market and of each type.
A thorough evaluation of the restraints included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
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Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global 5G Chipset market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global 5G Chipset market.
Global 5G Chipset Market: Segment Analysis
The research report includes specific segments by region (country), company, Type, and Application. This study provides information about the sales and revenue during the historic and forecasted period. Understanding the segments helps in identifying the importance of different factors that aid market growth.
5G Chipset Market Segmentation by Type:
- By IC Type
- Cellular IC
- mmWave IC
- By Operation Frequency
- Sub-6 GHz
- Between 26 and 39 GHz
- Above 39 GHz
5G Chipset Market Segmentation by Application:
- Automotive & Transportation
- Energy & Utilities
- Building Automation
- Industrial Automation
- Consumer Electronics
- Public Safety & Surveillance
Geographic Segment Covered in the Report:
The 5G Chipset report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.
- North America
- South America
- Middle East and Africa
Key Attentions of 5G Chipset Market Report:
- The report offers a comprehensive and broad perspective on the global 5G Chipset market.
- The market statistics represented in different 5G Chipset segments offer a complete industry picture.
- Market growth drivers and challenges affecting the development of 5G Chipset are analyzed in detail.
- The report will help in the analysis of major competitive market scenarios, and market dynamics of 5G Chipset.
- Major stakeholders, key companies 5G Chipset, investment feasibility, and new market entrants study is offered.
- The development scope of 5G Chipset in each market segment is covered in this report. The macro and micro-economic factors affecting the 5G Chipset market
- Advancement is elaborated on in this report. The upstream and downstream components of 5G Chipset and a comprehensive value chain are explained.
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Detailed TOC of Global 5G Chipset Market Report 2023
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global 5G Chipset Market Size Growth Rate by Type (2022-2028)
1.2.4 Cellular IC
1.2.5 mmWave IC
1.3 Market by Application
1.3.1 Global 5G Chipset Market Share by Application (2022-2028)
1.3.2 Automotive & Transportation
1.3.3 Energy & Utilities
1.3.6 Building Automation
1.3.7 Industrial Automation
1.3.8 Consumer Electronics
1.3.9 Public Safety & Surveillance
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global 5G Chipset Market Size
2.2 5G Chipset Market Size by Regions
2.2.1 5G Chipset Growth Rate by Regions (2022-2028)
2.2.2 5G Chipset Market Share by Regions (2022-2028)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Use Cases
3 Key Players
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