Global 5G Chipset Market

The 5G chipset market was valued at USD 2,196.43 Million in 2020, and it is expected to reach a value of USD 77,929.21 Million by 2027, at a CAGR of 29.47% over the forecast period (2020 - 2027).

The important 5G device component is a 5G chipset. Since the chipset handles the data flow through the computer to ensure the correct operation of the machine. It enables users of these gadgets with a better experience as well as excellent access to the next generation networks. Consumers today prefer high-speed and smooth data access that drives industry growth. The development of the network coverage and the implementation of IoT in several applications are some other reasons which increase the market growth.

Several leading telecom operators all around world, including ATT, Inc., Verizon Communications, and China Telecom Corporation Limited, are investing heavily in the deployment of 5G network infrastructure to provide high-speed connectivity to their customers. However, Governments of all across the world are focusing to implementing 5G technology and applications policies that have pushed operators globally into even stronger rivalry in 5G large-scale commercial deployment and vertical industries testing.

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Top Players Company Profiles

Qualcomm Inc. (US)
Intel Corporation (US)
Samsung Electronics Co. Ltd. (South Korea)
Qorvo Inc. (US)
Huawei Investment Holding Co. Ltd. (China)
Xilinx Inc. (US)
Analog Devices Inc. (US)
NXP Semiconductors N.V. (Netherlands)
Marvell Technology Group (Bermuda)
Broadcom Inc. (US)

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Global 5G Chipset Market Segmental Analysis

The Global 5G chipset market is segmented based on Frequency Type, Node Type, Deployment Type, Vertical outlook, and Region. Based on Frequency Type it is categorized into: sub-6GHz mmWave , sub-6GHz+ mmWave. Based on Node Type it is categorized into: 7 nm, 10 nm. Based on Deployment Type it is categorized into: Telecom Base Station Equipment, Smartphones/Tablets, Single-mode Connected Vehicles, Connected Devices, Broadband Access Gateway Devices. Based on Vertical outlook it is categorized into: Manufacturing, Energy Utilities, Media Entertainment, IT Telecom, Transportation Logistics, Healthcare. Based on region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.

Analysis by Node Type

In 2020, the 10nm Node segment has dominated the market, Advances in the fabrication process are helping in the advancement of ICs, which has resulted in smaller and more power-efficient electronic gadgets. The 5G chipset market has been divided into three segments based on process node: less than 10 nm, 10–28 nm, and greater than 28 nm. 5 nm, 7 nm, 10 nm, 14 nm, 28 nm, 45 nm, 60 nm, and other significant process nodes are used to manufacture 5G chipset components such as modems and RFICs. 5G chipsets with process nodes ranging from 10 to 28 nm typically feature baseband processors for 5G infrastructure as well as RFIC components.

Analysis by Frequency Type

In 2020, Sub-6 GHz is attributed to hold largest market size of 5G chipset market. 5G devices operating in the Sub-6 GHz frequency region are expected to play a key role in providing comprehensive coverage and enabling a wide range of use cases. Companies like Huawei and ZTE do 90% of their work in sub-6 GHz. Sub-1 GHz frequencies provide 5G services in urban, suburban, and rural locations, and they may also play a role in IoT services. This spectrum will most likely aid in the delivery of 5G services to hard-to-reach and densely populated public places. 5G coverage and capacity applications employ spectrum from 1 to 6 GHz.

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