Dublin, Dec. 28, 2022 (GLOBE NEWSWIRE) -- The "5G Chipset Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030" report has been added to ResearchAndMarkets.com's offering.
The market for 5G chipsets is still in developing/testing stage and expected to witness strong growth on complete commercialization, evolving beyond early adopter stage quickly to reach mass market in the coming years. The global 5G chipsets market is poised to register double digit CAGR (39.5%) between 2022 and 2030, becoming a multi-billion market in the coming years.
North America the largest 5G Chipset market; Asia Pacific to Register Superior Growth
North America represents the largest 5G chipset market worldwide, closely followed by Asia Pacific and Europe respectively. The U.S. remains the engine of growth, accounting for over 90% of the total North America market value. The strong market position of the region estimated is primarily on the back of several factors including presence of large base of established manufacturers, sophisticated IT infrastructure and relatively greater penetration of technologies like IoT, Big Data, and artificial intelligence across different industry verticals. The multitude of research and resulting investments dedicated towards developing next-generation network technologies bodes well for the market growth in the region.
In addition, increased initiatives taken by the U.S. government in a bid to ensure better rural connectivity will drive market demand during the forecast period. On the other hand, Asia Pacific is foreseen to become the most profitable business destination for 5G chipset manufacturers during the forecast period 2022 - 2030. Government initiatives supporting investments in smart city projects and 5G technology is expected help 5G chipset market gather steam in the region. Countries including China, South Korea, and Japan are spending huge amounts in developing 5G infrastructure. For instance, China has already laid down a five-year plan covering a US$ 400 Bn budget for 5G related investments.
ASIC (Application Specific Integrated Circuit)-based Chipsets to Dominate throughout the Forecast Period
Application Specific Integrated Circuits (ASIC)-based 5G chipsets are estimated to be the largest revenue generating variants in the global 5G chipsets market. One of the major factors expected to propel adoption of ASIC-based 5G chipsets include proliferation of consumer electronics industry, especially in developing countries, increased industrial automation, and steady growth in the telecommunication industry worldwide. Over the past few years, mobile devices including smartphones, laptops, and tablets have witnessed colossal penetration worldwide.
Some of the leading manufacturers profiled in the research study include Infineon Technologies, Qualcomm Technologies, MediaTek Inc., Intel Corporation, Qorvo Inc., Broadcom, Inc., Xilinx Inc., Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd. , Analog Devices Inc., Anokiwave Inc., Nokia Corporation, IBM Corporation, and among others.
Radio Frequency Integrated Circuit (RFIC)
Application-specific Integrated Circuits (ASIC)
Millimeter Wave IC
Between 26 and 39 GHz
Above 39 GHz
Automotive and Transportation
Energy and Utilities
Others (Public Safety, IT & Telecom, etc.)
Key questions answered in this report
What are the key micro and macro environmental factors that are impacting the growth of 5G Chipset market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2030.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the 5G Chipset market?
Which is the largest regional market for 5G Chipset market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving 5G Chipset market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the 5G Chipset market worldwide?
Key Topics Covered:
2. Executive Summary
3. 5G Chipset Market: Competitive Analysis
4. 5G Chipset Market: Macro Analysis & Market Dynamics
5. 5G Chipset Market: By IC Type, 2020-2030, USD (Million)
6. 5G Chipset Market: By Operating Frequency, 2020-2030, USD (Million)
7. 5G Chipset Market: By End-use Vertical, 2020-2030, USD (Million)
8. North America 5G Chipset Market, 2020-2030, USD (Million)
9. UK and European Union 5G Chipset Market, 2020-2030, USD (Million)
10. Asia Pacific 5G Chipset Market, 2020-2030, USD (Million)
11. Latin America 5G Chipset Market, 2020-2030, USD (Million)
12. Middle East and Africa 5G Chipset Market, 2020-2030, USD (Million)
13. Company Profile
Huawei Technologies Co. Ltd.
Samsung Electronics Co. Ltd.
Analog Devices Inc.
For more information about this report visit https://www.researchandmarkets.com/r/infrdf
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