GMI Research analysis indicates that the 5G chipsets market estimated at USD 12.9 Billion in 2020 and is slated to register a whopping double-digit CAGR of 26.0% over the period, 2021-2028 and is projected to reach USD 82.0 Billion in 2028

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Market Dynamic

Key Drivers and Emerging Trends

The 5G chipset market possesses promising growth potential and is expected to show signs of improvements in the upcoming years, driven by factors like proliferation of IoT connections, rising mobile data traffic, and technological advancements. Increasing investment by leading telecom vendors to establish 5G network infrastructure in order to offer a high-speed connectivity to the consumers, will further contribute to the market size. Nokia Corporation, in November 2018, entered in an agreement with three leading operators in China, to establish high-speed network infrastructure in China. These investments encourage the adoption of 5G-driven devices, thereby, driving the market growth. In addition, with the growing adoption of M2M technologies for better connectivity, the need for a scalable solution with large bandwidth, low latency and hyper-connectivity has emerged, boosting the 5G chipset market.

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Type – Segment Analysis

RFIC type segment is forecast to hold a larger share over the forecast period. Factors like increasing investment in 5G by the regulatory bodies, rapid digitalization, and growing number of RF transceivers in smartphones are expected to propel the segment’s growth.

Process Node – Segment Analysis

10 to 28 nm segment is projected to witness a promising growth over the forecast period, owing to the growing advancements in the production process. Also, the growing deployment of 10 to 28 nm process nodes in the 5G infrastructure and RFIC components will contribute to the market growth.

End Use – Segment Analysis

Automobile is projected to dominate the market during the forecast period. The 5G technology is playing an important in the transformation of the automotive sector by the development of new applications. 5G also enables system and application developers to introduce various applications including vehicle-to-vehicle, vehicle-to-infrastructure, vehicle-to-pedestrian, among others.

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Regional – Segment Analysis:

Asia Pacific is expected to dominate the market. The tech-Giants like China telecom, China Mobile, SK Telecom and KT Corporation are investing for developing the 5G network infrastructure in China, Japan and South Korea. Since the 5G infrastructure has been developing at a fast pace the demand for 5G enabled smartphones has boosted.

Telecom companies are introducing commercial 5G services across North America which is paving way for North America to grow at a faster growth rate globally. Ericsson stated in its June 2019 report, 5G subscription in US to reach around 270 million which is about 60% of the total mobile subscriptions.

Top Market Players

Some of the leading players operating in the market include Qualcomm Technologies, Inc., Analog Devices, Inc., Qorvo, Inc., Skyworks Solutions, Inc., SAMSUNG, Huawei Technologies Co., Ltd., MediaTek Inc., Marvell, Anokiwave, and NXP Semiconductors, among others.

Key Developments:

• In 2020, Qualcomm Technologies, Inc., developed a new 5G mobile platforms in the 7-series, the Snapdragon 750G 5G Mobile platform, which allows the 5G with exclusive HDR gaming and on-device AI.
• In 2020, MediaTek Inc., innovated its Dimensity 800 Series 5G chipset with the flagship features, power, and performance to new premium mid-range 5G smartphones.
• In September 2019, Samsung Electronics launched Exynos 980 mobile processor equipped with a 5G modem that provides a downlink speed of up to 2.55Gbps. The integration of modem and mobile processor in a single chip uses less space and enhances power efficiency.

Segments covered in the Report:

The global 5G Chipset market has been segmented on the basis of Type, End Use, Frequency, Process Node and regions. Based on Type, the market is segmented into Modem and RFIC. Based on End Use, the market is segmented into Telecommunication, Mobile Devices, Non-Mobile Devices, and Automobile. Based on Frequency, the market is segmented into Sub-6 GHZ, 24-39 GHZ, and Above 39 GHZ. Based on Process Node the market is segmented into Less than 10 NM, 10-28 NM, and Above 28 nm. 

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Key questions answered in this research report:

• • At what pace is global 5G Chipset market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in 5G Chipset market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global 5G Chipset market?
  • Which Type generated maximum revenues in 2019 and identify the most promising Type during the forecast period?
  • What are the various End Use areas of global 5G Chipset market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Revenues (2020)	USD 12.9 Billion
Market Base Year	2020
Market Forecast Period	2021-2028
Base Year & Forecast Units	Revenues (USD Billion)
Market Segment	By Type, By End Use, By Frequency, By Process Node, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Qualcomm Technologies, Inc., Analog Devices, Inc., Qorvo, Inc., Skyworks Solutions, Inc., SAMSUNG, Huawei Technologies Co., Ltd., MediaTek Inc., Marvell, Anokiwave, and NXP Semiconductors, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global 5G Chipset Market by Type

• • Modem
  • RFIC

Global 5G Chipset Market by End Use

• • Telecommunication
  • Mobile Devices
  • Non-Mobile Devices
  • Automobile

Global 5G Chipset Market by Frequency

• • Sub-6 GHZ
  • 24-39 GHZ
  • Above 39 GHZ

Global 5G Chipset Market by Process Node

• • Less than 10 NM
  • 10-28 NM
  • Above 28 nm

Global 5G Chipset Market by Region

• • North America 5G Chipset Market (Option 1: As a part of the free 25% customization)
    • By Type
    • By End Use
    • By Frequency
    • By Process Node
    • US Market All-Up
    • Canada Market All-Up
  • Europe 5G Chipset Market (Option 2: As a part of the free 25% customization)
    • By Type
    • By End Use
    • By Frequency
    • By Process Node
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific 5G Chipset Market (Option 3: As a part of the free 25% customization)
    • By Type
    • By End Use
    • By Frequency
    • By Process Node
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW 5G Chipset Market (Option 4: As a part of the free 25% customization)
    • By Type
    • By End Use
    • By Frequency
    • By Process Node
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the 5G Chipset (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Qualcomm Technologies, Inc.
  • Analog Devices, Inc.
  • Qorvo, Inc.
  • Skyworks Solutions, Inc.
  • SAMSUNG
  • Huawei Technologies Co., Ltd.
  • MediaTek Inc.
  • Marvell
  • Anokiwave
  • NXP Semiconductors