Market Highlights
5G network speeds are estimated to be as high as
10-20Gbps, allowing the rapid transmission of huge amount of data between
connected IoT devices, and powering applications that demand real-time
connections. There are various ways in which 5G chipsets is expected to play a
role in supporting next-generation IoT services in some key industry verticals
such as automotive, healthcare and communications. The requirement for
real-time networks will be achieved using 5G which is expected to significantly
transform the healthcare industry.
By type, the 5G chipset market is segmented into radio
frequency integrated circuit (RFIC), application-specific integrated circuit
(ASIC), cellular integrated circuit, and millimeter wave integrated circuit.
RFIC is the dominating segment in terms of adoption and deployment in various
verticals. By operational frequency, the 5G chipset market is segmented into
below 6 GHz, 26–39 GHz, and 39 and above GHz.
By product, the 5G chipset market is segmented into
customer premise equipment, network infrastructure equipment. Consumer premise
equipment is growing with the highest CAGR during the forecast period. However,
network infrastructure equipment is dominating the 5G chipsets market in terms
of product.
By vertical, the 5G chipset market is segmented into
automotive & transportation, IT & telecommunication, retail,
government, energy & utilities, healthcare, industrial, and others. Among
these verticals, the automotive, and IT & telecommunications sector
dominate the 5G chipset market owing to the increased adoption of connected
cars and high development in IoT.
By region, the 5G chipset market is segmented into
North America, Europe, Asia-Pacific, and rest of the world
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Key Players
The key players in the 5G chipset market are identified
across all the major regions based on their country of origin, presence across
different regions, recent key developments, product diversification, and
industry expertise. Some of them are— Qualcomm Inc (US), Intel Corporation
(US), Nokia Oyj (Finland), Samsung Electronics Co Ltd (South Korea), Xilinx Inc
(US), IBM Corporation (US), Qorvo Inc (US), Infineon Technologies AG (Germany),
Integrated Device Technology Inc (US), Anokiwave (US). These players contribute
a major proportion towards market growth.
Apart from the top key players, the other players
contribute nearly 30–35 % in the 5G chipset market. These include Analog
Devices Inc (US), Broadcom Inc (US), Huawei Technologies Co., Ltd (China),
MACOM Technology Solutions Holdings Inc (US), Cavium Inc (US),
Telefonaktiebolaget LM Ericsson Class B (Sweden), Fujitsu Ltd (Japan), ZTE
Corporation (China), Hewlett Packard Enterprise Co (US), KT Corp (South Korea)
and others.
Global 5G Chipset Market
|
Regional
Analysis
The market for 5G Chipset is estimated to grow at a
significant rate during the forecast period from 2018 to 2023. The geographical
analysis of 5G
Chipset market is studied for North America, Europe, Asia-Pacific, and
the rest of the world (including the Middle East, Africa, and Latin America).
North America holds the largest market share of the
5G chipset market in terms of development, production and operations. The
implementation of 5G chipsets in manufacturing, entertainment sector, and
healthcare is the major factor contributing to the growth of the 5G chipsets
market in North America.
Companies like Qualcomm, Huawei, Intel, and Samsung
have been developing 5G chips and are planning to expand this technology, to
various other regions. Owing to high presence of smartphone manufacturers and
semiconductor industry, the Asia Pacific region is expected to grow at a fast
pace. Countries like China, Taiwan, and South Korea hold nearly about 80% of
global smartphone manufacturers, and most of them turn to be the largest.
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