Global 5G Chipset Market Size Study, by Type, by Operating Frequency, by Processing Node Type, by Deployment Type, by Vertical and Regional Forecasts 2022-2032

Description

The global 5G chipset market is valued approximately at USD 39.32 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 20.7% over the forecast period 2024-2032. The advent of 5G chipsets represents a transformative leap in wireless technology, designed to support the burgeoning ecosystem of internet-connected devices and the expansive infrastructure demands of 5G networks. This new generation of chipsets facilitates ultra-fast broadband wireless operational frequencies, extending beyond mobile internet to encompass IoT and essential communications segments, effectively creating a perceived globally interconnected network. This technology underpins a wide array of applications from enhanced mobile broadband to massive machine-type communications and ultra-reliable low-latency communications, paving the way for innovations in various industries.

The market's growth trajectory is propelled by the proliferation of machine-to-machine (M2M) and IoT connections, alongside the escalating demand for high-speed internet and extensive network coverage. The surge in mobile broadband operational frequency further fuels this expansion. Industry players are continuously innovating, launching advanced 5G chipset solutions tailored for diverse applications. A notable example is Sequans Communications S.A.'s Taurus 5G NR chipset platform, introduced in May 2023, which is engineered to support 5G broadband IoT devices cost-effectively. These advancements bolster the market by meeting the demands of enterprise and private networks, residential fixed wireless access, mobile computing, and other high-end IoT applications, including smart cities and smart buildings. Moreover, the rising demand for 5G chipsets in vehicle-to-everything (V2X) communications is significantly contributing to market expansion. 5G technology enables real-time, low-latency communication between vehicles and their environment, enhancing connected vehicle applications by fostering a cooperative, intelligent transport system (C-ITS). This advancement reduces congestion, prevents accidents, and optimizes traffic flow, while also boosting the autonomous capabilities of vehicles through faster information processing.

However, the market faces challenges such as the high initial investment and deployment costs associated with 5G chipsets. These costs impact the overall manufacturing expenses of 5G-enabled devices, including smartphones, potentially leading to higher average selling prices. Nevertheless, anticipated price reductions due to competitive dynamics among key market players are expected to alleviate these cost barriers in the near future.

The regional analysis highlights North America as a significant growth area from 2024 to 2032, driven by the deployment of 5G networks and the subsequent rise of technologies such as autonomous vehicles and augmented/virtual reality. Asia Pacific, which dominated the market with a 41.20% share in 2023, continues to benefit from rapid advancements in high-speed connectivity and the adoption of IoT, AI, and cloud computing. This region is also home to leading 5G chipset manufacturers, fostering innovation and competition that drive the market forward.

Major market players included in this report are:

Huawei Technologies, Inc.
MediaTek Inc.
Intel Corporation
Samsung Electronics Co., Ltd.
Infineon Technologies AG
Qualcomm Technologies, Inc.
Unisoc Communications Inc.
Qorvo, Inc.
Murata Manufacturing Co., Ltd.
MACOM

The detailed segments and sub-segment of the market are explained below:

By Type:

Modems
RFICs
Others

By Operating Frequency:

Sub-6 GHz
24-39 GHz
Above 39 GHz

By Processing Node Type:

7 nm
10 nm
Others

By Deployment Type:

Telecom Base Station Equipment
Smartphones/Tablets
Connected Vehicles
Connected Devices
Broadband Access Gateway Devices
Others

By Vertical:

Manufacturing
Energy & Utilities
Media & Entertainment
IT & Telecom
Transportation & Logistics
Healthcare
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global 5G Chipset Market Executive Summary

1.1. Global 5G Chipset Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Operating Frequency
- 1.3.3. By Processing Node Type
- 1.3.4. By Deployment Type
- 1.3.5. By Vertical
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global 5G Chipset Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global 5G Chipset Market Dynamics

3.1. Market Drivers
- 3.1.1. Proliferation of M2M/IoT Connections
- 3.1.2. Rising Demand for High-Speed Internet
- 3.1.3. Increase in Mobile Broadband Operational Frequency
3.2. Market Challenges
- 3.2.1. High Initial Investment and Deployment Costs
- 3.2.2. Cost Impact on 5G-Enabled Devices
3.3. Market Opportunities
- 3.3.1. Advancements in 5G Chipset Solutions
- 3.3.2. Demand for V2X Communications
- 3.3.3. Emerging Applications in Various Verticals

Chapter 4. Global 5G Chipset Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global 5G Chipset Market Size & Forecasts by Type 2022-2032

5.1. Segment Dashboard
5.2. Global 5G Chipset Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Modems
- 5.2.2. RFICs
- 5.2.3. Others

Chapter 6. Global 5G Chipset Market Size & Forecasts by Operating Frequency 2022-2032

6.1. Segment Dashboard
6.2. Global 5G Chipset Market: Operating Frequency Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Sub-6 GHz
- 6.2.2. 24-39 GHz
- 6.2.3. Above 39 GHz

Chapter 7. Global 5G Chipset Market Size & Forecasts by Processing Node Type 2022-2032

7.1. Segment Dashboard
7.2. Global 5G Chipset Market: Processing Node Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. 7 nm
- 7.2.2. 10 nm
- 7.2.3. Others

Chapter 8. Global 5G Chipset Market Size & Forecasts by Deployment Type 2022-2032

8.1. Segment Dashboard
8.2. Global 5G Chipset Market: Deployment Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Telecom Base Station Equipment
- 8.2.2. Smartphones/Tablets
- 8.2.3. Connected Vehicles
- 8.2.4. Connected Devices
- 8.2.5. Broadband Access Gateway Devices
- 8.2.6. Others

Chapter 9. Global 5G Chipset Market Size & Forecasts by Vertical 2022-2032

9.1. Segment Dashboard
9.2. Global 5G Chipset Market: Vertical Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 9.2.1. Manufacturing
- 9.2.2. Energy & Utilities
- 9.2.3. Media & Entertainment
- 9.2.4. IT & Telecom
- 9.2.5. Transportation & Logistics
- 9.2.6. Healthcare
- 9.2.7. Others

Chapter 10. Global 5G Chipset Market Size & Forecasts by Region 2022-2032

10.1. North America 5G Chipset Market
- 10.1.1. U.S. 5G Chipset Market
  - 10.1.1.1. Type breakdown size & forecasts, 2022-2032
  - 10.1.1.2. Operating Frequency breakdown size & forecasts, 2022-2032
  - 10.1.1.3. Processing Node Type breakdown size & forecasts, 2022-2032
  - 10.1.1.4. Deployment Type breakdown size & forecasts, 2022-2032
  - 10.1.1.5. Vertical breakdown size & forecasts, 2022-2032
- 10.1.2. Canada 5G Chipset Market
10.2. Europe 5G Chipset Market
- 10.2.1. UK 5G Chipset Market
- 10.2.2. Germany 5G Chipset Market
- 10.2.3. France 5G Chipset Market
- 10.2.4. Spain 5G Chipset Market
- 10.2.5. Italy 5G Chipset Market
- 10.2.6. Rest of Europe 5G Chipset Market
10.3. Asia-Pacific 5G Chipset Market
- 10.3.1. China 5G Chipset Market
- 10.3.2. India 5G Chipset Market
- 10.3.3. Japan 5G Chipset Market
- 10.3.4. Australia 5G Chipset Market
- 10.3.5. South Korea 5G Chipset Market
- 10.3.6. Rest of Asia Pacific 5G Chipset Market
10.4. Latin America 5G Chipset Market
- 10.4.1. Brazil 5G Chipset Market
- 10.4.2. Mexico 5G Chipset Market
- 10.4.3. Rest of Latin America 5G Chipset Market
10.5. Middle East & Africa 5G Chipset Market
- 10.5.1. Saudi Arabia 5G Chipset Market
- 10.5.2. South Africa 5G Chipset Market
- 10.5.3. Rest of Middle East & Africa 5G Chipset Market

Chapter 11. Competitive Intelligence

11.1. Key Company SWOT Analysis
11.2. Top Market Strategies
11.3. Company Profiles
- 11.3.1. Huawei Technologies, Inc.
  - 11.3.1.1. Key Information
  - 11.3.1.2. Overview
  - 11.3.1.3. Financial (Subject to Data Availability)
  - 11.3.1.4. Product Summary
  - 11.3.1.5. Market Strategies
- 11.3.2. MediaTek Inc.
- 11.3.3. Intel Corporation
- 11.3.4. Samsung Electronics Co., Ltd.
- 11.3.5. Infineon Technologies AG
- 11.3.6. Qualcomm Technologies, Inc.
- 11.3.7. Unisoc Communications Inc.
- 11.3.8. Qorvo, Inc.
- 11.3.9. Murata Manufacturing Co., Ltd.
- 11.3.10. MACOM

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes