PUBLISHER: The Business Research Company | PRODUCT CODE: 1680801
PUBLISHER: The Business Research Company | PRODUCT CODE: 1680801
A 5G radio frequency chip (RF chip) is a component engineered to function at elevated frequencies, typically within the range of several hundred megahertz (MHz) to several gigahertz (GHz), and is integral to 5G technology for wireless communication. These chips consolidate a multitude of functions necessary for radio frequency communication into a singular chip, diminishing the reliance on external components and concurrently boosting operational efficiency.
The primary categories of 5G radio frequency chips (RF chips) are distinguished as high-frequency and low-frequency. High frequency pertains to electromagnetic frequencies positioned in the upper segment of the radio frequency (RF) spectrum. Within this category, several chips play vital roles, including radio frequency integrated circuits (RFICs) and millimeter-wave ICs, generating both sub-6 GHz and millimeter-wave (mmWave) frequency bands. These chips find application across diverse sectors, including automotive, communications, consumer electronics, and others.
The 5G radio frequency chips (RF chips) market research report is one of a series of new reports from The Business Research Company that provides 5G radio frequency chips (RF chips) market statistics, including 5G radio frequency chips (RF chips) industry global market size, regional shares, competitors with a 5G radio frequency chips (RF chips) market share, detailed 5G radio frequency chips (RF chips) market segments, market trends and opportunities, and any further data you may need to thrive in the 5G radio frequency chips (RF chips) industry. This 5G radio frequency chips (RF chips) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The 5G radio frequency chip (RF chip) market size has grown rapidly in recent years. It will grow from $37.6 billion in 2024 to $44.91 billion in 2025 at a compound annual growth rate (CAGR) of 19.4%. The growth in the historic period can be attributed to demand for higher data rates, emergence of internet of things (IoT), mobile broadband evolution, deployment of small cells and massive mimo.
The 5G radio frequency chip (RF chip) market size is expected to see rapid growth in the next few years. It will grow to $91.27 billion in 2029 at a compound annual growth rate (CAGR) of 19.4%. The growth in the forecast period can be attributed to 5G deployment, edge computing, government initiatives, increasing network densification, proliferation of 5G-enabled devices. Major trends in the forecast period include integration of multiple bands and standards, advancements in beamforming and mimo technology, expansion of mmWave capabilities, adoption of advanced packaging technologies, development of AI-enabled RF chips, collaborations for ecosystem development.
The growing demand for high-speed internet connectivity is expected to significantly boost the 5G radio frequency (RF) chip market in the future. High-speed internet connectivity enables faster data access and transmission compared to traditional internet connections. 5G RF chips are crucial for facilitating this high-speed connectivity in 5G networks, as they can accommodate various frequency bands, utilize advanced modulation techniques, support beamforming, ensure low-latency communication, integrate with antenna systems, and provide energy efficiency. For example, in 2023, the Government of Canada projected that high-speed internet access would reach 98% of the population by 2026 and 100% by 2030. Additionally, the number of global internet users increased from 5.1 billion (representing a 65% penetration rate) in 2022 to 5.4 billion (67% penetration) in 2023. Consequently, the rising need for high-speed internet connectivity is set to drive growth in the 5G RF chip market.
Key players in the 5G radio frequency chip (RF chip) market are strategically focusing on innovative technological solutions, such as the system-on-chip, to maintain competitiveness and cater to the rising demand for faster and more reliable wireless communication systems. The system-on-chip (SoC) represents a mmWave 5G chipset specifically designed to power the next generation of 5G smartphones, delivering seamless displays, gaming experiences, and enhanced power efficiency. For instance, in May 2023, MediaTek Inc., a Taiwan-based semiconductor company, introduced the Dimension 1050 system-on-chip, marking the inaugural mmWave chipset for seamless 5G smartphone connectivity. The Dimension 1050 seamlessly transitions between mmWave 5G and sub-6GHz, ensuring compatibility with 5G networks globally. Additionally, it supports high-end UFS 3.1 storage and LPDDR5 memory, providing ultra-fast data streams, and features a dual HDR video capture engine for simultaneous streaming with front and rear cameras.
In June 2022, Qualcomm, a US-based semiconductor firm specializing in wireless technology products and services, acquired Cellwize Wireless Technologies Pte Ltd. for an undisclosed sum. This acquisition is intended to expedite the adoption of 5G by improving network infrastructure and fostering innovation in automated, cloud-native solutions for telecommunications. Cellwize Wireless Technologies Pte Ltd., an Israel-based tech company, focuses on integrating 5G radio frequency chips to enhance network efficiency and connectivity for mobile operators.
Major companies operating in the 5g radio frequency chip (rf chip) market report are Samsung Electronics Co. Ltd, Qualcomm, Broadcom Inc., Texas Instruments Incorporated, MediaTek Inc., STMicroelectronics, Infineon Technologies AG, Renesas Electronics Corporation, Murata, NXP Semiconductors N.V., Analog Devices, ON Semiconductor Corporation, Skyworks, Qorvo, GuoboElectronicCo. Ltd, Silicon Labs, MaxLinear Inc., MACOM Technology Solutions Holdings, Inc., WIN Semiconductors Corp., Analogic Corporation, Vanchip (Tianjin) Technology Co., Ltd, Sequans Communications S.A., ShenZhen Fine Made Electronics Group Co. Ltd, Filtronic plc, Maxscend Technologies Inc
North America was the largest region in the 5G radio frequency chip (RF Chip) market in 2024. The regions covered in the 5g radio frequency chip (rf chip) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the 5g radio frequency chip (rf chip) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The 5G radio frequency chip (RF chip) market consists of revenues earned by entities by providing services such as chip design services, integration services, customization and optimization, and consulting and support services. The market value includes the value of related goods sold by the service provider or included within the service offering. The 5G radio frequency chip (RF chip) market also includes sales of transceivers, RF front-end modules, power amplifiers, low-noise amplifiers, beamforming chips, and RF switches. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
5G Radio Frequency Chip (RF Chip) Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on 5g radio frequency chip (rf chip) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for 5g radio frequency chip (rf chip) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The 5g radio frequency chip (rf chip) market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.