5G chipset or fifth generation chipset is a new generation technology which has been relevant for mobile phones, laptop and Internet users. This is becoming the new speed reality in distant future. Many network providers, OEMs, and chipset manufacturers are racing towards the finish line of 5G production. It has become an integral part of 5G enabled products like smartphones, tablets, C-V2X devices, and routers. Thus, 5G chipset market is going to be the most popular industries in the coming years.
Countries which has adopted 5G Chipset – · The United States · South Korea · Sweden & Estonia · Turkey · Japan · China
5G Chipset market Insights-
The 5G chipset market research aims to provide a wide overview of the insights of the market in terms of value and revenue. It assesses the profile of the leading players involved in the global 5G chipset. The market aims to analyze the developments such as a merger, acquisition, new product launches in the market. Further, the market provides an overview of the market during the forecasted period i.e. 2018-2023. For the better consideration, 2017 is considered as the base year and 2018 is considered as the current year. The growing demand from various end-use industries couples with several advantages associated with the use of 5th generation chipset are the major factors driving the growth of the market. It provides insights into the dynamic market that continuously changes according to the requirements and needs of the customers. The company invests a huge amount on research and development to adopt the latest techniques which help in the overall growth of the market.
Need of 5G chipset -
With the enormous increase in internet users, next generation demands beyond the mobile internet and improvement in data speed. The modern trends, technologies like the Internet of Things and growing smart cities is likely to foster the growth of this market. Moreover, people are demanding IOT connection and mobile data service at the highest pace. Besides this, 5G smartphones are the new demand among the consumers, which is directly increasing the market need.
The comprehensive research of the market comprises a complete forecast of the global 5G chipset market based on the factors affecting the market and its impact on the future. The market segmented into various types to have a better prediction of the market. The market is segmented on the basis of IC type, by product, by operation frequency, and by end-user industry. On the basis of IC type, it is divided into RFIC, VFIC, Cellular IC, and mmWave IC. By product, the market is divided into network infrastructure equipment, a customer premises equipment, and devices. On the basis of operation frequency, it is divided into Sub-6 GHz, Between 26 and 39 GHz and above 39 GHz.
Geographical distribution- The 5G chipset market size has been analyzed with respect to the various geographical segments. The geography covered in the report is North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe, Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific) Latin America (Brazil, Mexico, Argentina and Rest of Latin America) and Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa).
The Asia Pacific held a key market revenue share of the 5G chipset market. As 5G has not come in this part of the world, there is a possibility that after commercialization most of the users in this area will purchase 5G mobile phones and electronics system. For example, In India, the mission of “100 smart cities” is likely to foster the growth of 5G chipset market.
Competitive landscape- The global 5G chipset market share is projected to expand at a significant growth rate, due to the increasing adoption of modern 5G technologies. Key market players are continuously enhancing their research and development expertise to design advanced technology. Some of the key players profiled include Qualcomm Technologies, Intel Corporation, Samsung Electronics, Integrated Device Technology, Huawei, Nokia Corporation, Xilinx, Inc., Infineon Technologies AG, Qorvo, Anokiwave and other major & niche players. These industry players are continuously working on their brand image.
According to the 5G chipset market forecast, the market is growing and provides opportunities to potential investors to invest and sustain in the market. The market has collaborated with manufacturers, partners which allow them to strategize investments and capitalizing on the market opportunities.
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About the Author
Aditi Desai Joined: December 20th, 2018 Articles Posted: 171
