5G Chipset Market, Several Upcoming Update Industry Research and Industry Growth COVID – 19 Outbreak, Business Revenue, Future Scope Forecast To 2027
Overview:
The global 5G
chipset market share is set to cross USD
9.22 billion, with a 41.2% CAGR during the forecast period of 2020 to 2027.
Market Research Future (MRFR) marks growing automation, use of IoT, expansion
in data center network, hike in bandwidth, advanced antenna technology,
participation from mobile operators, machine to machine communication, and
others as the major traction providers.
Segmentation:
The global
5G chipset market, as discussed by MRFR analysts, has been studied on the basis
of a segmentation that includes the product, operational frequency, type, and
verticals.
By type,
the market includes radio frequency integrated circuit (RFIC), cellular
integrated circuit, application-specific integrated circuit (ASIC), and
millimeter-wave integrated circuit.
By
operational frequency, the market comprises 26–39 GHz, below 6 GHz, and 39 and
above GHz.
By product,
the market encompasses customer premise equipment and network infrastructure
equipment.
By
vertical, the market discusses IT & telecommunication, retail, government,
automotive & transportation, healthcare, industrial, energy &
utilities, and others.
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Regional Analysis:
Structural
benefit, investment scope, and the presence of major players are expected to
put North America and Europe in advantageous positions. Asia Pacific would also
gain from the booming electronics industry and growing incorporation of
automation and IoT.
Competitive Landscape:
The global
market for 5G chipset is set to profit from the strategic moves of companies
like Intel Corporation (US), Nokia Oyj (Finland), Qualcomm Inc (US), Xilinx Inc
(US), IBM Corporation (US), Samsung Electronics Co Ltd (South Korea),
Integrated Device Technology Inc (US), Qorvo Inc (US), Infineon Technologies AG
(Germany), Broadcom Inc (US), Anokiwave (US), Analog Devices Inc (US), MACOM
Technology Solutions Holdings Inc (US), Huawei Technologies Co., Ltd (China),
Telefonaktiebolaget LM Ericsson Class B (Sweden), Cavium Inc (US), KT Corp
(South Korea), ZTE Corporation (China), Hewlett Packard Enterprise Co (US),
Fujitsu Ltd (Japan), and others.
Industry News:
In
September 2020, Samsung inked a deal with Qualcomm to produce the latter’s
next-generation 5G mobile chipsets using the latest technology of the 5nm
process. The deal has a valuation of around $844 million and will be the first
time when Samsung will be producing chips for Qualcomm. The first one of this
series will be Snapdragon 875. At present, Samsung produces 8nm devices for
Qualcomm. But this deal ensures an advantageous position for Samsung from where
it can take forward its TSMC technology. Samsung is also in talks with Intel to
produce chips for the latter’s fabrication process.
In
September 2020, MediaTek declared that its 5G smartphone chip, the Dimensity
1000C, had hit the market in the United States. The Dimensity 1000C is expected
to power LG’s newest device, the LG VELVET, on T-Mobile’s nationwide 5G
network. It will deliver advanced AI capabilities, better display features,
fast connectivity, and enhanced multimedia capabilities that would improve the
user experience. The 7nm Dimensity 1000C is known for its super-fast 5G speeds
and it helps in expanding the MediaTek’s 5G family of chipsets. The flagship
series is also known to deliver full premium 5G experiences for smartphone
users.
During the
CIVID-19 crisis, a lot of industries got hit by the impact of the pandemic, but
the telecommunication industry stayed abreast and it found a way out by
incorporating latest technologies and creating scope for further integration.
It is slated to benefit more from the changing work cultures and business
dynamics, which would inspire the expansion of the 5G chipset industry.
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Table of Contents
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
Continued…
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