The growth of the 5G chipset market can be attributed to the growing demand for high-speed internet and broad network coverage with reduced latency and power consumption and increasing M2M/IoT connections.
Pune, India -- (SBWIRE) -- 07/30/2018 -- 5G chipset Market demand industry analysis and forecasts report added on ReportsnReports.com. The 5G Chipset market is expected to be worth USD 2.03 billion in 2020 and is likely to reach USD 22.41 billion by 2026, at a CAGR of 49.2% from 2020 to 2026.
5G Chipset Market Key players in the Intel (US), Xilinx (US), Samsung Electronics (South Korea), Qualcomm Technologies (US), IBM (US), Nokia (Finland), Qorvo (US), Infineon Technologies (US), Integrated Device Technology (US), Anokiwave (US), Analog Devices (US), Broadcom (Singapore/US), Huawei Technologies (China), Macom Technology Solutions (US), and Cavium (US). Some of the ecosystem companies profiled in the report are Ericsson (Sweden), Fujitsu (Japan), ZTE Corporation (China), Hewlett Packard Enterprise (US), and Korea Telecom (South Korea).
Download Brochure of 5G Chipset Market spread across 146 Pages, Profiling 20 Companies and Supported with 43 Tables and 39 Figures is now available at http://www.reportsnreports.com/contacts/requestsample.aspx?name=1541224 .
This report covers the 5G chipset market in North America, Europe, APAC, and RoW.
Target Audience
- Semiconductor companies
- Emerging next-generation network end users
- Application developers
- Service providers
- Equipment manufacturers
- Component suppliers
- Technology innovators
- Technology investors
- Governments and standards bodies
- Research organizations and universities
- Consulting companies and cellular technology-related associations/organizations/forums/alliances
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By Product
- Devices
- Customer Premises Equipment
- Network Infrastructure Equipment
By End-User Industry
- Automotive & Transportation
- Energy & Utilities
- Healthcare
- Retail
- Building Automation
- Industrial Automation
- Consumer Electronics
- Public Safety & Surveillance
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The growth of the 5G chipset market can be attributed to the growing demand for high-speed internet and broad network coverage with reduced latency and power consumption and increasing M2M/IoT connections. However, high hardware cost involved in terrestrial network densification is restraining the growth of the5Gchipset market.
Sub-6 GHz operational frequency is expected to account for the largest market share from 2020 to 2026. The wide availability of this frequency band and the ability to cater to multiple 5G use cases are likely to be the prime factors driving the adoption of this spectrum.
"5G chipset market for automotive & transportation to witness highest growth between 2020 and 2026"
The 5G chipset market for the automotive & transportation end-user industry is expected to grow at the highest CAGR during the forecast period.5G can allow system and application developers to develop a wide range of applications; the major applications include vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), vehicle-to-pedestrian (V2P), and vehicle-to-network (V2N). These applications of 5G would further help in the development of other applications, such as automated driving, digital logistics, and intelligent navigation.
High demand for advanced technologies such as connected cars, machine-to-machine communication, and artificial intelligence will offer huge opportunities for the growth of the 5G chipset market in North America. The growth of on-demand video services and IoT will drive the growth of the market in APAC. Moreover, in APAC, the 5G chipset market has huge opportunities in smart cities. Various countries in Asia have either initialized the implementation of smart city projects or are in the planning phase. China is the biggest marketplace in APAC for the development of smart cities.
Breakdown of profiles of primary participants:
- By Company Type: Tier 1 =45%, Tier 2 =30%, and Tier 3 =25%
- By Designation: C-Level Executives=55%, Managers=30%, and Others =15%
- By Region: North America =45%, Europe=25%, APAC=20%, and RoW =10%
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