Analyst Forecast: +47% CAGR to Be Achieved by 5G Chipset Market by 2025 – Strategy Analysis, Technology Aspects, Future Outlook, Competitive Analysisby Focusing Top Players
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 the 5G chipset market. The growth is directed towards raise of 5G-enabled consumer electronic devices in the market.
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