5G Chipset Market COVID – 19 Outbreak, Business Revenue, Future Scope, Market Trends, Key Players and 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.
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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