Increasing government initiatives to create smart cities- 5G Chipset Market Size Worth USD 33.03 Billion
Increasing machine-to-machine connections and growing demand for mobile broadband services are some key factors driving global 5G chipset market growth
VANCOUVER, BC, CANADA, March 21, 2022 /EINPresswire.com/ -- A recent market study on the 5G Chipset market applies both primary and secondary research techniques to identify new opportunities for development for the 5G Chipset market for the forecast period, 2021 -2028. The research further screens and analyses data on the market share, growth rate and size to enable stakeholders, product owners and field marketing executives identify the low-hanging fruits and reap a significant return on their investment. Importantly, the data on the current business environment of the 5G Chipset market proves a boon for companies trying to identify next leg for growth.
5G chipset market reached a market size of USD 1.49 Billion in 2020 and is expected to register a robust CAGR of 47.3% over the forecast period, according to latest analysis by Emergen Research. Increasing machine-to-machine connections is one of the key factors expected to drive global 5G chipset market growth during the forecast period. Growing demand for mobile broadband services is expected to further boost growth of the global 5G chipset market in the near future. Increasing government initiatives to create smart cities in developed and developing countries is another key factor expected to augment global 5G chipset market growth over the forecast period.
However, high hardware costs associated with terrestrial network densification is expected to restrain growth of the global 5G chipset market to a certain extent during the forecast period.
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The research study presents an industry-wide summary of the 5G Chipset market including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The global 5G Chipset research report is an investigative study of the market that offers key statistical data with regards to market size, market share, revenue growth, and CAGR over the forecast period 2021-2028.
The research report offers in-depth insights into company profiles along with their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, government and corporate deals, among others. The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry.
Leading Players Profiled in the Report:
Intel Corporation, Samsung Electronics Co., Ltd., Qualcomm Incorporated, MediaTek Inc, NXP Semiconductors N.V, Huawei Technologies Co., Ltd., Qorvo, Inc., Infineon Technologies AG, Broadcom Inc., and Renesas Electronics Corporation.
The report analyzes the market based on different categories such as product types, end-user applications, and leading geographical regions. It offers key insights into the factors that are expected to influence the growth of the segments and sub-segments.
Emergen Research has segmented the global 5G Chipset market on the basis of frequency, type, processing node, application, end-use, and region:
Frequency Outlook (Revenue, USD Billion; 2021–2028)
mm-Wave
sub-6GHz
sub-6GHz + mm-Wave
Type Outlook (Revenue, USD Billion; 2021–2028)
RFIC
Modem
Processing Node Outlook (Revenue, USD Billion; 2021–2028)
10 nm
7 nm
Others
Application Outlook (Revenue, USD Billion; 2021–2028)
Smartphones & Tablets
Broadband Access Gateway Devices
Connected Devices
Connected Vehicles
Telecom Base Station Equipment
Others
End-use Outlook (Revenue, USD Billion; 2021–2028)
IT & Telecommunication
Consumer Electronics
Healthcare
Industrial Automation
Retail
Media & Entertainment
Energy & Utilities
Automotive & Transportation
Others
Have a look at Report Description and Table of Contents of Market Report@ https://www.emergenresearch.com/industry-report/5g-chipset-market
Major regions include North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report studies the market in these regions on the basis of demand and trends, consumer behavior and preferences, government initiatives and regulatory framework, economic growth, technological developments, supply and demand, production and consumption patterns, import/export, and presence of key players in each region.
Researcher’s visibility engagement approach when evaluating data such as key driving forces, threats, challenges, opportunities empowers product owners to meet their strategic goals through accelerated returns. The intelligent market survey that blends in both new and old study techniques brings to light more information pertaining to various product types, applications, end-use and important industry definition. The research on the 5G Chipset market further validates other prime factors including investment feasibility, production capability, product pricing, production volume, demand and supply, import and export status to help business evangelists make the multi-dimensional marketing strategy more robust. Comprehensive data on the current and future business environment is showcased through self-explanatory infographics, charts, and tables and can be integrated with any business presentation.
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Valuable Market Insights:
The report highlights the latest trends observed in the consumption pattern of each regional segment.
Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global 5G Chipset market.
The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
Questions addressed in the report:
What is the estimated market growth rate throughout the forecast period?
Which end-use industry is expected to witness the highest demand for 5G Chipset in the near future?
What is the regulatory framework governing the application of 5G Chipset in the food industry?
Which manufacturing processes are utilized for the production of 5G Chipset?
Thank you for reading our report. Customization of this report is available in chapter-wise or region-wise sections. Kindly get in touch with us to know more about the report, and our team will provide excellent assistance.
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend's existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Shabaz Sayyed
Emergen Research
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