Westford, USA, April 11, 2022 (GLOBE NEWSWIRE) — The growing demand for high-speed Internet and extensive network coverage for a variety of applications, such as distance learning, autonomous driving, multi-user gaming, video conferencing , live streaming, telemedicine and augmented technology. Reality is likely to drive the 5G chipset market.
The growing need for mobile broadband technology, high-speed data transport, and data and information processing is driving 5G cellular technology. Additionally, it is expected to improve mobile network performance capabilities and bridge the gap between low or minimal network coverage and data connectivity that exists in current network generations (3G/4G).
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COVID-19 has a low to moderate impact on component manufacturers as semiconductor chips and other components are mass-produced. Most of the time, semiconductor manufacturers have adequate inventory to cover any unforeseen event. In addition, the influence on the manufacture of semiconductor components is minimal, since semiconductor integrated circuits are manufactured in highly automated foundries with low-labor jobs.
Read the market research report, “Global 5G Chipset Market is segmented by frequency type (sub-6GHz mm wave, sub-6GHz+ mm wave), by node (7nm, 10nm), by deployment (equipment of telecom base station, smartphones/tablets, single-mode connected vehicles, connected devices, broadband access gateway devices), by vertical perspective (manufacturing, energy and utilities, media and entertainment, IT and telecom, transportation and logistics, healthcare) and by region: forecast and analysis 2020-2027” by SkyQuest
Users can now enjoy higher data speeds with reduced latency thanks to the continuous improvement of cellular networks. Consumer desire for video, as well as efforts by businesses and consumers to adopt cloud services, have contributed to the rapid increase in data volumes.
The increasing use of services and applications in both consumer electronic devices and business-to-business (B2B) communication systems that now use/test data-intensive applications such as AR and VR, as well as 3D video content and ultra-HD, is driving demand for mobile data services.
APAC’s 5G chipset market is expected to expand at a rapid pace. The market in APAC is growing mainly due to increased developments (such as R&D activities, investments, and business alliances) linked to 5G in countries such as Japan, China, and South Korea. In Asia Pacific, 9 nations have launched 5G, with 12 more planning to do so in the near future. China is a key contributor to the development of 5G network infrastructure. The Chinese government has moved quickly to coordinate and stimulate 5G research in China.
The report published by SkyQuest Technology Consulting provides detailed qualitative information, historical data and verifiable projections on the size of the market. The projections presented in the report were derived using assumptions and proven research methodologies.
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SkyQuest has segmented the global 5G chipset market based on frequency type, node type, deployment, vertical perspective, and region:
5G chipset market by frequency type
- sub-6GHz mm wave
- sub-6GHz+ mm wave
5G chipset market by node type
Global 5g chipset market by implementation
- Telecommunications base station equipment
- Singlemode Connected Vehicles
- connected devices
- Broadband access gateway devices
5G chipset market by vertical perspective
- Energy and utilities
- Health care
- media and entertainment
5G chipset market by region
- North America
- United Kingdom
- The rest of Europe
- Pacific Asia
- Rest of Asia Pacific
- Central and South America
- Middle East and Africa
- GCC countries
- South Africa
- Rest of MEA
List of Key Players of 5G Chipset Market
- Qualcomm Inc. (USA)
- Intel Corporation (USA)
- Samsung Electronics Co. Ltd. (South Korea)
- Qorvo Inc. (USA)
- Huawei Investment & Holding Co. Ltd. (China)
- Xilinx Inc. (USA)
- Analog Devices Inc. (USA)
- NXP Semiconductors N.V. (The Netherlands)
- Marvell Technology Group (Bermuda)
- Broadcom Inc. (USA)
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