세계의 5G 칩셋 시장 : 제품 유형별, 주파수별, 유형별, 최종 사용자별, 지역별(2024-2031년)

5G Chipset Market Valuation - 2024-2031

The demand for 5G chipsets is rapidly increasing due to a variety of factors. The growth of 5G networks around the world is increasing the demand for compatible chipsets in a number of products. As more regions adopt 5G technology, there is an increase in demand for smartphones, tablets, laptops, and other devices that can benefit from 5G's faster speeds and lower latency. The market size surpass USD 31.22 Billion valued in 2023 to reach a valuation of aroundUSD 177.87 Billion by 2031.

Furthermore, new applications like augmented reality (AR), virtual reality (VR), and the Internet of Things (IoT) necessitate high-performance 5G chipsets to provide seamless experiences. These variables combine to drive up global demand for 5G chipsets. The rising demand for cost-effective and efficient 5G chipset is enabling the market grow at aCAGR of 26.80% from 2024 to 2031.

5G Chipset Market: Definition/ Overview

A 5G chipset is a collection of integrated circuits designed to allow devices to connect and communicate via 5G networks, the most recent generation of mobile communication technology. It delivers the processing power and connectivity required for quicker data transfers, lower latency, and improved network efficiency. These chipsets are largely employed in smartphones, IoT devices, laptops, and industrial equipment, allowing them to benefit from the high-speed capabilities of 5G networks. They are crucial in enabling advanced applications such as real-time video streaming, augmented reality, self-driving cars, and smart cities.

The market for 5G chipsets is expanding, with increased demand for faster internet, rising data consumption, and growing penetration of IoT devices. As industries like healthcare, automotive, and manufacturing rely more on automation and real-time data, 5G chipsets will become critical to ensuring smooth, reliable operations. As technologies such as AI, edge computing, and virtual reality evolve, 5G chipsets will become increasingly important in supporting next-generation digital experiences and the global evolution of smart infrastructure.

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Will the Increasing Smartphone Adoption and 5G Network Rollout Drive the 5G Chipset Market?

The 5G Chipset Market is being driven by increased smartphone penetration and the development of 5G networks. The increased need for faster connectivity and better mobile experiences is driving consumers to switch to 5G-enabled handsets, which require powerful 5G chipsets. According to the Ericsson Mobility Report (November 2023), 5G subscriptions are predicted to reach 1.5 billion by the end of 2023 and increase to 5.3 billion by 2029, accounting for 68% of all mobile subscriptions. This spike in 5G adoption raises the demand for chipsets capable of supporting these networks, boosting innovation and production in the 5G Chipset Market to fulfill the needs of both consumers and sectors that rely on high-speed, low-latency connections.

The expansion of Internet of Things (IoT) devices is a significant driver of the 5G Chipset Market. The growing expansion of IoT devices that require fast, low-latency communication is driving up demand for 5G chipsets. According to an International Data Corporation (IDC) report from 2023, by 2025, there will be 41.6 billion linked IoT devices, generating 79.4 zettabytes of data. This tremendous development is likely to drive up demand for 5G chipsets, which are essential for providing the improved connection required to enable these devices across multiple industries.

Will the Competition from Alternative Technologies Hamper the Growth of the 5G Chipset Market?

Competition from alternative technologies may stymie the growth of the 5G Chipset Market. Technologies like Wi-Fi 6, Low-Power Wide-Area Networks (LPWAN), and satellite internet provide high-speed connectivity and are increasingly being used for specific applications, minimizing reliance on 5G networks. These alternatives have the potential to impact the 5G Chipset Market by providing cost-effective and specialized solutions for businesses that do not require all of 5G's capabilities, hence delaying demand for 5G chipsets in certain segments. Despite competition, 5G remains the leading technology for high-speed, low-latency applications, resulting in ongoing growth.

High costs may impede the expansion of the 5G Chipset Market. The research, production, and deployment of 5G chipsets need advanced technology and significant expenditure, making them pricey. This can increase the cost of 5G-enabled devices, thereby limiting adoption, particularly in price-sensitive areas. Despite these prices, demand for 5G chipsets continues to be driven by the growing need for faster connectivity, as well as the expanding use of technologies such as IoT and autonomous systems, which require 5G's high-speed, low-latency capability.

Category-Wise Acumens

Will the Increasing Infrastructure in the Network Infrastructure Equipment Segment Boost the 5G Chipset Market?

The Network Infrastructure Equipment segment is currently dominating the 5G Chipset Market. Increased investment in network infrastructure equipment will propel the 5G Chipset Market. As telecom operators and governments construct 5G networks internationally, there is an increasing demand for advanced infrastructure such as base stations, small cells, and fiber-optic networks, all of which require 5G chipsets to function properly. This infrastructure growth is critical for meeting the high-speed, low-latency expectations of 5G technology, which drives demand for 5G chipsets. The increasing deployment of 5G networks in both urban and rural areas accelerates this trend, offering new potential prospects for the 5G Chipset Market.

The core of 5G networks, which includes base stations, antennas, and other components, is critical to propelling the 5G Chipset Market. These components comprise the backbone of 5G infrastructure, allowing for high-speed, low-latency connectivity across large networks. As telecom companies extend and upgrade their infrastructure to enable 5G, there is an increasing need for powerful 5G chipsets to power these systems. This network infrastructure equipment is critical for maintaining efficient data transmission and supporting an expanding number of 5G devices, which drives the demand for 5G chipsets as 5G networks expand internationally.

Will the Mass Market Adoption Fuel the Consumer Electronics Segment 5G Chipset Market?

The consumer electronics segment is currently experiencing the fastest growth in the 5G Chipset Market. The consumer electronics segment of the 5G Chipset Market will experience significant growth due to widespread market adoption. As more people use 5G-enabled products such smartphones, tablets, and wearables, the demand for 5G chipsets will rise to suit their connectivity requirements. The broad availability of 5G networks increases the attraction of these devices, allowing for higher download rates and improved performance, which in turn raises user interest. As costs for 5G-enabled devices fall and more cheap alternatives become available, mass adoption will accelerate, driving up demand for 5G chipsets in the consumer electronics market.

The rapid pace of technological improvements in consumer electronics will assure a consistent need for 5G chipsets in this area. As manufacturers continue to develop to add new features and increase performance, the incorporation of 5G capabilities becomes increasingly important for enabling quicker connectivity and better user experiences. This need for cutting-edge technology drives people to upgrade their gadgets, creating demand for 5G chipsets. The growing popularity of smart devices and IoT applications increases the need for high-speed connectivity, strengthening the market's continued need for 5G chipsets.

Country/Region-wise Acumens

Will the Rapid Infrastructure Development Accelerate the Asian Pacific Region for the 5G chipsets Drive the Consumer Electronics Segment 5G Chipset Market?

The Asia-Pacific region is currently dominating the 5G Chipset Market. Rapid infrastructure expansion in Asia-Pacific will fuel demand for 5G chipsets in the consumer electronics market. As governments invest extensively in extending 5G network capabilities, the expected growth in 5G connections-estimated to be 1.14 billion by 2025-creates a significant need for advanced chipsets. With telecom operators anticipated to invest over USD 331 Billion in 5G infrastructure by 2025, and China deploying over 2.3 million 5G base stations by the end of 2023, this robust infrastructure is critical for supporting a diverse variety of consumer electronics. The end result is a robust ecosystem that improves the performance and appeal of 5G-enabled devices, boosting consumer adoption and raising demand for 5G chipsets.

The robust manufacturing base in Asia-Pacific will increase demand for 5G chipsets in the consumer electronics market. The region's supremacy in semiconductor fabrication, which accounts for 62% of globally semiconductor sales in 2023 and is expected to increase to 68% by 2030, greatly improves 5G chip production capacity. The semiconductor market is predicted to increase at an 8.9% CAGR from 2023 to 2028, reaching USD 418 Billion, fueled by rising demand for 5G technologies. For instance, TSMC's announcement that 5G-related goods accounted for 25% of its overall wafer revenue in Q4 2023 emphasizes the vital role that this manufacturing ecosystem plays in supporting consumer electronics, positioning the Asia-Pacific region as a significant driver in the worldwide 5G chip sector.

Will the Increasing Digitalization Expand the Middle East & Africa Region 5G Chipset Market?

the Middle East & Africa is emerging as the fastest-growing region for the 5G chipsets market. The Middle East and Africa's 5G Chipset Market will be driven by increased digitization. The aggressive government measures targeted at digital transformation are dramatically increasing demand for 5G technology, with forecasts predicting that 5G connections will reach 50 million by 2025 and rise to 222 million in 2030. In the GCC countries, 5G is estimated to account for 41% of total connections by 2025, while Sub-Saharan Africa is likely to experience a rise from 7 million to 150 million 5G subscriptions by 2028. This rapid digitalization is encouraging telecom providers to invest almost $85 billion in network upgrades by 2030, with a primary focus on 5G deployment.

Government incentives will propel the 5G Chipset Market in the Middle East and Africa. These activities are critical for expediting 5G deployment, with Saudi Arabia aiming to build over 60,000 5G base stations by 2025 and the UAE achieving 97% 5G coverage in populous areas by the end of 2023. In Africa, the Nigerian Communications Commission expects to achieve 50% 5G coverage in metropolitan areas by 2025, with plans to award further 5G licenses. According to the GSMA Intelligence research, mobile operators will invest around $85 billion in network infrastructure between 2022 and 2025, mostly to support 5G technologies.

Competitive Landscape

The 5G Chipset Market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support.

The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the 5G Chipset Market include:

• Intel, Huawei Technologies, Qualcomm Technologies, Anokiwave, Infineon Technologies, Integrated Device Technology, Xilinx, Nokia, Samsung Electronics, IBM.

Latest Developments

• In April 2024, Qualcomm and MediaTek will launch sophisticated 5 G chipsets for mobile phones. The phones will be available in August 2024 for between $10,000 and $11,000.
• In March 2024, At the Mobile World Congress MediaTek revealed that it would be collaborating with every Android phone brand on over 15 different designs.
• In July 2023, Ericsson announced a strategic collaboration with Intel to develop a system-on-chip (SoC) developed exclusively for the vendor's 5G offering, a move the duo claims will result in highly distinctive products for future infrastructure.

TABLE OF CONTENTS

1 INTRODUCTION OF GLOBAL 5G CHIPSET MARKET

• 1.1 Overview of the Market
• 1.2 Scope of Report
• 1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

• 3.1 Data Mining
• 3.2 Validation
• 3.3 Primary Interviews
• 3.4 List of Data Sources

4 GLOBAL 5G CHIPSET MARKET OUTLOOK

• 4.1 Overview
• 4.2 Market Dynamics
  • 4.2.1 Drivers
  • 4.2.2 Restraints
  • 4.2.3 Opportunities
• 4.3 Porters Five Force Model
• 4.4 Value Chain Analysis

5 GLOBAL 5G CHIPSET MARKET, BY PRODUCT

• 5.1 Overview
• 5.2 Network Infrastructure Equipment
• 5.3 Customer Premises Equipment (CPE)
• 5.4 Devices

6 GLOBAL 5G CHIPSET MARKET, BY FREQUENCY

• 6.1 Overview
• 6.2 Sub-6 GHZ
• 6.3 26-39 GHZ
• 6.4 Above 39 GHz

7 GLOBAL 5G CHIPSET MARKET, BY TYPE

• 7.1 Overview
• 7.2 Radio Frequency Integrated Circuit (RFIC)
• 7.3 Application-Specific Integrated Circuit (ASIC)
• 7.4 Cellular Integrated Circuit (Cellular IC)
• 7.5 Millimeter Wave Integrated Circuit (mm-Wave IC)

8 GLOBAL 5G CHIPSET MARKET, BY END-USER

• 8.1 Overview
• 8.2 Energy and Utilities
• 8.3 Manufacturing
• 8.4 IT and Telecommunication
• 8.5 Media and Entertainment
• 8.6 Transportation and Logistics
• 8.7 Consumer Electronics
• 8.8 Healthcare

9 GLOBAL 5G CHIPSET MARKET, BY GEOGRAPHY

• 9.1 Overview
• 9.2 North America
  • 9.2.1 U.S.
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 U.K.
  • 9.3.3 France
  • 9.3.4 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 China
  • 9.4.2 Japan
  • 9.4.3 India
  • 9.4.4 Rest of Asia Pacific
• 9.5 Rest of the World
  • 9.5.1 Latin America
  • 9.5.2 Middle East and Africa

10 GLOBAL 5G CHIPSET MARKET COMPETITIVE LANDSCAPE

• 10.1 Overview
• 10.2 Company Market Ranking
• 10.3 Key Development Strategies

11 COMPANY PROFILES

• 11.1 Intel
  • 11.1.1 Overview
  • 11.1.2 Financial Performance
  • 11.1.3 Product Outlook
  • 11.1.4 Key Developments
• 11.2 Huawei Technologies
  • 11.2.1 Overview
  • 11.2.2 Financial Performance
  • 11.2.3 Product Outlook
  • 11.2.4 Key Developments
• 11.3 Qualcomm Technologies
  • 11.3.1 Overview
  • 11.3.2 Financial Performance
  • 11.3.3 Product Outlook
  • 11.3.4 Key Developments
• 11.4 Anokiwave
  • 11.4.1 Overview
  • 11.4.2 Financial Performance
  • 11.4.3 Product Outlook
  • 11.4.4 Key Developments
• 11.5 Infineon Technologies
  • 11.5.1 Overview
  • 11.5.2 Financial Performance
  • 11.5.3 Product Outlook
  • 11.5.4 Key Developments
• 11.6 Integrated Device Technology
  • 11.6.1 Overview
  • 11.6.2 Financial Performance
  • 11.6.3 Product Outlook
  • 11.6.4 Key Developments
• 11.7 Xilinx
  • 11.7.1 Overview
  • 11.7.2 Financial Performance
  • 11.7.3 Product Outlook
  • 11.7.4 Key Developments
• 11.8 Nokia
  • 11.8.1 Overview
  • 11.8.2 Financial Performance
  • 11.8.3 Product Outlook
  • 11.8.4 Key Developments
• 11.9 Samsung Electronics
  • 11.9.1 Overview
  • 11.9.2 Financial Performance
  • 11.9.3 Product Outlook
  • 11.9.4 Key Developments
• 11.10 IBM
  • 11.10.1 Overview
  • 11.10.2 Financial Performance
  • 11.10.3 Product Outlook
  • 11.10.4 Key Developments

12 KEY DEVELOPMENTS

• 12.1 Product Launches/Developments
• 12.2 Mergers and Acquisitions
• 12.3 Business Expansions
• 12.4 Partnerships and Collaborations

13 Appendix

• 13.1 Related Research