5G Chipset Market Size to Reach USD 33.03 Billion in 2028 | Rising Demand for Mobile Data Services and Increasing Need for High-Speed Internet are Some Key Factors Driving Industry Growth, says Emergen Research

Vancouver, British Columbia, Feb. 25, 2021 (GLOBE NEWSWIRE) — The global 5G chipset market reached a market size of USD 1.49 Billion in 2020 and is expected to register a steady CAGR of 47.3% over the forecast period, according to latest analysis by Emergen Research. Global 5G chipset market revenue is expected to increase significantly over the forecast period due to rising demand for mobile data services. In addition, increasing need for high-speed Internet connectivity is expected to further boost global 5G chipset market growth in the near future. Rising adoption of smartphones and smartphone-related developments is expected to augment global 5G chipset market growth going ahead.However, data security and privacy concerns of 5G are factors expected to restrain global 5G chipset market growth to a certain extent over the forecast period.Claim Your FREE Sample Copy with Table of [email protected] https://www.emergenresearch.com/request-sample/520Key Highlights of ReportThe sub-6GHz + mm-Wave segment is expected to register significant revenue growth over the forecast period due to increasing implementation of new chipset modules serving both sub-6GHz and mm-Wave bands in a unified interface.The RFIC segment is expected to lead in terms of revenue share during the forecast period due to increasing application of RF transceiver ICs in smartphones.The smartphones & tablets segment is expected to account for the largest revenue share during the forecast period due to increasing demand for 5G-enabled smartphones to play online games, view high-resolution videos, and voice conferencing apps.The IT & telecommunications segment is expected to lead in terms of revenue due to growing demand for high-speed network access for video conferencing as well as other corporate applications during the forecast period.The rapid growth rate of the market in Asia Pacific can be attributed to factors such as increasing technological advancements, research & development activities, investments, and alliances across businesses related to 5G in countries in the region.Key players in the market include 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.In June 2020, Qualcomm Incorporated introduced the first 5G and AI-enabled robotics platform worldwide. The platform promotes vast potential growth of advanced, power-efficient, high-computing robotics, and drones for businesses.Check Our [email protected] https://www.emergenresearch.com/select-license/520
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-Wavesub-6GHzsub-6GHz + mm-WaveType Outlook (Revenue, USD Billion; 2021–2028)RFICModemProcessing Node Outlook (Revenue, USD Billion; 2021–2028)10 nm7 nmOthersApplication Outlook (Revenue, USD Billion; 2021–2028)Smartphones & TabletsBroadband Access Gateway DevicesConnected DevicesConnected VehiclesTelecom Base Station EquipmentOthersEnd-use Outlook (Revenue, USD Billion; 2021–2028)IT & TelecommunicationConsumer ElectronicsHealthcareIndustrial AutomationRetailMedia & EntertainmentEnergy & UtilitiesAutomotive & TransportationOthersClick to access the Report Study, Read key highlights of the Report and Look at Projected Trends:   https://www.emergenresearch.com/industry-report/5g-chipset-marketRegional Outlook (Revenue, USD Billion; 2021–2028)North AmericaU.S.CanadaEuropeGermanyU.K.FranceBENELUXRest of EuropeAsia PacificChinaJapanSouth KoreaRest of APACLatin AmericaBrazilRest of LATAMMiddle East & AfricaSaudi ArabiaUAERest of MEATake a Look at our Related Reports:AI-Enabled Medical Imaging Solutions Market By Product (Software, Hardware), By Workflow (Image Acquisition, Image Analysis, Reporting, and Communication), By Therapeutic Application (General Imaging, Specialty Imaging), By Deployment Mode, By Modality, and By Region, Forecasts to 2027Smart Factory Market By Component (Industrial Robotics, Sensors, Control Devices, Industrial Network, Machine Vision), By Solution (PLC, PLM, MES, ERP, SCADA), By Industries (Process Industries and Discrete Industries), Forecasts to 2027Smart Manufacturing Market By Information Technology (Manufacturing Execution System, Industrial Communication), By Enabling Technology (Industrial Robotics, IIoT), By Industry (Aerospace & Defense, Automotive), Forecasts to 2027About Emergen ResearchEmergen 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 trends 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.Contact Us:Eric LeeCorporate Sales SpecialistEmergen Research | Web: www.emergenresearch.comDirect Line: +1 (604) 757-9756E-mail: [email protected]Facebook | LinkdIn | Twitter | BlogsRead Full Press [email protected] https://www.emergenresearch.com/press-release/global-5g-chipset-market

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