5g Chipset Market

5G Chipset Market Forecasts to 2028 - Global Analysis By Product (Customer Premises Equipment, Network Infrastructure Equipment and Other Products), Type (MODEMs, RFICs and Other Types), IC Type, Node Type, Operational Frequency, Application, End User and By Geography

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4.2 (19 reviews)
Published: 2023 ID: SMRC23158

This report covers the impact of COVID-19 on this global market

Years Covered


Estimated Year Value (2022)

US $18.49 BN

Projected Year Value (2028)

US $60.10 BN

CAGR (2022 - 2028)


Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

Asia Pacific

Highest Growing Market

North America

According to Stratistics MRC, the Global 5G Chipset Market is accounted for $18.49 billion in 2022 and is expected to reach $60.10 billion by 2028 growing at a CAGR of 21.7% during the forecast period. A 5G chipset is a specialized component of customer premises equipment and network infrastructure equipment that allows the end user to create a wireless network based on 5G network specifications. The proliferation of internet-connected devices creates the need for a whole new wireless infrastructure known as 5G. Fifth-generation wireless (5G) is the mobile network generation that follows the current 4G LTE mobile network. These networks expand broadband wireless operational frequency beyond mobile internet to the Internet of Things (IoT) and critical communications segments, providing for a worldwide perception of complete connectivity.

According to the data from IBEF, the Government of India set an ambitious target of increasing manufacturing output contribution to 25% of Gross Domestic Product (GDP) by 2025, from 16% currently.

Market Dynamics:


Increased demand for high-speed internet

Rising demand for high-speed internet and comprehensive network coverage for a variety of applications is expected to help the market throughout the forecast period. Growing distance learning, autonomous driving, multiuser gaming, and videoconferencing are expected to boost the 5G chipset industry. Other considerations include more live broadcasting, increased demand for telemedicine, and the growing popularity of augmented reality. For example, in June 2021, Reliance Jio (Mumbai) cooperated with NXP Semiconductor (Netherlands) to create a 5G NR O-RAN small cell solution utilizing NXP's Layerscape multicore processors. The combined solution powered new, high-performance RAN networks. It enabled a wide range of 5G use cases for internet access as well as Industry 4.0 and IoT applications such as telemedicine, tele-education, augmented and virtual reality, drone-based agricultural monitoring, and more. As a result, 5G cellular services are projected to gain traction in order to address the growing demand for high-speed internet and high-quality phone services.


High cost of 5G Devices

The cost of 5G-capable smartphone chipsets will almost certainly be higher than the cost of current 4G chipsets. Only high-end smartphones were equipped with first-generation 5G chipsets. Second- and third-generation chipsets were used for mass deployment in 2020–2021. Only a few high-end smartphones have Qualcomm's flagship Snapdragon 8-series processor, which supports only 5G. The company has expanded its 5G range by making its 7-series and 6-series lineups available on 5G. Snapdragon 765 and Snapdragon 690 are already available for mid-range smartphones. The 4-series chipset, which is used in lower-cost phones, was released to a wider audience. Prices for MediaTek and Qualcomm are expected to fall more in the future, which is projected to impede the fog computing market's growth.


Rising demand from autonomous cars, smart cities, and healthcare sector

The 5G network provides several benefits, such as high-speed data transfer rates, low latency, and reliable connectivity, all of which are easily handled with previous-generation technology. These properties are useful in a variety of businesses. For example, in autonomous or connected vehicles, 5G network latency is crucial for implementing safety systems and real-time V2V and V2I communications. Dense arrays of wireless sensors in smart cities provide a variety of services and applications, ranging from environmental services and pollution monitoring to security surveillance, traffic control, and smart parking. Evidently, 5G infrastructure plays an important role in satisfying the diverse needs of the countless connected devices and sensors that are being deployed.


Design challenges in RF Front Modules

Demand for wireless communication systems with robust transmitting and receiving performance is growing tremendously as society shifts toward emerging technologies. Increased efficiency extends the operational period of battery-powered products, lowering the energy consumption of wireless base stations and comparable applications. It is the responsibility of the RF device designer to balance and reduce operating condition sensitivity while delivering an easily implementable device that can suit the diverse requirements of the targeted applications. As a result, accommodating all evolving technologies while building robust RF semiconductor devices is difficult.

Covid-19 Impact:

The COVID-19 pandemic has moderately impacted the market. The pandemic has disrupted the global supply chain, leading to shortages of raw materials and components as well as logistics issues that have affected the production and distribution of 5G chipsets. This has caused delays in product launches and increased prices due to supply chain disruptions. However, as the demand for digital services and technologies, including remote work, online education, e-commerce, and telemedicine, among others, increased, there was an increased demand for 5G-enabled devices such as smart phones, laptops, and IoT devices, driving the demand for 5G chipsets.

The Sub-6 GHz segment is expected to be the largest during the forecast period

5G devices operating in the sub-6 GHz frequency region are expected to play a key role in providing comprehensive coverage and enabling a wide range of use cases. Companies like Huawei and ZTE do 90% of their work at sub-6 GHz. Sub-1 GHz frequencies provide 5G services in urban, suburban, and rural locations, and they may also play a role in IoT services. This spectrum will most likely aid in the delivery of 5G services to hard-to-reach and densely populated public places. 5G coverage and capacity applications employ spectrum from 1 to 6 GHz, thereby boosting market growth.

The Automobile segment is expected to have the highest CAGR during the forecast period

5G is projected to enable new applications in the automotive industry, including vehicle-to-infrastructure (V2I), vehicle-to-pedestrian (V2P), and vehicle-to-vehicle (V2V). As 5G technology advances, it is projected to offer new business models and services such as autonomous vehicles and AI-based platforms, which will increase autonomy in manufacturing applications. Furthermore, 5G Chipsets are gaining popularity in the telecommunications industry as a result of increased investments by major telecom companies in developing 5G chipset modules for telecom base stations and broadband gateway devices, as well as rising demand for high-speed data connectivity for conducting virtual meetings, which is a crucial factor fostering the expansion of the global market.

Region with largest share:

The Asia Pacific 5G chipset market dominated the global market in terms of revenue share, and it is anticipated that this dominance will continue over the course of the forecasted period. The 5G network would be critical for modern technologies like IoT and M2M connectivity, as well as applications like smart cities and industrial automation. 5G connectivity is well suited to these locations since it allows for the simultaneous connection of various devices and has minimal latency, which increases total system performance. According to the GSMA, there will be 430 million mobile connections on 5G networks in Asia Pacific by 2025. Mobile operators in the Asia Pacific region are expected to invest USD 227 billion on 5G deployments between FY 2022 and FY 2025. With 5G already available in 19 countries and more on the way, Asia Pacific is expected to be the largest market for 5G chipsets over the forecast period.

Region with highest CAGR:

North America is one of the most important regions for the market's growth. The United States has contributed the majority of the region's market growth. Demand from IoT, M2M communications, mobile broadband, and other developing applications is driving the surge. Furthermore, the United States, as the home of some of the market's most notable competitors and a pioneer in the adoption of 5G connections, is one of the major variables projected to affect the market's growth. The White House recently unveiled its National Strategy to Secure 5G in the United States, which focuses on improving and safeguarding 5G infrastructure both at home and overseas. This will drive the region's need for 5G chipsets.

Key players in the market:

Some of the key players in 5G Chipset Market include Analog Devices, Inc., Anokiwave Inc, Arm Limited, Broadcom Inc., Cadence Design Systems, Inc., Cavium Inc., Ericsson Ab, Fibocom Wireless Inc., Fujitsu Limited, Huawei Technologies Co., Ltd., Infineon Technologies Ag, Intel Corporation, Macom, Marvell Technology Group Ltd., Mediatek Inc., Murata Manufacturing Co., Ltd., Nokia Corporation, Nxp Semiconductors, Ommic, Qorvo, Inc., Qualcomm Technologies, Inc., Quectel, Renesas Electronics Corporation, Samsung Electronics Co. Ltd, Sivers Ima, Skyworks Solutions, Inc., Texas Instruments Inc., U-Blox, Unisoc (Shanghai) Technologies Co., Ltd., Xilinx Inc. And Zte Corporation.

Key Developments:

In December 2022, MediaTek Inc. announced its newest chipset for premium 5G smartphones. Smartphones, the Dimensity 8200. The new chipset delivers unparalleled power efficiency. It also integrates an octa-core CPU with four Arm Cortex-A78 cores operating up to 3.1 GHz and a powerful Mali-G610 graphics engine for better application performance

In September 2022, Qualcomm developed two new mobile chipsets namely, Snapdragon 6 Gen 1 and Snapdragon 4 Gen 1. Through this product launch, company targets to enter mid-range and entry level smart phone markets of countries such as India

In April 2022, Analog Devices launched mmw 5G front end chipset, which is designed to reduce complexities for producing faster radios. This chipset works on a frequency of 24-47 GHz radio waves

In June 2021, Samsung launched wide range of chipsets which will be incorporated in its next generation 5G solutions

In September 2020, Qualcomm Technologies, Inc., developed a new 5G mobile platforms in the 7-series, the Snapdragon 750G 5G Mobile platform, which allows smooth HDR gaming and on-device AI

Products Covered:
• Customer Premises Equipment
• Network Infrastructure Equipment
• Other Products

Types Covered:
• Other Types

IC Types Covered:
• Application-specific Integrated Circuits (ASIC)
• Radio Frequency Integrated Circuit (RFIC)
• Cellular IC
• Field-programmable Gate Array (FPGA)
• Millimeter Wave Technology Chips (mmWave IC)

Node Types Covered:
• Less than 10 NM
• 10-28 NM
• Above 28 nm

Operational Frequencies Covered:
• Sub 6GHz
• Between 26 & 39 Ghz
• Above 39 Ghz

Applications Covered:
• Automotive & Transportation
• Energy & Utilities
• Healthcare
• Retail
• Consumer Electronics
• Industrial Automation
• Other Applications

End Users Covered:
• Telecommunication Infrastructure
• Mobile Devices
• Non-Mobile Devices
• Automobile

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global 5G Chipset Market, By Product
5.1 Introduction
5.2 Customer Premises Equipment
5.3 Network Infrastructure Equipment
5.4 Other products

6 Global 5G Chipset Market, By Type
6.1 Introduction
6.2 MODEMs
6.3 RFICs
6.3.2 RF FE
6.4 Other Types

7 Global 5G Chipset Market, By IC Type
7.1 Introduction
7.2 Application-specific Integrated Circuits (ASIC)
7.3 Radio Frequency Integrated Circuit (RFIC)
7.4 Cellular IC
7.5 Field-programmable Gate Array (FPGA)
7.6 Millimeter Wave Technology Chips (mmWave IC)

8 Global 5G Chipset Market, By Node Type
8.1 Introduction
8.2 Less than 10 NM
8.3 10-28 NM
8.4 Above 28 nm

9 Global 5G Chipset Market, By Operational Frequency
9.1 Introduction
9.2 Sub 6GHz
9.3 Between 26 & 39 Ghz
9.4 Above 39 Ghz

10 Global 5G Chipset Market, By Application
10.1 Introduction
10.2 Automotive & Transportation
10.3 Energy & Utilities
10.4 Healthcare
10.5 Retail
10.6 Consumer Electronics
10.7 Industrial Automation
10.8 Other Applications

11 Global 5G Chipset Market, By End User
11.1 Introduction
11.2 Telecommunication Infrastructure
11.2.1 Macro Cells
11.2.2 Small Cell
11.2.3 Customer Premises Equipment (CPE)
11.3 Mobile Devices
11.3.1 Smartphones
11.3.2 Tablets & Laptops
11.3.3 Mobile Hubs
11.3.4 Robots/Drones
11.3.5 Wearables
11.3.6 AR/VR Devices
11.4 Non-Mobile Devices
11.4.1 IoT Gateways
11.4.2 Surveillance Cameras
11.5 Automobile

12 Global 5G Chipset Market, By Geography
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Australia
12.4.5 New Zealand
12.4.6 South Korea
12.4.7 Rest of Asia Pacific
12.5 South America
12.5.1 Argentina
12.5.2 Brazil
12.5.3 Chile
12.5.4 Rest of South America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.2 UAE
12.6.3 Qatar
12.6.4 South Africa
12.6.5 Rest of Middle East & Africa

13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launch
13.4 Expansions
13.5 Other Key Strategies

14 Company Profiling
14.1 Analog Devices, Inc.
14.2 Anokiwave Inc.
14.4 Broadcom Inc.
14.6 Cavium Inc.
14.7 Ericsson AB
14.9 Fujitsu Limited
14.10 Huawei Technologies Co., Ltd.
14.12 Intel Corporation
14.13 MACOM
14.14 Marvell Technology Group Ltd.
14.15 MediaTek Inc.
14.16 Murata Manufacturing Co., Ltd.
14.17 Nokia Corporation
14.18 NXP Semiconductors
14.19 OMMIC
14.20 Qorvo, Inc.
14.21 Qualcomm Technologies, Inc.
14.23 Renesas Electronics Corporation
14.24 Samsung Electronics Co. Ltd
14.26 Skyworks Solutions, Inc.
14.27 Texas Instruments Inc.
14.28 U-BLOX
14.30 Xilinx Inc.
14.31 ZTE Corporation

List of Tables
1 Global 5G Chipset Market Outlook, By Region (2020-2028) ($MN)
2 Global 5G Chipset Market Outlook, By By Product (2020-2028) ($MN)
3 Global 5G Chipset Market Outlook, By Customer Premises Equipment (2020-2028) ($MN)
4 Global 5G Chipset Market Outlook, By Network Infrastructure Equipment (2020-2028) ($MN)
5 Global 5G Chipset Market Outlook, By Other products (2020-2028) ($MN)
6 Global 5G Chipset Market Outlook, By Type (2020-2028) ($MN)
7 Global 5G Chipset Market Outlook, By MODEMs (2020-2028) ($MN)
8 Global 5G Chipset Market Outlook, By RFICs (2020-2028) ($MN)
9 Global 5G Chipset Market Outlook, By RF TRANSCEIVER (2020-2028) ($MN)
10 Global 5G Chipset Market Outlook, By RF FE (2020-2028) ($MN)
11 Global 5G Chipset Market Outlook, By Other Types (2020-2028) ($MN)
12 Global 5G Chipset Market Outlook, By IC Type (2020-2028) ($MN)
13 Global 5G Chipset Market Outlook, By Application-specific Integrated Circuits (ASIC) (2020-2028) ($MN)
14 Global 5G Chipset Market Outlook, By Radio Frequency Integrated Circuit (RFIC) (2020-2028) ($MN)
15 Global 5G Chipset Market Outlook, By Cellular IC (2020-2028) ($MN)
16 Global 5G Chipset Market Outlook, By Field-programmable Gate Array (FPGA) (2020-2028) ($MN)
17 Global 5G Chipset Market Outlook, By Millimeter Wave Technology Chips (mmWave IC) (2020-2028) ($MN)
18 Global 5G Chipset Market Outlook, By Node Type (2020-2028) ($MN)
19 Global 5G Chipset Market Outlook, By Less than 10 NM (2020-2028) ($MN)
20 Global 5G Chipset Market Outlook, By 10-28 NM (2020-2028) ($MN)
21 Global 5G Chipset Market Outlook, By Above 28 nm (2020-2028) ($MN)
22 Global 5G Chipset Market Outlook, By Operational Frequency (2020-2028) ($MN)
23 Global 5G Chipset Market Outlook, By Sub 6GHz (2020-2028) ($MN)
24 Global 5G Chipset Market Outlook, By Between 26 & 39 Ghz (2020-2028) ($MN)
25 Global 5G Chipset Market Outlook, By Above 39 Ghz (2020-2028) ($MN)
26 Global 5G Chipset Market Outlook, By Application (2020-2028) ($MN)
27 Global 5G Chipset Market Outlook, By Automotive & Transportation (2020-2028) ($MN)
28 Global 5G Chipset Market Outlook, By Energy & Utilities (2020-2028) ($MN)
29 Global 5G Chipset Market Outlook, By Healthcare (2020-2028) ($MN)
30 Global 5G Chipset Market Outlook, By Retail (2020-2028) ($MN)
31 Global 5G Chipset Market Outlook, By Consumer Electronics (2020-2028) ($MN)
32 Global 5G Chipset Market Outlook, By Industrial Automation (2020-2028) ($MN)
33 Global 5G Chipset Market Outlook, By Other Applications (2020-2028) ($MN)
34 Global 5G Chipset Market Outlook, By End User (2020-2028) ($MN)
35 Global 5G Chipset Market Outlook, By Telecommunication Infrastructure (2020-2028) ($MN)
36 Global 5G Chipset Market Outlook, By Macro Cells (2020-2028) ($MN)
37 Global 5G Chipset Market Outlook, By Small Cell (2020-2028) ($MN)
38 Global 5G Chipset Market Outlook, By Customer Premises Equipment (CPE) (2020-2028) ($MN)
39 Global 5G Chipset Market Outlook, By Mobile Devices (2020-2028) ($MN)
40 Global 5G Chipset Market Outlook, By Smartphones (2020-2028) ($MN)
41 Global 5G Chipset Market Outlook, By Tablets & Laptops (2020-2028) ($MN)
42 Global 5G Chipset Market Outlook, By Mobile Hubs (2020-2028) ($MN)
43 Global 5G Chipset Market Outlook, By Robots/Drones (2020-2028) ($MN)
44 Global 5G Chipset Market Outlook, By Wearables (2020-2028) ($MN)
45 Global 5G Chipset Market Outlook, By AR/VR Devices (2020-2028) ($MN)
46 Global 5G Chipset Market Outlook, By Non-Mobile Devices (2020-2028) ($MN)
47 Global 5G Chipset Market Outlook, By IoT Gateways (2020-2028) ($MN)
48 Global 5G Chipset Market Outlook, By Surveillance Cameras (2020-2028) ($MN)
49 Global 5G Chipset Market Outlook, By Automobile (2020-2028) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.

Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.

For more details about research methodology, kindly write to us at info@strategymrc.com

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