5G Chipset Market 2021- 2030: Insight & Analysis
The 5G Chipset Market report provides a detailed forecast and analysis for the global market during the period 2021-2030.
This report analyzes the current market dynamics to provide in-depth insights into the current scenario, as well as the market scenario in the future.
The 5G Chipset Market is segmented based on Type:
The 5G Chipset Market is segmented based on End-Use:
- Mobile Devices
- Non-mobile Devices
Regions covered in the 5G Chipset Market include:
- The Middle East and Africa
- North America
- South America
The speed and dependability of 5G is expected to have a major influence on machine-to-machine (M2M) and Internet of Things (IoT). The main reasons for the rising use of new M2M technologies are improved connection for seamless communication and low power consumption. To accomplish successful M2M communication, mobile networks’ present capacity must be able to manage billions of nodes that are predicted to climb in the next years. The network capacity is currently insufficient to manage M2M and human-based interactions, as well as their various communication patterns such as lag time. As a result, a next-generation cellular network for mobile communication requires hyper-connectivity and increased capacity (e.g., 5G network). M2M communication technology will be widely employed in heavy manufacturing sectors and process industries (e.g., food industries) to improve process efficiency and eliminate human involvement with equipment. As a result, M2M communication is likely to fuel the 5G chipset market.
Rising demand for high-speed internet and extensive network coverage for a variety of applications including distance learning, autonomous driving, multiuser gaming, videoconferencing, live streaming, telemedicine, and augmented reality is a key market trend influencing the growth of the 5G chipset market.
Smartphone chipsets that enable 5G is expected to be more costly than those that enable 4G today. From 2019, first-generation 5G chipsets were only available in high-end smartphones. Volume deployment of 5G devices based on second-generation chipsets is expected in 2020, and performance-optimized 5G devices will be available in 2021. Qualcomm only supports 5G on its flagship Snapdragon 8-series SoCs, which are used in a few premium handsets. The business intends to increase its 5G line-up by including 5G in its 7-series and 6-series lines. For mid-range smartphones, Snapdragon 765 and Snapdragon 690 are currently available. However, no plans for 4-series chipsets, which are used in lower-cost phones, have been announced by the business. The inclusion of 5G in lower-cost phones would broaden the network technology’s appeal. Qualcomm and MediaTek are likely to reduce the cost of 5G chipsets for mid-tier handsets.
Key players in the market competitive landscape include Qualcomm (US), Huawei (China), Samsung Electronics (South Korea), MediaTek (Taiwan), UNISOC (China)
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The report provides insights into the following areas:
- Market Size: Accurate market size and CAGR forecasts for the period 2021-2030
- Market Attractiveness: Analyze data and identify emerging markets.
- Market penetration Rate: The report analyses the penetration rate the market based on Type, End-Use and region.
- Product Development/Innovation: Comprehensive insights on upcoming products, research and development activities, and product launches in the Companion 5G Chipset Market
- Competitive Landscape: Comparison and analysis of strategies adopted by prominent players operating in 5G Chipset Market and provided an understanding of the global competitive scenario.
Report Customization Options:
We offer customization according to your requirements, below are a few of the customization option examples:
- Country/Regional Analysis: Additional data can be provided at the country level.
- Competitive Analysis: Profiling of additional vendors.
- Segmental Analysis: Addition market segments can be provided.
TOC for 5G Chipset Market 2021-2030
Pre and Post COVID Analysis
Regional Analysis and Forecast (2021-2030)
The Middle East and Africa
Type Analysis and Forecast (2021-2030)
End-Use Analysis and Forecast (2021-2030)