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5G Chipset Market by Frequency, Telecommunication, Mobile Devices - Forecast to

The 5G chipset market is expected to grow from USD 12.8 billion in 2020 to USD 67.2 billion by 2027, at a CAGR of 26.7%. The major factors driving the growth of the 5G chipset market are the growing demand for high-speed internet and broad network coverage, increasing cellular IoT connections, and an increase in mobile data traffic. However, the high cost of the 5G chipset is expected to restrain the growth of the market.

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5G Chipset Market by Frequency, Telecommunication, Mobile Devices - Forecast to

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  1. MarketsandMarkets Presents 5G Chipset Market by Frequency, Telecommunication, Mobile Devices - Forecast to 2027 5G Chipset Market with COVID-19 Impact by Type (Modem, RFIC), Frequency (Sub-6 GHz, 24- 39 GHz, Above 39 GHz), End-Use (Telecommunication Infrastructure, Mobile Devices, Non-mobile Devices, Automobile), Process Node & Geography - Global Forecast to 2027 https://www.marketsandmarkets.com/Market-Reports/5g-chipset-market-150390562.html

  2. The 5G chipset market is expected to grow from USD 12.8 billion in 2020 to USD 67.2 billion by 2027, at a CAGR of 26.7%. The major factors driving the growth of the 5G chipset market are the growing demand for high-speed internet and broad network coverage, increasing cellular IoT connections, and an increase in mobile data traffic. However, the high cost of the 5G chipset is expected to restrain the growth of the market. Browse 116 market data Tables and 70 Figures spread through 229 Pages and in-depth TOC on "5G Chipset Market  - Global Forecast to 2027"

  3. Based on type, RFIC which includes RF transceiver and RF FE segment is attributed to hold a large share of the market in coming years. The mobiles devices and telecommunication infrastructure segments are expected to be the major contributors to the growth of the RFIC market. The increasing number of RF transceiver ICs in smartphones is the key factor expected to drive the growth of the 5G chipset market for RFIC. The deployment of mmWave ICs in 5G infrastructure equipment and the high bandwidth offered by mmWave technology are expected to support the market growth. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=150390562 Based on the process node,10 to 28 nm is projected to witness the highest growth in the coming years in the 5G chipset market. Advancements in the fabrication process are supporting the improvements in ICs, which has made electronic devices smaller and more power optimized. The 5G chipset market by process node has been segmented into less than 10 nm, 10–28 nm, and above 28 nm. Some of the major process nodes on which 5G chipset components such as modems and RFICs are manufactured include 5 nm, 7 nm, 10 nm, 14 nm, 28 nm, 45 nm, 60 nm, and so on. 5G chipsets with process node between 10 and 28 nm mostly include baseband processors for 5G infrastructure and RFIC components.

  4. Based on frequency, the market for Sub-6 GHz is attributed to hold the largest market size in coming years.5G devices operating in the Sub-6 GHz spectrum band are likely to play an important role in delivering widespread coverage and supporting multiple use cases. Companies such as Huawei and ZTE do 90% of their work in sub-6 GHz. Sub-1 GHz frequency support 5G services in urban, suburban, and rural areas and may find its role in IoT services. This spectrum is likely to help 5G services reach hard-to-reach and populated public areas. Spectrum from 1 to 6 GHz is used for coverage and capacity applications of 5G. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=150390562 Based on end use, the automotive segmentis likely to grow at the highest CAGR during the forecast period.5G is expected to play a crucial role in the transformation of the automotive industry through the development of new applications that are difficult to develop with the current generation of cellular technologies. 5G can allow system and application developers to develop a wide range of applications; the major applications include vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), vehicle-to-pedestrian (V2P), and vehicle-to-network (V2N). These applications of 5G would further help in the development of other applications, such as automated driving, digital logistics, and intelligent navigation.

  5. The 5G chipset market in APAC is foreseen to grow at a significant rate. The growth of the 5G chipset market in APAC is mainly driven by increasing developments (such as R&D activities, investments, and partnerships among companies) related to 5G in countries such as Japan, China, and South Korea. 5G has been launched in 9 countries, and 12 others have planned to roll out in the near future in Asia Pacific. China is one of the major countries involved in the development of 5G network infrastructure. The Chinese government has been quick off the mark in coordinating and stimulating 5G research in China. The COVID-19 outbreak will certainly delay 5G rollout, thereby affecting every stakeholder in the supply chain. The immediate impact on component manufacturers is low to moderate as semiconductor chips, and other components are mass-produced. Semiconductor manufacturers have enough inventories most of the time to compensate for any unforeseeable circumstances. Also, the impact on semiconductor component production is not severe as semiconductor ICs are manufactured in foundries that are highly automated and involve low labor-intensive tasks.

  6. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

  7. Contact Us Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 For More Info: https://www.marketsandmarkets.com/PressReleases/5g-chipset.asp

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