5G Chipset Market by IC Type (RFIC, ASIC, Cellular IC, mmWave IC), Operational Frequency (Sub-6 GHz, Between 26 & 39 GHz, Above 39 GHz), Product (Devices, CPE, Network Infrastructure Equipment), End-User Industry, and Geography - Global Forecast to 2026

5G chipsets are poised to become an integral part of the much-anticipated 5G-enabled products, such as smartphones, tablets, laptops, C-V2X devices, and routers, customer premises equipment, and network infrastructure equipment. The 5G chipset market is expected to be worth USD 2.03 Billion in 2020 and is expected to reach USD 22.41 Billion by 2026, at a CAGR of 49.2% from 2020 to 2026. The trial and testing phase considered for this study is 2016–2019; estimated year for the commercialization of 5G is considered to be 2020; and the market is projected till 2026.

Study Objectives

• To define, describe, and forecast the fifth-generation (5G) chipset market, in terms of value, by IC type, operational frequency, product, end-user industry, and geography
• To define, describe, and forecast the 5G chipset market, in terms of volume, by IC type
• To provide detailed information regarding major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the market growth
• To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the total market
• To forecast the market size of the various segments with respect to 4 main regions: North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
• To profile key players and comprehensively analyze their market ranking and core competencies, and detail the competitive landscape for market leaders
• To analyze competitive developments such as joint ventures, collaborations, agreements, contracts, partnerships, mergers & acquisitions, new product developments, and R&D in the 5G chipset market

To estimate the size of the 5G chipset market, top-down and bottom-up approaches have been followed in the study. The entire research methodology includes the study of presentations and press releases of the top players and expected use cases of 5G chipsets in products as well as 5G infrastructure; white papers such as IEEE 5G and Beyond Technology Roadmap by IEEE, 5G Roadmap: Challenges and Opportunities ahead by ITU, and Study on Spectrum Assignment in the European Union by the European Commision; and interviews with industry experts. Also, the end-user industry adoption rate in a particular region was used to arrive at the overall 5G chipset market size. This overall market size was used in the top-down procedure to estimate the sizes of other individual markets via percentage splits from secondary and primary research.

To know about the assumptions considered for the study, download the pdf brochure

The 5G chipset market comprises chipset manufacturers such as Intel (US), Xilinx (US), Samsung Electronics (South Korea), Qualcomm Technologies (US), IBM (US), Nokia (Finland), Qorvo (US), Infineon Technologies (US), Integrated Device Technology (US), and Anokiwave (US).

Target Audience

• Semiconductor companies
• Emerging next-generation network end users
• Application developers
• Service providers
• Equipment manufacturers
• Component suppliers
• Technology innovators
• Technology investors
• Governments and standards bodies
• Research organizations and universities
• Consulting companies and cellular technology-related associations/organizations/forums/alliances

5G Chipset Market Scope

By IC Type

• RFIC
• ASIC
• Cellular IC
• mmWave IC

By Operation Frequency

• Sub-6 GHz
• Between 26 and 39 GHz
• Above 39 GHz

By Product

• Devices
• Customer Premises Equipment
• Network Infrastructure Equipment

By End-User Industry

• Automotive & Transportation
• Energy & Utilities
• Healthcare
• Retail
• Building Automation
• Industrial Automation
• Consumer Electronics
• Public Safety & Surveillance

By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Sweden
  • Finland
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of APAC
• RoW
  • Middle East & Africa
  • South America

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

• IC-level breakdown of consumer devices (smartphones, tablets, laptops, and smart glasses), C-V2X devices, CPE, and network infrastructure equipment can be provided.
• Comprehensive coverage of funding/M&A activities, and regulations followed in each region (North America, APAC, Europe, and RoW)

Company Information

• Detailed analysis and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for This Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Major Secondary Sources
                    2.1.1.2 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Interviews With Experts
                    2.1.2.2 Primary Sources
                    2.1.2.3 Breakdown of Primaries
                    2.1.2.4 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 34)
    4.1 Attractive Opportunities for 5G Chipset Market Growth
    4.2 5G Chipset Market, By IC Type
    4.3 5G Chipset Market, By Operational Frequency
    4.4 5G Chipset Market in APAC, By IC Type and Country
    4.5 5G Chipset Market, By Country

5 Market Overview (Page No. - 38)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Demand for High-Speed Internet and Broad Network Coverage With Reduced Latency and Power Consumption
                    5.2.1.2 Increasing M2m/Iot Connections
                    5.2.1.3 Increasing Demand for Mobile Data Services
           5.2.2 Restraints
                    5.2.2.1 High Hardware Cost Involved in Terrestrial Network Densification
                    5.2.2.2 Fragmented Spectrum Allocation
           5.2.3 Opportunities
                    5.2.3.1 Integration of 5G Services With Satellite Communication
                    5.2.3.2 Strategic Partnerships With System Integrators in Emerging Economies
           5.2.4 Challenges
                    5.2.4.1 Technological Design Challenges
                               5.2.4.1.1 Power Dissipation in Massive Mimo Antenna
                               5.2.4.1.2 Inter-Cell Interference
    5.3 Case Studies
           5.3.1 Nokia, Deutsche Telekom, and Hamburg Port Authority Collaborated for 5G Research in Industrial Applications
           5.3.2 Verizon, Korea Telecom, and Samsung Demonstrated 5G at Super Bowl in Minneapolis, Us
           5.3.3 5G at Winter Olympics in Pyeongchang, South Korea
           5.3.4 Ericsson (Sweden) Tested 5G Infrastructure for Connected Car Application
           5.3.5 Implementation of 5G Infrastructure By Intel and Ericsson in Commercial Cruise in Europe

6 5G Chipset Market, By IC Type (Page No. - 46)
    6.1 Introduction
    6.2 Radio Frequency Integrated Circuit (RFIC)
    6.3 Application-Specific Integrated Circuit (ASIC)
    6.4 Cellular Integrated Circuit (Cellular IC)
    6.5 Millimeter Wave Integrated Circuit (mmWave IC)

7 5G Chipset Market, By Operational Frequency (Page No. - 55)
    7.1 Introduction
    7.2 Sub-6 gHz
    7.3 Between 26 and 39 gHz
    7.4 Above 39 gHz

8 5G Chipset Market, By Product (Page No. - 59)
    8.1 Introduction
    8.2 Devices
    8.3 Customer Premises Equipment (CPE)
    8.4 Network Infrastructure Equipment

9 5G Chipset Market, By End-User Industry (Page No. - 68)
    9.1 Introduction
    9.2 Automotive & Transportation
    9.3 Energy & Utilities
    9.4 Healthcare
    9.5 Retail
    9.6 Building Automation
    9.7 Industrial Automation
    9.8 Consumer Electronics
    9.9 Public Safety & Surveillance

10 5G Chipset Market, Geographic Analysis (Page No. - 76)
     10.1 Introduction
     10.2 North America
             10.2.1 US
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 UK
             10.3.2 Germany
             10.3.3 Sweden
             10.3.4 France
             10.3.5 Finland
             10.3.6 Rest of Europe
     10.4 APAC
             10.4.1 China
             10.4.2 Japan
             10.4.3 South Korea
             10.4.4 India
             10.4.5 Rest of APAC
     10.5 RoW
             10.5.1 Middle East & Africa
             10.5.2 South America

11 Competitive Landscape (Page No. - 95)
     11.1 Overview
     11.2 Market Player Ranking (2017–2018)
     11.3 Competitive Scenario
             11.3.1 Product Launches and Developments
             11.3.2 Partnerships and Collaborations
             11.3.3 Others

12 Company Profiles (Page No. - 102)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
     12.1 Key Players
             12.1.1 Qualcomm Technologies
             12.1.2 Intel
             12.1.3 Nokia
             12.1.4 Samsung Electronics
             12.1.5 Xilinx
             12.1.6 IBM
             12.1.7 Qorvo
             12.1.8 Infineon Technologies
             12.1.9 Integrated Device Technology
             12.1.10 Anokiwave
     12.2 Other Chipset Players
             12.2.1 Analog Devices
             12.2.2 Broadcom
             12.2.3 Huawei Technologies
             12.2.4 Macom Technology Solutions
             12.2.5 Cavium
     12.3 Other Companies in 5G Ecosystem
             12.3.1 Ericsson
             12.3.2 Fujitsu
             12.3.3 ZTE Corporation
             12.3.4 Hewlett Packard Enterprise
             12.3.5 Korea Telecom

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 136)
     13.1 Insights From Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports
     13.7 Author Details

List of Tables (43 Tables)

Table 1 5G Spectrum in Major Countries/Regions
Table 2 5G Chipset Market, By IC Type, 2020–2026 (USD Million)
Table 3 5G Chipset Market, By IC Type, 2020–2026 (Million Units)
Table 4 5G Chipset Market for RFIC, By Product, 2020–2026 (USD Million)
Table 5 5G Chipset Market for RFIC, By Product, 2020–2026 (Million Units)
Table 6 5G Chipset Market for RFIC, By Region, 2020–2026 (USD Million)
Table 7 5G Chipset Market for ASIC, By Product, 2020–2026 (USD Million)
Table 8 5G Chipset Market for ASIC, By Product, 2020–2026 (Million Units)
Table 9 5G Chipset Market for ASIC, By Region, 2020–2026 (USD Million)
Table 10 5G Chipset Market for Cellular IC, By Product, 2020–2026 (USD Million)
Table 11 5G Chipset Market for Cellular IC, By Product, 2020–2026 (Million Units)
Table 12 5G Chipset Market for Cellular IC, By Region, 2020–2026 (USD Million)
Table 13 5G Chipset Market for mmWave IC in Network Infrastructure Equipment, 2020–2026
Table 14 5G Chipset Market for mmWave IC, By Region, 2020–2026 (USD Million)
Table 15 5G Chipset Market, By Operational Frequency, 2020–2026 (USD Million)
Table 16 5G Chipset Market, By Product, 2020–2026 (USD Million)
Table 17 5G Chipset Market for Devices, By Type, 2020–2026 (USD Million)
Table 18 5G Chipset Market for Devices, By IC Type, 2020–2026 (USD Million)
Table 19 5G Chipset Market for CPE, By Type, 2020–2026 (USD Million)
Table 20 5G Chipset Market for CPE, By IC Type, 2020–2026 (USD Million)
Table 21 5G Chipset Market for CPE, By End-User Industry, 2020–2026 (USD Million)
Table 22 5G Chipset Market for Network Infrastructure Equipment, By Type, 2020–2026 (USD Million)
Table 23 5G Chipset Market for Network Infrastructure Equipment, By IC Type, 2020–2026 (USD Million)
Table 24 5G Chipset Market for Network Infrastructure Equipment, By End-User Industry, 2020–2026 (USD Million)
Table 25 5G Chipset Market, By End-User Industry, 2020–2026 (USD Million)
Table 26 5G Chipset Market for Automotive & Transportation, By Product, 2020–2026 (USD Million)
Table 27 5G Chipset Market for Energy & Utilities, By Product, 2020–2026 (USD Million)
Table 28 5G Chipset Market for Healthcare, By Product, 2020–2026 (USD Million)
Table 29 5G Chipset Market for Retail, By Product, 2020–2026 (USD Million)
Table 30 5G Chipset Market for Building Automation, By Product, 2020–2026 (USD Million)
Table 31 5G Chipset Market for Industrial Automation, By Product, 2020–2026 (USD Million)
Table 32 5G Chipset Market for Consumer Electronics, By Product, 2020–2026 (USD Million)
Table 33 5G Chipset Market for Public Safety & Surveillance, By Product, 2020–2026 (USD Million)
Table 34 5G Chipset Market, By Region, 2020–2026 (USD Million)
Table 35 5G Chipset Market in North America, By IC Type, 2020–2026 (USD Million)
Table 36 5G Chipset Market in North America, By Country, 2020–2026 (USD Million)
Table 37 5G Chipset Market in Europe, By IC Type, 2020–2026 (USD Million)
Table 38 5G Chipset Market in Europe, By Country, 2020–2026 (USD Million)
Table 39 5G Chipset Market in APAC, By IC Type, 2020–2026 (USD Million)
Table 40 5G Chipset Market in APAC, By Country, 2020–2026 (USD Million)
Table 41 5G Chipset Market in RoW, By IC Type, 2020–2026 (USD Million)
Table 42 5G Chipset Market in RoW, By Region, 2020–2026 (USD Million)
Table 43 Ranking of Key Companies in 5G Chipset Market (2017–2018)

List of Figures (39 Figures)

Figure 1 Research Design
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Data Triangulation
Figure 5 5G Chipset Market, By IC Type, 2020 vs 2026 (USD Million)
Figure 6 5G Chipset Market, By Operational Frequency, 2020 vs 2026 (USD Million)
Figure 7 5G Chipset Market, By Product, 2020–2026 (USD Million)
Figure 8 5G Chipset Market, By End-User Industry, 2020 (USD Million)
Figure 9 5G Chipset Market, By Geography, 2020
Figure 10 Demand for High-Speed Internet Services to Drive 5G Chipset Market Between 2020 and 2026
Figure 11 ASIC to Hold Largest Share of 5G Chipset Market During Forecast Period
Figure 12 Sub-6 gHz to Hold Largest Size (USD Million) of 5G Chipset Market Between 2020 and 2026
Figure 13 China Expected to Hold Largest Share of 5G Chipset Market in APAC in 2020
Figure 14 US to Hold Largest Share of 5G Chipset Market in 2020
Figure 15 Growing Demand for High-Speed Internet With Low Latency Driving Market Growth
Figure 16 ASIC Expected to Account for Largest Size of 5G Chipset Market By 2026
Figure 17 North America to Hold Largest Share of 5G Chipset Market for ASIC During Forecast Period
Figure 18 5G Chipset Market for Frequency Band Between 26 and 39 gHz to Witness Highest Growth From 2020 to 2026
Figure 19 Devices to Account for Largest Market Size (USD Million) Owing to Growth of Smartphones
Figure 20 Small Cell to Account for Largest Market Size By 2026
Figure 21 Rapidly Growing Markets Such as South Korea, Japan, and India Emerging as New Hot Spots in 5G Chipset Market
Figure 22 5G Chipset Market Snapshot: North America
Figure 23 5G Chipset Market in Canada to Grow at Highest CAGR During Forecast Period
Figure 24 5G Chipset Market Snapshot: Europe
Figure 25 UK to Account for Largest Share of 5G Chipset Market in 2020 and 2026
Figure 26 5G Chipset Market Snapshot: APAC
Figure 27 China Estimated to Hold Largest Share of 5G Chipset Market in 2020
Figure 28 5G Chipset Market Snapshot: RoW
Figure 29 Key Growth Strategies Adopted By Top Players in 5G Chipset Market Between 2015 and 2018
Figure 30 Product Launches – Key Strategy Adopted By Players Between 2015 and 2018
Figure 31 Qualcomm Technologies: Company Snapshot
Figure 32 Intel: Company Snapshot
Figure 33 Nokia: Company Snapshot
Figure 34 Samsung Electronics: Company Snapshot
Figure 35 Xilinx: Company Snapshot
Figure 36 IBM: Company Snapshot
Figure 37 Qorvo: Company Snapshot
Figure 38 Infineon Technologies: Company Snapshot
Figure 39 Integrated Device Technology: Company Snapshot

The 5G chipset market is expected to grow from USD 2.03 Billion in 2020 to USD 22.41 Billion by 2026, at a CAGR of 49.2% from 2020 to 2026. The major driver for the growth of this market is the growing demand for high-speed internet and broad network coverage with reduced latency and power consumption. Moreover, increasing M2M/IoT connections and increasing demand for mobile data services are propelling the market growth.

In the IC type segment, ASIC is expected to hold the largest share of the 5G chipset market during the forecast period. Demand for ASICs in high-end smartphones is likely to be the key factor propelling the growth of the market. Many companies are in the process of developing ASIC chipsets to emerge as early providers and showcase commercial readiness for 5G.

In the operational frequency segment, sub-6 GHz frequency is expected to hold the largest share of the 5G chipset market. The market for mmWave frequency band (between 26 and 39 GHz) is expected to witness the highest growth during the forecast period. The wide availability of this frequency band and the ability to cater to multiple 5G use cases are likely to be the prime factors driving the adoption of this spectrum. High bandwidth offered by mmWave spectrum and the improving participation of telecom service providers in this spectrum are fueling the growth of this frequency band.

In the product segment, devices are expected to hold the largest market share. Demand for 5G-enabled smartphones is likely to be the key factor propelling the growth of the 5G chipset market. In addition, the development of cellular modems for consumer devices such as smartphones, tablets, and laptops by companies such as Qualcomm (US) and Intel (US), and their partnerships with leading OEMs and carriers are expected to boost the growth of 5G devices by 2020.

Among the various end-user industries covered in this report, consumer electronics is expected to hold the largest market share. In the consumer electronics segment, 5G connectivity would have a major impact on smartphones, tablets, AR and VR devices, and wearable devices, among others. Smartphones and tablets will be the key attraction in the consumer electronics market for 5G network.

By region, North America is likely to hold the largest market share in terms of revenue in 2020. High demand for advanced technologies such as connected cars, machine-to-machine communication, and artificial intelligence will offer huge opportunities for the growth of the 5G chipset market in North America. Moreover, North America is one of the leading markets for 5G in terms of R&D in 5G technology, network design/deployment, and the presences of key market players. The market in APAC is expected to grow at the highest CAGR from 2020 to 2026. The growth of on-demand video services and IoT will drive the growth of the market in APAC.

The key restraining factors for this market are high hardware cost involved in terrestrial network densification and fragmented spectrum allocation. Qualcomm Technologies (US), Intel (US), Nokia (Finland), Samsung Electronics (US), Huawei (China), and Xilinx (US) are some of the leading players in the 5G chipset market.

These companies focus on organic as well as inorganic growth strategies for their market expansion. New product developments/launches and collaborations/partnerships remain the key strategies for companies such as Intel, Nokia, Qualcomm, Samsung, and Qorvo. In January 2018, Intel (US), Deutsche Telecom (Germany), and Huawei (China) conducted the world’s first over-the-air test showcasing 5G interoperability and development testing (IODT) based on the Release 15 NSA 5G NR specification. The test was based on Huawei’s 5G commercial base station and Intel’s third-generation 5G NR Mobile Trial Platform.

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