Market Leaders- Top 5G Chipsets
The 5G Chipsets market is projected to grow from USD 36.3 billion in 2023 to USD 81.0 billion by 2028; it is expected to grow at a CAGR of 17.4% from 2023 to 2028.
The key factors driving the growth of the 5G Chipsets market are the rising adoption of 5G supported consumer electronics and demand for fast internet in IoT gateways with digitization in several sector.
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Qualcomm Technologies, Inc. is a global leader in developing and commercializing foundational technologies for the wireless industry. The company develops technologies and products used in mobile devices and other wireless products sold across sectors like automotive and telecommunication. The player leads in the 3G, 4G, and 5G wireless technologies market and has patents across the entire wireless system, including wireless devices and network infrastructure equipment. Its engineering and R&D functions are operated by Qualcomm Technologies, Inc. (QTI), a wholly-owned subsidiary of Qualcomm Technologies, Inc., and QTI’s subsidiaries, which owns the major patent portfolio.
MediaTek Inc. is one of the largest fabless semiconductor companies that powers more than 1.5 billion devices annually. The player provides chipset technology for smart TVs, voice assistant devices (VAD), android tablets, feature phones, and optical and Blu-ray DVD players. The core business segments include Mobile, Home, and Automotive. The chips and technologies offered by the company are used in 20% of homes globally. MediaTek Inc. offers a balanced portfolio of products through three product segments: mobile computing, growth, and harvest platforms, which accounted for 35%, 30%, and 35%, respectively. The company has leading positions in various fields, such as mobile phones, voice assistants, digital TVs, and connectivity. The company commenced mass production of 5G SoC in late 2019 and is expected to ramp gradually in 2020 with penetration into the US, Europe, Mainland China, and South Korean markets. MediaTek Inc. has expanded beyond smartphone 5G through its 5G discrete modem. The partnership with Intel to develop 5G laptops is the first step to exploring the broader market in the future.
Huawei Technologies Co., Ltd. is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. The company caters to solutions across four key domains - telecom networks, information technology (IT), smart devices, and cloud services through four broad segments: Carrier, Enterprise, Consumer, and Others. The Carrier Business provides global telecom carriers with end-to-end commercial network products, services, and solutions, including wireless networks, cloud core networks, fixed networks, services, and software. The company builds ICT infrastructure through enterprise solutions using advanced technologies like artificial intelligence, cloud, big data, IoT, video, and data communications to help industries (e.g., smart cities, finance, energy, transportation, manufacturing, and education). Consumer Business provides smartphones, tablets, personal computers, wearable devices, converged home devices, and Huawei Technologies Co., Ltd. Zhixuan cars. Huawei Technologies Co., Ltd.’s HiSilicon division, a fabless semiconductor and IC design company, develops 5G chips under the brand. It offers 3GPP standard 5G connectivity and provides downlink speeds of up to 2.3 Gbps. It supports 5G connectivity across all frequency bands, including sub-6 GHz and mmWave, to offer a complete 5G solution suitable for multiple use cases.
Related Reports:
5G Chipsets Market by Type (Modems, RFICs), Frequency (Sub - 6 GHz, 24 - 29 GHz, Above 39 GHz), Process Node (Less than 10 nm, 10 to 28 nm, Above 28 nm), End-use (Telecommunication Infrastructure, Mobile Devices) and Region - Global Forecast to 2028
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