5G Chipset Market

Market Leader - 5G Chipset Market

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.

In 2019, the 5G chipset market for modems was dominated by Qualcomm (US), Huawei (China), Samsung Electronics (South Korea), MediaTek (Taiwan), and UNISOC (China). The 5G chipset market for RFIC was dominated by Skyworks (US), Qorvo (US), Qualcomm (US), Analog Devices (US), and Broadcom (US). The major strategies adopted by the top 5 players in the 5G chipset market included product launches and developments, partnerships, and collaborations, which helped them to innovate on their product offerings, cope up with the COVID-19 outbreak and broaden their customer base.

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Top 2 players in the 5G chipset Market are:

Qualcomm (US)

Qualcomm is a leader in the development and commercialization of foundational technologies for the wireless industry. The technologies and products provided by the company are used in mobile devices and other wireless products, such as network equipment, broadband gateway equipment, consumer electronic devices, and other connected devices. The company also provides its technologies and products to various industry segments and applications beyond mobile, such as automotive, computing, Internet of Things (IoT), and networking.

  • In September 2020, Qualcomm launched a new 5G mobile platform in the 7-series, the Snapdragon 750G 5G Mobile Platform, which enables 5G with brilliant HDR gaming and on-device AI.
  • In September 2020, Qualcomm launched the Snapdragon 8cx Gen 2 5G compute platform, its most advanced and efficient compute platform. The platform is designed to enable industry-leading 5G PC experiences and build on the innovative first-generation Snapdragon 8cx 5G compute platform, which powered the World’s First 5G PC.
  • In June 2020, Qualcomm launched the world’s first 5G and AI-enabled robotics platform. The platform facilitates accelerated development of innovative, power-efficient, high computing robots and drones for enterprise, industrial and professional service applications.

Skyworks (US)

Skyworks has worked with 3GPP since 2015 to develop 5G standards. Its portfolio of RF components includes amplifiers, switches, tuners, and filters. Skyworks has majorly focused on launching RF-based devices to exploit opportunities in the telecommunications sector. It has launched the Sky5 suite of solutions for 5G applications to empower the 5G revolution.

  • In August 2020, Skyworks introduced SKY16603-632LF, a high-linearity, low-threshold, dual PIN limiter diode module that addresses the growing need for receiver protection in cellular infrastructure (including 5G) and microwave radio communications.
  • In August 2020, Skyworks released the SKY67183-396LF and SKY67189-396LF low-noise amplifiers (LNAs). These amplifiers are ideal for 2G/3G/4G/5G TDD and FDD infrastructure applications, including small cells, massive MIMO, and macro base stations.
  • In June 2020, Skyworks introduced SKY5A1007, a new switch in its portfolio of Sky5 product solutions, designed to support the ever-growing demand for cellular vehicle-to-everything (C-V2X) connectivity and 5G automotive applications.

Related Reports:

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

Mr. Aashish Mehra
MarketsandMarkets™ INC.
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5G Chipset Market Size,  Share & Growth Report
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SE 6368
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