APAC 5G Chipset Market poised to grow at a CAGR of 35.37% over the forecast period 2022 – 2026: Current Status, Future Trends and Growth Dynamics

According to the new market research report ”5G Chipset Market by Deployment Type (Telecom Base Station Equipment, Smartphones/Tablets, Others), Process Node, Frequency (Sub-6 GHz, 24- 39 GHz, Above 39 GHz), Type (Modem, RFIC), End-Use (Telecommunication Infrastructure, Mobile Devices, Non-mobile Devices, Automobile), Region – Asia Pacific Opportunity Analysis and Industry Forecast, 2021 – 2026“, published by The Research Industry.

?Major Growth Drivers:

Increasing demand for high-speed data networks with a latency of less than 1ms to ensure seamless connectivity for mission-critical applications, such as Machine-to-Machine (M2M) communication, is expected to propel market growth over the forecast period.

Increase in the popularity of 5G-enabled smartphones will enhance the growth rate of 5G chipset market. Also, the upsurge in the demand for ultra-reliable and low-latency data networks capable of providing seamless connectivity will act as a major factor influencing the growth of 5G chipset market. Growing demand for high-speed internet and broad network coverage, increasing mobile data traffic, increasing cellular IoT connections, increasing demand for faster data transfers and reliance on cloud technology, development of the network coverage and the implementation of IoT and connected devices in several applications, rapidly developing smartphone technology are major factors driving the growth of 5G Chipset Market. Further, rising government initiatives to build smart cities and increasing partnerships among major players for 5G deployment are the factors boosting the adoption of 5G chipsets.

?Expected Revenue Growth:

[240 Pages Report] The 5G Chipset market is expected to poised to grow at a CAGR of 35.37% during the forecast period 2022 – 2026.

An analysis of the market developments between 2016 and 2019 revealed that product/service launches & enhancements, partnerships, agreements, and acquisitions were adopted by market players to strengthen their product portfolios and maintain a competitive position in the market. Product launches were the most widely adopted growth strategies.

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10 to 28 nm segment to witness highest growth in 5G chipset market during the forecast period (2022 – 2026)

APAC 5G Chipset Market in our report by Process Node has been categorized by Less than 10 nm, 10–28 nm and Above 28 nm. Among them, 10 to 28 nm segment is expected to witness highest growth in 5G Chipset market during the forecast period.

Sub-6 GHz Segment is attributed to hold largest market size of 5G chipset market during the forecast period (2022 – 2026)

APAC 5G Chipset Market in our report by Frequency has been categorized by Sub-6 GHz, 24–39 GHz and Above 39 GHz. Among them, Sub-6 GHz segment is expected to dominate the market during the forecast period.

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?Key Market Players

Some of the players in the 5G Chipset market Qualcomm Technologies, Inc., SAMSUNG, Xilinx, Nokia, Intel Corporation, Broadcom, Infineon Technologies AG, Huawei Technologies Co., Ltd., Renesas Electronics Corporation, Qorvo, Inc., NXP Semiconductors, Marvell, Analog Devices, Inc., Texas Instruments Incorporated, Unisoc (Shanghai) Technologies Co., Ltd., Skyworks Solutions, Inc., IBM, and Anokiwave, Inc., among others domestic and Asia Pacific players.

The study includes an in-depth competitive analysis of these key players in the 5G Chipset market with their company profiles, recent developments, and key market strategies.