Continuously growing demand for the very high speed internet and broad network coverage with reduced power consumption and latency is acting as a major growth driver for the 5G Chipset Market. Therefore, continuously increasing machine to machine or IoT connection is leading towards the higher adoption of the 5G chipsets. In addition, increasing demand for the mobile data services is also anticipated to increase the demand of the 5G chipset in the upcoming years. Continuously growing acceptance of the devices which support 5G NR having integrated gigabit LTE is also one of the major growth driver for the 5G chipset market. In turn this is also projected to affect the 5G Chipset Market in a positive manner during the forecast period. Global 5G Chipset Market report includes different applications such as Radio Frequency Integrated Circuit (RFIC), Application-Specific Integrated Circuit (ASIC), Cellular Integrated Circuit (Cellular IC) and Millimeter Wave Integrated Circuit (mmWave IC), and others.

This report aims to estimate the Global 5G Chipset Market for 2020 and to project the expected demand of the same by 2026. This market research study provides a detailed qualitative and quantitative analysis of the Global 5G Chipset Market. It provides a comprehensive review of major drivers and restraints of the market. Major companies such as Analog Devices, Broadcom, Huawei Technologies, IBM, Samsung Electronics, etc. are profiled in this report. Global 5G Chipset Market is also segmented into major application and geographies.

Various secondary sources, such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of Global 5G Chipset Market have been used. The primary sources, experts from related industries and suppliers, have been interviewed to obtain and verify critical information as well as to assess the future prospects of Global 5G Chipset Market.

Global 5G Chipset Market has grown significantly during the last few years, and it is expected to grow at a rapid pace in the next five years, mainly driven by a growing consumption in the North America region. Global 5G Chipset Market is valued at $ 2 billion in 2020, growing at a CAGR of more than 40% iin next five years.