5G Chipset Market
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5G Chipset Market by 2027
Meticulous Research® – leading global market research company, published a research report titled
“Global 5G Chipset Market by Application, by Chipset Type, by Frequency, by Processing Node,
by Deployment Type, by Vertical, and Geography – Global Forecast to 2027”.
In terms of value, the 5G chipsets market is expected to grow at a CAGR of 52.7% from 2020
to 2027 to reach $23.5 billion by 2027. 5G chipsets are used across multiple industry verticals.
These chipsets enable high-speed data connection for key applications, such as smart cities,
automotive & transportation, and gaming & entertainment to provide customized user experience
and optimize the efficiency of utilities and other services. The growth of the 5G chipsets market is
majorly driven by the growing demand for high-speed data services, rapidly developing smartphone
technology, and proliferation of IoT and connected devices. Additionally, 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.
To know more about 5G Chipset Market download report from bellow:
https://www.meticulousresearch.com/download-sample-report/cp_id=5124
The global 5G chipsets market study presents historical market data in terms of value (2019),
estimated current data (2020), and forecasts for 2027. The market is segmented based on application
(automotive & transportation, smart factories, smart cities, gaming & entertainment, and smart
retail), chipset type (application-specific integrated circuits, radio frequency integrated circuits,
millimetre wave technology chips, and field-programmable gate arrays), frequency (below 1Ghz, sub
6Ghz, and above 24Ghz), processing node (7nm, 8nm, 10nm, and others), deployment type (smart
devices, network infrastructure equipment, customer premises equipment, and others), vertical
(automotive, public transportation, energy & utilities, telecom & it, industrial automation, consumer
electronics, security & surveillance, retail, public infrastructure, and others). The study also evaluates
industry competitors and analyses the market at the country-level.
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