Global 5G Chipset Market to Post an 87.8% CAGR Over 2020-2025 - Qualcomm, Intel and Samsung are the Prominent Industry Players
DUBLIN, March 19, 2020 /PRNewswire/ -- The "5G Chipset Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
http://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
The global 5G chipset market was evaluated from 2019, as the technology has not yet been commercialized in 2018. The market is expected to grow at a CAGR of 87.8% over the forecast period (2020-2025).
With 5G networks soon to be rolled out, smartphone OEMs telecom players are rapidly gearing towards the shift. Telecom service providers across the globe are upgrading to 5G networks, which rely on denser arrays of small antennas to offer ultra-high data speeds.
There has been a surge in high-quality video and audio content as well. Among the digital devices, mobile devices have taken over as the preferred medium of consuming online media, including live video streaming, file sharing, audio streaming, and running business applications, among others. However, current LTE technologies do not entirely support all these applications. This has been a significant factor driving the adoption of 5G, for high internet speeds and coverage, as well as reduced latency.
5G is expected to add several layers of complexity to the spectrum, due to the all-inclusive nature of services that it supports, from extreme broadband services to massive machine-type communications (mMTC) and ultra-reliable MTC. Every application demands its own position in the spectrum depending on its requirements.
Over the forecast period, as more countries acquire the required infrastructure to support 5G, and with an increasing demand for faster data transfers and reliance on cloud technology, the demand for 5G chipsets is expected to surge, creating an immense market potential for 5G chipset market.
Key Market Trends
Industrial Automation to Account for Significant Share
-- The manufacturing companies across the world are under immense pressure
due to shorter product and business lifecycles and intense volatility in
the business. The profit margins are getting squeezed as the workforce
is aging, and components increasingly become more varied and complicated
to manufacture.
-- Internet of Things (IoT), coupled with the 5G network, is expected to
enhance the aforementioned business issues associated with industrial
automation. The enhanced network provides manufacturers to build smart
factories and leverage emerging technologies, such as artificial
intelligence (AI), machine learning, augmented reality, and automation.
-- In the future, the smart factories are expected to comprise several
sensors to monitor various aspects of the working environment. The 5G
network is likely to offer low-latency, wireless flexibility, and high
capacity performance to the smart factories enabling them to overcome
challenges in the production environment. As a result, it creates
immense opportunities for chipset manufacturers to invest mainly in
devices used in industrial automation.
-- In industrial automation, 5G acts as an enabler to new operating models.
Notably, the wireless industry needs to engage with future customers and
potential users.
North America to Account for Largest Share
-- North America is expected to account for the significant market share of
the 5G chipset market, and dominance is mainly due to the high rate of
adoption of advanced technologies in the market studied.
-- The region is also home to Qualcomm, a dominant player in smartphone
communications chips, making half of all core baseband radio chips in
smartphones. It is one of the big U.S. technology companies, with a
major role in the global 5G chipset market.
-- In December 2019, Qualcomm announced the newest iteration of its
Snapdragon mobile processors for 5G. The flagship Snapdragon 865 is a
natural successor to 855 chipset that is released in 2018, and is
expected to be the chipset powering the phones in 2020, like the Samsung
Galaxy S11, Note 11, LG G9, OnePlus 8, Google Pixel 5.
-- According to Ericsson, North America is anticipated to lead the 5G
mobile technology, with all the major operators stating their intentions
to deploy the 5G early.
Competitive Landscape
The 5G Chipset Market is moderately fragmented as all the companies involved in the production of 5G chipsets in the current market scenario are highly competitive and mostly market incumbents. All of them have equally high R&D capabilities, and all of them have equally effective competitive strategies. Such competition, even before commercialization of the product, indicates a high probability of an increase in the competitive rivalry over the forecast period. Due to this, the market is highly fragmented.
Some of the key players in the 5G chipset market are Qualcomm, Intel, Samsung. Some of the recent developments in 5G chipset market are as follows: Qualcomm announced that its upcoming flagship mobile platform will feature a system-on-chip (SoC) built on the 7nm process node. The 7nm SoC can be paired with the Qualcomm Snapdragon X50 5G modem, which is anticipated to be the first 5G-capable mobile platform for smartphones and other mobile devices.
Notable Industry Developments
-- In September 2019, Samsung Electronics announced the Exynos 980 mobile
processor equipped with an integrated 5G modem that delivers a downlink
speed of up to 2.55Gbps. Additionally, the integration of modem and
mobile processor into a single chip leads to less space utilization and
power efficiency.
-- In January 2020, MediaTek introduced its Dimensity 800 Series 5G chipset
family that may bring flagship features, power, and performance to new
premium mid-range 5G smartphones. MediaTek's Dimensity 5G chipset family
offers powerful system-on-chips (SoCs) with integrated 5G modems. The
single chip solutions offer an unrivaled combination of connectivity,
multimedia, AI, and imaging innovations packed into an ultra-efficient 7
nanometer chip. The first devices, featuring Dimensity 800 Series SoCs,
are expected to launch in the first half of 2020.
Key Topics Covered
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Buyers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitutes
4.3.5 Intensity of Competitive Rivalry
4.4 Technology Snapshot
5 MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increasing Demand for High-speed Internet and Broad Network Coverage with Reduced Latency and Power Consumption
5.1.2 Growing Machine-to-machine/IoT Connections
5.1.3 Increase in Demand for Mobile Data Services
5.2 Market Restraints
5.2.1 Fragmented Spectrum Allocation
6 MARKET SEGMENTATION
6.1 By Chipset Type
6.1.1 Application-specific Integrated Circuits (ASIC)
6.1.2 Radio Frequency Integrated Circuit (RFIC)
6.1.3 Millimeter Wave Technology Chips
6.1.4 Field-programmable Gate Array (FPGA)
6.2 By Operational Frequency
6.2.1 Sub-6 GHz
6.2.2 Between 26 and 39 GHz
6.2.3 Above 39 GHz
6.3 By End-user Industry
6.3.1 Consumer Electronics
6.3.2 Industrial Automation
6.3.3 Automotive and Transportation
6.3.4 Energy and Utilities
6.3.5 Healthcare
6.3.6 Retail
6.3.7 Other End-user Industries
6.4 By Geography
6.4.1 North America
6.4.2 Europe
6.4.3 Asia-Pacific
6.4.4 Latin America
6.4.5 Middle East & Africa
7 KEY VENDOR PROFILES
7.1 Qualcomm Technologies Inc.
7.2 MediaTek Inc.
7.3 Intel Corporation
7.4 Samsung Electronics Co. Ltd.
7.5 Xilinx Inc.
7.6 Nokia Corporation
7.7 Broadcom Inc.
7.8 Infineon Technologies AG
7.9 Huawei Technologies Co. Ltd.
7.10 Renesas Electronics Corporation
7.11 Anokiwave Inc.
7.12 Qorvo Inc.
7.13 NXP Semiconductors N.V.
7.14 Cavium Inc.
7.15 Analog Devices Inc.
7.16 Texas Instruments Inc.
8 INVESTMENT ANALYSIS
9 FUTURE OF THE MARKET
For more information about this report visit https://www.researchandmarkets.com/r/hleh9x
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
View original content:http://www.prnewswire.com/news-releases/global-5g-chipset-market-to-post-an-87-8-cagr-over-2020-2025---qualcomm-intel-and-samsung-are-the-prominent-industry-players-301026756.html
SOURCE Research and Markets
