5g Chipset Market (By Type: Modem, RFIC; By Frequency Type: Sub-6 GHz, 26–39 GHz, Above 39 GHz; By Processing Node Type: 7 nm, 10 nm, Above 28 nm; By Deployment Type: Telecom Base Station Equipment, Smartphones/Tablets, Connected Vehicles, Connected Devices, Broadband Access Gateway Devices, Others; By End Use) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2030


The global 5G chipsets market size was estimated at USD 14.7 billion in 2021 and it is expected to hit around USD 126.4 billion by 2030, poised to grow at a CAGR of 27.01% over the forecast period 2022 to 2030.

5g Chipset Market Size 2022 To 2030

The goal of a 5G chipset is to enable the end user to create a wireless network that adheres to 5G network requirements. It is an improved part of customer premises equipment and network equipment. The proliferation of devices with internet access has increased the need for 5G, a brand-new wireless infrastructure. After the current 4G LTE mobile network, 5th wireless (5G) is the following generation of smart mobile networks. These networks provide a perceived total global connectivity by extending broadband wireless operating frequency (Operational Frequency) beyond mobile broadband to the Internet of Things (IoT) and important communications segments. The lowest 5G chipset solution for the upcoming generation is also anticipated to bring new levels of efficiency and performance, allowing novel user experiences and the connecting of brand-new industries. In addition, the expansion of the 5G chipset business is fueled by the increased demand for 5G network infrastructure solutions, which makes it possible to link new sectors and maximize efficiency while minimizing cost.

Due to the widespread use of M2M and IoT connectivity, the 5G chipset market is anticipated to expand significantly over the course of the forecast period. The industry is expanding as a result of the rising demand for high-speed internet and extensive network coverage. Additionally, throughout the anticipated period, a rise in demand for mobile broadband operating frequency is anticipated to fuel the expansion of the 5G chipset market.

However, high investment costs, difficulties implementing the 5G network in terms of technology and infrastructure, and privacy and security concerns are some of the key reasons limiting industry development. On the other hand, increased government efforts in Asia-Pacific to develop smart cities are anticipated to create attractive chances for the market for 5G chipsets to expand over the projected period.

Growth Factors

Along with rising need for high-speed internet and extensive network coverage, increasing demand for optical scanning solutions is a significant element influencing the development of the worldwide 5G chipset market. Additionally, the growth opportunity in the 5G chipset market is anticipated to be driven by the development of M2M/IoT connectivity. The market's expansion is, however, constrained by high investment costs, infrastructural and technological issues associated with the deployment of the 5G network, as well as privacy and security concerns. On the other hand, the spike in Asian-Pacific government initiatives to develop smart cities is anticipated to be a significant development opportunity for the 5G chipset market over the projected period.

Report Scope of the 5g Chipset Market

Report Coverage Details
Market Size in 2022

USD 18.67 Billion

Market Size by 2030

USD 126.4  Billion

Growth Rate from 2022 to 2030 CAGR of 27.01%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Type, Frequency Type, Processing Node Type, Deployment Type, End Use, and Geography
Companies Mentioned Qualcomm, Inc., Intel Corporation, Samsung Electronics Co., Ltd., Qorvo, Inc., Huawei Investment & Holding Co., Ltd., Xilinx, Inc., Analog Devices, Inc., NXP Semiconductors N.V., Marvell Technology Group, Broadcom Inc., Murata Manufacturing Co., Ltd., Renesas Electronics Corporation, Infineon Technologies AG, Anokiwave, MACOM Technology Solutions Holdings Inc.


Key Market Drivers

  • Rising Demand for High-Speed Internet - The market for 5G chipsets is anticipated to expand as a result of the rising demand for fast internet and extensive network coverage for a variety of applications, including remote learning, autonomous driving, live streaming, multiuser gaming, videoconferencing, telemedicine, and augmented reality. The development of 5G mobile network is being fueled by rising requirements for mobile internet services, high-speed data transport, and information and data processing. Additionally, it is anticipated to improve mobile network performance characteristics and close the data connectivity gap that still exists in the existing network generations (3G/4G).
  • Growing mobile data traffic - Today's users may benefit from better data speeds and lower latency owing to cellular networks' continual development. The rapid rise in data volume is mostly attributable to consumer demand for video as well as industry and consumer initiatives to adopt cloud services. The need for mobile data services is primarily being driven by the rising use of services and applications in consumer electronics and business-to-business (B2B) communications networks, which are currently using/testing data-intensive apps like AR and VR, 3D, and ultra-HD video content.

Key market challenges

  • High cost of 5G chipset for mobile devices - The cost of 5G-capable smartphone chipsets will probably be higher than that of existing 4G chipsets. First-generation 5G chipsets were only available in 2019 in high-end handsets. Second-generation chipset-based 5G devices are expected to be widely deployed in 2020, while third-generation chipsets will allow performance-optimized 5G devices in 2021. Only a small number of high-end smartphones employ Qualcomm's flagship Snapdragon 8-series SoC, which only supports 5G. By making its 7-series and 6-series lineups available on 5G, the business intends to dramatically increase its 5G selection. For mid-range smartphones, Snapdragon 765 or Snapdragon 690 are currently available. The 4-series chipset, which are utilized in less expensive phones, has not yet received any announcements from the firm. A significantly wider audience for the network technology would be provided by the inclusion of 5G in less expensive phones. It is anticipated that Qualcomm and MediaTek would reduce the cost of their 5G chipsets for mid-range handsets. 

Key market opportunities

  • Increasing Cellular IoT connections - The speed and dependability of 5G are expected to have a substantial influence on machine-to-machine (M2M) and the Internet of Things (IoT). The increased use of developing M2M technologies is primarily being driven by their enhanced communication capabilities and decreased power consumption. The existing capacity of mobile networks must be sufficient to handle the billions of nodes that are predicted to proliferate over the next few of years in order for M2M communication to be effective. M2M communication technology will be widely used in heavy manufacturing and process sectors to increase the efficiency of various processes and reduce human involvement with machines (such as the food industries). M2M connectivity is therefore expected to help the 5G chipset industry.
  • Growing Mobile Data Traffic - Today's users may benefit from better data speeds and lower latency owing to cellular networks' continual development. The rapid rise in data volume has mostly been caused by consumer demand for video as well as industry and consumer initiatives to adopt cloud services. The demand for mobile data services is primarily being driven by the growing use of functionalities in consumer devices and business-to-business (B2B) communications networks, that are currently leveraging data-intensive applications such as Augmented reality technology, VR, and 3D, as well as ultra-HD video content.

Segmental Insights

Frequency Type Insights

With a market share of much more than 65% in 2021, the sub-6GHz sector led the industry in terms of value. This is a result of major market participants initially releasing 5G chipset components that enable the sub-6GHz spectrum for laptops, linked automobiles, and smartphones. 

5g Chipset Market Share, By Frequency, 2021 (%)

Due to the ongoing release of cutting-edge chipset components that support both the sub-6GHz and mmWave frequencies in a single module, the sub-6GHz + mmWave category is anticipated to see a discernible CAGR throughout the projection period.

Processing Node Type Insights

With a market share of 64.6% in 2021, the 7 nm category dominated in terms of value. This is a result of major players first concentrating on building 5G chipset components using a 7nm processor node. MediaTek Inc., Huawei Technologies Co. Ltd., Intel, and Qualcomm Incorporated, among other well-known industry participants, are concentrating first on building 5G chipset components using a 7nm processing node. Additionally, in order to enable high band frequencies, these market participants are presently concentrating on producing 7 nm and 10 nm processor nodes of the chipset.

However, given that they will need to support several applications at once, modern communication networks are anticipated to experience increased demands. The creation of a new chipset with faster processing rates would be required as a result. As a result, the 10 nm category is anticipated to post a sizable CAGR throughout the projection period. Additionally, if autonomous vehicles become more prevalent, a bigger number of processing nodes would need to be implemented in order to create 5G chipsets in order to ensure smooth connection between vehicles.

Deployment Insights

With a market share of about 55.2% in value terms in 2021, the smartphones/tablets sector led the market. This can be attributable to the rising demand for smartphones with 5G capabilities for applications such as video chatting, online gaming, and watching Ultra High Definition (UHD) videos. The demand for 5G chipsets has been rising across a range of devices and equipment, including broadband access gateway equipment, smartphones and tablets, connected cars, and linked gadgets. Additionally, the demand for components for next-generation chipsets has expanded as a result of ongoing expenditures in the deployment of next-generation telecom network infrastructure. 

5g Chipset Market Share, By Region, 2021 (%)

Regions Revenue Share in 2021 (%)
North America 19%
Asia Pacific 47.6%
Europe 24%
Latin America 6%
MEA 3.4%


Geography Insights

In 2021, Asia Pacific held the majority of the market, with a share of around 47.6%. This is due to the quick increase in expenditures made in base stations that support 5G New Radio (NR) frequencies and handsets that support 5G technology. Important regional businesses including Huawei Technologies Co. Ltd. and Samsung Electronics Co., Ltd. are spending heavily in the creation of 5G chipset modules.

A rising need for smart manufacturing in developing nations like China and India is anticipated to increase the use of 5G chipset components throughout the forecasted period. The market in the United States is expected to expand dramatically during the next years. Significant investment is being attracted to the creation of smart cities, smart industries, and home automation in the US. Online gaming with advanced visuals is becoming more and more popular with American players. The country is also becoming a pioneer in the usage of autonomous vehicles and smart transportation infrastructure. All of these developments are expected to boost demand for 5G chipset components in the US.

Recent Developments

  • Qualcomm Incorporated unveiled the Snapdragon X55 5G modem in February 2019. Both mmWave bands and sub-6GHz are supported by the new modem. Major companies are also spending money on R&D to create new multi-mode 5G chipset parts.
  • Intel Corporation invested USD 28.7 billion in research and development in 2018 to create cutting-edge technology. Additionally, the business anticipated that these expenditures would improve its ability to compete in the market.

Key market players

  • Qualcomm, Inc. (US)
  • Intel Corporation (US)
  • Samsung Electronics Co., Ltd. (South Korea)
  • Qorvo, Inc. (US)
  • Huawei Investment & Holding Co., Ltd. (China)
  • Xilinx, Inc. (US)
  • Analog Devices, Inc. (US)
  • NXP Semiconductors N.V. (Netherlands)
  • Marvell Technology Group (Bermuda)
  • Broadcom Inc. (US)
  • Murata Manufacturing Co., Ltd. (Japan)
  • Renesas Electronics Corporation (US)
  • Infineon Technologies AG (Germany)
  • Anokiwave (US)
  • MACOM Technology Solutions Holdings Inc. (US)

Market Segmentation

(Note*: We offer report based on sub segments as well. Kindly, let us know if you are interested)

By Type

  • Modem
  • RFIC
    • RF transceiver
    • RF front end

By Frequency Type

  • Sub-6 GHz
  • 26–39 GHz
  • Above 39 GHz

By Processing Node Type

  • 7 nm
  • 10 nm
  • Above 28 nm

By Deployment Type

  • Telecom Base Station Equipment
  • Smartphones/Tablets
  • Connected Vehicles
  • Connected Devices
  • Broadband Access Gateway Devices
  • Others

By End Use

  • Manufacturing
  • Energy & Utilities
  • Media & Entertainment
  • IT & Telecom
  • Transportation & Logistics
  • Healthcare
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

Frequently Asked Questions

What is the current size of 5G chipsets market?
The global 5G chipsets market size was accounted at USD 14.7 billion in 2021 and it is projected to hit around USD 126.4 billion by 2030.
The global 5G chipsets market is poised to grow at a CAGR of 27.01% from 2022 to 2030.
The major players operating in the 5G chipsets market are Qualcomm, Inc., Intel Corporation, Samsung Electronics Co., Ltd., Qorvo, Inc., Huawei Investment & Holding Co., Ltd., Xilinx, Inc., Analog Devices, Inc., NXP Semiconductors N.V., Marvell Technology Group, Broadcom Inc., Murata Manufacturing Co., Ltd., Renesas Electronics Corporation, Infineon Technologies AG, Anokiwave, MACOM Technology Solutions Holdings Inc.
Rising demand for high-speed Internet and growing mobile data traffic is the driving factors of the 5G chipsets market.
Asia Pacific region will lead the global 5G chipsets market during the forecast period 2022 to 2030.
  • Report Code:2140
  • Category:Semiconductor and Electronic
  • No. of Pages:150+
  • Format:PDF/PPT/Excel
  • Status:Published

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