USD 47.68 billion
Report ID:
SQMIG45H2103 |
Region:
Global |
Published Date: June, 2025
Pages:
199
|Tables:
153
|Figures:
76
Global 5G Chipset Market size was valued at USD 47.68 billion in 2023 and is poised to grow from USD 57.5 billion in 2024 to USD 257.31 billion by 2032, growing at a CAGR of 20.6% during the forecast period (2025–2032).
Surge in demand for high-speed connectivity, launch of smart city initiatives, high adoption of smart technologies, expansion of 5G infrastructure, rising use of connected vehicles, and growing adoption of 5G-enabled consumer devices are slated to drive demand for 5G chipsets.
The exponential growth in data consumption, driven by streaming, gaming, and cloud services drives up the demand for high-speed internet, which is favoring the 5G chipset market growth. Rapid deployment of 5G infrastructure across developed and emerging economies is accelerating the need for compatible chipsets. Autonomous and connected vehicles rely heavily on real-time data exchange for navigation, safety, and infotainment systems. 5G chipsets can help ensure seamless connectivity for such applications. The commercial rollout of 5G smartphones, tablets, laptops, and wearables is also expected to bolster the sales of 5G chipsets in the future.
On the contrary, high initial investments for chipset R&D, limited 5G network in certain regions, thermal issues due to high power consumption, and supply chain disruptions are forecasted to impede the global 5G chipset market penetration across the study period.
How AI is Transforming the Smart Transportation and Traffic Management Infrastructure?
A major trend in the 5G chipset market is the integration of artificial intelligence (AI) to enhance performance, efficiency, and device intelligence. AI-accelerated 5G chipsets optimize signal processing, reduce latency, and enable intelligent network management. These chipsets support real-time decision-making for autonomous vehicles, smart factories, and edge computing. AI also improves power management, extending battery life in mobile and IoT devices. Key players like Qualcomm and MediaTek are embedding AI engines in their 5G SoCs to offer smarter, adaptive experiences. This convergence of AI and 5G is transforming devices from passive receivers to intelligent systems capable of predictive and autonomous functions.
Market snapshot - 2025–2032
Global Market Size
USD 47.68 billion
Largest Segment
Sub-6GHz
Fastest Growth
Between 26 and 39 GHz
Growth Rate
20.6% CAGR
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Global 5G chipset market is segmented by type, operating frequency, processing node, deployment, vertical, and region. Based on type, the market is segmented into RFIC, ASIC, Cellular IC, and mmWave IC. Based on operating frequency, the market is segmented into sub-6 GHz, between 26 and 39 GHz, and above 39 GHz. Based on processing node type, the market is segmented into 7 nm, 10 nm, 14 nm, and 28 nm. Based on deployment, the market is segmented into telecom base station equipment, smartphones/tablets, connected vehicles, connected devices, and broadband access gateway devices. Based on vertical, the market is segmented into automotive & transportation, energy & utilities, healthcare, retail, building automation, industrial automation, consumer electronics, and public safety & surveillance. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The sub-6 GHz segment is estimated to account for a prominent chunk of the global 5G chipset market share. Wider coverage offered by 5G chipsets with this frequency allows them to be used extensively in urban as well as rural settings, thereby holding sway over other segments. Support for Massive MIMO antenna systems offered by these chipsets is also expected to help bolster the dominance of this segment.
Meanwhile, the demand for 5G chipsets operating between 26 and 39 GHz is slated to rise at a robust pace as per this 5G chipset industry analysis. Growing adoption of mmWave technology and emphasis on simplification of chipset design are helping this segment generate new business scope in the long run.
The IT & telecom segment is slated to spearhead the global 5G chipset market revenue generation in the long run. Increasing investments in the creation of novel 5G modules and the growing need for chips with better computing power and connectivity are cementing the high share of this segment. High adoption of cloud technologies and investments in IT infrastructure development also cemented the dominance of this segment.
On the other hand, the demand for 5G chipsets in the manufacturing industry is anticipated to rise at an impressive CAGR going forward. High emphasis on adoption of smart manufacturing practices and investments in the development of smart factories is helping generate new opportunities going forward.
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Aggressive rollout of new 5G networks across the Asia Pacific makes it the leading region for 5G chipset demand on a global level. Extensive public and private investments in 5G infrastructure, smart city projects, and industrial automation are expected to help bolster the demand for 5G chipsets in the long run. The surge in popularity of IoT, edge computing, and autonomous vehicles is also promoting the uptake of 5G chipsets. The rising number of spectrum auctions and establishment of smart factories are also further cementing the dominance of this region.
Presence of advanced telecom infrastructure, strong government support, and leading electronics manufacturers like Sony and Panasonic are positioning Japan as a key market for 5G chipsets. While the demand for 5G chipsets remains high in the telecom sector, sales are also expected to rise from mobile, robotics, and industrial automation sectors. Additionally, the government's “Beyond 5G” strategy aims to make Japan a global tech hub, stimulating both public and private sector investments in next generation 5G chipsets.
Extensive 5G network deployment by SK Telecom and KT allows this country to emerge as a leading 5G chipset in demand in Asia Pacific. Presence of companies such as Samsung and LG Innotek leading in 5G chipset design, innovation, and manufacturing are further helping generate new business scope in South Korea. Strong government backing, tax incentives, and export-oriented semiconductor policies are also helping bolster market growth in the country through 2032 and beyond.
Early 5G network deployments, high consumer demand, and strong presence of leading semiconductor companies like Qualcomm and Intel make North America the fastest expanding region for 5G chipset providers. Surge in adoption of smart technologies, growing use of connected and autonomous vehicles, and use of connected solutions in healthcare also creating new business scope. Strategic collaborations between tech firms and telecom operators are also a key source of revenue for 5G chipset manufacturers in the future.
Strong technological infrastructure and early adoption of 5G networks are helping United States lead 5G chipset sales in North America. Qualcomm and Intel are the top 5G chipset innovators in the country. Government initiatives supporting private 5G networks and the launch of new smart city projects are also helping boost revenue generation for 5G chipset companies. The United States’ strategic focus on onshore semiconductor production under CHIPS Act further boosts 5G chipset manufacturing and global competitiveness across applications and sectors.
Growing mobile data demand and investments in 5G network from major telecom operators like Rogers and Bell are helping steadily drive 5G chipset sales in Canada. The government’s push for digital infrastructure and smart cities is also expected to create a new business scope for 5G chipset manufacturers. Canadian startups are exploring 5G-enabled IoT and AI applications, increasing chipset demand. The focus on low-latency communication in remote areas also contributes to expanding use cases for 5G chipsets.
High investments in improving 5G network coverage and growing digital transformation are forecasted to help improve the sales of 5G chipsets in Europe. The EU’s focus on data sovereignty, edge computing, and funding for semiconductor development are also shaping the up adoption of 5G chipsets in this region. Enterprise use of 5G chipsets is slated to emerge as a key area of applications in the long run.
Growing 5G network deployment by telecom operators such Vodafone and EE is driving the demand for 5G chipsets in the United Kingdom. The government’s push for 5G innovation through the “5G Testbeds and Trials Programme” plays a crucial role in generating lucrative opportunities for market players. Strong design capabilities and partnerships with global semiconductor leaders are helping offset the absence of major chipset manufacturers in the country. High investments in localization of semiconductor manufacturing are also making the United Kingdom a key market.
Growing digitization of industries and integration of private 5G networks in manufacturing are primarily driving the sales of 5G chipset in this country. Prioritization of smart factories, autonomous logistics, and connected mobility are helping create high demand for 5G chipsets in the long run. While chipset manufacturing is limited, partnerships with global semiconductor firms ensure steady supply. Government initiatives under the “Digital Strategy 2025” and EU funding support 5G R&D and infrastructure.
Rising smartphone penetration, growing digital transformation, and telecom expansions by companies such as Orange and Bouygues drive 5G chipset sales in the country. Government-backed initiatives like “France Relance” are helping boost semiconductor R&D and local production capacity, which favors 5G chipset adoption. French tech startups and academic institutions are focusing on innovations in AI and IoT applications, which necessitates the demand for 5G chipsets and other 5G hardware over the coming years.
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Rising Adoption IoT Devices and Smart Devices
Advancements in Semiconductor Technology
Limited 5G Network Availability in Some Regions
High Power Consumption and Thermal Issues
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5G chipset providers should focus on improving the thermal efficiency of their offerings to stand out from the competition. Developing affordable chipsets can also help boost revenue generation for market players. Integration of AI and advanced semiconductor technology is estimated to be a key strategy for all companies as per this global 5G chipset market analysis.
Startups are actively investing in the R&D of novel semiconductor technologies to improve chipset performance. Hers is a startup that can pioneer the future of 5G chipsets in the long run.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, expansion of 5G networks around the world and advancements in semiconductor technologies are slated to primarily drive the demand for 5G chipset going forward. However, high costs of R&D and lack of standardization are anticipated to slow down the sales of 5G chipsets in the future. North America is slated to emerge as the dominant region owing to quick adoption of smart technologies and the presence of top 5G chipset innovators. Demand for dual-mode chipsets and applications beyond smartphones are key trends driving the 5G chipset sector in the long run.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 47.68 billion |
Market size value in 2032 | USD 257.31 billion |
Growth Rate | 20.6% |
Base year | 2024 |
Forecast period | 2025–2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the 5G Chipset Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the 5G Chipset Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Global 5G Chipset Market size was valued at USD 47.68 billion in 2023 and is poised to grow from USD 57.5 billion in 2024 to USD 257.31 billion by 2032, growing at a CAGR of 20.6% during the forecast period (2025–2032).
5G chipset providers should focus on improving the thermal efficiency of their offerings to stand out from the competition. Developing affordable chipsets can also help boost revenue generation for market players. Integration of AI and advanced semiconductor technology is estimated to be a key strategy for all companies as per this global 5G chipset market analysis. 'Qualcomm Technologies Inc. (United States) ', 'MediaTek Inc. (Taiwan) ', 'Huawei Technologies Co., Ltd. (China) ', 'Samsung Electronics Co. Ltd. (South Korea) ', 'Intel Corporation (United States) ', 'Broadcom Inc. (United States) ', 'Nokia Corporation (Finland) ', 'Qorvo, Inc. (United States) ', 'Skyworks Solutions, Inc. (United States) ', 'Analog Devices, Inc. (United States) ', 'Marvell Technology Group Ltd. (United States) ', 'Apple Inc. (United States) ', 'Ericsson (Sweden) ', 'ZTE Corporation (China) ', 'Renesas Electronics Corporation (Japan) ', 'Infineon Technologies AG (Germany) ', 'STMicroelectronics (Switzerland) ', 'Texas Instruments Incorporated (United States)'
Growing use of wearables, smart home gadgets, and industrial sensors is driving up the demand for robust, always-on connectivity. 5G chipsets provide ultra-reliable, low-latency connections necessary to power interconnected ecosystems in smart homes, smart cities, and factories. As IoT devices demand efficient and scalable connectivity solutions, 5G chipsets emerge as a foundational enabler. The increasing adoption of IoT globally is thus significantly propelling the demand for advanced 5G chipsets across consumer and enterprise markets.
Expansion of 5G Chipsets Beyond Smartphones: 5G chipset vendors are focusing on integrating their offerings in laptops, industrial sensors, routers, drones, and smart home equipment. The surge in demand for high-speed, low-latency connectivity in sectors such as healthcare, automotive, manufacturing, and entertainment creates new opportunities. This 5G chipset market trend is also driven by the rise of Fixed Wireless Access (FWA) and Industrial IoT (IIoT), which require robust, efficient connectivity solutions.
What Helps Asia Pacific Lead Global Sales of 5G chipsets?
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Report ID: SQMIG45H2103
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