Global 5G Chipset Market Size, Share & Trends Analysis Report by IC Type (Application-Specific Integrated Circuit (ASIC), Radio-Frequency Integrated Circuit (RFIC), Cellular IC, and mmWave IC), by Frequency (Sub-6 GHz, 24-39 GHz, and Above 39 GHz), and by End-Use (Smartphones/Tablets, Telecom Base Station Equipment, Connected Vehicles, Connected Devices, Broadband Access Gateway Devices, and Others) Forecast Period (2022-2028) The global 5G chipset market is anticipated to grow at a CAGR of 25.1% during the forecast period. The rising requirement for the 5G chipset for gaming across the globe is the major factor boosting the market growth. Major key market players are also focusing on launching products that support gaming features to cater to the demand of consumers. For instance, in September 2020, Qualcomm Technologies, Inc., a semiconductor, and soli-state devices manufacturer, launched a new 5G mobile platform in the 7-series, the Qualcomm Snapdragon 750G 5G Mobile Platform. The new 5G mobile platform enables HDR gaming and on-device AI. The company has more than 275 designs in development based on Snapdragon 7-series mobile platforms, including 140 5G designs. The global 5G chipset market is segmented based on the IC type, frequency, and end-use. Based on the IC type, the market is sub-segmented into an application-specific integrated circuit (ASIC) and radio-frequency integrated circuit (RFIC), cellular IC, and mmwave IC. Based on the frequency, the market is sub-segmented into sub-6 GHz, 24-39 GHz, and above 39 GHz. Based on the end-use, the market is further sub-segmented into smartphones/tablets, telecom base station equipment, connected vehicles, connected devices, broadband access gateway devices, and others. Among the end-use segment, the connected vehicles sub-segment is expected to cater to considerable growth over the forecast period. Factors attributing to the growth include the development of new applications, which are difficult to develop with cellular technologies along with the rise in adoption of applications such as vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), and others. These 5G applications further aid in developing applications such as automated driving, digital logistics, and intelligent navigation. Thus, the key companies are inclined toward launching 5G chipsets, especially for the automobile industry. For instance, in November 2021, Samsung Electronics Co., Ltd. launched three automotive chip solutions named Exynos Auto T5123 for 5G connectivity, Exynos Auto V7 for in-vehicle infotainment systems, and ASIL-B certified S2VPS01 power management IC (PMIC) for the Auto V series. Geographically, the global 5G Chipset market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Among these, North America is expected to provide lucrative growth to the market during the forecast period owing to the increasing investments in R&D activities, and partnerships among companies. For instance, in May 2020, MediaTek Inc. invested $2.75 billion in R&D and planning to invest another $3.5 billion in the coming years. The major companies serving the global 5G chipset market include Analog Devices, Inc., Broadcom, Inc., Fujitsu Ltd., Huawei Technologies Co., Ltd., Infineon Technologies AG, Intel Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in June 2022, Qualcomm Technologies, Inc. acquired Cellwize Wireless Technologies Pte. Ltd., a mobile network automation and management company. Through this acquisition, Qualcomm Technologies, Inc. aims to further accelerate 5G radio access networks (RAN) innovation and adoption. In addition,, several offerings such as 5G network deployment, automation, and management software platform capabilities of Cellwize Wireless Technologies will also strengthen the 5G infrastructure solutions of Qualcomm Technologies. Research Methodology The market study of the global 5G chipset market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports. Secondary Sources Include • Financial reports of companies involved in the market. • Whitepapers, research papers, and news blogs. • Company websites and their product catalog. The report provides an in-depth analysis of the market size, and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models. Market Segmentation 1. Global 5G Chipset Market Research and Analysis by IC Type. 2. Global 5G Chipset Market Research and Analysis by Frequency. 3. Global 5G Chipset Market Research and Analysis by End-Use. The Report Covers • Comprehensive research methodology of the global 5G chipset market. • This report also includes a detailed and extensive market overview with key analyst insights. • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations. • Analysis of regional regulations and other government policies impacting the global 5G chipset market. • Insights about market determinants that are stimulating the global 5G chipset market. • Detailed and extensive market segments with the regional distribution of forecasted revenues. • Extensive profiles and recent developments of market players.