The Asia Pacific 5G Chipset Market is expected to grow at a strong CAGR of 28% during the forecast period (2022-2028). The Asia Pacific region is expected to dominate the global 5G chipset market in the coming years, driven by the presence of advanced processors and chipset manufacturing units and modern research and development facilities in countries such as China, Japan, South Korea, Taiwan, and Singapore. Additionally, emerging markets like India and Southeast Asian countries are also contributing to the growth of the regional market. India and Singapore, for instance, are expanding their manufacturing capabilities for 5G-enabled devices and processors. This is attracting global investors to set up manufacturing units in the region, which is further boosting market growth.

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Increased product launches by key market players are another major factor driving the market growth in the Asia Pacific region. For instance, in June 2021, Samsung Electronics, a leading provider of consumer electronic products, announced the launch of their new 3GPP Rel.16 compliant chipsets. These chipsets are specifically designed to work with the next generation’s 5G mmWave radio frequency integrated circuit and 5G modem System-on-Chip (SoC). This product is designed to provide optimal performance on high-speed 5G low latency networks, making it an ideal solution for businesses and consumers alike.

Further, China is a major player in the chipset market, majorly due to the availability of advanced processors and chipset manufacturing facilities in the country. The country is also actively investing in research and development of high-end 5G technology. With a large number of prominent players in the market, China is expected to drive market growth.

On the basis of operational frequency, it is segmented into sub-6 GHz, between 26 & 39 GHz, and above 39 GHz. The 26-39 GHz segment dominated the market in 2022, generating significant revenue due to the increasing use of these chipsets in the automotive and IT & telecom industries to transfer large volumes of data. This segment is also expected to grow at the highest CAGR during the forecast period. The sub-6GHz segment is also expected to follow the same trend, as it can carry more data than the 2.4GHz range as it has more space to travel data. Additionally, the above 39 GHz segment is also expected to grow due to its increasing use in the energy & utility sector.

On the basis of end-users, the market is segmented into Manufacturing, Energy & Utilities, Media & Entertainment, IT & Telecom, Transportation & Logistics, Healthcare, and Others. The IT & Telecom segment held the largest market share in 2021, accounting for more than 36.0% of the global revenue. This is due to the significant efforts of major manufacturers in creating 5G chipset modules for telecom base stations, broadband gateway devices, and other communication equipment. As data-intensive applications such as video streaming and cloud services become more widespread, there is a growing need for faster and more reliable networks. The use of 5G chipsets in IT and telecommunications infrastructure can address this demand by providing faster and more efficient data transfer, thereby enhancing overall infrastructure performance.

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Global 5G Chipset Market Segmentation

Market Insights, by Type

· Application-specific Integrated Circuits (ASIC)

· Radio Frequency Integrated Circuits (RFIC)

· Millimeter-wave Technology Chips

· Field Programmable Gate Arrays (FPGA)

Market Insights, by Operation Frequency

· Sub-6 GHz

· Between 26 and 39 GHz

· Above 39 GHz

Market Insights, by End-Users

· Manufacturing

· Energy & Utilities

· Media & Entertainment

· IT & Telecom

· Transportation & Logistics

· Healthcare

· Others

Market Insight, by Region

· Asia Pacific

o U.S.

o Canada

o Rest of Asia Pacific

· Europe

o Germany

o U.K.

o France

o Italy

o Spain

o Rest of Europe

· APAC

o China

o Japan

o India

o South Korea

o Rest of APAC

· Rest of the World

Top Company Profiles

· Huawei Technologies, Inc

· MediaTek Inc

· Intel Corporation

· Samsung

· Infineon Technologies AG

· Qualcomm Technologies, Inc

· Unisoc Communications Inc.

· Qorvo, Inc.

· Anokiwave, Inc

· Xilinx

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