Asia Pacific 5G Chipset Market to Register a Stout Growth by End 2027

News

Driving factors such as a rise in demand for a reliable communication network and rapid growth in the developments of smartphones are driving the growth of the . Further, encouraging government investments to develop 5G technology is expected to facilitate significant growth opportunities for the 5G chipset market. The adoption of smartphone adoption continues to expand globally. This is fuelled by the multimode 3G/4G LTE connectivity, robust mobile processors, advanced features of multimedia, and superior location awareness capabilities, among other features. Approximately 1.5 billion smartphones were shipped in 2017, globally, which is consistent year-over-year. Most of the growth is projected in the emerging regions, where smartphones account for approximately 70% of the total handset shipments. Further, growth in the smartphone demand has also been driven by a variety of affordable and flexible data plans that are being offered by mobile operators. Smartphone has become prominently in-demand for social networking, gaming, music, email, and web browsing, among other functionalities. It is anticipated that the 5G connectivity would further drive innovations and would increase consumer demand by offering enhanced connectivity. This is expected to proliferate the market for 5G chipset.

The Asia Pacific 5G Chipset market is growing along with the Electronics and Semiconductor industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

The Business Market Insights subscription helps clients understand the ongoing market trends, identify opportunities, and make informed decisions through the reports in the Subscription Platform. The Industry reports available in the subscription provide an in-depth analysis on various market topics and enable clients to line up remunerative opportunities. The reports provide the market size & forecast, drivers, challenges, trends, and more.

Download FREE Sample PDF Brochure at

https://www.businessmarketinsights.com/sample/TIPRE00007517

China dominated the 5G chipset market in 2019 and is expected to dominate the market with the highest share in the Asia Pacific region through the forecast period. Strong backing from the government is helping propel 5G in China. For instance, 5G is quoted amongst the strategic priority in the list of government’s 13th Five-year Plan. The government has awarded grants to technology heavyweights such as Huawei and ZTE, which has received nearly US$72 Mn for the 5G technological development. The country’s largest telecommunication providers projects to spend around US$ 411 Bn to roll out 5G by 2030. Also, the IIoT is expected to be a 5G’s most vital use case in assisting China’s “Made in China 2025” initiative. Moreover, the Ministry of Industry and Information Technology (MIIT) of China has sanctioned the testing of 5G technology by using 4.8-5.0 GHz, 24.75-27.5 GHz, and 37-42.5 GHz spectrum bands.

These factors are expected to offer broad growth opportunities in the Electronics and Semiconductor industry and this is expected to cause the demand for Asia Pacific 5G Chipset in the market.

Business Market Insights reports focus upon client objectives, use standard research methodologies and exclusive analytical models, combined with robust business acumen, which provides precise and insightful results.

Business Market Insights reports are useful not only for corporate and academic professionals but also for consulting, research firms, PEVC firms, and professional services firms.

Asia Pacific 5G Chipset Market – MARKET SEGMENTATION

By Operation Frequency

  • Sub-6 GHz
  • Between 26 and 39 GHz
  • Above 39 GHz

By Product

  • Devices
  • Customer Premises Equipment
  • Network Infrastructure Equipment

By End-User

  • Automotive & Transportation
  • Energy & Utilities
  • Healthcare
  • Retail
  • Building Automation
  • Industrial Automation
  • Consumer Electronics
  • Public Safety & Surveillance

By Country

  • Australia
  • South Korea
  • China
  • India
  • Japan
  • Rest of APAC


5G Chipset Market – Companies Mentioned

  • Broadcom, Inc.
  • Huawei Technologies Co., Ltd.
  • International Business Machines Corporation
  • Infineon Technologies AG
  • Mediatek Inc.
  • Nokia Corporation
  • Qualcomm Incorporated
  • Samsung Electronics Co., Ltd.
  • Telefonaktiebolaget Lm Ericsson
  • Xilinx, Inc.

Business Market Insights provides affordable subscription with pay as per requirement at https://www.businessmarketinsights.com/TIPRE00007517/checkout/basic/single/monthly

(30-day subscription plans prove to be very cost-effective with no compromise on the quality of reports)

Benefits with Business Market Insights

  • One Stop Platform to All the Market Insight Needs
  • Avoid Long Purchase Procedures
  • Fast and Easy Access
  • Cloud-Based Platform
  • News Updates
  • Ask the Analyst Support
  • Pay Monthly Subscription and Access All You Want
  • No Compulsion for Yearly Subscription
  • Reports Read or Download Access
  • Monthly New Reports Added
  • Affordable Product, Pay as Per Requirement

About Business Market Insights

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

For Subscription contact

Business Market Insights

Phone : +442081254005
E-Mail : [email protected]