The 5G Chipset Market size was estimated at USD 22.5 billion in 2023 and is projected to reach USD 65 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 15.20% during the forecast period (2024-2030).

5G Chipset Market

Market Summary

The 5G chipset market represents a critical segment within the semiconductor and electronics industry, driven by the global transition to fifth-generation wireless technology. These chipsets are integral components in devices and infrastructure that enable high-speed, low-latency communication, supporting a wide array of applications from enhanced mobile broadband to massive IoT deployments. The market encompasses a diverse ecosystem of manufacturers developing integrated circuits, modems, and radio frequency components specifically engineered for 5G networks. As telecommunications providers worldwide continue to roll out and expand their 5G infrastructure, demand for these advanced chipsets is experiencing significant growth. The industry is characterized by rapid technological evolution, intense competition among key players, and a complex supply chain. Innovation focuses on improving performance metrics such as data throughput, energy efficiency, and support for new frequency bands including millimeter wave. The development of these components is crucial for enabling next-generation applications across consumer electronics, automotive, industrial automation, and smart city infrastructure, positioning the 5G chipset market as a foundational element of the broader digital transformation occurring across global industries.

Key Highlights

The 5G chipset market is distinguished by several pivotal developments that underscore its dynamic nature and strategic importance. A primary highlight is the intense competition among leading semiconductor companies such as Qualcomm, MediaTek, Samsung Electronics, and Intel, each vying for market share through continuous innovation in modem technology and system-on-chip designs. Another significant aspect is the diversification of 5G chipset applications beyond smartphones into new verticals including fixed wireless access terminals, automotive telematics, industrial IoT devices, and portable personal computing equipment. The technological progression towards integrated mmWave and sub-6 GHz solutions within single chipset architectures represents a major engineering achievement, enabling devices to access the full spectrum of 5G capabilities. Furthermore, the industry is witnessing increased investment in research and development focused on reducing power consumption and thermal output, which are critical for mobile device performance and battery life. The emergence of specialized chipsets for network infrastructure equipment, including small cells and massive MIMO systems, highlights the expanding scope of this market. These developments collectively indicate a sector that is not only growing but also evolving in complexity and technological sophistication.

Drivers, Opportunities & Restraints

Multiple factors drive the expansion of the 5G chipset market, with the most significant being the accelerating global deployment of 5G network infrastructure by telecommunications operators. This build-out creates sustained demand for chipsets in both network equipment and end-user devices. The proliferation of bandwidth-intensive applications such as ultra-high-definition video streaming, augmented reality, and cloud gaming further fuels the need for advanced 5G connectivity solutions. Additionally, governmental initiatives and spectrum allocations across various countries provide regulatory support for 5G adoption. The market presents substantial opportunities in emerging application areas, particularly within the automotive sector for connected vehicles and autonomous driving systems, industrial automation for smart manufacturing, and healthcare for remote patient monitoring and telemedicine solutions. The growing Internet of Things ecosystem, requiring massive machine-type communications, represents another significant growth avenue for specialized 5G chipsets. However, the market faces several restraints including the high development costs associated with cutting-edge semiconductor design and manufacturing processes. Technical challenges related to heat dissipation in compact form factors and signal integrity at millimeter wave frequencies present ongoing engineering obstacles. Geopolitical factors affecting semiconductor supply chains and intellectual property disputes among major players also create market uncertainties that could impact growth trajectories.

Concentration Insights

The competitive landscape of the 5G chipset market demonstrates a relatively concentrated structure with a handful of dominant players controlling significant market share. Qualcomm Incorporated maintains a leadership position through its extensive portfolio of 5G modems and platform solutions, particularly in the premium smartphone segment. MediaTek has achieved substantial growth with its competitive offerings in the mid-range device market, leveraging its strength in system-on-chip integration. Samsung Electronics capitalizes on its vertical integration capabilities, supplying chipsets for its own mobile devices while also serving external customers. Intel Corporation focuses on infrastructure and network solutions, providing chipsets for base stations and core network equipment. Huawei's HiSilicon division, despite facing regulatory challenges, has developed advanced 5G chipset technology primarily for its internal use. Beyond these major players, several specialized companies including Unisoc, Xilinx (now part of AMD), and Marvell Technology contribute to specific market segments. The concentration is particularly evident in the modem technology space, where intellectual property and patent portfolios create significant barriers to entry. However, the market also features numerous smaller companies and startups focusing on niche applications or specific technological innovations, particularly in the RF component and infrastructure segments, indicating opportunities for diversification within the concentrated competitive environment.

Type Insights

The 5G chipset market can be segmented by type based on frequency support and integration level, with distinct product categories addressing different market needs. Modem chips represent a fundamental category, handling signal processing and protocol management for 5G connectivity, with offerings ranging from discrete modems to integrated solutions combined with application processors. Radio frequency integrated circuits constitute another critical segment, including components such as power amplifiers, low-noise amplifiers, filters, and switches specifically designed for 5G frequency bands. These RF components face particular engineering challenges at millimeter wave frequencies, requiring advanced packaging and antenna integration technologies. Integrated system-on-chip solutions that combine modem, application processor, and other functionalities into a single package are gaining prominence, particularly in mobile devices where space and power efficiency are paramount. Another important categorization distinguishes between sub-6 GHz chipsets and millimeter wave solutions, with many modern chipsets now supporting both frequency ranges to provide comprehensive 5G coverage. Infrastructure-grade chipsets designed for base stations, small cells, and other network equipment represent a specialized category with different performance requirements compared to consumer device chipsets. The market also includes developing categories such as dedicated IoT chipsets optimized for massive machine-type communications with ultra-low power consumption profiles.

Application Insights

5G chipsets find applications across an increasingly diverse range of industries and device categories, demonstrating the technology's transformative potential. The smartphone segment continues to represent the largest application area, with virtually all premium and mid-range devices now incorporating 5G connectivity capabilities. Beyond mobile handsets, the consumer electronics category includes tablets, laptops, augmented and virtual reality headsets, and fixed wireless access customer premises equipment that leverage 5G chipsets for high-speed connectivity. The automotive industry represents a growing application segment, with 5G chipsets enabling enhanced telematics, vehicle-to-everything communication, infotainment systems, and eventually supporting autonomous driving functionalities. Industrial applications constitute another significant area, including manufacturing automation, remote monitoring and control systems, and industrial IoT deployments that benefit from 5G's low latency and reliability characteristics. The healthcare sector is adopting 5G technology for applications such as remote patient monitoring, telemedicine solutions, and connected medical devices. Additionally, smart city infrastructure including traffic management systems, public safety networks, and environmental monitoring deployments increasingly incorporate 5G connectivity. The breadth of these applications demonstrates how 5G chipset technology is becoming embedded across multiple facets of the modern digital economy.

Regional Insights

The adoption and development of 5G chipset technology varies significantly across global regions, influenced by infrastructure deployment??, regulatory environments, and local manufacturing capabilities. Asia Pacific represents both the largest market and manufacturing hub for 5G chipsets, with countries including China, South Korea, and Taiwan hosting major semiconductor companies and extensive device manufacturing ecosystems. South Korea and China were among the first countries to deploy nationwide 5G networks, driving early adoption of compatible devices and chipsets. North America, particularly the United States, maintains a strong position in chip design and development, with several leading companies headquartered in the region. The rollout of 5G networks across major US carriers has progressed substantially, though deployment strategies have varied between sub-6 GHz and millimeter wave emphasis. European markets show steady growth in 5G adoption, with telecommunications operators across major economies including Germany, the United Kingdom, and France expanding their network coverage. The European market also demonstrates strength in industrial and automotive applications of 5G technology. Other regions including Latin America, Middle East, and Africa are at earlier stages of 5G deployment, presenting future growth opportunities as network infrastructure expands and device affordability improves in these markets.

Company Insights

The competitive landscape of the 5G chipset market features several established semiconductor companies with distinct strengths and strategic positions. Qualcomm Incorporated maintains technological leadership through its comprehensive portfolio of 5G modem-RF systems and platform solutions, with strong intellectual property in modem technology and relationships across the mobile industry. MediaTek has achieved significant market share growth by offering competitive system-on-chip solutions that integrate 5G modems with application processors, particularly successful in the mid-range smartphone segment. Samsung Electronics leverages its vertical integration strategy, developing Exynos-branded 5G chipsets for its mobile devices while also supplying select external customers and manufacturing chips for other companies through its foundry business. Intel Corporation has focused its 5G efforts on network infrastructure solutions, providing processors and accelerators for base stations and core network equipment, though it has exited the smartphone modem business. Huawei's HiSilicon division developed advanced 5G chipset technology for the company's networking equipment and mobile devices, though external sales have been limited by trade restrictions. Beyond these major players, companies including Unisoc, Xilinx (now part of AMD), and Marvell Technology provide specialized solutions for specific market segments, while numerous smaller companies focus on RF components and other specialized areas of the 5G ecosystem.

Recent Developments

The 5G chipset market has witnessed several significant developments reflecting the rapid pace of technological advancement and strategic repositioning within the industry. Major players have announced next-generation modem technologies supporting advanced features including carrier aggregation across more frequency bands, improved millimeter wave performance, and enhanced power efficiency. Integration trends continue with companies introducing single-chip solutions that combine modem, application processor, and AI processing capabilities for space-constrained devices. The industry has seen increased focus on developing chipsets optimized for specific applications beyond smartphones, including dedicated solutions for fixed wireless access terminals, automotive applications, and industrial IoT devices. Partnerships and collaborations between chipset manufacturers, device makers, and network equipment providers have intensified to ensure compatibility and optimize performance across the 5G ecosystem. Manufacturing advancements have enabled production of chipsets using more advanced process nodes, contributing to improved performance and power characteristics. The market has also witnessed strategic shifts including Intel's exit from the smartphone modem business and subsequent agreements, reflecting the challenges and opportunities in this capital-intensive sector. These developments collectively indicate an industry in transition, with companies positioning themselves for the next phase of 5G adoption and the eventual transition toward 6G technologies.

Report Segmentation

The comprehensive analysis of the 5G chipset market incorporates multiple segmentation approaches to provide detailed insights into market dynamics and opportunities. The report categorizes the market by product type, distinguishing between modem chips, RF integrated circuits, and integrated system-on-chip solutions, with further breakdown by frequency support including sub-6 GHz and millimeter wave variants. Application segmentation covers smartphones, tablets and laptops, fixed wireless access devices, automotive and transportation systems, industrial automation equipment, healthcare devices, and other emerging application areas. The analysis provides regional segmentation covering major geographic markets including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, with further country-level analysis for key markets within these regions. Additional segmentation considers integration level, distinguishing between discrete and integrated solutions, and technological generation, accounting for different releases of 3GPP specifications. The report also examines the market through the lens of manufacturing process technology, analyzing chips produced at different nanometer nodes and their respective performance characteristics. This multi-dimensional segmentation approach enables comprehensive understanding of market dynamics across different product categories, applications, geographic regions, and technological generations.

FAQs

What is a 5G chipset and how does it work? A 5G chipset is an integrated circuit or collection of components designed to enable devices to connect to 5G networks. It typically includes a modem that handles signal processing and protocol management, along with radio frequency components for transmitting and receiving signals. These chipsets work by converting digital data into radio waves for transmission and performing the reverse process for reception, supporting the advanced capabilities of 5G technology including higher data rates, lower latency, and increased connection density compared to previous generations.

Which companies are leading in the 5G chipset market? The market is dominated by several established semiconductor companies including Qualcomm, MediaTek, Samsung Electronics, and Intel. Qualcomm maintains a strong position particularly in premium smartphone modems, while MediaTek has achieved significant market share in the mid-range segment. Samsung leverages its vertical integration strategy for its mobile devices, and Intel focuses on network infrastructure solutions. Other notable players include Huawei's HiSilicon, Unisoc, and various specialized component manufacturers.

What are the key applications for 5G chipsets beyond smartphones? Beyond smartphones, 5G chipsets are increasingly used in numerous applications including fixed wireless access terminals for broadband connectivity, automotive systems for connected car features and eventually autonomous driving, industrial automation equipment for smart manufacturing, healthcare devices for remote monitoring, and various IoT devices requiring reliable wireless connectivity. The technology is also being incorporated into laptops, tablets, and augmented reality devices.

What are the main technological challenges in 5G chipset development? Key challenges include managing heat dissipation in compact form factors, especially with millimeter wave technology that generates significant heat; achieving efficient power consumption to preserve battery life in mobile devices; ensuring signal integrity at high frequencies; integrating multiple components into increasingly small packages; and supporting the complex carrier aggregation requirements of modern 5G networks. Additionally, designing chips that can operate across diverse frequency bands from sub-6 GHz to millimeter wave presents significant engineering challenges.

How does the 5G chipset market differ from previous cellular generations? The 5G chipset market differs from previous generations in several aspects: it requires support for a much wider range of frequency bands including millimeter wave; it demands more advanced integration of modem and RF components; it must handle significantly higher data rates and lower latency requirements; and it needs to support diverse application scenarios from enhanced mobile broadband to massive IoT and critical communications. The market also features more intense competition and faster technological evolution compared to previous generational transitions.

What future developments are expected in the 5G chipset market? Future developments likely include further integration of components into more compact system-on-chip designs, improved energy efficiency for longer battery life, enhanced support for millimeter wave frequencies with better beamforming capabilities, increased AI processing integration for network optimization, and development of specialized chipsets for vertical applications such as automotive and industrial IoT. The market will also evolve toward supporting later 3GPP releases and eventually begin transitioning toward 6G technology research and development.

Citius Research has developed a research report titled “5G Chipset Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• 5G Chipset Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The 5G Chipset Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

5G Chipset Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

5G Chipset Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of 5G Chipset Market
• Research Methodology
• Executive Summary
• Market Dynamics of 5G Chipset Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of 5G Chipset Market
• Cost and Gross Margin Analysis of 5G Chipset Market
• 5G Chipset Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “5G Chipset Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

5G Chipset Market Key Stakeholders

Below are the key stakeholders for the 5G Chipset Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

5G Chipset Market Report Scope

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the 5G Chipset Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the 5G Chipset Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in 5G Chipset Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

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