5g Chipsets Market Report
Industry revenue for 5g Chipsets is estimated to rise to $389.0 billion by 2035 from $38.3 billion of 2023.
5G Chipsets Market Set to Hit $389.0 Billion by 2035
Market Overview
According to recent research by DataString Consulting, the 5G Chipsets Market is poised for explosive growth, reaching $389.0 billion by 2035, a tenfold increase from $38.3 billion in 2023. This surge is driven by the rapid adoption of 5G technologies across key industries including smartphones, connected vehicles, IoT devices, and industrial automation.
5G Chipsets: Powering the Future of Connectivity
5G chipsets are transforming how we experience mobile technology, offering ultra-fast download speeds, real-time streaming, and low-latency communication. Major players like Qualcomm and MediaTek dominate smartphone chipset production, while Intel and Huawei focus on developing 5G chipsets for automotive and industrial IoT.
The fifth-generation chipsets are enabling revolutionary use cases such as:
Autonomous driving and V2X (Vehicle-to-Everything) communication
Smart manufacturing and industrial IoT
Seamless real-time control in smart cities and automated systems
Explore the full report: 👉 Detailed Analysis – 5G Chipsets Market Report
Key Market Drivers
Expansion of global 5G networks
Growing demand for smartphones and connected cars
Advancements in mmWave and RFIC technologies
Rising adoption in smart cities and broadband gateways
Leading Players & Strategic Initiatives
The market is fiercely competitive, with a number of key players implementing differentiated strategies:
Leading Providers
Strategic Focus
Qualcomm
Developing power-efficient 5G modems to extend battery life
Intel
Collaborating with automotive OEMs to enable autonomous driving
Huawei
Designing 5G chipsets tailored for high-density IoT networks
Nokia
Delivering 5G solutions for industrial real-time control systems
Other Notable Players:
MediaTek, Samsung, Broadcom, Ericsson, ZTE, Skyworks, Xilinx, Murata Manufacturing
Regional Insights
North America: Market Leader
Home to major innovators like Qualcomm and Intel
Strong network infrastructure and early 5G deployment
High demand from the consumer electronics and automotive sectors
Asia-Pacific: Fastest-Growing Region
Rapid 5G rollout in China, South Korea, and Japan
Manufacturing hub for smartphones and chipsets
Top 3 Demand Hubs
United States
China
South Korea
Market Segmentation Covered in the Report
By Type: Modem, RFIC, Baseband Processor, mmWave Chipset
By Deployment Type: Standalone, Non-Standalone
By Application: Smartphones, Connected Vehicles, IoT Devices, Broadband Access Gateways, Industrial Automation
Geographic Coverage: Insights across 20+ countries
About DataString Consulting
DataString Consulting is a premier provider of tailored market research and strategic advisory services for both B2B and B2C businesses. We specialize in:
TAM Expansion & Revenue Diversification
Competitive Landscape Mapping
Opportunity Sizing & Go-to-Market Strategy
With over 30 years of combined experience, our experts continuously monitor 15+ industries and 60+ sub-industries to provide real-time, actionable insights that drive growth.
Contact Us
Mr. Swarup Sahu 📞 USA: +1-430-213-4811 ✉️ Email: sales@datastringconsulting.com
Last updated