Global 5G Chipset Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

The Global 5G Chipset Market has been segmented by Component, Application, End-Use, and Geography, reflecting the diverse applications and industries that are driving the growth of 5G technology. In terms of Component, the market includes key elements such as modem chips, power amplifiers, RFICs (Radio Frequency Integrated Circuits), and baseband processors. Modem chips are essential for handling the communication between the device and the network, enabling faster data transmission. Power amplifiers help in transmitting signals efficiently, while RFICs ensure smooth transmission of signals across frequencies. Baseband processors manage the modulation and demodulation of data signals, ensuring effective data flow in 5G networks. These components work together to offer high-speed connectivity and enhanced network efficiency in 5G-enabled devices.

In terms of Application, the 5G chipset market is witnessing demand across a wide range of sectors, including smartphones, automotive, IoT devices, smart cities, and industrial automation. Smartphones continue to lead the charge, as 5G chipsets enable high-speed mobile connectivity, supporting high-definition video streaming, augmented reality (AR), and virtual reality (VR) applications. The automotive sector is increasingly adopting 5G chipsets for autonomous vehicles, vehicle-to-everything (V2X) communication, and advanced driver assistance systems (ADAS). IoT devices leverage 5G technology to provide faster and more reliable connections, supporting smart homes, industrial IoT, and healthcare applications. The rise of smart cities and smart infrastructure is further boosting the demand for 5G chipsets, enabling enhanced connectivity for everything from traffic management to energy systems.

Geographically, North America is expected to hold a significant share of the global 5G chipset market, driven by strong demand from telecom operators and tech companies in the United States and Canada. These countries are at the forefront of 5G deployment, with Verizon, AT&T, and T-Mobile leading the way in 5G network rollouts. The Asia-Pacific region is expected to experience the highest growth in the market, fueled by major manufacturing hubs in China, South Korea, and Japan, where the production of 5G-enabled devices and infrastructure is booming. China, in particular, has made substantial investments in 5G technology, positioning itself as a global leader in both production and deployment. Europe is also a key market for 5G chipsets, with Germany, France, and the UK advancing in 5G infrastructure and adoption across industries. As 5G networks continue to expand worldwide, the demand for advanced chipsets is expected to increase across all regions, driving growth and innovation in the global market.

Global 5G Chipset Segment Analysis

In this report, the Global 5G Chipset Market has been segmented by Component, Application, End-Use and Geography.

Global 5G Chipset Market, Segmentation by Component

The Global 5G Chipset Market has been segmented by Component into Mm Wave IC, RFIC, Cellular IC and ASIC.

The global 5G chipset market is experiencing significant growth, driven by the increasing adoption of 5G technology across various sectors. This market is segmented by component into several key categories: mmWave IC (millimeter wave integrated circuits), RFIC (radio frequency integrated circuits), cellular IC, and ASIC (application-specific integrated circuit).

MmWave ICs are crucial components in 5G networks, operating at high frequencies and enabling faster data transmission over short distances. RFICs play a vital role in managing radio frequencies, ensuring efficient communication between devices and networks. Cellular ICs are fundamental to 5G devices, providing the core processing capabilities necessary for connectivity and data handling. ASICs, designed for specific applications in 5G infrastructure, offer optimized performance and power efficiency.

The demand for 5G chipsets is propelled by the growing need for enhanced network capacity, lower latency, and increased bandwidth to support emerging technologies such as IoT (Internet of Things), autonomous vehicles, and augmented reality. As telecommunications companies continue to roll out 5G networks worldwide, the market for 5G chipsets is expected to expand significantly, driving innovation in telecommunications and mobile technology.

The global 5G chipset market, segmented by components like mmWave IC, RFIC, cellular IC, and ASIC, is poised for robust growth fueled by the rapid adoption of 5G technology across various industries. This expansion promises to revolutionize connectivity, enabling faster and more reliable communication networks capable of supporting a wide range of advanced applications and services.

Global 5G Chipset Market, Segmentation by Application

The Global 5G Chipset Market has been segmented by Application into Customer Premises Equipment, 5G Devices and Network Infrastructure Equipment.

Customer Premises Equipment (CPE) refers to devices like routers and modems used by consumers and businesses to access 5G networks from their premises. These chipsets enable seamless connectivity and high data transfer rates, enhancing user experience in accessing internet services and applications.

5G devices encompass a wide range of consumer electronics, such as smartphones, tablets, and laptops, designed to support 5G connectivity. The adoption of 5G chipsets in these devices enables faster data speeds, lower latency, and improved reliability, driving the demand for advanced mobile technologies.

Network infrastructure equipment utilizes 5G chipsets to support the backbone of 5G networks, including base stations, antennas, and servers. These chipsets play a crucial role in enhancing network capacity, coverage, and efficiency, facilitating the rollout of 5G technology across urban and rural areas.

Key market players are focusing on developing innovative 5G chipset solutions to meet the growing demand for enhanced connectivity and performance across different applications. As 5G networks continue to expand globally, the market for 5G chipsets is expected to witness significant growth, driven by increasing investments in telecommunications infrastructure and the rising adoption of IoT and smart devices.

Global 5G Chipset Market, Segmentation by End-Use

The Global 5G Chipset Market has been segmented by End-Use into Consumer Electronics, Safety & Surveillance, Energy & Utilities, Automotive & Transportation, Retail and Healthcare.

The global 5G chipset market is experiencing rapid growth, driven by increasing demand across various industries. One of the key factors propelling this growth is the surge in consumer electronics adopting 5G technology. Devices such as smartphones, tablets, and wearables are increasingly incorporating 5G chipsets to leverage faster internet speeds and enhanced connectivity.

Another significant segment driving the market is safety and surveillance applications. The need for high-speed, reliable connectivity in surveillance systems, smart cities, and industrial IoT applications is boosting the demand for 5G chipsets. This enables real-time data transmission and better operational efficiency in these sectors.

Energy and utilities are also adopting 5G chipsets to enable smart grid technologies and improve energy management systems. The integration of 5G allows for more efficient monitoring and control of energy infrastructure, leading to cost savings and improved reliability.

In the automotive and transportation sector, 5G chipsets play a crucial role in enabling connected vehicle technologies, including autonomous driving, vehicle-to-everything (V2X) communication, and advanced driver-assistance systems (ADAS). These applications rely on low-latency and high-bandwidth connectivity provided by 5G networks, driving the demand for chipset solutions.

Retail and healthcare sectors are increasingly adopting 5G chipsets to enhance customer experiences, streamline operations, and improve healthcare services through connected devices and telemedicine solutions. This broad adoption across multiple industries underscores the versatile applications and growing significance of 5G chipsets in today's technology-driven world.

Global 5G Chipset Market, Segmentation by Geography

In this report, the Global 5G Chipset Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Global 5G Chipset Market Share (%), by Geographical Region, 2024

North America holds a significant share in the global 5G chipset market, driven by early adoption of 5G technology and substantial investments by key players in research and development. The presence of major technology companies and telecom operators further boosts market growth in this region.

Europe follows closely, with considerable investments in infrastructure and supportive regulatory frameworks enhancing the deployment of 5G networks. Countries like Germany, the UK, and France are leading in the adoption of 5G technology, contributing to the growth of the chipset market.

The Asia Pacific region is poised to witness substantial growth, fueled by large-scale deployments of 5G networks in countries like China, South Korea, and Japan. The region benefits from a strong manufacturing base for electronic components and robust government initiatives aimed at accelerating 5G adoption.

In the Middle East and Africa, initiatives towards digital transformation and increasing mobile data traffic are driving the demand for 5G chipsets. Countries in this region are focusing on expanding their telecommunications infrastructure to support advanced technologies like 5G.

Latin America is also emerging as a key market for 5G chipsets, supported by growing smartphone penetration and rising consumer demand for high-speed internet services. Investments in network modernization and partnerships between telecom operators and technology providers are further boosting market growth in this region.

This report provides an in depth analysis of various factors that impact the dynamics of Global 5G Chipset Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunities Analysis

Drivers

• Increased demand for high-speed connectivity
• Growth in IoT devices adoption
• Rising mobile data traffic
• Advancements in telecommunications infrastructure

• Government initiatives for 5G deployment: Governments worldwide are actively involved in initiatives to deploy 5G networks, recognizing the technology's potential to revolutionize communication, industry, and infrastructure. These initiatives typically include spectrum allocation, policy frameworks, and financial incentives to encourage rapid deployment. Countries like the United States, China, South Korea, and Japan have been frontrunners in allocating spectrum for 5G, auctioning off frequencies suitable for high-speed data transmission. Regulatory bodies often streamline permit processes for infrastructure installation, aiming to reduce barriers for telecom companies. Additionally, some governments provide grants or subsidies to facilitate the rollout of 5G infrastructure, particularly in underserved or rural areas.

  The global market for 5G chipsets has seen exponential growth driven by increasing demand for high-speed, low-latency connectivity across various industries. 5G chipsets are crucial components in devices ranging from smartphones to IoT devices and autonomous vehicles. Key players in the market include Qualcomm, Intel, MediaTek, Samsung Electronics, and Huawei Technologies, among others. These companies are investing heavily in research and development to improve chipset efficiency, reduce power consumption, and enhance data processing capabilities. Market dynamics are also influenced by regulatory changes, global trade policies, and technological advancements in semiconductor manufacturing. As the deployment of 5G networks accelerates worldwide, the demand for 5G chipsets is expected to continue rising, driving innovation and competition among industry leaders.

Restraints

• High initial investment costs
• Compatibility issues with existing networks
• Security and privacy concerns
• Limited coverage in rural areas

• Regulatory challenges: The global 5G chipset market is poised for significant growth, driven by increasing demand for high-speed internet connectivity and the proliferation of Internet of Things (IoT) devices. However, the market faces several regulatory challenges that could impact its expansion. One of the key challenges is spectrum allocation and regulation. 5G networks require a substantial amount of spectrum to operate efficiently, and governments around the world are tasked with allocating and managing this spectrum effectively. Delays or restrictions in spectrum allocation can slow down the deployment of 5G networks and consequently affect the demand for 5G chipsets.

  Another regulatory challenge is related to standards and interoperability. Different regions and countries may adopt slightly different standards for 5G technology, leading to potential interoperability issues between networks and devices. Regulatory bodies and industry organizations play a crucial role in harmonizing these standards to ensure seamless connectivity across borders and maximize the market potential of 5G chipsets. Additionally, privacy and security concerns surrounding 5G technology are also significant regulatory challenges that need to be addressed to foster consumer trust and ensure data protection in the deployment of 5G networks.

Opportunities

• Expansion of 5G networks globally
• Development of 5G-enabled applications
• Emergence of new business models
• Integration with AI and IoT

• Collaboration among telecom providers: In the rapidly evolving landscape of the Global 5G Chipset Market, collaboration among telecom providers plays a pivotal role in shaping the deployment and adoption of 5G technology worldwide. These collaborations are essential as they enable telecom providers to pool resources, share infrastructure, and jointly invest in the development of 5G networks. By working together, telecom companies can accelerate the rollout of 5G services, optimize network efficiency, and enhance coverage in both urban and rural areas.

  Collaboration among telecom providers fosters innovation in 5G chipset development. Companies often form alliances or consortiums to collectively advance research and development efforts, standardize technologies, and address interoperability challenges. These collaborative efforts not only drive technological advancements but also contribute to the establishment of global standards that ensure seamless integration of 5G networks across different regions. Moreover, partnerships allow telecom providers to leverage each other's strengths in spectrum management, regulatory compliance, and customer engagement strategies, thereby creating a more robust ecosystem for 5G deployment and market expansion.

Key players in Global 5G Chipset Market include:

• Huawei
• Intel
• MEDIATEK
• Intel
• Qualcomm
• Xilinx
• Samsung Electronics
• Integrated Device Technology
• IBM
• Nokia
• Infineon Technologies
• Anokiwave
• Qorvo

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis