The global 5G chipset market reached a market size of USD 1.49 Billion in 2020 and is expected to register a robust CAGR of 47.3% over the forecast period, according to latest analysis by Emergen Research. Increasing machine-to-machine connections is one of the key factors expected to drive global 5G chipset market growth during the forecast period. Growing demand for mobile broadband services is expected to further boost growth of the global 5G chipset market in the near future. Increasing government initiatives to create smart cities in developed and developing countries is another key factor expected to increase global 5G chipset market growth over the forecast period.
Furthermore, the report specializes in the exhaustive analysis of the macro-economic and micro-economic factors accountable for the global 5G Chipset market development in the coming years. It focuses on the regulatory framework shaping the future of the market. New and existing pricing structures, emerging application areas, and upcoming investment opportunities have also been detailed in the report. Considering the existing market development factors, historical events, and the ongoing market trends, the report offers a balanced opinion on the future scenario of the global 5G Chipset market. The report further studies the projected growth-influencing factors of the market.
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The leading market contenders listed in the report are:
Intel Corporation, Samsung Electronics Co., Ltd., Qualcomm Incorporated, MediaTek Inc, NXP Semiconductors NV, Huawei Technologies Co., Ltd., Qorvo, Inc., Infineon Technologies AG, Broadcom Inc., and Renesas Electronics Corporation
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Market Segmentations of the 5G Chipset Market
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Regional Outlook of the 5G Chipset Market
The global 5G Chipset market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global 5G Chipset market across major geographies. Furthermore, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
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