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Global 5G Chipset Market to Reach $22.41 Billion by 2026, Growing at a CAGR of 49.2% - Report Analysis by IC Type, Operational Frequency, Product, End-User Industry and Geography - ResearchAndMarkets.comThe "5G Chipset Market by IC Type, Operational Frequency, Product, End-User Industry, and Geography - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering. The 5G chipset market is expected to be worth USD 2.03 billion in 2020 and is likely to reach USD 22.41 billion by 2026, at a CAGR of 49.2% from 2020 to 2026. The growth of the 5G chipset market can be attributed to the growing demand for high-speed internet and broad network coverage with reduced latency and power consumption and increasing M2M/IoT connections. However, high hardware cost involved in terrestrial network densification is restraining the growth of the 5G chipset market. Sub-6 GHz operational frequency is expected to account for the largest market share from 2020 to 2026. The wide availability of this frequency band and the ability to cater to multiple 5G use cases are likely to be the prime factors driving the adoption of this spectrum. The 5G chipset market for the automotive & tranportation end-user industry is expected to grow at the highest CAGR during the forecast period. Market Dynamics Drivers
Restraints
Opportunities
Challenges
Key Topics Covered 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 5G Chipset Market, By IC Type 7 5G Chipset Market, By Operational Frequency 8 5G Chipset Market, By Product 9 5G Chipset Market, By End-User Industry 10 5G Chipset Market, Geographic Analysis 11 Competitive Landscape 12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/fcq6zq/global_5g_chipset?w=4 View source version on businesswire.com: https://www.businesswire.com/news/home/20180618005499/en/ |
