The 5G Chipset Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The 5G chipset global market has experienced substantial expansion over the years. The market size is projected to increase from $16.88 billion in 2024 to $22.38 billion in 2025, showcasing a Compound Annual Growth Rate (CAGR) of 32.5%.
The 5G chipset market is anticipated to experience a significant increase in the upcoming years, reaching a market value of $68.68 billion in 2029. The compound annual growth rate (CAGR) for this period is projected to be 32.4%.
Download Your Free Sample of the 2025 5G Chipset Market Report and Uncover Key Trends Now!The key drivers in the 5g chipset market are:
• Increasing use of 5G in industrial automation and Internet of Things (IoT)
• Expanding 5G networks to enhance mobile connectivity
• Growing demand for high-bandwidth, low-latency applications
• Incorporation of 5G into autonomous vehicles and intelligent transportation systems
The 5G chipset market covered in this report is segmented –
1) By Integrated Circuit: Radio Frequency Integrated Circuit (RFIC), Application-Specific Integrated Circuit (ASIC), Cellular Integrated Circuit (Cellular IC), Millimeter Wave Integrated Circuit (mmWave IC)
2) By Operational Frequency: Sub 6GHz, Between 26 and 39 Ghz, Above 39 Ghz
3) By Vertical: Manufacturing, Energy And Utilities, Media And Entertainment, IT And Telecom, Transportation And Logistics, Healthcare, Other Verticals
The key trends in the 5g chipset market are:
• The integration of mmWave technology in 5G chipsets is a prominent emerging trend.
• Development of compact and energy-efficient 5G chipsets is shaping the future of the market.
• Implementation of AI in the design of 5G chipsets is an upcoming trend.
• There is growing focus on the use of open ran architectures and 5G chipsets for fixed wireless access.
Major companies in the 5g chipset market are:
• Qorvo Inc.
• Qualcomm Technologies Inc.
• Huawei Technologies Co. Ltd.
• Samsung Electronics Co. Ltd.
• UNISOC Communications Inc.
• Intel Corporation
• MediaTek Inc.
• Infineon Technologies AG
• Xilinx Inc.
• NOKIA CORPORATION
• Skyworks Solutions Inc.
• NXP Semiconductors
• Advanced Micro Devices Inc.
• International Business Machines Corporation
• Broadcom Inc.
• Marvell Technology Group Ltd.
• Analog Devices Inc.
• Renesas Electronics Corporation
• Fujitsu Limited
• Integrated Device Technology Inc.
• Texas Instruments Incorporated
• STMicroelectronics N. V.
• Murata Manufacturing Co. Ltd.
• Cavium Inc.
• MACOM Technology Solutions Holdings Inc.
• Anokiwave Inc.
• Sequans Communications S. A.
• MaxLinear Inc.
• Inseego Corp.
• Sierra Wireless Inc.
• Telit Communications PLC
• Quectel Wireless Solutions Co. Ltd.
• Fibocom Wireless Inc.
Asia-Pacific was the largest region in the 5G chipset market in 2024