5G Chipset Market Report 2026

5G Chipset Market Overview

• 5G Chipset market size has reached to $22.29 billion in 2025 • Expected to grow to $88.56 billion in 2030 at a compound annual growth rate (CAGR) of 31.5% • Growth Driver: Rising Use Of The Internet Is Fueling The Growth Of The 5G Chipset Market • Market Trend: Pioneering Product Innovations Propel The 5G Chipset Market Forward • Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under 5G Chipset Market?

A 5G chipset is an integrated circuit, also known as a data flow management system, made up of electronic components. It is a key component added to 5G devices that helps in connecting to the next-generation network, which enables 5G packet transmission and manages the flow of information. The main types of integrated circuits in the 5G chipset are radio frequency integrated circuits (RFIC), application-specific integrated circuits (ASIC), cellular integrated circuits (cellular IC), and millimeter-wave integrated circuits (MMWAVE IC). Mobile phones and wireless devices use Radio Frequency Integrated Circuits (RFIC). These circuits are analogue circuits that usually run in the frequency range of 3 kHz to 2.4 GHz (3,000 hertz to 2.4 billion hertz). The various operational frequencies include sub-6 GHz, between 26 and 39 GHz, and above 39 GHz, and are used by several verticals such as manufacturing, energy and utilities, media and entertainment, IT and telecom, transportation and logistics, healthcare, and others.

What Is The 5G Chipset Market Growth Forecast?

The 5G chipset market size is expected to see exponential growth in the next few years. It will grow to $88.56 billion in 2030 at a compound annual growth rate (CAGR) of 31.5%. The growth in the forecast period can be attributed to expansion of private 5G networks, proliferation of connected devices, rising adoption of autonomous and smart systems, increasing edge computing deployments, growing demand for ultra reliable low latency communication. Major trends in the forecast period include integration of multi-band 5G chipsets in consumer devices, rising adoption of mmwave chipsets for ultra-low latency networks, increased demand for power-efficient 5G modems, expansion of 5G infrastructure driven chipset deployment, growing use of advanced packaging and system-on-chip designs.

Global 5G Chipset Market Segmentation

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 6 GHz, 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 Subsegments: 1) By Radio Frequency Integrated Circuit (RFIC): Power Amplifiers (PAs), Low Noise Amplifiers (LNAs), Transmitters, Receivers 2) By Application-Specific Integrated Circuit (ASIC): Digital ASICs, Analog ASICs, Mixed-Signal ASICs 3) By Cellular Integrated Circuit (Cellular IC): Modems, Baseband Processors, RF Transceivers 4) By Millimeter Wave Integrated Circuit (mmWave IC): mmWave Transceivers, mmWave Amplifiers

What Is The Driver Of The 5G Chipset Market?

The rising use of the internet is expected to propel the growth of the 5G?chipset market going forward. The internet consists of interconnected computer networks and devices that use standardized protocols to enable the exchange of data and information worldwide. The rise in internet usage is driven by increasing access to mobile devices and broadband networks, allowing more people and businesses to go online. 5G?chipsets support the rising use of the internet by enabling faster, more reliable wireless communication for mobile devices, IoT applications, and smart city infrastructure. For instance, in November 2023, according to the International Telecommunication Union is a Switzerland -based specialized agency reported that 5.4 billion people, or 67% of the global population, were using the Internet, reflecting an increase from previous years. Therefore, the rising use of the internet is driving the growth of the 5G chipset industry.

Key Players In The Global 5G Chipset Market

Major companies operating 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.; 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.

Global 5G Chipset Market Trends and Insights

Major companies operating in the 5G chipset market are focusing on developing innovative products such as gigabit 5G connectivity, enhanced power efficiency for all-day battery life, AI-enabled processing, superior camera and multimedia support, and advanced positioning technologies to meet the growing demand for high-speed, feature-rich, and affordable mobile devices. Gigabit 5G connectivity refers to network speeds of up to 1 Gbps, enabling ultra-fast downloads, smooth streaming, and low-latency mobile experiences. For instance, in July 2024, Qualcomm Technologies, Inc., a US-based wireless telecommunications product and service company, launched the Snapdragon 4s Gen 2 chipset. Designed to power affordable 5G smartphones, the chipset enables standalone (SA) 5G network compatibility at a price point as low as Rs 8,300. Its significance lies in enhancing 5G accessibility, making advanced mobile technology available to a wider population, particularly in emerging markets such as India, while positioning itself competitively against MediaTek in the budget segment.

What Are Latest Mergers And Acquisitions In The 5G Chipset Market?

In February 2024, HFCL Limited, an Indian communications product and solutions provider, entered into a partnership with MediaTek Inc. Through this collaboration, HFCL aims to integrate the MediaTek T750 5G chipset into its 5G Fixed Wireless Access (FWA) Indoor CPE devices, addressing last-mile connectivity challenges and delivering ultra-compact, energy-efficient solutions for network operators. MediaTek Inc. is a Taiwan-based fabless semiconductor company provides advanced 5G chipsets that enable high-performance wireless communication across a range of devices.

Regional Insights

Asia-Pacific was the largest region in the 5G chipset market in 2025.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the 5G Chipset Market?

The 5G chipset market consists of revenues earned by entities by providing devices and solutions to 5G wireless communication with enhanced network coverage and higher data speed. The market value includes the value of related goods sold by the service provider or included within the service offering. The 5G chipset market also includes sales of radio frequency ICs (RFICs), system-on-chips (SoCs), application-specific integrated circuits (ASICs), cellular ICs, and millimeter-wave (mm Wave) ICs. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the 5G Chipset Market Report 2026?

The 5g chipset market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the 5g chipset industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.