Europe 5G Chipset Market Report

Europe 5G Chipset Market Report, By Type (Radio Frequency Integrated Circuit, ASIC, Cellular IC, Mmwave IC), Processing Node (Less Than 10 Nm, 10-28 Nm, Above 28 Nm), Operational Frequency (Sub-6 Ghz, 24-39 Ghz, Above 39 Ghz), Application and Country- Europe Market Share, Trend Analysis & Forecast , 2019 - 2028

Report Code : 11287 | Publish Date : Upcoming | Industry : Technology | Geography : Europe


COVID-19 Impact Analysis on Europe 5G Chipset Market 

The exclusive COVID-19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the 5G chipset market. In addition, complete analysis of changes on the 5G chipset market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on Europe economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The 5G innovation and the chipset market were decidedly affected by the COVID-19 pandemic because of the critical utilization of remote applications which incorporates remote working, distancing, telemedicine, videoconferencing, and live real-time. Through the prevalence of the COVID-19 pandemic remote working, telemedicine, and other remote applications are the new normal and this has become amazingly significant, because of the development and deployment of advanced technologies. National and international rules ought to think about its consideration in their updates. During the COVID-19 pandemic, required social distancing and the absence of effective treatment have made telemedicine the most secure intuitive framework between patients, both infected and uninfected, and clinicians. Besides, the pandemic has changed the way people work, and more and more people are choosing to work from home (WFH). Unlike traditional work patterns, this approach has limitations and has had a significant impact on both organizations and individuals. So, this will spur the rising interest for strong innovation and their parts. Nonetheless, the slowdown of 5G deployment has represented various obstacles for producers, other than different difficulties, for instance, store network issues, labor force deficiencies, and limitations on development limited the growth of the market.

Market Overview- Europe 5G Chipset Market 

Market Drivers

The speed and reliability of 5G are expected to have a massive impact on machine-to-machine (M2M) and IoT. Key reasons for the increased adoption of new M2M technologies are better connectivity for smooth communication and low power requirement. The existing capacity of mobile networks must be able to handle billions of nodes that are expected to ascend in the next couple of years to achieve effective M2M communication. Nowadays, the network capacity is incapable of handling M2M and human-based communications, as well as their different communication patterns such as latency time. For this reason, a next-level cellular network for mobile communication, featuring hyper-connectivity and larger bandwidth, is required (e.g., 5G network). M2M communication technology will be widely used in heavy manufacturing industries and process industries (e.g., food industries) to increase the efficiency of different processes and reduce human interference with machines. M2M communication is thus expected to drive the 5G chipset market.

Market Opportunity 

The continuous development of cellular networks has enabled users to experience faster data rates with low latency. The rapid rise in data volume has been largely driven by consumer demand for video, as well as business and consumer moves to use cloud services. Demand for mobile data services is primarily driven by the rising use of services and applications in both consumer electronic devices and business-to-business (B2B) communication systems that are currently using/testing data-intensive applications such as AR and VR and 3D and ultra-HD video content.

Market Restraints 

Prices of smartphone chipsets that support 5G are likely to be more expensive than the 4G ones available currently. First-generation 5G chipsets were limited to premium smartphones from 2019. Volume deployment of 5G devices based on second-generation chipsets is being seen in 2020, and third-generation chipsets will enable performance-optimized 5G devices in 2021. Qualcomm proposes 5G support to its flagship Snapdragon 8-series SoC only, and a limited number of premium smartphones use it. The company has planned to significantly expand the 5G line-up by offering 5G the company’s 7 series and 6 series line-ups. Snapdragon 765 and Snapdragon 690 are already available for mid-range smartphones. Still, the company has not revealed any plans for 4 series chipset that are used in cheaper phones. The addition of 5G to cheaper phones would give the network technology a much broader audience. Qualcomm and MediaTek are expected to lower the prices of 5G chipsets for mid-range smartphones.

Market Growth Challenges 

Data security and information privacy concerns can potentially impede the adoption of the 5G chipset components over the forecast period. Concerns over the security of the data being exchanged over next-generation networks are rising across the globe. Various governments have responded to these concerns by drafting favorable policies and stringent regulations to ensure data security and information privacy.

Cumulative Growth Analysis

The report provides in-depth analysis of Europe 5G chipset market, market size, and compound annual growth rate (CAGR) for the forecast period of 2022-2028, considering 2021 as the base year. With increasing demand for various chipsets in various applications has led the increasing demand for market and is expected to witness the growth at a specific CAGR from 2022-2028. 

Market Segmental Overview 

The Europe 5G chipset market is segmented into type, processing node, operational frequency, application and country. 

Europe 5G Chipset Market by Type 

The 5G chipset market is studied for various type of chipset such as radio frequency integrated circuits (RFIC), ASIC, Cellular IC and mmWave IC. The ASIC segment is likely to dominate the market during the forecast period. An ASIC or application specific integrated circuit is a microchip designed for a special application, such as a kind of transmission protocol or a hand-held computer. You might contrast an ASIC with general integrated circuits, such as the microprocessor or random-access memory chips in the PC. A command interface application specific integrated circuit and an analog interface ASIC have been developed as a chip set for remote actuation and monitoring of a collection of switches, which can be used to control generic loads, pyrotechnic devices, and valves in a high radiation environment. 

Europe 5G Chipset Market by Processing Node  

The certain processing node such as less than 10 nm, 10-28 nm and above 28 nm are comprised in the Europe 5G chipset market. The 10-28 nm is also contributing to the growth of the Europe 5G chipset market. With the maturity of 28nm process technology, the market demand for 28nm products has been explosive growth, which continued to 2017. From 2015 to 2016, the primary applications for 28nm process were still mobile phone processors and basebands. After 2017, although the application of 28 nm technology in the mobile area declined, its applications in other fields like OTT boxes and smart TVs increased rapidly. The huge capacity makes these suppliers well prepared for future development of more emerging applications. 5G mobile phones have entered a period of rapid growth; however, there is still huge potential for 4G phones to achieve sales growth, and most 4G transceivers use 28nm process. 

Europe 5G Chipset Market by Operational Frequency 

The various operational frequencies such as sub-6 GHz, 24-39 GHz and above 39 GHz are comprised in the Europe 5G chipset market. The 24-39 GHz is also contributing to the growth of the Europe 5G chipset market. 24 GHz and 39 GHz are both ideal for waypoint-to-waypoint transmission in relay networks, rather than reaching out to end users. They both have five channels and are highly compatible. 24 GHz, being a lower frequency, has better range and penetration, while 39 GHz has higher data speed potential. 28-29 GHz, meanwhile, is good for fixed wireless services, such as those used by businesses. 31 GHz wireless spectrum is best used for endpoint to user network outreach, in the scheme of 5G buildout. With each unique type of spectrum having its own role, carriers will have to balance the different spectrums with their own holdings to play geographically to each band’s strengths in order to optimize their buildout. Some spectrum in these bands, of course, is already owned by carriers, but only enough to conduct limited area 5G testing. 

Europe 5G Chipset Market by Application 

The various applications of 5G chipsets comprised in the report are automotive, energy and utilities, IT infrastructure, consumer electronics and others. The consumer electronics segment is also contributing to the growth of the Europe 5G chipset market. The fifth generation of cellular network technology, 5G will revolutionize the electronics industry and provide new opportunities in consumer electronics. It will prove to be a game changer for many industries soon as it promises to be. This dramatic change driven by 5G network deployments will require a skilled labor force trained to design, install and maintain the infrastructure an equipment behind 5G. The wireless industry, which already faces a shortage of qualified and skilled technicians through effective on-the-job training, as well as classroom and online education to create a skilled labor workforce to build future generation of heterogenous networks.

Europe 5G Chipset Market by Country  

The various countries studied in the Europe 5G chipset market are UK, Germany, France, Italy and Spain. The UK is likely to dominate the Europe 5G chipset market. The 5G chipset market in Europe is foreseen to grow at a significant rate. The growth of the market in Europe is mainly driven by increasing developments (such as R&D activities, investments, and partnerships among companies) related to 5G in countries such as Germany, France, and Italy. UK is one of the major countries involved in the development of 5G network infrastructure. The UK government has been quick off the mark in coordinating and stimulating 5G research in UK.

Competitive Landscape Analysis 

The competitive landscape analysis of 5G chipset market is certainly based range of market players operating in the semiconductor market with increasing demand for production of 5G chipset. Besides, number of market players offered wide range of products for different application in various geographic locations. The market has major competitive analysis based on new product launches as well as other developments. 

The key players studied in market are Samsung Electronics Co., Ltd., Anokiwave Inc., Broadcom Inc., Cavium Inc., Huawei Technologies Co., Ltd., Infineon Technologies AG, Intel Corporation, Macom Technology Solutions, MediaTek Inc., Nokia Corporation, NXP Semiconductors NV, Qorvo Inc., Qualcomm Technologies Inc., Renesas Electronics Corporation, Texas Instruments Inc., Unisoc Communications, Inc., among others.

5G Chipset Market Summary 

5G Chipset is a set of electronic components that make up an integrated circuit. A chipset can also be referred to as a data flow management system. A chipset’s feature is to manage the flow of information that passes via the computer for the proper functioning of the computer. 5G is the 5th era of mobile networking technology. 5G technology strives to supply a bigger amount of data to a much wider scope of gadgets. A 5G chipset is an essential element of 5G gadgets because the chipset is involved in numerous functions of the computer. 5G chipsets allow 5G packet transmission on smartphones, portable hotspots, IoT gadgets, and increasingly, notebook PCs with mobile network capabilities.

Scope of the Report:

  • Market Sizing for Year: 2021-2028
  • Base Year: 2021
  • Forecast Period: 2022-2028
  • Value: USD million 
  • Market Segment studied: Type, Processing Node, Operational Frequency, Application and Country.
  • Market Players and its Competitors: Samsung Electronics Co., Ltd., Anokiwave Inc., Broadcom Inc., Cavium Inc., Huawei Technologies Co., Ltd., Infineon Technologies AG, Intel Corporation, Macom Technology Solutions, MediaTek Inc., Nokia Corporation, NXP Semiconductors NV, Qorvo Inc., Qualcomm Technologies Inc., Renesas Electronics Corporation, Texas Instruments Inc., Unisoc Communications, Inc., among others.

FAQ SECTION-

1. What are the restraints for the 5G chipset market?

Ans. The high cost of a 5G chipset for mobile is the major restraining factor that limits the market growth.

2. Who are the key players in the 5G chipset market?

Ans: The key players studied in market are Samsung Electronics Co., Ltd., Anokiwave Inc., Broadcom Inc., Cavium Inc., Huawei Technologies Co., Ltd., Infineon Technologies AG, Intel Corporation, Macom Technology Solutions, MediaTek Inc., Nokia Corporation, NXP Semiconductors NV, Qorvo Inc., Qualcomm Technologies Inc., Renesas Electronics Corporation, Texas Instruments Inc., Unisoc Communications, Inc., among others.

3. Which are the major end uses of the 5G chipset market?

Ans: The major end uses of 5G chipset market comprises telecommunication, mobile devices, non-mobile devices and automobile.