Global 5G Semiconductor Solutions Market Overview
5G semiconductor solutions market accounted for US$ 1.5 billion in 2020 and is estimated to be US$ 10.8 billion by 2029 and is anticipated to register a CAGR of 24.5%.
In the new digital era of the high-tech sector, 5G technology has been introduced to cope up with the need for high-speed data networks ensuring reliability and low latency over 4G technology. The fifth-generation wireless technology has opened vast new applications for digital cellular networks and Machine-to-Machine (M2M) communication and others. The companies involved in the semiconductor industry have the opportunity to set new monetization models in addition to new organizational structures to reach customer bases through different routes to market. The rising demand for advanced wireless data networks, artificial intelligence, quantum computing is expected to propel the 5G semiconductor solutions market growth during the forecast period.
Impact of Covid-19 pandemic on market
The COVID-19 has attacked the social and economic condition of people across the world drastically. Countries across the globe are utilizing digital technologies to fight against the crisis. COVID-19 crisis has impacted adversely on the 5G semiconductors solution market due to the temporary shutdown of the production process utilizing advanced network solutions. Although, the companies putting efforts to enable the production of 5G semiconductors and providing its solution is likely to support the growth of the target market.
Global 5G Semiconductor Solutions Market Drivers & Restraints
The investment of companies in the high-tech technology & information and communication industry to innovate advanced semiconductor solution technologies relevant for AI and big data using 5G networks is anticipated to boost the global 5G semiconductor solutions market growth.
The demand and acceptance of high-tech infrastructure utilizing the 5G network for equipment and devices including smartphones & tablets, telecom base station equipment, and others are projected to enhance the growth of the global 5G semiconductor solutions market over the forecast period.
The factors such as rising demand for IoT solutions, industrial automation products, and advanced technological gadgets coupled with consistent development in the semiconductor ecosystem is expected to drive the growth of the 5G semiconductor solutions market significantly.
The high cost of 5G enabled semiconductors and its solution due to expensive fabrication is expected to hamper the target market. Moreover, stringent policies and standards towards the incorporation of 5G technology across various regions may hinder the growth of the 5G semiconductor solutions market in the forecast period, 2020 – 2029.
Global 5G Semiconductor Solutions Market Segmentations & Regional Insights
The global 5G Semiconductor Solutions market is segmented based on offerings, frequency, deployment, node, end-user application, and region.
On the basis of offerings, the global 5G Semiconductor Solutions market is segmented into hardware, software, and services. On the basis of deployment, the target market is segmented into automation, connected devices, connected vehicles, smart surveillance, and others.
Regional Insights:
In the region, the global 5G Semiconductor Solutions market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the worldwide leader in the 5G semiconductor solutions market, due to the high investment and capital expenditure in R&D to build a semiconductor ecosystem for applications in autonomous vehicles, smart cities applications, and others, followed by Europe and Asia. The 5G Semiconductor Solutions market is rising steadily mainly in the U.S. and Europe.
5G Semiconductor Solutions Market Report Scope:
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Attribute |
Details |
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The base year for estimation |
2020 |
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Forecast period |
2021 – 2029 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
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Market Segmentation |
By Offerings– Hardware, Software and Services By Frequency – Sub-6GHz, 24- 39 GHz and Above 39 GHz By Deployment – Automation, Connected Devices, Connected Vehicle, Smart Surveillance and Others By Node – Less than 10 nm, 10–28 nm and Above 28 nm By End User Application – Automotive, Energy & Utilities, Government, Healthcare, Manufacturing, Transportation & Logistics and Others |
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Regional Scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2029. For the purpose of this study, has segmented the global 5G Semiconductor Solutions market report based on offerings, frequency, deployment, node, end user application and region.
5G Semiconductor Solutions Market, By Offerings:
- Hardware
- Software
- Services
5G Semiconductor Solutions Market, By Frequency:
- Sub-6GHz
- 24- 39 GHz
- Above 39 GHz
5G Semiconductor Solutions Market, By Deployment:
- Automation
- Connected Devices
- Connected Vehicle
- Smart Surveillance
- Others
5G Semiconductor Solutions Market, By Node:
- Less than 10 nm
- 10–28 nm
- Above 28 nm
5G Semiconductor Solutions Market, By End User Application:
- Automotive
- Energy & Utilities
- Government
- Healthcare
- Manufacturing
- Transportation & Logistics
- Others
5G Semiconductor Solutions Market, By Region:
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2029. For the purpose of this study, has segmented the global 5G Semiconductor Solutions market report based on offerings, frequency, deployment, node, end user application and region.
Global 5G Semiconductor Solutions Market, By Offerings:
- Hardware
- Software
- Services
Global 5G Semiconductor Solutions Market, By Frequency:
- Sub-6GHz
- 24- 39 GHz
- Above 39 GHz
Global 5G Semiconductor Solutions Market, By Deployment:
- Automation
- Connected Devices
- Connected Vehicle
- Smart Surveillance
- Others
Global 5G Semiconductor Solutions Market, By Node:
- Less than 10 nm
- 10–28 nm
- Above 28 nm
Global 5G Semiconductor Solutions Market, By End User Application:
- Automotive
- Energy & Utilities
- Government
- Healthcare
- Manufacturing
- Transportation & Logistics
- Others
Global 5G Semiconductor Solutions Market, By Region:
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
Global 5G Semiconductor Solutions Market Competitive Landscape & Key Players
The key players operating in the global 5G Semiconductor Solutions market include Advanced Micro Devices, Inc, Analog Devices, Inc., AT&T Intellectual Property, Broadcom Corporation, MediaTek Inc., Qorvo, Inc, Qualcomm Technologies, Inc., Samsung, Synopsys, Inc., UNISOC, formerly Spreadtrum Communications, Inc., and many other players.
The major players are focused to provide technologies and products in multiple industry segments such as IoT, automotive, smartphones, and others to capture emerging markets across the globe. Moreover, the companies are investing in research and development of 5G semiconductors solution to improve the technology and solutions is expected to create a healthy competition among players during the forecast period, 2020 – 2029.
Global 5G Semiconductor Solutions Market Company Profile
- Advanced Micro Devices, Inc
- Analog Devices, Inc.
- AT&T Intellectual Property
- Broadcom Corporation
- MediaTek Inc.
- Qorvo, Inc
- Qualcomm Technologies, Inc.
- Samsung
- Synopsys, Inc.
- UNISOC, formerly Spreadtrum Communications, Inc.,