The Asia Pacific 5G Chipset Market is expected to witness market growth of 19.9% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific 5G Chipset Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $17.60 billion by 2031. The Japan market is registering a CAGR of 19.2% during 2024-2031. Additionally, the India market would capture a CAGR of 20.7% during 2024-2031.
High-speed connectivity is essential for the efficient operation of a variety of IoT devices, including smart household gadgets and wearables, as well as smartphones, tablets, and laptops. The introduction of 5G aims to address these needs, offering data speeds up to 100 times faster than 4G and significantly lower latency. This transformation enables the seamless transmission of ultra-high-definition video, real-time gaming, and advanced applications such as augmented reality (AR) and virtual reality (VR), all of which necessitate highly reliable connectivity and high data throughput. Consequently, the increasing adoption of 5G-enabled devices is fueling the demand for 5G chipsets as manufacturers strive to equip their products with the latest connectivity technologies to meet consumer expectations.
5G technology provides the infrastructure for the massive interconnectivity required by Internet of Things (IoT) devices, supporting a high density of connections per square kilometer. This is particularly beneficial for industrial IoT applications, where multiple sensors, machines, and systems need to communicate with each other in real-time to ensure efficient operations. The use of 5G in industrial automation, smart cities, and healthcare applications is transforming how industries operate, leading to increased efficiency, reduced costs, and enhanced safety.
In Australia, the demand for 5G chipsets has been significantly influenced by the development of smart cities. The "Smart Cities and Suburbs Program" of the Australian government has funded various initiatives that integrate 5G and IoT solutions for urban development. Cities like Melbourne and Sydney have implemented smart lighting, traffic management systems, and environmental monitoring using 5G connectivity, as the Department of Infrastructure, Transport, Regional Development, and Communications reported. The introduction of 5G has enabled these cities to manage traffic flow in real-time, reduce congestion, and improve public transport efficiency. The diverse applications of 5G, from smart city projects to industrial automation and connected devices, are positioning the Asia-Pacific region as a leader in adopting and developing next-generation technologies, contributing significantly to the growth of the 5G chipset market.
The China market dominated the Asia Pacific 5G Chipset Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $17.60 billion by 2031. The Japan market is registering a CAGR of 19.2% during 2024-2031. Additionally, the India market would capture a CAGR of 20.7% during 2024-2031.
High-speed connectivity is essential for the efficient operation of a variety of IoT devices, including smart household gadgets and wearables, as well as smartphones, tablets, and laptops. The introduction of 5G aims to address these needs, offering data speeds up to 100 times faster than 4G and significantly lower latency. This transformation enables the seamless transmission of ultra-high-definition video, real-time gaming, and advanced applications such as augmented reality (AR) and virtual reality (VR), all of which necessitate highly reliable connectivity and high data throughput. Consequently, the increasing adoption of 5G-enabled devices is fueling the demand for 5G chipsets as manufacturers strive to equip their products with the latest connectivity technologies to meet consumer expectations.
5G technology provides the infrastructure for the massive interconnectivity required by Internet of Things (IoT) devices, supporting a high density of connections per square kilometer. This is particularly beneficial for industrial IoT applications, where multiple sensors, machines, and systems need to communicate with each other in real-time to ensure efficient operations. The use of 5G in industrial automation, smart cities, and healthcare applications is transforming how industries operate, leading to increased efficiency, reduced costs, and enhanced safety.
In Australia, the demand for 5G chipsets has been significantly influenced by the development of smart cities. The "Smart Cities and Suburbs Program" of the Australian government has funded various initiatives that integrate 5G and IoT solutions for urban development. Cities like Melbourne and Sydney have implemented smart lighting, traffic management systems, and environmental monitoring using 5G connectivity, as the Department of Infrastructure, Transport, Regional Development, and Communications reported. The introduction of 5G has enabled these cities to manage traffic flow in real-time, reduce congestion, and improve public transport efficiency. The diverse applications of 5G, from smart city projects to industrial automation and connected devices, are positioning the Asia-Pacific region as a leader in adopting and developing next-generation technologies, contributing significantly to the growth of the 5G chipset market.
List of Key Companies Profiled
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- Broadcom, Inc.
- Intel Corporation
- Nokia Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- Qorvo, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Infineon Technologies AG
- Marvell Technology, Inc.
- NXP Semiconductors N.V.
Market Report Segmentation
By Operational Frequency- Sub 6GHz
- Between 26 & 39 Ghz
- Above 39 Ghz
- ASIC
- RFIC
- Cellular IC
- mmWave IC
- Devices
- Customer Premises Equipment
- Network Infrastructure Equipment
- Consumer Electronics
- Automotive & Transportation
- Industrial Automation
- Energy & Utilities
- Healthcare
- Retail
- Other Industry Vertical
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Asia Pacific 5G Chipset Market by Operational Frequency
Chapter 6. Asia Pacific 5G Chipset Market by IC Type
Chapter 7. Asia Pacific 5G Chipset Market by Product
Chapter 8. Asia Pacific 5G Chipset Market by Industry Vertical
Chapter 9. Asia Pacific 5G Chipset Market by Country
Chapter 10. Company Profiles
Companies Mentioned
Some of the key companies profiled in this Asia Pacific 5G Chipset Market include:- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- Broadcom, Inc.
- Intel Corporation
- Nokia Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- Qorvo, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Infineon Technologies AG
- Marvell Technology, Inc.
- NXP Semiconductors N.V.
Methodology
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