Asia Pacific 5g Chipset Market Size & Outlook, 2022-2030
Asia Pacific 5g chipset market, 2019-2030 (US$M)
Related Markets
Asia Pacific 5g chipset market highlights
- The Asia Pacific 5g chipset market generated a revenue of USD 13,676.9 million in 2022.
- The market is expected to grow at a CAGR of 20.9% from 2023 to 2030.
- In terms of segment, rfics was the largest revenue generating type in 2022.
- RFICs is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, South Korea is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 13,676.9 million |
| Market revenue in 2030 | USD 62,593.9 million |
| Growth rate | 20.9% (CAGR from 2022 to 2030) |
| Largest segment | Rfics |
| Fastest growing segment | RFICs |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Modems, RFICs |
| Key market players worldwide | Huawei Technologies, MediaTek Inc, Intel Corp, Samsung Electronics Co Ltd, Infineon Technologies AG, Qualcomm Inc, Qorvo Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 40.9% of the global 5g chipset market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 62,593.9 million by 2030.
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5G Chipset Market Scope
5G Chipset Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 5g chipset market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 5g chipset market will help companies and investors design strategic landscapes.
Rfics was the largest segment with a revenue share of 44.62% in 2022. Horizon Databook has segmented the Asia Pacific 5g chipset market based on modems, rfics covering the revenue growth of each sub-segment from 2019 to 2030.
As per GVR analysis, by 2025, 5G will account for nearly half of China’s mobile connections. China's 5G adoption rate is at par with other leading 5G countries like the U.S., South Korea, and Japan. In the coming five years, the Chinese 5G operators are expected to invest more than USD 180 billion in mobile CAPEX.
As per the Ministry of Industry and Information Technology (MIIT), by the end of 2020, China will build and operate around 600,000 5G base stations. The COVID-19 pandemic has forced most of the workforce to work online and opened substantial market prospects for 5G network investments and other related technologies.
In India, 5G networks offer the ability to transform industrial sectors and provide substantial economic and social benefits. Throughout 2023–2040, the 5G technology market is expected to contribute approximately USD 450 billion to the Indian economy.
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Our clientele includes a mix of 5g chipset market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific 5g chipset market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific 5g chipset market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific 5g chipset market size, by country, 2019-2030 (US$M)
Asia Pacific 5G Chipset Market Outlook Share, 2022 & 2030 (US$M)
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