Europe 5g Chipset Market Size & Outlook, 2022-2030
Europe 5g chipset market, 2019-2030 (US$M)
Related Markets
Europe 5g chipset market highlights
- The Europe 5g chipset market generated a revenue of USD 6,402.1 million in 2022.
- The market is expected to grow at a CAGR of 19.3% 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, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 6,402.1 million |
| Market revenue in 2030 | USD 26,198.4 million |
| Growth rate | 19.3% (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, Europe region accounted for 19.1% 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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Europe 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 Europe 5g chipset market based on modems, rfics covering the revenue growth of each sub-segment from 2019 to 2030.
The introduction of 5G technologies enables healthcare centers and emergency service agencies to deploy new and upgrade the existing infrastructure with 5G technology to deliver fast services during COVID-19 emergencies in the region. Also, it would help healthcare professionals in remote patient monitoring and remote surgeries.
Beyond the measurable impacts of mmWave 5G technology and services, various other benefits are expected, such as improved access to education, safer driving conditions, and reduced pollution.Post-COVID-19 economic recovery, the European Commission is focusing on investment-friendly and timely access 5G radio spectrum.
EC recommends removing unnecessary administrative obstacles, streamlining permit-granting for low-cost network deployment, increasing transparency, and improving the dispute resolution mechanism.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe 5g chipset market , including forecasts for subscribers. This continent databook contains high-level insights into Europe 5g chipset market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Europe 5g chipset market size, by country, 2019-2030 (US$M)
Europe 5G Chipset Market Outlook Share, 2022 & 2030 (US$M)
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