Middle East & Africa 5g Chipset Market Size & Outlook
Middle East & Africa 5g chipset market, 2019-2030 (US$M)
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MEA 5g chipset market highlights
- The MEA 5g chipset market generated a revenue of USD 1,840.4 million in 2022.
- The market is expected to grow at a CAGR of 20.7% 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, UAE is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 1,840.4 million |
| Market revenue in 2030 | USD 8,290.1 million |
| Growth rate | 20.7% (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, MEA region accounted for 5.5% 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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Middle East & Africa 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 44.64% in 2022. Horizon Databook has segmented the Middle East & Africa 5g chipset market based on modems, rfics covering the revenue growth of each sub-segment from 2019 to 2030.
The mobile phone manufacturer and telecoms supplier made headlines throughout 2020 as eleven telecom firms in the Gulf Cooperation countries (GCC) such as Saudi Arabia, UAE, Kuwait, Bahrain, and Oman have signed major 5G contracts with Huawei in the last year.
The mobile industry in the Middle East & Africa has mainly risen to the challenge of maintaining economic and social in the region during the COVID-19 outbreak, in spite of the extraordinary increase in data traffic. However, the pandemic has also underlined the effect of the digital divide as lots of people in the region still unable to access the mobile internet.
Post COVID-19 outbreak, digital connectivity is expected to play a crucial role, and it is of utmost importance to address the obstacles to mobile internet adoption and usage in the region.
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Our clientele includes a mix of 5g chipset market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa 5g chipset market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa 5g chipset market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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MEA 5g chipset market size, by country, 2019-2030 (US$M)
Middle East & Africa 5G Chipset Market Outlook Share, 2022 & 2030 (US$M)
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