North America 5g Chipset Market Size & Outlook, 2022-2030
North America 5g chipset market, 2019-2030 (US$M)
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North America 5g chipset market highlights
- The North America 5g chipset market generated a revenue of USD 8,114.4 million in 2022.
- The market is expected to grow at a CAGR of 18.4% 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, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 8,114.4 million |
| Market revenue in 2030 | USD 31,343.7 million |
| Growth rate | 18.4% (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, North America region accounted for 24.2% 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 |
|---|
North America 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 45.13% in 2022. Horizon Databook has segmented the North America 5g chipset market based on modems, rfics covering the revenue growth of each sub-segment from 2019 to 2030.
During the COVID-19 pandemic, the signing up for streaming services and over-the-top (OTT) platforms have risen significantly. As per Forbes's recent report, signups for Disney+, HBO Now, and Netflix witnesses record-breaking subscriptions over the last few months.
Similarly, the total average daily fixed broadband consumption per user in the U.S. has increased by nearly 3 GB in the year 2020. It is most likely to increase amidst the deployment of various 5G technologies. Due to the security concerns, key countries such as the U.S. and Canada have banned Huawei Technologies, a Chinese 5G system integrator & equipment provider, to deploy its 5G equipment across these countries.
Also, the U.S. is continuously influencing its trade partner countries such as Germany, India, and others to ban Huawei’s equipment for 5G. However, the German government has allowed Huawei Technologies Co, Ltd. to implement and integrate its 5G equipment and applications across the nation, despite influenced by the U.S.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America 5g chipset market , including forecasts for subscribers. This continent databook contains high-level insights into North America 5g chipset market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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North America 5g chipset market size, by country, 2019-2030 (US$M)
North America 5G Chipset Market Outlook Share, 2022 & 2030 (US$M)
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