The 5G chipset market in Europe is projected to grow significantly, rising from US$ 250.4 million in 2019 to US$ 5,228.6 million by 2027, at a robust CAGR of 46.2% during the forecast period.
This growth is primarily driven by increasing demand for smartphones, the proliferation of connected devices, and the expanding Internet of Things (IoT) ecosystem—all of which require advanced network infrastructure. Additionally, the rise of new enterprise, industrial, and residential use cases is expected to unlock further opportunities for the 5G chipset market.
📚𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 – https://www.businessmarketinsights.com/sample/TIPRE00007519
The rollout of 5G networks is enabling a range of innovative applications. For instance, Fixed Wireless Access (FWA) is enhancing residential connectivity, while distributed cloud architectures are revolutionizing industrial processes. These evolving networks are designed to support diverse requirements—including high data rates, low latency, strong security, and scalability—by deploying applications across central, distributed, and edge locations.
Deploying services closer to end users reduces transport delays across the network, enabling faster access to content, improved responsiveness, and more efficient control. As these technologies gain traction, they are expected to significantly influence and accelerate the adoption of 5G chipsets throughout Europe.
The 5G chipset is used among different industry verticals under the name of the product segment, which consists of devices, customer premises equipment, and network infrastructure equipment. The devices of 5G chipset market are leading the Europe market in 2019 and is expected to continue its dominance during the forecast period. Rising urbanization and the increasing number of connected devices and the penetration of smartphones, tablets in the rural, semi-urban and urban areas are promoting the demands for a more robust network infrastructure. Also, improved coverage and available data rates, and also improved handset battery life by reduced power consumption are other factors that would boost the widespread adoption of 5G chipset.
The market for Europe includes France, Germany, Italy, Russia, and the UK, and the rest of Europe. UK dominated the 5G chipset market in 2019, however, France is expected to dominate the market with the highest share in the Europe region during the forecast period. France looks forward to establishing a legislative framework that would allow the testing of autonomous vehicles on the public roads by 2019. This is expected to nurture the market of 5G and its chipset also in the future. With respect to an initiative undertaken by telecom operators to encourage 5G commercialization, ARCEP is on the list. It is a French telco regulator to present temporary frequency authorizations to conduct 5G pilots in the 3400 – 3800 MHz and the 26 GHz band. ARCEP also enables us to make plans for above 300 MHz of contiguous spectrum by 2020. These initiatives are the fruitful activities conducted for the future of the internet, i.e., 5G. The figure given below highlights the revenue share of the rest of Europe in the 5G chipset market in the forecast period:
North America 5G Chipset Strategic Insights
Strategic insights for the North America 5G Chipset provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
North America 5G Chipset Report Scope
| Attribute | Details |
| Market Size (2019) | US$ 250.4 Million |
| Market Size (2027) | US$ 5228.6 Million |
| CAGR (2019–2027) | 46.2% |
| Historical Data | 2017–2018 |
| Forecast Period | 2020–2027 |
| Segments by Operation Frequency | Sub-6 GHz, 26–39 GHz, Above 39 GHz |
| Segments by Product | Devices, CPE, Network Infrastructure |
| Segments by End-User | Automotive, Energy, Healthcare, Retail, Building Automation, Industrial Automation, Consumer Electronics, Public Safety |
| Regions Covered | North America (US, Canada, Mexico) |
| Key Companies | Broadcom, Huawei, IBM, Infineon, Mediatek, Nokia, Qualcomm, Samsung, Ericsson, Xilinx |
North America 5G Chipset Regional Insights
The geographic scope of the North America 5G Chipset refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
EUROPE 5G CHIPSET MARKET SEGMENTATION
| Category | Segments |
| By Operation Frequency | Sub-6 GHz 26–39 GHz Above 39 GHz |
| By Product | Devices Customer Premises Equipment Network Infrastructure Equipment |
| By End-User | Automotive & Transportation Energy & Utilities Healthcare Retail Building Automation Industrial Automation Consumer Electronics Public Safety & Surveillance |
| By Country | France Germany UK Italy Russia Rest of Europe |
| Key Companies | Broadcom, Huawei, IBM, Infineon, MediaTek, Nokia, Qualcomm, Samsung, Ericsson, Xilinx |
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Author’s Bio
Akshay
Senior Market Research Expert at Business Market Insights
