5G Processor Market Share, Analysis, Business Trends, Opportunities, Competitor Strategies, Future Prospects and Analysis of COVID-19
Research Reports
Apr 08, 2022
Market Overview
The industry trends suggest that the global 5G Processor Market is expected to cross USD 18.5 Billion in 2025. The market is projected to be growing at a CAGR of 18.3%. 5G processors as prominent market inclusions are gaining high momentum due to the increasing demand for faster processing speed and large critical data transfer.
The outbreak of the COVID 19 pandemic has impacted the manufacturers of semiconductor chips and mass production. However, the semiconductor manufacturers’ global planning and strategies by stocking excess inventories to compensate the production delays for any unforeseeable circumstances have helped combat the impact of the COVID pandemic. The effect on the semiconductor manufacturing companies and units is highly automatic and is requires less labor-intensive. Such prominent market factors have helped to support the overall growth of 5G processors during the pandemic. On the other side, the market trends suggest that there has been a rapid growth of the IT & telecom sectors. The digital economic systems present excellent opportunities for the overall development of the 5G processor industry.
The potential benefits of the products like 5G processors, such as higher transmission speed accuracy, and others like higher data transfer speeds, are propelling the manufacturing sectors and are helpful for the market verticals to deploy the 5G processors for the efficient handling of critical operations. Moreover, the trends further highlight the increasing utilization of IoT devices in automated factories. Other factors like the higher number of streaming content are presenting lucrative opportunities for the overall growth of the 5G processor market in recent years.
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Market Segmentation
The 5G processor market has been segmented based on the following:
Based on Type:
- Modem
- RFIC
- RF transceiver
- RF front end
Based on Process Node:
- Less than 10 nm
- 10–28 nm
- Above 28 nm
Based on Frequency:
- Sub-6 GHz
- 24–39 GHz
- Above 39 GHz
Based on End-user Industries:
Telecommunications
Macrocell base station
Small cell
CPE
Mobile Devices
- Smartphone
- Laptops & Tablets
- Mobile Hubs
- Robots
- Wearables
- AR/VR
Non-mobile Devices
- IoT Gateways
- Surveillance cameras
- Automobile
- Cellular V2X
Regional Analysis
Currently, the Asia-pacific region, as a part of the 5G processor market, is expected to showcase a healthy growth rate in the 5G processor industries. The main reason behind this is the increasing development, including the R&D activities in the 5G processor market. Countries like China are highly involved in developing the 5G processor industries and the 5G network infrastructure.
On the other hand, the North American region is also witnessing tremendous growth in the telecommunication sector, utilizing the 5G processors. The automated manufacturing industries functioning across the areas like Canada and the US present a lucrative opportunity for the overall development of the 5G process market across North America.
Market Key Players :
Some of the prominent market players that are helping in the expansion of the market are as follows:
- MediaTek (Taiwan)
- Analog Devices (US)
- Skyworks (US)
- Qorvo (US)
- UNISOC (China)
Industry News
In 2020, one of the leading market players, Qualcomm, launched the AI-enabled 5G robotics platform, which is considered the first development of its kind. The robotic platform is the most efficient power computing deployed in industrial and professional service applications.
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