The Asia Pacific 5G Chipset Market is on a dynamic growth trajectory, projected to register a robust compound annual growth rate (CAGR) of 28% from 2022 to 2028. The region is poised to lead the global market, supported by a strong ecosystem of advanced manufacturing facilities, world-class R&D centers, and the presence of top-tier semiconductor companies across countries like China, Japan, South Korea, Taiwan, and Singapore.

Meanwhile, emerging economies such as India and nations in Southeast Asia are gaining traction. Countries like India and Singapore are rapidly developing their 5G manufacturing capabilities, drawing significant foreign investment and fostering the creation of new production hubs.

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Key Growth Drivers

A major factor fueling market expansion is the increase in product launches by major technology companies. For example, in June 2021, Samsung Electronics introduced 3GPP Rel.16 compliant chipsets, built for next-generation 5G mmWave radio frequency integrated circuits and 5G modem SoCs. These high-performance chipsets enable ultra-fast, low-latency connections, making them suitable for both commercial and consumer applications.

China’s Market Dominance

China continues to be a powerhouse in the 5G chipset landscape. Backed by its robust semiconductor manufacturing ecosystem and heavy R&D investments, China hosts a large number of key players and consistently pushes the boundaries of 5G innovation.

Market Segmentation

By Operational Frequency:

• Sub-6 GHz: Offers better data capacity than traditional 2.4 GHz, providing broader coverage and efficiency.
• 26–39 GHz: This band led the market in 2022, with strong demand from the automotive and IT & telecom sectors, and is expected to maintain the highest CAGR through 2028.
• Above 39 GHz: Gaining popularity due to its adoption in energy and utility sectors.

By End-User:

• IT & Telecom: Dominated the market with over 36% global share in 2021. 5G chipsets are widely used in telecom base stations, broadband gateways, and networking infrastructure, responding to the growing demand for high-speed, reliable connectivity—especially driven by streaming and cloud computing.
• Other Key End-Users Include:
• Manufacturing
• Energy & Utilities
• Media & Entertainment
• Transportation & Logistics
• Healthcare
• Others

By Chipset Type:

• Application-Specific Integrated Circuits (ASIC)
• Radio Frequency Integrated Circuits (RFIC)
• Millimeter-Wave Technology Chips
• Field Programmable Gate Arrays (FPGA)

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Regional Insights

Asia Pacific:

• Key Countries: China, Japan, India, South Korea, and the Rest of APAC
• The region leads the global 5G chipset market, powered by both established industry leaders and fast-growing emerging markets.

Other Regional Markets:

• North America: U.S., Canada, and Rest of North America
• Europe: Germany, U.K., France, Italy, Spain, and Rest of Europe
• Rest of the World

Leading Companies in the 5G Chipset Market:

• Huawei Technologies Co., Ltd.
• MediaTek Inc.
• Intel Corporation
• Samsung Electronics Co., Ltd.
• Infineon Technologies AG
• Qualcomm Technologies, Inc.
• Unisoc Communications Inc.
• Qorvo, Inc.
• Anokiwave, Inc.
• Xilinx, Inc.

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