5G Chipset Market Size & Share

The 5G chipset market size reached US$ 40.9 Billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 136.2 Billion by 2032, exhibiting a growth rate (CAGR) of 14.3% during 2024-2032.

The global 5G chipset market has been witnessing significant growth in recent years, driven by increasing demand for high-speed and low-latency connectivity across various industries. With the deployment of 5G networks gaining momentum worldwide, need for advanced chipsets that can support the enhanced capabilities of these networks has been registering significantly high demand.