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The global 5G chipset market reached a market size of USD 1.49 Billion in 2020 and is expected to register a robust CAGR of 47.3% over the forecast period, according to latest analysis by Emergen Research. Increasing machine-to-machine connections is one of the key factors expected to drive global 5G chipset market growth during the forecast period.
Due to robust presence of players such as Intel Corporation, Qualcomm Incorporated, MediaTek Inc, and Broadcom Inc., among others in countries in North America, the region is expected to account for the largest revenue share contribution to the global market as compared to other regional markets during the forecast period.
Key players in the market include Intel Corporation, Samsung Electronics Co., Ltd., Qualcomm Incorporated, MediaTek Inc, NXP Semiconductors N.V, Huawei Technologies Co., Ltd., Qorvo, Inc., Infineon Technologies AG, Broadcom Inc., and Renesas Electronics Corporation.
In July 2020, Qualcomm Incorporated introduced the Snapdragon 865 and 5G smartphone platform. The platform is designed to offer improved efficiency across the boards for unparalleled gaming and incredibly fast Qualcomm Snapdragon elite gaming experience, completely global 5G, and ultra-intuitive Artificial Intelligence.
To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/5g-chipset-market