Home >> News >> 5G Chipset Market expected to be valued at US$ 1,051.2 Mn by the end of 2019

5G Chipset Market expected to be valued at US$ 1,051.2 Mn by the end of 2019

Credence Research says that the global 5G chipset market is estimated to be valued at US$ 1,051.2 Mn by the end of 2019 and expected to grow at a 39.5% CAGR during the forecast period from 2019 to 2027

The best way to change technology is probably the mobile phone. By the way, there has been a major change in mobile communication. Many companies are preparing to turn the 5G mobile.

Will this technology change your way of living?

A mobile app that can take interviews, the incoming time is 5G, i.e., the fifth generation of the cellular network, and it is going to be different from the previous mobile network.
1G gave us an analog phone so that we could call each other, it is possible to send messages and send voice after 2G arrival, 3G simplifies the use of smartphones and digital broadband services, 4G gave fast speed for all these things, but 5G is like going from Earth to Mars. It is not just fast but a completely different world. In this world, the machine will talk to each other, will talk to you.

Leading Companies in 5G ChipsetInfineon Technologies, Qualcomm Technologies, MediaTek Inc., Intel Corporation, Qorvo Inc., Broadcom, Inc., Xilinx Inc., Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd. , Analog Devices Inc., Anokiwave Inc., Nokia Corporation, IBM Corporation, and among others.

pic credit Credence Research

Market Insights

The 5G chipset market is still in a developing/testing stage. In the coming years, demand for 5G chipsets will rise with full marketing and deployment of 5G network technology. One of the key drivers of demand for next-generation network technology such as 5G is increased demand for high-speed Internet and growing adoption of technologies such as Big Data, the Internet of Things (IoT) and artificial intelligence. The technologies mentioned above are becoming widely accepted across vertical industry, enabling end-users to connect all devices in real-time via an integrated network and control process. In view of transforming conventional business processes into connected ones, the ongoing trend of embracing digitalization will further increase demand for IoT technology and related infrastructure over the 2019–2027 forecast period. Worldwide, the number of connected devices is projected to exceed 20.0 Mn by 2021, thus driving worldwide demand for 5 G chipsets. Consumer Electronics, IT & Telecom sectors are expected to witness strong adoption of 5 G devices as a result of increased expenditure on ICT products and the proliferation of electronic gadgets, including smartphones, tablets, TVs and personal computers.

Full Research Report of 5G Chipset Market by Credence Research

5G WIRELESS USE CASES

The revolution will be subsidized like all others. The primary costs of these 5G improvements in infrastructure can be enormous, and consumers have already demonstrated their intolerance to rate hikes. To recover these costs, telcos will have to try new service classes for new customer segments that 5 G has made provisions for. Customers must believe that 5 G wireless is capable of achieving 4G-impossible features.

pic credit The National

Driverless automobiles: For a world in the risk of spiraling downward towards losing one million of its species starting in 2030, you might think the objective of eliminating drivers from moving cars would be somewhat lower on the list. But the case of autonomous vehicle (AV) use reveals one of the critical requirements of modern wireless technology: it requires to connect individuals in motion with computers they may rely on to save lives, with near-zero latency.

pic credit Web Choice online

Augmented reality (AR) and Virtual reality (VR). For a cloud-based server to provide a wireless user with a reliable, real-time sensory environment, as mobile processor manufacturer Qualcomm stated in the latest presentation, the connection between that server and its user might need to supply as much as 5 gigabits per second of bandwidth. Furthermore, the compute-intensive nature of an AR workload may require that such workloads be directed to servers stationed closer to their users, in systems that are relatively unencumbered by similar workloads being processed for other users. In other words, AR and VR may still be better suited for small cell deployments.

pic credit Indian Printer & Publisher

Cloud computing. The internet is not only the conduit for content but also the facilitator of the wide-area network (WAN) connectivity. 5G Wireless offers the potential to distribute cloud computing services far more closely to users than most hyper-scale data centers in Amazon, Google, or Microsoft. With these cloud providers, 5G could make telcos competitors, especially for high-intensity, critical workloads. This is the edge computing scenario you might have heard of: bringing forward processing power, closer to the customer, minimizing distance-related latencies. If only enough latencies can be eliminated, applications that currently require PCs could be relocated to smaller devices — may be even mobile devices that have less processing power for themselves than the average smartphone.

pic credit Analytics Training

Internet of Things. In a low-latency 5G connectivity household, today’s so-called “smart devices” that are essentially smartphone-class computers could be replaced by stupid terminals that receive their instructions from nearby edge computing systems. Kitchen appliances, climate control systems, and more importantly, health monitoring can make it easier and easier to produce. The role that IoT hubs play today, which some manufacturers are producing today to cooperate with Wi-Fi routers, may be played in the neighborhood by 5 G transmitters in the future, serving as service hubs for all households in their coverage areas. Furthermore, machine-to-machine communication (M2 M) enables scenarios where, under the collective guidance of an M2 M hub at the 5 G base station, devices such as manufacturing robots can coordinate with each other for construction, assembly, and other tasks.

Healthcare. The availability of low latency connectivity in rural areas would revolutionize the treatment of critical care for people across the country. Patients in small towns would no longer be forced to update their lives and move to larger towns, away from the livelihoods they know and love, just to receive the level of care they ought to be entitled to. As recent Mississippi trials demonstrate, 5G-level connectivity allows caregivers in rural and remote areas to receive real-time instruction and support from the world’s finest surgeons wherever they may be located. Ref: Zdnet

Ref: Medium

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