The Worldwide 5G Chipset Industry is Expected to Reach $67.2 Billion by 2027
Share this article Share this article ResearchAndMarkets.com's offering. The 5G chipset market is expected to grow from USD 12.8 billion in 2020 to USD 67.2 billion by 2027, at a CAGR of 26.7%. The major factors driving the growth of the 5G chipset market are the growing demand for high-speed internet and broad network coverage, increasing cellular IoT connections, and an increase in mobile data traffic. However, the high cost of the 5G chipset is expected to restrain the growth of the market. RFIC segment to witness highest growth in 5G chipset market in coming years RFIC which includes RF...
Source: prnewswire.com