Title: 5G IC\'s Market - Forecast(2022 - 2027)
15G IC\'s Market - Forecast(2022 - 2027)Market
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- The Global 5G ICs market size is forecast to
reach 58.3 billion by 2026, growing at a CAGR of
25.4 from 2021 to 2026. Growing demand for
high-speed internet services supporting broad
network coverage, increasing adoption for
cellular IoT connections and rise in mobile data
traffic overtime attributes to the growth of 5G
ICs market. - With the surge of COVID-19 pandemic, there is
significant growth towards work from home
activities, driving the need for high-speed
bandwidth cellular networks like 5G modems,
routers and others. Additionally, growing
investments towards 5G smartphone and high
adoption of advanced technologies like IoT, AI
and others have also emerged as the major factors
driving its market growth.
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Key Takeaways
- Growing investments towards development of 5G
smartphones with increasing adoption of advanced
technologies such as IoT, AI and others is
analyzed to drive the 5G ICs market during
2021-2026. - 5G mmWave IC market is anticipated to grow with
the highest CAGR during the forecast period, for
serving high bandwidth requirements across
applications like augmented reality, autonomous
guided vehicles and others.
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- By Distribution Channel- Segment Analysis
- Millimeter Wave Integrated Circuit (mmWave IC )
segment is analyzed to grow with the highest CAGR
of around 9.5 in the global 5G ICs market during
2021-2026. Factors such as high transmission
quality, security, and others have been
attributing towards its wider deployment of
across demanding applications including smart
hospitals, industrial manufacturing, connected
cars and others. Due to its capability of
offering high bandwidth requirements, adoption of
5G mmWave have been facing significant rise over
the years, creating potential of delivering
application areas be it augmented reality, cloud
gaming, autonomous guided vehicles and others, as
a part of improving digitization and connectivity.
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- 5G IC\'s Market
- Industry Outlook
- Qualcomm
- Skyworks Solutions Inc.
- MediaTek Inc.
- Xilinx Inc.
- Intel Corporation
- Samsung Electronics Co. Ltd.
- Broadcom Inc.
- Marvell Technology Inc.
- Analog Devices Inc.
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5G IC\'s Market - Forecast(2022 - 2027)Learn
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