5G Chipset Market Set for Explosive Growth: From $18.7B to $583.5B by 2030

Dublin, Monday, 18 November 2024.
The 5G chipset industry is poised for extraordinary expansion, projecting a staggering 63.5% annual growth rate. This unprecedented growth is reshaping the tech landscape, particularly in IoT and smart manufacturing. Key players like Qualcomm and Samsung are leading innovations, with the U.S. market currently valued at $5.8B and China expected to reach $74.1B by 2030. The surge reflects growing demand for high-speed connectivity and real-time communication capabilities across industries, from healthcare to autonomous vehicles.