Europe 5G Chipset Market | Smart Technologies Are Changing in Industry
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The significant growth in the smartphone demand and proliferation of connected devices and IoT demand for advanced network infrastructures are driving the growth of the . Further, the emergence of new enterprise, industrial, and residential use cases in the near future is expected to facilitate significant growth opportunities for the 5G chipset market. The advent of 5G has brought a host of new use cases for industrial, enterprise and residential uses are anticipated to be enabled by the evolving networks over the course of years.
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Europe 5G Chipset Market - Companies Mentioned
- Broadcom, Inc.
- Huawei Technologies Co., Ltd.
- International Business Machines Corporation
- Infineon Technologies AG
- Mediatek Inc.
- Nokia Corporation
- Qualcomm Incorporated
- Samsung Electronics Co., Ltd.
- Telefonaktiebolaget Lm Ericsson
- Xilinx, Inc.
Fixed Wireless Access (FWA) for residential use and distributed cloud for industries could be examples of these kind. The networks have evolved to handle use cases with different demands on data rates, mobility, scalability, latency, security, integrity, availability, and reliability. Such demands can be met with the help of distributed cloud architecture, which allows the applications to be deployed at a central, distributed and edge sites, for meeting specific requirements. In comparison to what is possible from central sites, providing services closer to the user reduces the network transport delay and enables faster time to content, actions and control. These factors are projected to gain traction in the coming times having a significant impact approaching the 5G chipset market.
The 5G chipset is used among different industry verticals under the name of product segment, which consists of devices, customer premises equipment, and network infrastructure equipment. The devices of 5G chipset market is leading the Europe market in 2019 and is expected to continue its dominance during the forecast period. Rising urbanization and the increasing number of connected devices and the penetration of smartphones, tablets in the rural, semi-urban and urban areas are promoting the demands for a more robust network infrastructure. Also, improved coverage and available data rates, and also improved handset battery life by reduced power consumption are other factors that would boost the widespread adoptions of 5G chipset.
EUROPE 5G CHIPSET MARKET SEGMENTATION
By Operation Frequency
- Sub-6 GHz
- Between 26 and 39 GHz
- Above 39 GHz
By Product
- Devices
- Customer Premises Equipment
- Network Infrastructure Equipment
By End-User
- Automotive & Transportation
- Energy & Utilities
- Healthcare
- Retail
- Building Automation
- Industrial Automation
- Consumer Electronics
- Public Safety & Surveillance
By Country
- France
- Germany
- UK
- Italy
- Russia
- Rest of Europe
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