Technology & Telecommunications

According to a market report by Lucintel, the future of the 5G semiconductor solution market looks promising with opportunities in the automotive, energy & utilities, government, healthcare, manufacturing, and transportation & logistics sector. The global 5G semiconductor solution market is expected to reach an estimated $2.1 billion by 2028 with a CAGR of 22.5% from 2023 to 2028. The major drivers for this market are rising demand for advanced wireless data networks, increasing adoption of M2M and IOT connectivity, and innovation in advanced semiconductor solution technologies.



In this market, sub-6GHz, 24- 39 GHz and above 39 GHz are the major segments of 5G semiconductor solution market by frequency. Lucintel forecasts that sub-6GHz will remain the largest segment over the forecast period because it can travel longer distance and penetrate obstacles and also can be utilized in both 4G and 5G networks.



Within this market, manufacturing is expected to remain the segment with the highest growth due to the growing demand for IOT solutions as well as industrial automation products.



North America will remain the largest region due to growing demand for smart cities and home automation and increasing government efforts in promoting the development of 5G technology.

Advanced Micro Devices, Analog Devices, AT&T, Broadcom Corporation, and MediaTek are the major suppliers in the global 5G semiconductor solution market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global 5G semiconductor solution market by offering, frequency, node, end use industry, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global 5G Semiconductor Solution Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global 5G semiconductor solution market by offering, frequency, node, end use industry, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the 5G semiconductor solution market by offering (hardware, software and services), frequency (sub-6GHz, 24- 39 GHz and above 39 GHz), node (less than 10 nm, 10–28 nm and above 28 nm), end use industry (automotive, energy & utilities, government, healthcare, manufacturing, and transportation & logistics), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?