1 Global 5G Baseband Chip Market Size (Revenue) and CAGR (2024-2033)
Global 5G Baseband Chip market generated revenue of USD 86755.28 Million in 2024 with a CAGR of 37% during 2024 to 2033.
Firstly, the widespread deployment of 5G networks has created a surge in demand for baseband chips. As more regions and countries invest in 5G infrastructure, the need for advanced baseband chips to support high-speed data transmission and low latency becomes critical. This demand is particularly strong in regions like China, North America, and Europe, where 5G adoption is most advanced.
Secondly, the ongoing innovation in 5G technology has led to the development of more efficient and powerful baseband chips. Companies like Qualcomm, Samsung, Huawei, and MTK are continuously investing in research and development to enhance the performance of their products. These advancements not only improve the functionality of 5G devices but also enable new applications in areas such as the Internet of Things (IoT), autonomous vehicles, and smart cities.
Figure Global 5G Baseband Chip Market Size (M USD) Outlook (2024-2033)
2 5G Baseband Chip Market Trends
In the future, both consumers and commercial enterprises will continue to increase the number of data creation and use. Transferring intensive users of data to 5G network will improve the efficiency of network resource management, and also improve the performance and reliability. The increase of 5G network users will greatly increase the demand for 5G equipment and 5G Baseband Chip.
With the continuous development of the Internet of Things, it will become more and more important to support millions of connection endpoints at the same time. Because of the exponential number of connections, the intensive advantage of 5G is the key for mobile network operators to provide network performance. To a certain extent, the development of Internet of Things industry can promote the improvement of 5G Baseband Chip technology and scale.
The speed and delay brought by 5G will open the door for new applications and increase mobility for some existing applications. These applications will bring advantages and changes to artificial intelligence, edge computing, cloud services and other enterprises.
3 Global 5G Baseband Chip Market by Type in 2024
The global 5G Baseband Chip market in 2024 was characterized by two primary product types: Single-Mode 5G Chips and Multi-Mode 5G Chips. Each type has its unique definition, market size, and share, reflecting the diverse needs of the 5G technology landscape.
Single-Mode 5G Chips: Single-Mode 5G Chips are designed to operate exclusively in the Non-Standalone (NSA) mode of 5G networks. NSA mode leverages existing 4G LTE infrastructure to deploy 5G services, allowing for a quicker rollout of 5G capabilities without the need for a complete overhaul of network infrastructure. In 2024, Single-Mode 5G Chips accounted for a relatively small portion of the market, with a market share of approximately 2.78%. The market size for these chips was around 75215 K units. This limited share is primarily due to the transitional nature of Single-Mode chips, as they are mainly used during the initial phases of 5G deployment when existing 4G infrastructure is being leveraged.
Multi-Mode 5G Chips: Multi-Mode 5G Chips are capable of supporting both Standalone (SA) and Non-Standalone (NSA) modes of 5G networks. This versatility allows them to function seamlessly across different network configurations, providing greater flexibility and future-proofing for devices as 5G networks evolve. In 2024, Multi-Mode 5G Chips dominated the market, with a significant market share of 97.22%. The market size for these chips was approximately 1,678,824 K units. This overwhelming share is attributed to their ability to cater to a wide range of applications and the growing demand for devices that can operate effectively in both current and future 5G environments.
In 2024, the Multi-Mode 5G Chips emerged as the dominant product type in the market, both in terms of market share and growth rate. Their versatility and ability to support both SA and NSA modes make them highly attractive for a wide range of applications, driving their rapid adoption. While Single-Mode 5G Chips still have a place in the market, particularly during the initial phases of 5G deployment, their share is relatively small compared to the versatile Multi-Mode chips. As the 5G ecosystem continues to mature, the demand for Multi-Mode chips is expected to remain strong, further solidifying their position as the leading product type in the 5G Baseband Chip market.
Table Global 5G Baseband Chip Market Size and Share by Type in 2024
|
Type |
Market Size (K Units) |
Market Share |
|---|---|---|
|
Single-Mode 5G Chip |
75215 |
2.78% |
|
Multi-Mode 5G Chip |
2630365 |
97.22% |
4 Global 5G Baseband Chip Market by Application in 2024
The 5G Baseband Chip market in 2024 was marked by diverse applications, each catering to specific needs and driving the growth of the overall industry. Understanding these applications is crucial for stakeholders to identify opportunities and tailor their strategies accordingly. The primary applications include Telecom Communication Equipment, Smart Phones, Internet Devices, Internet Cars, Tablets, and Broadband Access Gateways.
Telecom Communication Equipment: Telecom Communication Equipment encompasses hardware used for telecommunications, such as transmission lines, multiplexers, and base transceiver stations. These devices form the backbone of communication networks, enabling the transmission of data and voice signals. In 2024, the market size for 5G Baseband Chips used in Telecom Communication Equipment was approximately 308166 K units, accounting for 11.39% of the total market share. This segment is essential for the infrastructure that supports 5G networks, ensuring seamless connectivity and high-speed data transmission.
Smart Phones: Smart Phones are mobile devices with advanced computing capabilities, allowing users to perform various tasks, including communication, browsing the internet, and running applications. They are one of the primary devices driving the adoption of 5G technology. The market size for 5G Baseband Chips in Smart Phones was 1, 1516477 K units in 2024, representing 56.05% of the total market share. This segment is the largest in terms of both market size and share, reflecting the widespread use of smartphones and their role as the primary consumer devices for 5G connectivity.
Internet Devices: Internet Devices include a wide range of consumer electronics and IoT devices that connect to the internet for various purposes, such as entertainment, information, and location-based services. These devices benefit from 5G connectivity through faster data speeds and lower latency. The market size for 5G Baseband Chips in Internet Devices was 221587 K units in 2024, with a market share of 8.19%. This segment is growing as more devices become connected and require high-speed internet access to function effectively.
Internet Cars: Internet Cars, also known as connected cars, are vehicles equipped with internet access and onboard sensors, allowing them to communicate with external networks and devices. They offer features such as real-time navigation, remote diagnostics, and infotainment systems. The market size for 5G Baseband Chips in Internet Cars was 326293 K units in 2024, accounting for 12.06% of the total market share. This segment is gaining traction as the automotive industry embraces connectivity and autonomous driving technologies.
Tablets: Tablets are portable computing devices with touchscreen displays, used for various tasks such as browsing the internet, streaming media, and productivity applications. They benefit from 5G connectivity through faster data speeds and improved performance. In 2024, the market size for 5G Baseband Chips in Tablets was 297073 K units, representing 10.98% of the total market share. Tablets are increasingly being used for both personal and professional purposes, driving the demand for improved connectivity.
Broadband Access Gateways: Broadband Access Gateways are devices that connect end-users to broadband internet services, facilitating data transmission between networks and devices. They play a crucial role in providing internet access to homes and businesses. The market size for 5G Baseband Chips in Broadband Access Gateways was 35984 K units in 2024, with a market share of 1.33%. While this segment has a smaller share compared to others, it is still an important application for ensuring reliable internet connectivity.
In 2024, the Smart Phone application emerged as the largest in terms of market share, accounting for 56.05% of the total 5G Baseband Chip market. This dominance is attributed to the widespread adoption of 5G smartphones by consumers and the increasing demand for enhanced connectivity and improved user experiences. On the other hand, the Internet Car application exhibited one of the fastest growth rates, driven by the rising demand for connected and autonomous vehicles. As the automotive industry continues to evolve and consumers prioritize connectivity in their vehicles, the market for 5G baseband chips in Internet Cars is expected to expand rapidly. Overall, the diverse applications of 5G Baseband Chips reflect the broad impact of 5G technology across various industries, driving the growth and development of the market.
Table Global 5G Baseband Chip Market Size and Share by Application in 2024
|
Application |
Market Size (K Units) |
Market Share |
|---|---|---|
|
Telecom Communication Equipment |
308166 |
11.39% |
|
Smart Phone |
1516477 |
56.05% |
|
Internet Devices |
221587 |
8.19% |
|
Internet Car |
326293 |
12.06% |
|
Tablet |
297073 |
10.98% |
|
Broadband Access Gateway |
35984 |
1.33% |
5 Global 5G Baseband Chip Market by Region in 2024
The global 5G Baseband Chip market in 2024 was characterized by significant regional disparities in terms of market size and share. The major regions analyzed include North America, Europe, China, and Korea. Each region exhibited unique dynamics, influenced by factors such as technological advancements, government policies, and consumer demand.
North America: In 2024, North America accounted for a market share of 7.25% in the global 5G Baseband Chip market. The region’s market size was approximately 196155 K units. North America’s growth in the 5G Baseband Chip market can be attributed to its strong technological infrastructure and early adoption of 5G technology. Companies and consumers in this region have been quick to embrace the benefits of 5G, such as faster internet speeds and improved connectivity.
Europe: Europe held a market share of 9.47% in 2024, with a market size of 256218 K units. The region has been actively investing in 5G deployment, recognizing its potential to drive economic growth and improve various sectors, including healthcare, transportation, and manufacturing.
China: China was the largest regional market by revenue in 2024, with a market share of 73.17%. The region’s market size reached 1979673 K units. China’s dominance in the 5G Baseband Chip market is attributed to its massive population, extensive investment in 5G infrastructure, and strong government support for technological advancements.
In 2024, China emerged as the largest regional market by revenue in the global 5G Baseband Chip market, driven by its extensive investment in 5G infrastructure and strong government support. The region also experienced the fastest growth rate, reflecting its strategic focus on becoming a global leader in 5G technology. North America and Europe also played significant roles, with steady growth driven by technological advancements and regulatory support. Korea, while smaller in market size, continued to be a key player in the 5G ecosystem. Understanding these regional dynamics is crucial for stakeholders to identify opportunities and tailor their strategies to capitalize on the growing demand for 5G Baseband Chips.
Table Global 5G Baseband Chip Market Size, Region Wise in 2024
|
Region |
Market Size (K Units) |
Market Share |
|---|---|---|
|
North America |
196155 |
7.25% |
|
Europe |
256218 |
9.47% |
|
China |
1979673 |
73.17% |
|
Korea |
147454 |
5.45% |
|
Rest of World |
126080 |
4.66% |
Figure Global 5G Baseband Chip Market Share, Region Wise in 2024
6 Global 5G Baseband Chip Market Top 3 Players
Company Introduction and Business Overview: Qualcomm is an American multinational corporation headquartered in San Diego, California. It is a leading provider of wireless technology solutions, including semiconductors, software, and services. Qualcomm has been instrumental in shaping the mobile communications industry and holds numerous patents critical to 5G, 4G, and other mobile communication standards.
Products Offered: Qualcomm offers a range of 5G Baseband Chips, such as the Snapdragon X50, Snapdragon X55, and Snapdragon X60 5G Modem-RF Systems. These products are designed to support various 5G technologies, including mmWave and sub-6 GHz frequencies, and are used in smartphones, tablets, and other devices.
Revenue in 2021: In 2021, Qualcomm’s revenue from 5G Baseband Chips was 9,164.84 million USD. This revenue reflects Qualcomm’s strong market position and its ability to provide innovative solutions that meet the evolving needs of the industry.
Company Introduction and Business Overview: Samsung Electronics is a global leader in technology, with a diverse portfolio that includes consumer electronics, mobile devices, and semiconductors. The company is headquartered in South Korea and has a strong presence in markets worldwide. Samsung is known for its cutting-edge innovations and commitment to delivering high-quality products.
Products Offered: Samsung offers the Exynos Modem 5100, a multi-mode modem that supports 5G NR as well as legacy modes from 2G to 4G LTE. This product enables efficient operation across different network environments and is designed to provide better compatibility and performance in mobile devices.
Revenue in 2021: In 2021, Samsung’s revenue from 5G Baseband Chips was 4,350.34 million USD. This revenue highlights Samsung’s significant role in the 5G ecosystem and its ability to leverage its expertise in semiconductors and mobile technology.
Company Introduction and Business Overview: Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. Founded in 1987, Huawei is headquartered in China and operates in over 170 countries and regions. The company is committed to driving innovation and providing competitive and secure solutions to its customers.
Products Offered: Huawei’s Balong 5000 is a key product in the 5G Baseband Chip market. It supports both standalone (SA) and non-standalone (NSA) network architectures for 5G, offering high download speeds and efficient data exchange. The Balong 5000 is designed to enhance user experiences in various 5G applications.
Revenue in 2021: In 2021, Huawei Technologies’ revenue from 5G Baseband Chips was 4,013.79 million USD. This revenue underscores Huawei’s strong market position and its ongoing efforts to advance 5G technology and support global 5G deployment.
Table Global 5G Baseband Chip Revenue Share of Top3 Players in 2021
|
Company |
2021 |
|
Qualcomm |
43.35% |
|
Samsung |
20.58% |
|
Huawei Technologies |
18.99% |