Overview of the multi-mode chipset market
The multi-mode chipset market is witnessing a high growth due to the increasing deployment of LTE networks across the world. Technavio’s market research analysts have identified the increasing deployment of LTE networks by telecommunication operators as one of the primary factors that will trigger the growth of the multi-mode chipset market in the coming years. The increasing demand from cellular device users for 4G capabilities shows the importance of LTE networks deployment. The major factor that will drive the market in the forthcoming year will the capability of the LTE networks to support the transition from 2G/3G to 4g LTE speed. Our market research analysts estimate that this market will grow steadily at a CAGR of more than 10% by 2022.
The growing popularity of devices that supports the 5G NR with integrated gigabit is one of the key trends in the multi-mode chipset market. Telecommunications operators across the world are focusing on offering superfast data transmission speeds, which are 1,000 times faster than the present 4G services. This is resulting in an increased interest in the deployment of 5G services by telecommunication operators. Several multi-mode chipset manufacturers have started commercializing 5G by concentrating on Gigabit LTE. The Gigabit LTE will have the capability to meet the data requirement of many mobile connections.
Companies covered
The multi-mode chipset market is highly concentrated due to the presence of few established players. This industry research report provides an in-depth analysis of the competitive environment among the companies in this multimode LTE modem chipset market . Moreover, the report also provide key areas that the vendors should focus on to sustain the competitive environment and gain maximum market share.
The report includes an analysis of a number of companies in this marketspace including -
- Hisilicon Technologies
- Intel
- MediaTek
- QUALCOMM
- SAMSUNG
- Spreadtrum Communications
Geographical segmentation and analysis of the multi-mode chipset market
- Americas
- APAC
- EMEA
APAC accounted for the maximum share of the multimode LTE modem chipset market during 2017. Our analysts have predicted that market will witness steady growth in APAC during the next few years as well and the growth of the market in this region can be attributed to the increased sales of chipsets to smartphone, tablet, wearable, and notebook manufacturers.
Key questions answered in the report include
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global multi-mode chipset market?
- What are the key market trends impacting the growth of the global multi-mode chipset market?
- What are the challenges to market growth?
- Who are the key vendors in the global multi-mode chipset market?
- What are the market opportunities and threats faced by the vendors in the global multi-mode chipset market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global multi-mode chipset market?
Technavio also offers customization on reports based on specific client requirement.