IMARC Group has published a market research report titled "United States 5G Chipset Market Report by Chipset Type (Application-Specific Integrated Circuits (ASIC), Radio Frequency Integrated Circuit (RFIC), Millimeter Wave Technology Chips, Field-Programmable Gate Array (FPGA)), Operational Frequency (Sub 6 GHz, Between 26 and 39 Ghz, Above 39 Ghz), End User (Consumer Electronics, Industrial Automation, Automotive and Transportation, Energy and Utilities, Healthcare, Retail, and Others), and Region 2024-2032" United States 5G chipset market size is projected to exhibit a growth rate (CAGR) of 24.90% during 2024-2032.
The rising adoption of high-speed internet and enhanced connectivity solutions are the factors responsible for the growth of the United States 5G chipset market. Additionally, the market is propelling owing to the high utilization of 5G infrastructure by telecommunication operators and service providers. These chipsets are crucial components in enabling a broad range of smart devices, from smartphones and tablets to IoT devices and automotive systems, to leverage the high-speed and low-latency benefits of 5G technology. Furthermore, the push for 5G is part of a broader digital transformation across the U.S., aimed at supporting an array of applications including augmented reality, virtual reality, and smart city projects, which require robust and reliable wireless communication networks.
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United States 5G Chipset Market Trends and Drivers:
The strategic focus by U.S. government authorities on securing leadership in the global race for 5G technology dominance has spurred significant investments in research and development from both the public and private sectors, further augmenting the market. This includes initiatives to develop and produce domestically sourced 5G technologies that ensure national security and reduce dependency on foreign chipsets, particularly in the context of rising geopolitical tensions. Moreover, technological innovation in 5G chipset design is also being driven by the need for energy efficiency and compatibility across various spectrum bands utilized in American and global markets. In addition to this, with the FCC allocating more spectrum bands for 5G use, chip manufacturers are developing versatile solutions capable of operating across these varied frequencies, which is anticipated to drive the United States 5G chipset market over the forecasted period.
Report Segmentation:
The report has segmented the market into the following categories:
Chipset Type Insights:
- Application-Specific Integrated Circuits (ASIC)
- Radio Frequency Integrated Circuit (RFIC)
- Millimeter Wave Technology Chips
- Field-Programmable Gate Array (FPGA)
Operational Frequency Insights:
- Sub 6 GHz
- Between 26 and 39 Ghz
- Above 39 Ghz
End User Insights:
- Consumer Electronics
- Industrial Automation
- Automotive and Transportation
- Energy and Utilities
- Healthcare
- Retail
- Others
Regional Insights:
- Northeast
- Midwest
- South
- West
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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