5G Chipset Market: Satisfying demand for high-speed internet
The 5G chipset market has entered exponential growth, driven by the global spread of 5G towers and an ever-increasing demand for high-speed , low-latency connectivity. Therefore, intrinsic components drive the backbone of 5G technology at the very core and form the digital revolution sweeping across industries worldwide. Overview of the Market The global 5G chipset market is expected to witness high growth in the next few years. According to independent industry reports, this market is projected to attain a value of by, at a CAGR of during the forecast period. Several factors converge to drive this growth trajectory, encapsulating the rapidly increasing smartphone adoption, rapidly growing IoT market, and rapid digitization across different industries. US Dominance The United States is very well positioned to dominate the 5G chipset market. What has placed the US at the very top of the global leaderboard in terms of developing and deploying this new enabling technology is a r...