5G Processor Market Research Report - Global Forecast till 2027

5G Processor Market Research Report: By Spectrum (Gigabit LTE, nature, mmWave) and By End User (Telecommunication, Manufacturing, IoT, Automotive, Consumers, Others) – Forecast to 2027

ID: MRFR/SEM/6795-HCR | February 2021 | Region: Global | 111 pages

Please note that assessment period of report has been updated from 2019-2025 to 2020-2027. Cordially fill sample form for updated data.

Market Forecast


Global 5G Processor Market is expected to cross USD 18.5 Billion in 2025 growing at a CAGR of 18.3%.


Market Synopsis


The global 5G processor market is slated to eventually overtake the 3G and 4G processor markets with the only limitations being the current higher cost of a 5G processor unit as well as the requirement for strong supporting infrastructure to relay data from 5G processors over large distances. The overwhelming advantage offered by 5G processors regarding transmission speed and accuracy is driving innovation in the market to overcome its shortcomings. Based on the global requirement for device interconnectivity as well as for large critical data transfer, the 5G processors market is slated to exhibit very strong growth during the forecast period.  


Market USP


Exceptional data transfer speeds with reduced cyclic redundancy check times. 


Market Drivers



  • Excellent data transfer speeds

  • Strengthening of IoT networks

  • Critical utility in automated factories

  • Consumer demand for high speeds for streaming data


Market Restraints



  • Transmission loss due to moisture and building blockage

  • Higher market price than alternatives


Segmentation


By Spectrum



  • Gigabit LTE: The Gigabit LTE enabled 5G processors offer unmatched speeds far in excess of any other spectrum. With a peak download speed of 1000 Mbps, this spectrum is ideal for high data exchanges that must occur over a short duration or are critical in nature. Especially beneficial for individuals who upload their photos, videos to the cloud, Gigabit LTE ensures that even the oldest photos or videos within cloud storage can be accessed almost instantly. It is expensive and requires well established supporting infrastructure.

  • mmWave: The largest and fastest-growing market within this segment, mmWave spectrum is in the range of 30–300 GHz. It is ideal for high-speed wireless communication, especially for streaming 4K videos and other data-heavy wireless applications. Due to its short wavelength it is susceptible to interference from rain and building blockage. But the short wavelength also ensures that it can be concentrated by short antennas for propagation over long distances.


By End User



  • Telecommunication: The largest market within this segment, telecommunications are the primary market drivers for 5G processors. Finding extensive utility in smartphones, 5G processors are bound to revolutionize this industry as the 3G processors had done before them causing a marked increase in the 5G mobile processors market size. The demand from various telecommunication corporations is also fueling the innovation within the 5G processor market.

  • Manufacturing: Manufacturing industries are increasingly being automated. Thus, various machines must be able to relay data to one another as well as to human workers. This data is critical and must be relayed in the shortest possible time with accuracy. 5G processors can handle the volume of data that is to be transmitted in a short time without errors.

  • IoT: IoT is a growing market for the use of 5G processors due to their exceptional data handling and transmission capabilities. Multiple devices can concurrently send and receive data using 5G processors ensuring that the IoT network between them is strengthened due to the fast transmission of data.

  • Automotive: The fastest-growing market in this segment, automobile manufacturing is one of the most automated industries today, which creates a ready market for 5G processors, which enhance the efficiency of the system markedly. Self-driving cars have a critical application for 5G processors as they can transmit data to remote/cloud computing drivers. Vehicles can also effectively communicate with each other using 5G tremendously easing traffic and reducing accidents.

  • Consumers: Many consumer smart appliances are being fitted with 5G processors to enhance the speed of data transmission and reduce transmission errors. The fast transmission speed enables effective communication between devices and their user.

  • Others: This segment covers the 5G processor market for applications in military, aerospace, aviation, and others.


By Region



  • North America: The largest regional market for 5G processors is North America. A huge and robust telecommunications industry, a manufacturing industry with high levels of automation, a pioneering automotive industry, as well as a huge smart device market are all factors driving the market in the region.

  • Europe: Europe is a technologically advanced region with a robust and highly automated manufacturing industry and a population invested in enhancing the IoT interconnectivity of devices. These serve to drive the European 5G processor market.

  • Asia-Pacific: The fastest-growing regional market, Asia-Pacific primary utility for 5G processors is its massive telecommunication industry. South Korea and Japan have some of the most advanced automated manufacturing plants which are also driving this market.

  • Rest of the World: Primarily based on demand in the telecommunication industry of the region, the gradual industrialization of this region will also contribute to the growth of the market.


Key Players



  • Samsung Electronics Co. Ltd

  • Hisilicon (Huawei)

  • Apple Inc.

  • UniSoc Communication

  • Intel Corporation

  • Qualcomm

  • AMD

  • MediaTek

  • Spreadtrum

  • ARM

  • Imagination Technologies

  • Nvidia



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 18.5 Billion
  CAGR   18.3%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Spectrum, End User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Samsung Electronics Co. Ltd, Hisilicon (Huawei), Apple Inc., UniSoc Communication, Intel Corporation, Qualcomm, AMD, MediaTek, Spreadtrum, ARM, Imagination Technologies, Nvidia
  Key Market Opportunities   The escalating demand for low-latency and ultra-reliable data networks that can deliver seamless connectivity.
  Key Market Drivers

  • Consumer demand for high speeds for streaming data.
  • Critical utility in automated factories
  • Strengthening of IoT networks
  • Excellent data transfer speeds


  • Frequently Asked Questions (FAQ) :


    The 5G processors market is going to gain a valuation of USD 18.5 billion in 2025.

    5G processors market grabbed a CAGR of 18.3% as per the report.

    North America is stated to be the largest regional market for 5G processors in the study of the market.

    Asia-Pacific is the fastest-growing regional market mentioned in the study of the market.

    Samsung Electronics Co. Ltd, Apple Inc., UniSoc Communication and Hisilicon (Huawei) are the top 4 key players of the market.