The Latin America, Middle East and Africa 5G Chipset Market would witness market growth of 22.5% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA 5G Chipset Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,138.6 million by 2031. The Argentina market is capturing a CAGR of 23.3% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 21.4% during (2024 - 2031).
The automotive industry is another area where the 5G chipset market is experiencing growth. The concept of connected vehicles and autonomous driving relies heavily on low-latency, high-speed communication, made possible by 5G technology. Vehicle-to-everything (V2X) communication, which includes vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), and vehicle-to-network (V2N), requires fast and reliable data transmission to ensure safe and efficient operation. 5G chipsets are essential for enabling these communications, providing the bandwidth and latency levels to support advanced driver assistance systems (ADAS), infotainment, and real-time traffic management.
The market's expansion is not without its obstacles, however. One of the primary obstacles is the high cost associated with developing and manufacturing 5G chipsets. The complexity of 5G technology, which requires support for multiple frequency bands, advanced signal processing capabilities, and high-power efficiency, makes the design and production of 5G chipsets significantly more expensive than their 4G predecessors. This high cost is often passed on to consumers, making 5G-enabled devices more expensive and limiting their adoption, particularly in developing markets with high-cost sensitivity.
In South Africa, the adoption of 5G technology for industrial automation is gaining momentum, largely due to government-backed programs like the Industrial Policy Action Plan (IPAP), which aims to modernize the country's manufacturing sector. Integrating 5G connectivity into industrial processes enables the deployment of smart factories, where machines and equipment can communicate seamlessly, facilitating real-time decision-making and improving operational efficiency. Therefore, as industries increasingly embrace digital transformation, the demand for 5G chipsets that support these automation technologies is on the rise, contributing significantly to the overall market growth in the region.
Free Valuable Insights: The Worldwide 5G Chipset Market is Projected to reach USD 155 Billion by 2031, at a CAGR of 19.5%
Based on Operational Frequency, the market is segmented into Sub 6GHz, Between 26 & 39 Ghz, and Above 39 Ghz. Based on IC Type, the market is segmented into ASIC, RFIC, Cellular IC, and mmWave IC. Based on Product, the market is segmented into Devices, Customer Premises Equipment, and Network Infrastructure Equipment. Based on Industry Vertical, the market is segmented into Consumer Electronics, Automotive & Transportation, Industrial Automation, Energy & Utilities, Healthcare, Retail, and Other Industry Vertical. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- Broadcom, Inc.
- Intel Corporation
- Nokia Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- Qorvo, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Infineon Technologies AG
- Marvell Technology, Inc.
- NXP Semiconductors N.V.
LAMEA 5G Chipset Market Report Segmentation
By Operational Frequency
- Sub 6GHz
- Between 26 & 39 Ghz
- Above 39 Ghz
By IC Type
- ASIC
- RFIC
- Cellular IC
- mmWave IC
By Product
- Devices
- Customer Premises Equipment
- Network Infrastructure Equipment
By Industry Vertical
- Consumer Electronics
- Automotive & Transportation
- Industrial Automation
- Energy & Utilities
- Healthcare
- Retail
- Other Industry Vertical
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA 5G Chipset Market, 2020 - 2023, USD Million
TABLE 2 LAMEA 5G Chipset Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– 5G Chipset Market
TABLE 4 Product Launches And Product Expansions– 5G Chipset Market
TABLE 5 Acquisition and Mergers– 5G Chipset Market
TABLE 6 LAMEA 5G Chipset Market by Operational Frequency, 2020 - 2023, USD Million
TABLE 7 LAMEA 5G Chipset Market by Operational Frequency, 2024 - 2031, USD Million
TABLE 8 LAMEA Sub 6GHz Market by Country, 2020 - 2023, USD Million
TABLE 9 LAMEA Sub 6GHz Market by Country, 2024 - 2031, USD Million
TABLE 10 LAMEA Between 26 & 39 Ghz Market by Country, 2020 - 2023, USD Million
TABLE 11 LAMEA Between 26 & 39 Ghz Market by Country, 2024 - 2031, USD Million
TABLE 12 LAMEA Above 39 Ghz Market by Country, 2020 - 2023, USD Million
TABLE 13 LAMEA Above 39 Ghz Market by Country, 2024 - 2031, USD Million
TABLE 14 LAMEA 5G Chipset Market by IC Type, 2020 - 2023, USD Million
TABLE 15 LAMEA 5G Chipset Market by IC Type, 2024 - 2031, USD Million
TABLE 16 LAMEA ASIC Market by Country, 2020 - 2023, USD Million
TABLE 17 LAMEA ASIC Market by Country, 2024 - 2031, USD Million
TABLE 18 LAMEA RFIC Market by Country, 2020 - 2023, USD Million
TABLE 19 LAMEA RFIC Market by Country, 2024 - 2031, USD Million
TABLE 20 LAMEA Cellular IC Market by Country, 2020 - 2023, USD Million
TABLE 21 LAMEA Cellular IC Market by Country, 2024 - 2031, USD Million
TABLE 22 LAMEA mmWave IC Market by Country, 2020 - 2023, USD Million
TABLE 23 LAMEA mmWave IC Market by Country, 2024 - 2031, USD Million
TABLE 24 LAMEA 5G Chipset Market by Product, 2020 - 2023, USD Million
TABLE 25 LAMEA 5G Chipset Market by Product, 2024 - 2031, USD Million
TABLE 26 LAMEA Devices Market by Country, 2020 - 2023, USD Million
TABLE 27 LAMEA Devices Market by Country, 2024 - 2031, USD Million
TABLE 28 LAMEA Customer Premises Equipment Market by Country, 2020 - 2023, USD Million
TABLE 29 LAMEA Customer Premises Equipment Market by Country, 2024 - 2031, USD Million
TABLE 30 LAMEA Network Infrastructure Equipment Market by Country, 2020 - 2023, USD Million
TABLE 31 LAMEA Network Infrastructure Equipment Market by Country, 2024 - 2031, USD Million
TABLE 32 LAMEA 5G Chipset Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 33 LAMEA 5G Chipset Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 34 LAMEA Consumer Electronics Market by Country, 2020 - 2023, USD Million
TABLE 35 LAMEA Consumer Electronics Market by Country, 2024 - 2031, USD Million
TABLE 36 LAMEA Automotive & Transportation Market by Country, 2020 - 2023, USD Million
TABLE 37 LAMEA Automotive & Transportation Market by Country, 2024 - 2031, USD Million
TABLE 38 LAMEA Industrial Automation Market by Country, 2020 - 2023, USD Million
TABLE 39 LAMEA Industrial Automation Market by Country, 2024 - 2031, USD Million
TABLE 40 LAMEA Energy & Utilities Market by Country, 2020 - 2023, USD Million
TABLE 41 LAMEA Energy & Utilities Market by Country, 2024 - 2031, USD Million
TABLE 42 LAMEA Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 43 LAMEA Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 44 LAMEA Retail Market by Country, 2020 - 2023, USD Million
TABLE 45 LAMEA Retail Market by Country, 2024 - 2031, USD Million
TABLE 46 LAMEA Other Industry Vertical Market by Country, 2020 - 2023, USD Million
TABLE 47 LAMEA Other Industry Vertical Market by Country, 2024 - 2031, USD Million
TABLE 48 LAMEA 5G Chipset Market by Country, 2020 - 2023, USD Million
TABLE 49 LAMEA 5G Chipset Market by Country, 2024 - 2031, USD Million
TABLE 50 Brazil 5G Chipset Market, 2020 - 2023, USD Million
TABLE 51 Brazil 5G Chipset Market, 2024 - 2031, USD Million
TABLE 52 Brazil 5G Chipset Market by Operational Frequency, 2020 - 2023, USD Million
TABLE 53 Brazil 5G Chipset Market by Operational Frequency, 2024 - 2031, USD Million
TABLE 54 Brazil 5G Chipset Market by IC Type, 2020 - 2023, USD Million
TABLE 55 Brazil 5G Chipset Market by IC Type, 2024 - 2031, USD Million
TABLE 56 Brazil 5G Chipset Market by Product, 2020 - 2023, USD Million
TABLE 57 Brazil 5G Chipset Market by Product, 2024 - 2031, USD Million
TABLE 58 Brazil 5G Chipset Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 59 Brazil 5G Chipset Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 60 Argentina 5G Chipset Market, 2020 - 2023, USD Million
TABLE 61 Argentina 5G Chipset Market, 2024 - 2031, USD Million
TABLE 62 Argentina 5G Chipset Market by Operational Frequency, 2020 - 2023, USD Million
TABLE 63 Argentina 5G Chipset Market by Operational Frequency, 2024 - 2031, USD Million
TABLE 64 Argentina 5G Chipset Market by IC Type, 2020 - 2023, USD Million
TABLE 65 Argentina 5G Chipset Market by IC Type, 2024 - 2031, USD Million
TABLE 66 Argentina 5G Chipset Market by Product, 2020 - 2023, USD Million
TABLE 67 Argentina 5G Chipset Market by Product, 2024 - 2031, USD Million
TABLE 68 Argentina 5G Chipset Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 69 Argentina 5G Chipset Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 70 UAE 5G Chipset Market, 2020 - 2023, USD Million
TABLE 71 UAE 5G Chipset Market, 2024 - 2031, USD Million
TABLE 72 UAE 5G Chipset Market by Operational Frequency, 2020 - 2023, USD Million
TABLE 73 UAE 5G Chipset Market by Operational Frequency, 2024 - 2031, USD Million
TABLE 74 UAE 5G Chipset Market by IC Type, 2020 - 2023, USD Million
TABLE 75 UAE 5G Chipset Market by IC Type, 2024 - 2031, USD Million
TABLE 76 UAE 5G Chipset Market by Product, 2020 - 2023, USD Million
TABLE 77 UAE 5G Chipset Market by Product, 2024 - 2031, USD Million
TABLE 78 UAE 5G Chipset Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 79 UAE 5G Chipset Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 80 Saudi Arabia 5G Chipset Market, 2020 - 2023, USD Million
TABLE 81 Saudi Arabia 5G Chipset Market, 2024 - 2031, USD Million
TABLE 82 Saudi Arabia 5G Chipset Market by Operational Frequency, 2020 - 2023, USD Million
TABLE 83 Saudi Arabia 5G Chipset Market by Operational Frequency, 2024 - 2031, USD Million
TABLE 84 Saudi Arabia 5G Chipset Market by IC Type, 2020 - 2023, USD Million
TABLE 85 Saudi Arabia 5G Chipset Market by IC Type, 2024 - 2031, USD Million
TABLE 86 Saudi Arabia 5G Chipset Market by Product, 2020 - 2023, USD Million
TABLE 87 Saudi Arabia 5G Chipset Market by Product, 2024 - 2031, USD Million
TABLE 88 Saudi Arabia 5G Chipset Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 89 Saudi Arabia 5G Chipset Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 90 South Africa 5G Chipset Market, 2020 - 2023, USD Million
TABLE 91 South Africa 5G Chipset Market, 2024 - 2031, USD Million
TABLE 92 South Africa 5G Chipset Market by Operational Frequency, 2020 - 2023, USD Million
TABLE 93 South Africa 5G Chipset Market by Operational Frequency, 2024 - 2031, USD Million
TABLE 94 South Africa 5G Chipset Market by IC Type, 2020 - 2023, USD Million
TABLE 95 South Africa 5G Chipset Market by IC Type, 2024 - 2031, USD Million
TABLE 96 South Africa 5G Chipset Market by Product, 2020 - 2023, USD Million
TABLE 97 South Africa 5G Chipset Market by Product, 2024 - 2031, USD Million
TABLE 98 South Africa 5G Chipset Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 99 South Africa 5G Chipset Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 100 Nigeria 5G Chipset Market, 2020 - 2023, USD Million
TABLE 101 Nigeria 5G Chipset Market, 2024 - 2031, USD Million
TABLE 102 Nigeria 5G Chipset Market by Operational Frequency, 2020 - 2023, USD Million
TABLE 103 Nigeria 5G Chipset Market by Operational Frequency, 2024 - 2031, USD Million
TABLE 104 Nigeria 5G Chipset Market by IC Type, 2020 - 2023, USD Million
TABLE 105 Nigeria 5G Chipset Market by IC Type, 2024 - 2031, USD Million
TABLE 106 Nigeria 5G Chipset Market by Product, 2020 - 2023, USD Million
TABLE 107 Nigeria 5G Chipset Market by Product, 2024 - 2031, USD Million
TABLE 108 Nigeria 5G Chipset Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 109 Nigeria 5G Chipset Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 110 Rest of LAMEA 5G Chipset Market, 2020 - 2023, USD Million
TABLE 111 Rest of LAMEA 5G Chipset Market, 2024 - 2031, USD Million
TABLE 112 Rest of LAMEA 5G Chipset Market by Operational Frequency, 2020 - 2023, USD Million
TABLE 113 Rest of LAMEA 5G Chipset Market by Operational Frequency, 2024 - 2031, USD Million
TABLE 114 Rest of LAMEA 5G Chipset Market by IC Type, 2020 - 2023, USD Million
TABLE 115 Rest of LAMEA 5G Chipset Market by IC Type, 2024 - 2031, USD Million
TABLE 116 Rest of LAMEA 5G Chipset Market by Product, 2020 - 2023, USD Million
TABLE 117 Rest of LAMEA 5G Chipset Market by Product, 2024 - 2031, USD Million
TABLE 118 Rest of LAMEA 5G Chipset Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 119 Rest of LAMEA 5G Chipset Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 120 Key Information – Qualcomm Incorporated
TABLE 121 Key Information – Broadcom, Inc.
TABLE 122 Key Information – Intel Corporation
TABLE 123 Key Information – Nokia Corporation
TABLE 124 Key Information – Samsung Electronics Co., Ltd.
TABLE 125 Key Information – Qorvo, Inc
TABLE 126 Key Information – Huawei Technologies Co., Ltd.
TABLE 127 Key Information – Infineon Technologies AG
TABLE 128 key information – Marvell Technology Group Ltd.
TABLE 129 Key Information – NXP Semiconductors N.V.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA 5G Chipset Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting 5G Chipset Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions : 2021, May – 2024, Jul) Leading Players
FIG 8 Porter’s Five Forces Analysis – 5G Chipset Market
FIG 9 LAMEA 5G Chipset Market share by Operational Frequency, 2023
FIG 10 LAMEA 5G Chipset Market share by Operational Frequency, 2031
FIG 11 LAMEA 5G Chipset Market by Operational Frequency, 2020 - 2031, USD Million
FIG 12 LAMEA 5G Chipset Market share by IC Type, 2023
FIG 13 LAMEA 5G Chipset Market share by IC Type, 2031
FIG 14 LAMEA 5G Chipset Market by IC Type, 2020 - 2031, USD Million
FIG 15 LAMEA 5G Chipset Market share by Product, 2023
FIG 16 LAMEA 5G Chipset Market share by Product, 2031
FIG 17 LAMEA 5G Chipset Market by Product, 2020 - 2031, USD Million
FIG 18 LAMEA 5G Chipset Market share by Industry Vertical, 2023
FIG 19 LAMEA 5G Chipset Market share by Industry Vertical, 2031
FIG 20 LAMEA 5G Chipset Market by Industry Vertical, 2020 - 2031, USD Million
FIG 21 LAMEA 5G Chipset Market share by Country, 2023
FIG 22 LAMEA 5G Chipset Market share by Country, 2031
FIG 23 LAMEA 5G Chipset Market by Country, 2020 - 2031, USD Million
FIG 24 Recent strategies and developments: Qualcomm Incorporated
FIG 25 SWOT Analysis: QUALCOMM Incorporated
FIG 26 SWOT Analysis: Broadcom, Inc.
FIG 27 Recent strategies and developments: Intel corporation
FIG 28 SWOT Analysis: Intel corporation
FIG 29 SWOT Analysis: Nokia Corporation
FIG 30 Recent strategies and developments: Samsung Electronics Co., Ltd.
FIG 31 SWOT Analysis: Samsung Electronics Co., Ltd.
FIG 32 Recent strategies and developments: Qorvo, Inc.
FIG 33 SWOT Analysis: Qorvo, Inc.
FIG 34 SWOT Analysis: Huawei Technologies Co., Ltd.
FIG 35 SWOT Analysis: Infineon Technologies AG
FIG 36 Recent strategies and developments: Marvell Technology Group Ltd.
FIG 37 SWOT Analysis: Marvell Technology Group Ltd.
FIG 38 SWOT Analysis: NXP Semiconductors N.V.