Tweet Share 0 +1 LinkedIn 0 San Francisco, Calif., USA, June 04, 2023 — /EPR Network/ —
5G Chipset Industry Overview
The global 5G chipset market size was valued at USD 1.29 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 69.1% from 2021 to 2028. The growing demand for high-speed data networks with a latency of less than 1ms to ensure seamless connectivity for mission-critical applications, such as Machine-to-Machine (M2M) communication, is expected to propel market growth over the forecast period.