5G Chipset market sees steady growth in 2023 and 2024 according to GSA Report

Date: 2024-06-05
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A recent report by the Global Semiconductor Alliance (GSA) reveals a consistent increase in the number of 5G chipsets throughout 2023, with a slower but steady growth rate in the first four months of 2024. The report also highlights a 5% increase in 5G NR mobile processors and platforms and a 3% rise in 5G modems this year.

Seven major semiconductor companies offer commercially available 5G products, with 90 mobile processors and platforms and 19 discrete 5G modems identified by GSA. Additionally, five pre-commercial 5G processors and modems are in development.

The report also focuses on 5G chipset capabilities, including support for standalone networks, with 81% of commercially available 5G chipsets supporting 5G standalone networks. Moreover, 19 chipsets support voice-over New Radio (VoNR).

The report further highlights trends in LTE modem chipsets, VoLTE, eMBMS, unlicensed spectrum, and 3GPP IoT chipsets. The GSA report provides valuable insights into the growing 5G chipset market, underscoring the increasing availability of commercially available 5G devices.

By:  Nana Appiah Acquaye

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