About Lte Chipset
LTE chipset solutions that cover a high-performance processor, LTE baseband, and other components for multimedia and connectivity. This is basically an integrated transceiver that provides a direct conversion, configurable, and multiple bandwidth functionality for all LTE bandwidths. It is highly suited for tablets, smartphones, mobile hotspots, USB dongles, and other gadgets. This is one of the growing technologies in this era.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is fragmented by various market players who are highly focusing on production technologies, improving efficiency, and shelf life. There are various growth opportunities present in the market, that is captured by tracking the ongoing process improvement and financial flexibility to invest in market growth strategies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Lte Chipset market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Verizon Wireless (United States), AT&T Inc. (United States), Sprint Corporation (United States), China Mobile Ltd. (China), T-Mobile Us Inc. (United States), Alcatel-Lucent (France), Qualcomm (United State), Ericsson (Sweden), Nokia Solutions (Finland) and Huawei Technologies Co. Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Bharti Airtel Ltd. (India), GCT Semiconductor (United States), MediaTek (Taiwan) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Lte Chipset market by , Application (Tablets, Smartphones, Mobile Hotspots, USB Dongles and Ultra-Books) and Region.
On the basis of geography, the market of Lte Chipset has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Chipsets will boost the Lte Chipset market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Services, the sub-segment i.e. M2M will boost the Lte Chipset market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technologies, the sub-segment i.e. TD-LTE will boost the Lte Chipset market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase in Market Competency Across the Globe
Market Growth Drivers:
Growing demand for LTE chipsets that are expected to be highly impacted by embedded technology, and system-on-chip advancements. With the rapid development in new frequency bands or spectrum is forecast to grow the market over the forecast period.
Challenges:
High Cost Associated with Raw Material
Restraints:
High Complexity in Getting License of Trademarked Technologies and High Manufacturing Costs with Development of Complex Embedded Chipsets
Opportunities:
Rapid Emergence of Various Wireless Technologies and Growing Trend of Smart-Homes, Intelligent & Connected Living Rooms
Market Leaders and their expansionary development strategies
In August 2023, Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, and Sequans Communications S.A., a leader in 5G/4G cellular IoT chips and modules, today announced that the two companies have entered into a memorandum of understanding (the “MoU”).
In February 2024, VeriSilicon announced that it has collaborated with Innobase, a wireless communication technology and chip provider, to jointly launch a 5G RedCap/4G LTE dual-mode modem solution. The chip powering this new modem solution by Innobase has been taped out and verified, and is now in mass production and will be officially released to the global market soon.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analyst and Strategic Business Planners, LTE Chipset Manufacturers, and Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.