Multi-Mode Chipset Market

Multi-mode Chipset Market (Application: Smartphones, Tablets, Wearable Devices, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Global Multi-mode Chipset Market Outlook 2031

  • The industry was valued at US$ 5.8 Bn in 2022
  • It is estimated to advance at a CAGR of 13.0% from 2023 to 2031 and reach US$ 17.2 Bn by the end of 2031

Analyst Viewpoint

Increase in adoption of 5G devices and R&D of new products are fueling the multi-mode chipset market size. Multi-mode chipsets offer improved power efficiency, higher data transmission rates, and enhanced interoperability.

The demand for multi-mode chipsets capable of supporting 5G and legacy technologies is expected to grow significantly as the deployment of 5G networks continues to expand globally.

Key players in the global multi-mode chipset market are prioritizing reliable chipsets to ensure high-quality networks for full automation and robust security, safeguarding business data.

They are also emphasizing innovations in wireless communication chipsets and investing in advanced 5G chipsets to meet the demand for fast connectivity.

Market Introduction

Multi-mode chipset is an integrated circuit incorporating several wireless communication modes in one single chip. It enables devices to connect to several wireless networks, including Wi-Fi, Bluetooth, 3G, and 4G. This technology makes gadgets adaptable and versatile, enabling smooth network connectivity.

Multi-mode chipsets chip play an important role in facilitating the integration of multiple communication technologies into a single device. All-mode integrated chips offer increased flexibility and efficiency by combining several wireless connectivity modes, allowing devices to switch between networks and adjust to a variety of communication needs.

Attribute Detail
Drivers
  • Increase in Adoption of 5G Devices
  • R&D of New Products

Increase in Adoption of 5G Devices Propelling Multi-mode Chipset Market Demand

Rise in the popularity of devices that enable 5G networks is one of the major developments in the multi-mode chipset industry. Telecommunications companies around the globe are concentrating on providing quick and fast data transfer networks, which can be better and faster than current 4G service offerings.

Thus, telecom companies are more interested in deploying 5G services. Several multi-mode chipset vendors have begun to commercialize 5G by focusing on Gigabit LTE. This, in turn, is expected to spur the multi-mode chipset market growth in the near future.

In January 2023, Bharat Sanchar Nigam Limited (BSNL) partnered with Echelon Edge to set up a private 5G network for enterprise customers. This partnership enabled Echelon Edge to provide private long-term evolution (LTE) and 5G services under the BSNL spectrum allocated for private networks.

R&D of New Products Augmenting Market Development

Multi-mode chipset is a single chip that combines several communication technologies, allowing gadgets and various devices to handle multiple wireless networks at the same time.

Multi-mode chipsets, which offer distinctive design specifications to meet the expanding need for next-generation wireless applications globally, represent a significant improvement in chipset technology.

A wide range of innovative technologies, such as self-driving car devices, cloud computing services, smart home appliances, and next-generation computing, have been brought to market with the introduction of 5G multi-mode chipset designs.

Key players are launching advanced multi-mode chipsets with improved power efficiency, higher data transmission rates, and better interoperability, thereby boosting the multi-mode chipset market value. In June 2021, Samsung introduced new chipsets for 5G solutions and devices.

These new line products include baseband units, compact macro, and massive MIMO units and have the third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, the Digital Front End (DFE)-RFIC integrated chip, and the second-generation 5G modem System-on-Chip (SoC).

Regional Multi-mode Chipset Market Insights

Attribute Detail
Leading Region North America

North America held largest share in 2022. Rapid urbanization, developed industrial sector, presence of key players, and rise in demand for fast communication are fueling the market dynamics of the region. In 2020, the U.S. National Telecommunications and Information Administration launched its national strategy to roll out 5G across the country.

Increase in investment in 5G technology and rise in domestic production of 5G-capable devices are boosting the multi-mode chipset market share in Canada. Mexico is fortifying its position and generating profitable prospects for the expansion of the 5G chipset industry through the implementation of diverse business tactics.

Analysis of Key Players

HiSilicon Technologies, Intel Corporation, Qualcomm Technologies Inc., Samsung Group, MediaTek, Spreadtrum Communications, Marvell Technology Group, Altair Semiconductor, Inc., Broadcom Corporation, and GCT Semiconductor Inc. are key players in the multi-mode chipset landscape.

Key players are making efforts to provide reliable chipsets as this will provide a high-quality network ensuring full automation of operations and assuring network security that protects the businesses’ data.

Chipset makers are investing in the development of advanced 5G chipsets to meet the growth in need for fast connectivity and enable cutting-edge innovations such as Virtual Reality (VR) and Augmented Reality (AR).

Each of the key players has been profiled in the multi-mode chipset industry report based on parameters such as company overview, business strategies, financial overview, business segments, product portfolio, and recent developments.

Key Developments in Multi-mode Chipset Market

  • In February 2024, VeriSilicon collaborated with Innobase, a wireless communication technology and chip provider, to jointly launch a 5G RedCap/4G LTE dual-mode modem solution
  • In October 2023, Qualcomm announced two new chips designed to tap into generative AI across PCs, laptops, and flagship Android phones at its Snapdragon Summit

Multi-mode Chipset Market Snapshot

Attribute Detail
Market Size in 2022 US$ 5.8 Bn
Market Forecast (Value) in 2031 US$ 17.2 Bn
Growth Rate (CAGR) 13.0%
Forecast Period 2023-2031
Historical Data Available for 2017-2021
Quantitative Units US$ Bn for Value
Market Analysis It includes segment analysis as well as regional level analysis. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces Analysis, value chain analysis, and key trend analysis.
Competition Landscape
  • Market share analysis by company (2022)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy and recent developments, and key financials
Format Electronic (PDF) + Excel
Market Segmentation
  • Application
    • Smartphones
    • Tablets
    • Wearable Devices
    • Others
Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America
Countries Covered
  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Japan
  • China
  • India
  • South Korea
  • ASEAN
  • Brazil
  • GCC
  • South Africa
Companies Profiled
  • HiSilicon Technologies
  • Intel Corporation
  • Qualcomm Technologies Inc.
  • Samsung Group
  • MediaTek
  • Spreadtrum Communications
  • Marvell Technology Group
  • Altair Semiconductor, Inc.
  • Broadcom Corporation
  • GCT Semiconductor Inc.
Customization Scope Available upon request
Pricing Available upon request

Frequently Asked Questions

How big was the global multi-mode chipset market in 2022?

It was valued at US$ 5.8 Bn in 2022

How is the multi-mode chipset business expected to grow by 2031?

It is projected to advance at a CAGR of 13.0% during the forecast period

What are the key factors driving the demand for multi-mode chipsets?

Increase in adoption of 5G devices and R&D of new products

Which was the major region in the multi-mode chipset landscape in 2022?

North America was the leading region in 2022

Who are the key multi-mode chipset manufacturers?

HiSilicon Technologies, Intel Corporation, Qualcomm Technologies Inc., Samsung Group, MediaTek, Spreadtrum Communications, Marvell Technology Group, Altair Semiconductor, Inc., Broadcom Corporation, and GCT Semiconductor Inc.

    1. Preface

        1.1. Market and Segment Definitions

        1.2. Market Taxonomy

        1.3. Research Methodology

        1.4. Assumption and Acronyms

    2. Executive Summary

        2.1. Global Multi-mode Chipset Market Overview

        2.2. Regional Outline

        2.3. Industry Outline

        2.4. Market Dynamics Snapshot

        2.5. Competition Blueprint

    3. Market Dynamics

        3.1. Macro-economic Factors

        3.2. Drivers

        3.3. Restraints

        3.4. Opportunities

        3.5. Key Trends

        3.6. Regulatory Framework

    4. Associated Industry and Key Indicator Assessment

        4.1. Parent Industry Overview – Industry Automation Overview

        4.2. Ecosystem Analysis

        4.3. Pricing Analysis

        4.4. Technology Roadmap Analysis

        4.5. Industry SWOT Analysis

        4.6. Porter Five Forces Analysis

    5. Global Multi-mode Chipset Market Analysis, by Application

        5.1. Multi-mode Chipset Market Size (US$ Mn) and Analysis & Forecast, by Application, 2017–2031

            5.1.1. Smartphones

            5.1.2. Tablets

            5.1.3. Wearable Devices

            5.1.4. Others

        5.2. Market Attractiveness Analysis, by Application

    6. Global Multi-mode Chipset Market Analysis and Forecast, by Region

        6.1. Multi-mode Chipset Market Size (US$ Mn) Analysis & Forecast, by Region, 2017–2031

            6.1.1. North America

            6.1.2. Europe

            6.1.3. Asia Pacific

            6.1.4. Middle East & Africa

            6.1.5. South America

        6.2. Market Attractiveness Analysis, by Region

    7. North America Multi-mode Chipset Market Analysis and Forecast

        7.1. Market Snapshot

        7.2. Multi-mode Chipset Market Size (US$ Mn) Analysis & Forecast, by Application, 2017–2031

            7.2.1. Smartphones

            7.2.2. Tablets

            7.2.3. Wearable Devices

            7.2.4. Others

        7.3. Multi-mode Chipset Market Size (US$ Mn) Analysis & Forecast, by Country, 2017–2031

            7.3.1. U.S.

            7.3.2. Canada

            7.3.3. Rest of North America

        7.4. Market Attractiveness Analysis

            7.4.1. By Application

            7.4.2. By Country

    8. Europe Multi-mode Chipset Market Analysis and Forecast

        8.1. Market Snapshot

        8.2. Multi-mode Chipset Market Size (US$ Mn) Analysis & Forecast, by Application, 2017–2031

            8.2.1. Smartphones

            8.2.2. Tablets

            8.2.3. Wearable Devices

            8.2.4. Others

        8.3. Multi-mode Chipset Market Size (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2017–2031

            8.3.1. U.K.

            8.3.2. Germany

            8.3.3. France

            8.3.4. Rest of Europe

        8.4. Market Attractiveness Analysis

            8.4.1. By Application

            8.4.2. By Country/Sub-region

    9. Asia Pacific Multi-mode Chipset Market Analysis and Forecast

        9.1. Market Snapshot

        9.2. Multi-mode Chipset Market Size (US$ Mn) Analysis & Forecast, by Application, 2017–2031

            9.2.1. Smartphones

            9.2.2. Tablets

            9.2.3. Wearable Devices

            9.2.4. Others

        9.3. Multi-mode Chipset Market Size (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2017–2031

            9.3.1. China

            9.3.2. Japan

            9.3.3. India

            9.3.4. South Korea

            9.3.5. ASEAN

            9.3.6. Rest of Asia Pacific

        9.4. Market Attractiveness Analysis

            9.4.1. By Application

            9.4.2. By Country/Sub-region

    10. Middle East & Africa Multi-mode Chipset Market Analysis and Forecast

        10.1. Market Snapshot

        10.2. Multi-mode Chipset Market Size (US$ Mn) Analysis & Forecast, by Application, 2017–2031

            10.2.1. Smartphones

            10.2.2. Tablets

            10.2.3. Wearable Devices

            10.2.4. Others

        10.3. Multi-mode Chipset Market Size (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2017–2031

            10.3.1. GCC

            10.3.2. South Africa

            10.3.3. Rest of Middle East & Africa

        10.4. Market Attractiveness Analysis

            10.4.1. By Application

            10.4.2. By Country/Sub-region

    11. South America Multi-mode Chipset Market Analysis and Forecast

        11.1. Market Snapshot

        11.2. Multi-mode Chipset Market Size (US$ Mn) Analysis & Forecast, by Application, 2017–2031

            11.2.1. Smartphones

            11.2.2. Tablets

            11.2.3. Wearable Devices

            11.2.4. Others

        11.3. Multi-mode Chipset Market Size (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2017–2031

            11.3.1. Brazil

            11.3.2. Rest of South America

        11.4. Market Attractiveness Analysis

            11.4.1. By Application

            11.4.2. By Country/Sub-region

    12. Competition Assessment

        12.1. Global Multi-mode Chipset Market Competition Matrix - a Dashboard View

            12.1.1. Global Multi-mode Chipset Market Company Share Analysis, by Value (2022)

            12.1.2. Technological Differentiator

    13. Company Profiles (Global Manufacturers/Suppliers)

            13.1. HiSilicon Technologies

            13.1.1. Overview

            13.1.2. Product Portfolio

            13.1.3. Sales Footprint

            13.1.4. Key Subsidiaries or Distributors

            13.1.5. Strategy and Recent Developments

            13.1.6. Key Financials

        13.2. Intel Corporation

            13.2.1. Overview

            13.2.2. Product Portfolio

            13.2.3. Sales Footprint

            13.2.4. Key Subsidiaries or Distributors

            13.2.5. Strategy and Recent Developments

            13.2.6. Key Financials

        13.3. Qualcomm Technologies Inc.

            13.3.1. Overview

            13.3.2. Product Portfolio

            13.3.3. Sales Footprint

            13.3.4. Key Subsidiaries or Distributors

            13.3.5. Strategy and Recent Developments

            13.3.6. Key Financials

        13.4. Samsung Group

            13.4.1. Overview

            13.4.2. Product Portfolio

            13.4.3. Sales Footprint

            13.4.4. Key Subsidiaries or Distributors

            13.4.5. Strategy and Recent Developments

            13.4.6. Key Financials

        13.5. MediaTek

            13.5.1. Overview

            13.5.2. Product Portfolio

            13.5.3. Sales Footprint

            13.5.4. Key Subsidiaries or Distributors

            13.5.5. Strategy and Recent Developments

            13.5.6. Key Financials

        13.6. Spreadtrum Communications

            13.6.1. Overview

            13.6.2. Product Portfolio

            13.6.3. Sales Footprint

            13.6.4. Key Subsidiaries or Distributors

            13.6.5. Strategy and Recent Developments

            13.6.6. Key Financials

        13.7. Marvell Technology Group

            13.7.1. Overview

            13.7.2. Product Portfolio

            13.7.3. Sales Footprint

            13.7.4. Key Subsidiaries or Distributors

            13.7.5. Strategy and Recent Developments

            13.7.6. Key Financials

        13.8. Altair Semiconductor, Inc.

            13.8.1. Overview

            13.8.2. Product Portfolio

            13.8.3. Sales Footprint

            13.8.4. Key Subsidiaries or Distributors

            13.8.5. Strategy and Recent Developments

            13.8.6. Key Financials

        13.9. Broadcom Corporation

            13.9.1. Overview

            13.9.2. Product Portfolio

            13.9.3. Sales Footprint

            13.9.4. Key Subsidiaries or Distributors

            13.9.5. Strategy and Recent Developments

            13.9.6. Key Financials

        13.10. GCT Semiconductor Inc.

            13.10.1. Overview

            13.10.2. Product Portfolio

            13.10.3. Sales Footprint

            13.10.4. Key Subsidiaries or Distributors

            13.10.5. Strategy and Recent Developments

            13.10.6. Key Financials

    14. Go to Market Strategy

        14.1. Identification of Potential Market Spaces

        14.2. Preferred Sales & Marketing Strategy

    List of Tables

    Table 1: Global Multi-mode Chipset Market Value (US$ Mn) & Forecast, by Application, 2017–2031

    Table 2: Global Multi-mode Chipset Market Value (US$ Mn) & Forecast, by Region, 2017–2031

    Table 3: North America Multi-mode Chipset Market Value (US$ Mn) & Forecast, by Application, 2017–2031

    Table 4: North America Multi-mode Chipset Market Value (US$ Mn) & Forecast, by Country, 2017–2031

    Table 5: Europe Multi-mode Chipset Market Value (US$ Mn) & Forecast, by Application, 2017–2031

    Table 6: Europe Multi-mode Chipset Market Value (US$ Mn) & Forecast, by Country and Sub-region, 2017–2031

    Table 7: Asia Pacific Multi-mode Chipset Market Value (US$ Mn) & Forecast, by Application, 2017–2031

    Table 8: Asia Pacific Multi-mode Chipset Market Value (US$ Mn) & Forecast, by Country and Sub-region, 2017–2031

    Table 9: Middle East & Africa Multi-mode Chipset Market Value (US$ Mn) & Forecast, by Application, 2017–2031

    Table 10: Middle East & Africa Multi-mode Chipset Market Value (US$ Mn) & Forecast, by Country and Sub-region, 2017–2031

    Table 11: South America Multi-mode Chipset Market Value (US$ Mn) & Forecast, by Application, 2017–2031

    Table 12: South America Multi-mode Chipset Market Value (US$ Mn) & Forecast, by Country and Sub-region, 2017–2031

    List of Figures

    Figure 01: Supply Chain Analysis - Global Multi-mode Chipset Market

    Figure 02: Porter Five Forces Analysis – Global Multi-mode Chipset Market

    Figure 03: Technology Road Map - Global Multi-mode Chipset Market

    Figure 04: Global Multi-mode Chipset Market, Value (US$ Mn), 2017–2031

    Figure 05: Global Multi-mode Chipset Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2017–2031

    Figure 06: Global Multi-mode Chipset Market Projections, by Application, Value (US$ Mn), 2017–2031

    Figure 07: Global Multi-mode Chipset Market, Incremental Opportunity, by Application, 2023–2031

    Figure 08: Global Multi-mode Chipset Market Share Analysis, by Application, 2022–2031

    Figure 09: Global Multi-mode Chipset Market Projections, by Region, Value (US$ Mn), 2017–2031

    Figure 10: Global Multi-mode Chipset Market, Incremental Opportunity, by Region, 2023–2031

    Figure 11: Global Multi-mode Chipset Market Share Analysis, by Region, 2022–2031

    Figure 12: North America Multi-mode Chipset Market Size & Forecast, Value (US$ Mn), 2017–2031

    Figure 13: North America Multi-mode Chipset Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2017–2031

    Figure 14: North America Multi-mode Chipset Market Projections, by Application Value (US$ Mn), 2017–2031

    Figure 15: North America Multi-mode Chipset Market, Incremental Opportunity, by Application, 2023–2031

    Figure 16: North America Multi-mode Chipset Market Share Analysis, by Application, 2022–2031

    Figure 17: North America Multi-mode Chipset Market Projections, by Country, Value (US$ Mn), 2017–2031

    Figure 18: North America Multi-mode Chipset Market, Incremental Opportunity, by Country and Sub-region, 2023–2031

    Figure 19: North America Multi-mode Chipset Market Share Analysis, by Country, 2022–2031

    Figure 20: Europe Multi-mode Chipset Market Size & Forecast, Value (US$ Mn), 2017–2031

    Figure 21: Europe Multi-mode Chipset Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2017–2031

    Figure 22: Europe Multi-mode Chipset Market Projections, by Application Value (US$ Mn), 2017–2031

    Figure 23: Europe Multi-mode Chipset Market, Incremental Opportunity, by Application, 2023–2031

    Figure 24: Europe Multi-mode Chipset Market Share Analysis, by Application, 2022–2031

    Figure 25: Europe Multi-mode Chipset Market Projections, by Country and Sub-region, Value (US$ Mn), 2017–2031

    Figure 26: Europe Multi-mode Chipset Market, Incremental Opportunity, by Country and Sub-region, 2023–2031

    Figure 27: Europe Multi-mode Chipset Market Share Analysis, by Country and Sub-region 2022–2031

    Figure 28: Asia Pacific Multi-mode Chipset Market Size & Forecast, Value (US$ Mn), 2017–2031

    Figure 29: Asia Pacific Multi-mode Chipset Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2017–2031

    Figure 30: Asia Pacific Multi-mode Chipset Market Projections, by Application Value (US$ Mn), 2017–2031

    Figure 31: Asia Pacific Multi-mode Chipset Market, Incremental Opportunity, by Application, 2023–2031

    Figure 32: Asia Pacific Multi-mode Chipset Market Share Analysis, by Application, 2022–2031

    Figure 33: Asia Pacific Multi-mode Chipset Market Projections, by Country and Sub-region, Value (US$ Mn), 2017–2031

    Figure 34: Asia Pacific Multi-mode Chipset Market, Incremental Opportunity, by Country and Sub-region, 2023–2031

    Figure 35: Asia Pacific Multi-mode Chipset Market Share Analysis, by Country and Sub-region 2022–2031

    Figure 36: Middle East & Africa Multi-mode Chipset Market Size & Forecast, Value (US$ Mn), 2017–2031

    Figure 37: Middle East & Africa Multi-mode Chipset Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2017–2031

    Figure 38: Middle East & Africa Multi-mode Chipset Market Projections, by Application Value (US$ Mn), 2017–2031

    Figure 39: Middle East & Africa Multi-mode Chipset Market, Incremental Opportunity, by Application, 2023–2031

    Figure 40: Middle East & Africa Multi-mode Chipset Market Share Analysis, by Application, 2022–2031

    Figure 41: Middle East & Africa Multi-mode Chipset Market Projections, by Country and Sub-region, Value (US$ Mn), 2017–2031

    Figure 42: Middle East & Africa Multi-mode Chipset Market, Incremental Opportunity, by Country and Sub-region, 2023–2031

    Figure 43: Middle East & Africa Multi-mode Chipset Market Share Analysis, by Country and Sub-region 2022–2031

    Figure 44: South America Multi-mode Chipset Market Size & Forecast, Value (US$ Mn), 2017–2031

    Figure 45: South America Multi-mode Chipset Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2017–2031

    Figure 46: South America Multi-mode Chipset Market Projections, by Application Value (US$ Mn), 2017–2031

    Figure 47: South America Multi-mode Chipset Market, Incremental Opportunity, by Application, 2023–2031

    Figure 48: South America Multi-mode Chipset Market Share Analysis, by Application, 2022–2031

    Figure 49: South America Multi-mode Chipset Market Projections, by Country and Sub-region, Value (US$ Mn), 2017–2031

    Figure 50: South America Multi-mode Chipset Market, Incremental Opportunity, by Country and Sub-region, 2023–2031

    Figure 51: South America Multi-mode Chipset Market Share Analysis, by Country and Sub-region 2022–2031

    Figure 52: Global Multi-mode Chipset Market Competition

    Figure 53: Global Multi-mode Chipset Market Company Share Analysis

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