Multi-mode Chipsets

Global Multi-mode Chipsets Market to Reach US$20.5 Billion by 2030

The global market for Multi-mode Chipsets estimated at US$10.1 Billion in the year 2024, is expected to reach US$20.5 Billion by 2030, growing at a CAGR of 12.5% over the analysis period 2024-2030. Smartphones, one of the segments analyzed in the report, is expected to record a 13.3% CAGR and reach US$12.0 Billion by the end of the analysis period. Growth in the Tablets segment is estimated at 8.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.8 Billion While China is Forecast to Grow at 11.9% CAGR

The Multi-mode Chipsets market in the U.S. is estimated at US$2.8 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2030 trailing a CAGR of 11.9% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 11.0% and 10.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 8.8% CAGR.

Global Multi-Mode Chipsets Market - Key Trends & Drivers Summarized

Why Are Multi-Mode Chipsets Crucial for Seamless Connectivity?

In an era where mobile connectivity is essential, multi-mode chipsets have emerged as a vital component in ensuring seamless communication across different network generations. These chipsets support multiple wireless standards, including 2G, 3G, 4G LTE, and 5G, enabling devices to switch between networks effortlessly. With the rapid expansion of 5G networks and the ongoing transition from legacy technologies, multi-mode chipsets allow for backward compatibility, ensuring a smooth user experience. The demand for multi-mode chipsets is increasing as consumers and enterprises seek devices that provide uninterrupted connectivity across global networks.

What Are the Key Trends Shaping the Multi-Mode Chipset Market?

The evolution of mobile technology is driving several key trends in the multi-mode chipset industry. One significant development is the integration of 5G and millimeter-wave (mmWave) technology, which enhances data speeds and reduces latency. Another trend is the growing adoption of system-on-chip (SoC) architectures, which integrate multiple functions into a single chipset, improving energy efficiency and reducing manufacturing costs. Additionally, advancements in carrier aggregation and dynamic spectrum sharing (DSS) are enabling better network utilization and seamless transitions between different frequency bands. The rise of the Internet of Things (IoT) and edge computing is also increasing the demand for multi-mode chipsets that can support various connectivity standards.

How Are Market Dynamics and Regulations Impacting the Industry?

The deployment of 5G networks worldwide is a key driver of multi-mode chipset adoption, as telecom operators phase out older networks and transition to next-generation connectivity. Governments and regulatory bodies are allocating new spectrum bands to support multi-mode communications, facilitating network expansion. However, geopolitical tensions and supply chain disruptions have impacted chipset production, leading to component shortages and pricing fluctuations. Additionally, regulatory requirements for network security and compliance are influencing chipset design and manufacturing processes, compelling industry players to invest in secure and efficient solutions.

What Is Driving the Growth of the Multi-Mode Chipset Market?

The growth in the multi-mode chipset market is driven by several factors, including the global rollout of 5G networks, increasing smartphone penetration, and rising demand for IoT-enabled devices. The growing adoption of smart home devices, industrial automation, and connected vehicles is also fueling the need for chipsets that can support multiple network standards. Furthermore, advancements in AI-powered network optimization are enhancing the performance of multi-mode chipsets, making them more efficient and adaptable. As consumers and businesses demand faster, more reliable connectivity, the multi-mode chipset industry is poised for significant expansion in the coming years.

SCOPE OF STUDY:

The report analyzes the Multi-mode Chipsets market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Application (Smartphones, Tablets, Wearable Devices, Other Applications)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 43 Featured) -

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

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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