Innovation Spotlight: 5G Chipset

Report Code: SMC124A


April 2020

The 5G chipset market is set to experience exponential growth because of its wide range of applications. The major factors driving growth will be an increasing demand for the IoT technology and machine-to-machine connections, coupled with an ever increasing demand for high-speed mobile data services and rapid development in automated devices. 5G, or the fifth generation of connectivity, is expected to be 10 times faster in speed and offer downloads of high-resolution movies or content in mere seconds.

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