Press Release

India 5G Chipset Market is Expected to Register a CAGR of 22.10% Through 2030

Rising Demand for Faster Data Speeds & Enhanced Connectivity and Government Initiatives & Policy Support are likely to propel the market during the forecast period.


According to TechSci Research report, “India 5G Chipset Market – By Region, Competition, Forecast and Opportunities, 2020-2030F”, India 5G Chipset Market was valued at USD 6.99 Billion in 2024 and is expected to reach USD 23.37 Billion by 2030 with a CAGR of 22.10% during the forecast period.

The primary driver of the India 5G chipset market is the escalating demand for faster data speeds and enhanced connectivity across a variety of sectors. India, with its growing digital economy, has seen a significant surge in data consumption. The proliferation of high-speed internet across the country, driven by the widespread adoption of smartphones and digital services, has led to an increasing need for faster and more reliable networks. 5G technology, offering ultra-fast data transmission rates, lower latency, and the ability to support a massive number of connected devices, is seen as the next step in satisfying these needs.

The need for faster speeds is not limited to individual consumers but also spans industries such as healthcare, automotive, manufacturing, and entertainment. For example, industries like telemedicine and remote surgeries demand ultra-low latency and high bandwidth, both of which 5G chipsets can provide. The emergence of technologies like augmented reality (AR) and virtual reality (VR) also requires robust data speeds to function optimally, contributing further to the demand for 5G infrastructure and chipsets. Additionally, with the ongoing development of smart cities and the Internet of Things (IoT), the demand for high-speed connectivity is expected to soar. In India, several state governments have launched initiatives for developing smart cities, which will rely heavily on 5G to enable seamless connectivity between smart devices and infrastructure. 5G chipsets are critical in supporting this digital transformation by facilitating high-speed communication across multiple platforms and devices. As businesses and consumers alike seek to enhance their digital experiences, the demand for 5G chipsets will continue to rise in India, driving the market forward.

The consumer mobile market, which is a significant segment of India's growing 5G adoption, also plays a crucial role in this demand. As India’s mobile phone penetration continues to increase, there is a clear shift towards 5G-capable smartphones. The availability of affordable 5G-enabled devices further fuels the desire for faster, more reliable connectivity, compelling both consumers and telecom operators to upgrade their network infrastructure and devices. Consequently, 5G chipsets, with their advanced capabilities, are expected to witness a sustained demand, supporting this broader trend of digital advancement in India.


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Based on End User, The IT & Telecommunication held the largest market share in 2024.  The IT and Telecommunication sector dominates the India 5G chipset market primarily due to the direct correlation between 5G technology and the telecommunications infrastructure required to enable high-speed, low-latency mobile networks. The telecommunication industry serves as the backbone of 5G deployment, and the demand for 5G chipsets in this sector is substantial, given the need for advanced components to facilitate network upgrades and the rollout of 5G services across the country.

Telecom operators in India, such as Reliance Jio, Bharti Airtel, and Vodafone Idea, have been at the forefront of the 5G rollout, making large-scale investments in infrastructure to ensure seamless connectivity. As the country transitions from 4G to 5G, telecom companies are upgrading their base stations, antennas, and radio access networks (RAN) to support 5G frequencies. These upgrades require sophisticated 5G chipsets capable of supporting higher data transfer speeds, improved network capacity, and low latency. Therefore, a significant portion of the chipset market is driven by the telecommunications industry’s need to equip its infrastructure with the necessary hardware.

The IT sector plays a vital role in driving demand for 5G chipsets in India. The integration of 5G technology is essential for enabling a new wave of digital transformation, from cloud computing and edge computing to artificial intelligence (AI) and the Internet of Things (IoT). 5G chipsets are integral to supporting these technologies, which are being increasingly adopted by Indian businesses to enhance operational efficiency and improve customer experiences. As a result, companies in IT and telecommunication sectors are investing heavily in 5G-capable devices and infrastructure, fueling the growth of the chipset market. Furthermore, the government’s push for a “Digital India” initiative and the expansion of high-speed broadband networks have further intensified the demand for 5G chipsets, solidifying the dominance of the IT and telecommunication sectors in the market.

Based on region, North India is emerging as the fastest-growing region in the India 5G chipset market due to several key factors that contribute to its rapid adoption of 5G technology.

One of the main reasons is the region’s large and diverse population, which has a high demand for mobile connectivity. States like Delhi, Uttar Pradesh, Haryana, and Punjab are home to millions of mobile users, and the increasing demand for faster, more reliable connectivity is driving the adoption of 5G-enabled smartphones and devices. With the rollout of 5G networks in these states, particularly in urban centers, the need for 5G chipsets has significantly increased. The government's efforts to digitalize these regions through initiatives like the Smart Cities Mission and Digital India have further accelerated the demand for advanced mobile technology.

North India has a significant presence of key telecom players such as Airtel, Jio, and Vodafone Idea, who have aggressively pursued the deployment of 5G networks. These telecom operators are focusing on expanding 5G infrastructure in cities like Delhi, Chandigarh, and Lucknow, contributing to the growth of 5G chipset demand. The region is also a hub for tech startups and digital enterprises, increasing the need for high-speed connectivity for IoT applications, cloud computing, and AI-driven services. This is fostering growth in the adoption of 5G-enabled devices beyond smartphones, including connected vehicles, industrial IoT, and smart home devices, further driving the demand for 5G chipsets.


Major companies operating in the India 5G Chipset Market are: 

  • Qualcomm Incorporated
  • Samsung Electronics Co., Ltd.
  • Huawei Technologies Co., Ltd.
  • Intel Corporation
  • NVIDIA Corporation
  • Broadcom Inc.
  • Ericsson AB
  • Texas Instruments Inc. 


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The India 5G chipset market presents significant growth opportunities driven by increasing demand for high-speed connectivity, the expansion of 5G infrastructure, and the proliferation of 5G-enabled devices across various sectors. Key growth drivers include the rise of affordable 5G smartphones, widespread IoT adoption, and the integration of 5G in diverse industries such as healthcare, manufacturing, and automotive.  India's focus on local semiconductor manufacturing and the government's push for digital transformation further enhance market potential. As the country accelerates its 5G rollout, demand for innovative, cost-effective, and energy-efficient chipsets is expected to surge, creating ample opportunities for market players.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm. 

India 5G Chipset Market, By Type (Application Specific Integrated Circuit, Radio Frequency Integrated Circuit, Millimeter Wave Integrated Circuit, Cellular Integrated Circuit), By Frequency (Sub-6 GHZ, 26-39 GHZ, Above 39 GHZ), By Deployment Type (Smartphone, Connected Vehicles, Connected Devices, Broadband Access Gateway Devices), By End User (Energy & Utilities, Manufacturing, IT & Telecommunication, Media & Entertainment, Transportation & Logistics, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of India 5G Chipset Market and provides statistics & information on Market size, structure and future Market growth. The report intends to provide cutting-edge Market intelligence and help decision-makers make sound investment decisions., The report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the India 5G Chipset Market. 


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