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The development of 5G networks has provided record revenue in the global baseband-processor market
Strategy Analytics Records Strong Revenue Growth in the Global Baseband Processor Market – Chips that Power Cellular Connectivity in Mobile Devices.
According to the results of the third quarter of last year, the proceeds from the sale of these products on a global scale reached $ 7.1 billion – this is a record result. In monetary terms, deliveries jumped by more than a quarter compared to the same period last year – by 27%.
This significant growth is due to the rapid development of the segment of smartphones with support for fifth generation (5G) mobile communications. For the first time, revenue from sales of 5G products exceeded revenue from sales of 4G chips. The share of 5G solutions accounted for more than 50% of the total market volume in monetary terms.
Moreover, it is noted that shipments of baseband processors for devices with mobile communication of the fifth generation increased more than tenfold over the year.
The largest supplier of baseband chips in terms of revenue is Qualcomm with a 40% share in the third quarter of 2021. MediaTek is in second place with 22%, and Huawei HiSilicon closes the top three with 19%. Top 5 players also include Samsung LSI and Intel.