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Europe 5g Chipset Market Forecast 2019-2027

5G networks can deliver faster and more reliable communications. They can provide new connections to the Internet of Things networks, broadband fixed wireless, and faster video viewing, etc. From enabling Network-as-a-Service to autonomous vehicle connectivity, the 5G chipset technology has opened many doorways.
The Europe 5G chipset market is projected to propagate with a CAGR of about 36.72% during the forecast period of 2019-2027. The market had been valued at $XX million in the year 2019 and is depicted to generate a revenue of about $XX million by 2027.

The Europe region is one of the most technologically advanced regions since it comprises of countries whose market in technology is one of the premier ones in the world. Hence, the adoption of this technology will be easier in the Europe market. The growing need for data speed will be the main driver for this region coupled with the growing adoption of IoT which is going to push the sales for the market.
The major economies that are the chief contributors by revenue are the United Kingdom, Germany, France, Spain, Italy, Russia, and the remaining countries collectively establishing the Rest of Europe regional segment. The German market for 5G chipsets is anticipated to hold the largest revenue share by 2027, and the trial installations of 5G technology were initiated in 2018 and had been expected to be commercial by 2020.

The major market players profiled in the report are Hewlett Packard Enterprise, Nokia Corporation, Fujitsu, IBM, Qorvo, MediaTek Inc., Ericsson, Intel Corporation, Samsung Electronics Co. Ltd., Qualcomm Technologies, Inc., Broadcom, Huawei Technologies Co., Ltd., Infineon Technologies AG, Xilinx Inc., and ZTE Corporation.

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Europe 5g Chipset Market Forecast 2019-2027
Published By :Inkwood Research
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