Qualcomm Makes 5G a “reality” by launching the Snapdragon 855 5G Chipset
On 4th December 2018, Qualcomm, one of the leading telecommunications equipment companies, announced Snapdragon X50 5G Modem during their Annual Tech Summit Event. According to Qualcomm, this next generation processor is developed to improve key areas like performance, connectivity, Artificial Intelligence, the camera, gaming, entertainment and much more. This chipset is a part of Qualcomm’s 5G platform, which is supposed to offer a download speed of up to 5Gbps and expected to power most major flagship smartphones in 2019.
Top 5 features of Snapdragon 855:
- 45% improved CPU performance over the previous version-Snapdragon 845
- 20% better GPU performance from the Adreno 640 GPU
- New AI engine delivers 3 times the performance of the Snapdragon 845
- A smarter and more capable camera due to the new Spectra 380 ISP
- Launched Snapdragon Elite Gaming suite
Verified Market Research View Point:
Next generation technologies like Smart Cities, Internet of Things (IoT), Automation in Industries and Automotive calls for the demand for high-speed internet connectivity and broader network coverage. Such a growing demand for improved data speed with reduced latency and power consumption is driving the 5G Chipsets Market. The onset of 5G enabled smartphones and other smart devices, which need continuous mobile data services and growing IoT connections, are anticipated to fuel the growth of the market further. According to a report by Verified Market Research, the Global 5G Chipset Market will be gaining momentum and will grow at a faster pace. With the help of advanced technologies like Massive MIMO, mmWave Frequency band, use of Small Cells, Beamforming and more available bandwidth, there will be a sharp increase in the amount of data transmitted over wireless systems, which will, in turn, drive the 5G Chipset market globally. Consumer electronics, Automotive, and transportation end-user segment are expected to observe the highest growth over the forecast period.North America and APAC are expected to lead the 5G Chipset in terms of Market Size:
By region, North America is expected to hold the largest market share in terms of revenue till 2025 because of the rampant use of technologies like Self Driving Cars, IoT, Artificial Intelligence, Automated Industries, etc. Adding to it, North America is one of the prominent markets actively indulging itself in R&D related to 5G Technology, network design and presence of key market players. Following North America, the APAC nations are anticipated to grow at the highest CAGR from 2020 to 2025. Major driving forces include increasing use of smart devices needing high-speed data and IoT. Although, before this new technology becomes a reality for the consumers the mobile service providers have to upgrade their networks with 5G gear and mobile manufacturing companies have to make handsets with built-in 5G radios ready to be used in the upgraded network.Top 5G modem chipset manufacturers for smartphones:
- QUALCOMM
- SAMSUNG
- HUAWEI
- MediaTek
- INTEL
Conclusion:
Qualcomm definitely has an upper hand in manufacturing 5G chipsets and looking at its graph it is evident that it will lead the charts for the next few years in the industry. However, most of the mobile chipset makers are considering to make their own 5G chipsets and processors looking at the recent trends and also to reduce cost and dependency on their vendors. The increase in the efficiency of processes with the implementation of a 5G system, the increase in the ability to multitask as well as the time efficiency that the 5G chipset provide will definitely drive the 5G chipset Market but at the same time the rising demand for 5G services may lead to more potential competitors to enter the market, further stiffening the competition.Top Trending Blogs
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