Europe 5G Chipset Market to 2027 - Regional Analysis and Forecasts by Operation Frequency, Product ...
(WorldNews Europe)

DUBLIN--(BUSINESS WIRE)--Apr 6, 2020-- The `Europe 5G Chipset Market to 2027 - Regional Analysis and Forecasts by Operation Frequency; Product; End-User` report has been added to ResearchAndMarkets.com`s offering. The Europe 5G chipset market accounted for US$ 250.4 Mn in 2019 and is expected to grow at a CAGR of 46.2% over the forecast period 2019-2027, to account for US$ 5228.6 Mn in 2027. Some of the factors propelling the market for 5G chipsets include the rise in need for internet coverage with reduced power consumption, rise in the demand for high-speed network, growing M2M/IoT connections, and rising in demand for mobile data services. However, the high cost of hardware in the...