Multi-mode Chipset Market
By Technology;
4G, 5G, LTE, Wi-Fi, and OthersBy Application;
Smartphones, Tablets, and OthersBy End-User;
Consumer Electronics, Automotive, Telecommunications, Healthcare, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Multi-mode Chipset Market Overview
Multi-mode Chipset Market (USD Million)
Multi-mode Chipset Market was valued at USD 7,318.88 million in the year 2024. The size of this market is expected to increase to USD 16,796.29 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.6%.
Multi-mode Chipset Market
*Market size in USD million
CAGR 12.6 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 12.6 % |
Market Size (2024) | USD 7,318.88 Million |
Market Size (2031) | USD 16,796.29 Million |
Market Concentration | Low |
Report Pages | 397 |
Major Players
- Hisilicon Technologies
- Intel
- MediaTek
- QUALCOMM
- SAMSUNG
- Spreadtrum Communications
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Multi-mode Chipset Market
Fragmented - Highly competitive market without dominant players
The Multi‑mode Chipset Market is gaining momentum, with more than 50% of consumer and IoT devices incorporating chipsets that support multiple wireless standards to boost integration and device versatility. These chipsets simplify hardware architecture and reduce component count. Through targeted strategies, manufacturers are optimizing cross-mode performance and efficiency. The result is persistent growth in mobile, wearable, and industrial equipment.
Opportunities and Expansion
Around 45% of OEMs are embracing opportunities in multi‑band, multi‑mode chipsets that enable seamless transitions between networks, dual SIM modes, and synchronized connections. This improves user experience and network dependability. As connectivity becomes ubiquitous, these chipsets are powering impressive expansion into sectors such as remote monitoring, smart retail, and connected healthcare.
Technological Advancements
Driven by technological advancements, over 60% of developers are introducing innovations like AI-based network switching, integrated antennas, and dynamic power scaling. These improvements enhance signal strength, responsiveness, and battery efficiency. A wave of innovation in chipset design is delivering intelligent, adaptive devices optimized for modern connectivity demands.
Future Outlook
With over 55% of product roadmaps including multi‑mode chipset upgrades, the future outlook is optimistic. These chipsets will catalyze enterprise growth by enabling devices to stay connected in varying network conditions, reducing hardware complexity. As the digital fabric becomes more interconnected, multi‑mode chipsets will anchor expansion across edge computing, autonomous systems, and next-gen mobile experiences.
Multi-mode Chipset Market Recent Developments
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In April 2020, Samsung launched its Exynos 5G multi-mode chipsets, including the Exynos Modem 5100, Exynos RF 5500, and Exynos SM 5800, enhancing 5G connectivity for devices using sub-6 GHz spectrum.
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In December 2020, Qualcomm introduced its latest multimode chipset generated for Internet of Things (IoT) applications using NB-IoT or LTE-M connectivity. The 3GPP version 14-capable 9205 LTE modem has considerable improvements over its predecessor, the MDM9206, in important parameters like as footprint, electrical consumption, and cost.
Multi-mode Chipset Market Segment Analysis
In this report, the Multi-mode Chipset Market has been segmented by Technology, Distribution Channel, Application and Geography.
Multi-mode Chipset Market, Segmentation by Technology
The Multi-mode Chipset Market has been segmented by Technology into 4G, 5G, LTE, Wi-Fi, and Others
4G
The demand for 4G chipsets remains stable, particularly in regions with limited 5G infrastructure. These chipsets continue to support legacy networks and cost-effective smartphone models, accounting for nearly 30% of the market share.
5G
5G chipsets dominate the market, driven by rising adoption in smartphones, IoT, and autonomous systems. With increasing rollouts globally, they contribute to approximately 45% of the total market, reflecting the industry's future-focused investments.
LTE
LTE chipsets offer a balance between speed and compatibility, especially in developing countries. Although gradually declining in growth, they still make up around 15% of the market due to widespread device support.
Wi-Fi
Wi-Fi chipsets are integral to enabling seamless indoor connectivity across devices. The segment is gaining traction, particularly with advances in Wi-Fi 6 and 6E technologies, contributing nearly 7% to the market.
Others
This segment includes emerging and hybrid technologies that cater to specialized applications like V2X communication and LPWAN. Though currently small, this segment is witnessing experimental growth and holds around 3% of market share.
Multi-mode Chipset Market, Segmentation by Application
The Multi-mode Chipset Market has been segmented by Application into Smartphones, Tablets and Others.
Smartphones
Smartphones represent the largest application segment for multi-mode chipsets, accounting for over 60% of the market. The high demand for seamless connectivity across 4G, 5G, and Wi-Fi networks is driving chipset integration in mobile devices globally.
Tablets
Tablets contribute significantly to the market as demand rises in education, business, and entertainment sectors. With support for multi-band operations, this segment holds nearly 25% of the overall market.
Others
The 'Others' category includes devices such as wearables, routers, and IoT modules that require robust multi-network connectivity. This segment comprises around 15% of the market and is projected to expand with IoT proliferation.
Multi-mode Chipset Market, Segmentation by End-User
The Multi-mode Chipset Market has been segmented by End-User into Consumer Electronics, Automotive, Telecommunications, Healthcare, and Others
Consumer Electronics
Consumer electronics dominate the multi-mode chipset market, driven by the proliferation of smartphones, tablets, and wearables. This segment represents over 50% of the market, reflecting the high volume and integration of connectivity features in daily-use devices.
Automotive
The integration of multi-mode chipsets in vehicles supports V2X communication, navigation, and infotainment systems. This segment accounts for approximately 18% of the market, fueled by trends in connected cars and autonomous driving.
Telecommunications
Telecom infrastructure increasingly utilizes multi-mode chipsets to manage data traffic across 4G, 5G, and Wi-Fi networks. Holding around 15% market share, this segment plays a critical role in enabling seamless network performance and scalability.
Healthcare
Healthcare applications of multi-mode chipsets include remote monitoring devices and connected diagnostics. Although a niche segment, it contributes about 10% to the market and is growing with the expansion of telemedicine and smart medical devices.
Others
This segment comprises industries like industrial automation and smart homes, where connectivity across multiple networks is increasingly essential. It currently accounts for roughly 7% of the market, with potential for future growth.
Multi-mode Chipset Market, Segmentation by Geography
In this report, the Multi-mode Chipset Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Multi-mode Chipset Market Share (%), by Geographical Region
North America
North America holds a substantial share of the multi-mode chipset market due to advanced telecommunication infrastructure and early adoption of 5G technology. The region accounts for approximately 30% of the global market.
Europe
Europe contributes significantly, driven by stringent standards for automotive connectivity and growing investments in IoT technologies. The region holds nearly 22% of the market share.
Asia Pacific
Asia Pacific leads the market in terms of volume, fueled by the massive consumer base in countries like China, India, and Japan. With strong demand in consumer electronics and telecom sectors, it commands around 35% of the market.
Middle East and Africa
The Middle East and Africa region is witnessing gradual growth in smartphone penetration and infrastructure upgrades. It accounts for roughly 7% of the global market, with potential for expansion as connectivity initiatives rise.
Latin America
Latin America is experiencing steady growth, driven by increased adoption of smart devices and expanding telecom coverage. This region currently contributes about 6% to the market.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Multi-mode Chipset Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Growing demand for seamless global connectivity
- Proliferation of smartphones and smart devices
- Rapid adoption of 5G and LTE networks
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Integration of multiple wireless standards in devices - The growing need for uninterrupted global communication is driving the integration of multiple wireless standards into a single chipset. Modern users expect their devices to support 2G, 3G, 4G, 5G, Wi-Fi, and Bluetooth connectivity simultaneously. Multi-mode chipsets simplify this requirement by combining various standards, enabling seamless switching between networks for optimal performance and universal device compatibility.
This level of integration allows manufacturers to reduce component count, save board space, and enhance device efficiency. Smartphones, tablets, wearables, and IoT products increasingly depend on multi-standard chipsets to meet user expectations for always-connected experiences. As the demand for cross-functional wireless technologies rises, these chipsets offer scalability and versatility without compromising connectivity quality.
The integration of multiple radio standards also improves energy efficiency and network adaptability, particularly in devices operating in variable environments. It reduces the need for multiple discrete modules, lowering production costs and enabling more compact form factors. This trend is crucial for meeting the demands of next-generation mobile devices and supporting global roaming capabilities.
With increasing reliance on devices that must communicate across diverse network infrastructures, multi-mode chipsets serve as the foundation for building future-ready wireless ecosystems. Their role in simplifying design, enhancing compatibility, and supporting interoperability across standards makes them a critical driver of innovation in mobile communications and connected technology landscapes.
Restraints
- High design complexity and development cost
- Increased power consumption in multi-mode chips
- Thermal management challenges in compact devices
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Fragmentation of network infrastructure across regions - One of the key challenges limiting the adoption of multi-mode chipsets is the fragmentation of network infrastructure across regions. Different countries and telecom operators continue to support varying generations of wireless networks and frequency bands, making global standardization difficult. This inconsistency creates complications in chipset design and increases hardware development time.
Devices built for one market may not function efficiently or at all in another due to frequency band mismatches, signal interference, or protocol incompatibility. This lack of harmonization puts pressure on chipset vendors to develop region-specific variants, driving up engineering complexity and manufacturing costs. For smaller device makers, the cost of meeting diverse infrastructure requirements can become a significant barrier.
In emerging markets, infrastructure upgrades may lag behind the rollout of next-generation wireless chipsets. This results in underutilization of advanced features or reliance on backward compatibility, which can reduce the perceived value of multi-mode solutions. Furthermore, network fragmentation limits the ability to offer uniform global experiences for roaming users and IoT devices operating in multi-national deployments.
Solving this challenge will require greater collaboration between network operators, regulators, and chipset manufacturers. Industry-wide efforts toward spectrum harmonization, shared standards, and modular design practices are essential to simplify integration and improve cross-market operability. Addressing this restraint is key to scaling multi-mode chipsets globally and reducing deployment friction.
Opportunities
- Expansion in IoT and wearable applications
- Emergence of AI-integrated communication chipsets
- Deployment of multi-mode in autonomous vehicles
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Growth in satellite and hybrid network technologies - The rapid evolution of satellite and hybrid communication technologies is creating new opportunities for multi-mode chipset development. With the expansion of low-Earth orbit (LEO) satellite networks and increasing investment in non-terrestrial communication infrastructure, there is a growing need for chipsets that can support both terrestrial and satellite connectivity. These hybrid networks aim to deliver universal broadband access, especially in remote or underserved areas.
Multi-mode chipsets capable of toggling between cellular, satellite, Wi-Fi, and mesh networks will play a critical role in enabling continuous coverage across diverse geographies. They allow devices to switch intelligently between network types and frequencies based on availability, ensuring low latency, high reliability, and consistent data speeds. This is particularly valuable for applications in emergency response, defense, transportation, and remote industrial operations.
As satellite networks become more commercially viable, integration with 5G and edge computing architectures will enhance global device interoperability. Multi-mode chipsets designed with adaptive modulation schemes, GNSS support, and high-frequency tolerance can capitalize on this shift, offering a robust foundation for devices operating in cross-environment communications.
Manufacturers that invest in developing chipsets tailored for hybrid networks stand to benefit from early-mover advantages and partnership opportunities with satellite service providers. These innovations will contribute to bridging the global connectivity divide, unlocking new market segments, and expanding the use cases for smart, always-connected devices.
Competitive Landscape Analysis
Key players in Multi-mode Chipset Market include :
- Hisilicon Technologies
- Intel
- MediaTek
- QUALCOMM
- SAMSUNG
- Spreadtrum Communications
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Technology
- Market Snapshot, By Application
- Market Snapshot, By End-User
- Market Snapshot, By Region
- Multi-mode Chipset Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing demand for seamless global connectivity
- Proliferation of smartphones and smart devices
- Rapid adoption of 5G and LTE networks
- Integration of multiple wireless standards in devices
- Restraints
- High design complexity and development cost
- Increased power consumption in multi-mode chips
- Thermal management challenges in compact devices
- Fragmentation of network infrastructure across regions
- Opportunities
- Expansion in IoT and wearable applications
- Emergence of AI-integrated communication chipsets
- Deployment of multi-mode in autonomous vehicles
- Growth in satellite and hybrid network technologies
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
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Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
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Multi-mode Chipset Market, By Technology, 2021 - 2031 (USD Million)
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4G
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5G
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LTE
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Wi-Fi
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Others
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- Multi-mode Chipset Market, By Application, 2021 - 2031 (USD Million)
- Smartphones
- Tablets
- Others
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Multi-mode Chipset Market, By End-User, 2021 - 2031 (USD Million)
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Consumer Electronics
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Automotive
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Telecommunications
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Healthcare
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Others
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- Multi-mode Chipset Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
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- Competitive Landscape
- Company Profiles
- Hisilicon Technologies
- Intel
- MediaTek
- QUALCOMM
- SAMSUNG
- Spreadtrum Communications
- Company Profiles
- Analyst Views
- Future Outlook of the Market