5G radio chipset unit shipments will soon surpass 4G LTE in cellular user equipment, with the cellular baseband processor playing a central role. For leading suppliers Qualcomm, MediaTek, and UNISOC, the semiconductor shortage and new processor features and capabilities such as higher data rates and artificial intelligence will help bolster demand and average selling prices, leading to market growth above recent historical trends for LTE.
This report recapitulates our past four Quarterly Baseband Tracker reports, and extrapolates trends in systems, chip shipments and market share five years into the future.