5G Modems Market to reach USD 12.33 Bn by 2029, emerging at a CAGR of 33.12 percent and forecast (2022-2029)

(IT-NEWSWIRE.COM, May 18, 2023 ) The total global market for the “5G Modems Market” was valued at USD 1.25 Bn in 2022 and is expected to grow at a CAGR of 33.12 percent over the forecast period to reach USD 12.33 Bn by 2029. The report analysed by Maximize Market Research, on the 5G Modems Market, covers an extensive regional analysis and competitive landscape.

5G Modems Market Report Scope and Research Methodology

The report provides a strategic analysis of the 5G Modems Market analysis from top key players including market share, size, major drivers, challenges, and opportunities. The report covers an analysis of major players and their market segments, current business strategy, geographical expansion, cost & manufacturing, and pricing structures.

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5G Modems Market Dynamics

The ioT market is expected to continue to grow rapidly in the coming years, with more devices and sensors being connected to the internet. 5G technology offers the potential for faster, more reliable government support some governments are providing support for the development of 5G technology, including funding research and development and creating frameworks to encourage investment in 5G infrastructure. This support helps to drive the growth of the 5G modem market.

5G Modems Market Regional Insights

Asia Pacific is expected major share of the global 5G modem market during the forecast period due to growing IoT/m2m connection coupled with ranging network coverage, indicating potential growth of the 5G modem market in the region. Europe is expected to be the second-largest market for 5G modems from 2022-2029.

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5G Modems Market Segmentation

By Modem Type

Internal/Integrated

External

By Mode

Single-Mode

Multimode

By Application

Mobile and Tablets

Wearable

Automotive

Virtual Reality

Others

5G Modems Market Key Players includes:

Qualcomm Technologies, Inc.

Samsung Electronics Co., Ltd.

MediaTek Inc.

Intel Corporation

Huawei Technologies Co., Ltd.

Nokia Corporation

Ericsson AB

ZTE Corporation

Fujitsu Limited

NEC Corporation

Spreadtrum Communications

Infineon Technologies

Qorvo, Inc.

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Maximize Market Research, a leading Automotive and Transportation research firm has

also published the following reports:

5G Testing Equipment Market : The market size is expected to reach USD 5.19 Bn by 2029 at a CAGR of 8.83 percent during the forecast period.

5G Base Station Market : The market size is expected to reach USD 140.61 Bn by 2029 at a CAGR of 37.2 percent during the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and 2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and defense, and other manufacturing sectors.

MAXIMIZE MARKET RESEARCH PVT. LTD.

Dnyaneshwari Yevale

+91 9607365656

dy@maximizemarketresearch.com

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5G Modems Market to reach USD 12.33 Bn by 2029, emerging at a CAGR of 33.12 percent and forecast (2022-2029)