The global cellular modems market is anticipated to grow at a CAGR of 12.6% during the forecast period (2024-2031). Pivotal factors such as the rising adoption of advanced wireless technologies, high demand for smart home devices, and advanced connectivity solutions are some of the key factors that are driving the market growth. Resultantly, the market players are developing a simulation of 5G NTN standard-based satellite technology for highly reliable NTN communication with low earth orbit (LEO) satellites. For instance, in February 2023, Samsung Electronics launched Standardized 5G NTN modem technology to power smartphone-satellite communication. The company integrates this technology into the company’s Exynos modem solutions, accelerating the commercialization of 5G satellite communications and paving the way for the 6G-driven Internet of Everything (IoE) era.
Browse the full report description of “Cellular Modems Market Size, Share & Trends Analysis Report by Type (Embedded Cellular Modem, Box Portable Cellular Modem, and Peripheral Component Interconnect Express (PCIe or PCI-E) Modem), by Technology (4G, 5G, NB-IoT, and LTE-M), and by Industry Verticals (Automotive & Transportation, Building Automation, Consumer Electronics, Energy & Utilities, Industrial/Manufacturing, and Others), Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/cellular-modems-market
The high-performance, integrated solution delivers IoT-optimized speeds with increased computing power, connectivity, and location-based technologies to facilitate the development of an emerging generation of cellular modems. For instance, in December 2022, Qualcomm Technologies, Inc. launched the lowest-power IoT-optimized LTE modem featuring integrated terrestrial positioning support. The Qualcomm QCX216 LTE IoT Modem is an integrated solution that provides increased computational power, connection, and location-based technologies to facilitate the development of a new wave of quick, potent, and efficient IoT products.
A modern, flexible, and connected enterprise is made feasible by the new 5G wireless edge networking solutions, that are perfect for Fixed Wireless Access (FWA), small sites, and mobile use cases. For instance, in October 2022, Cradlepoint, Inc. launched the Cradlepoint E300 Series 5G Enterprise Router and the Cradlepoint MC400 5G Modular Modem. Modern, flexible, and interconnected enterprises can be facilitated by new 5G wireless edge networking solutions, especially suitable for Fixed Wireless Access, small sites, and mobile use cases. With Cradlepoint’s new E300 5G router and MC400 5G modular modem, enterprises have more options to take advantage of 5G and FWA.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Type
o By Technology
o By Industry Verticals
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Airgain, Inc., Cisco Systems, Inc., Digi International Inc., Huawei Device Co., Ltd., Qualcomm Technologies, Inc., and others.
Key questions addressed by the report
Global Cellular Modems Market Report Segment
By Type
By Technology
By Industry Verticals
Global Cellular Modems Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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