5G Modem Market Demand Is Likely To Continue In Future

Global 5G Modem Market – Introduction

5G modem is a RF-system or a chip, which is deployed as a part of the network infrastructure to help empower 5G devices to connect easily to networks. 5G modem is generally available in two modes – single mode and multi-mode.
5G modem supports the latest mmWave technology as well as 5G NR from 600MHz to 6GHz in both TDD and FDD flavors. 5G modem is three times faster than any LTE modem and can deliver download speeds up to 7.5 Gbps. Additionally, 5G modem can easily provide faster connection among the cloud and the user.

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Increasing Demand for Portable Devices: Key Driver

Adoption of portable devices is increasing among end-users across the world. Major devices adopted by end-users include smartphones, tablets, wearable devices, and laptops. Consequently, this has increased the demand for continuous cellular connectivity, which is further expected to fuel the demand for 5G modem globally.

Smartphone adoption is accelerating across emerging regions and about 90% of the total smartphone subscribers are from emerging economies. India is expected to add approximately half a billion new subscribers over the next five years.

Growing adoption of portable devices and rise in mobile data usage are anticipated to fuel the 5G modem market’s growth over the forecast period. This is primarily due to the increasing number of consumers across the world. In addition, increase in mobile data traffic due to the penetration of smart devices among end-users is also expected to boost the demand for 5G modem across the world.

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