“Increasing Adoption of 5G Technology”
- A significant trend in the mobile broadband modem market is the increased integration of 5G technology, which enables modems to support higher data speeds, lower latency, and enhanced connectivity, making them ideal for emerging applications such as autonomous vehicles, smart cities, and industrial IoT
- 5G mobile broadband modems offer benefits such as faster download speeds, improved network efficiency, and enhanced reliability, driving demand in both consumer and enterprise sectors
- Manufacturers are focusing on enhancing 5G modem designs to ensure compatibility with future networks, improved energy efficiency, and reduced size to meet the requirements of mobile devices and IoT applications
- For instance, in June 2024, Qualcomm introduced a new 5G Mobile Broadband Modem chipset capable of delivering multi-gigabit speeds, with reduced power consumption for devices in both consumer and industrial applications
- The widespread adoption of 5G networks and the continuous push for smart infrastructure are expected to drive further innovation in the mobile broadband modem market
