Global 5G Modem Market is projected to grow at a CAGR of 12.45% from 2024 to 2032, reaching a value of USD 5.6 billion by the end of the forecast period.
Total Telecom
JULY 28, 2025
The 5G modem is vital in the changing telecom landscape. Devices such as 𝐬𝐦𝐚𝐫𝐭𝐩𝐡𝐨𝐧𝐞𝐬, 𝐚𝐮𝐭𝐨𝐧𝐨𝐦𝐨𝐮𝐬 𝐜𝐚𝐫𝐬, 𝐬𝐦𝐚𝐫𝐭 𝐟𝐚𝐜𝐭𝐨𝐫𝐢𝐞𝐬, 𝐚𝐧𝐝 𝐈𝐨𝐓 𝐬𝐲𝐬𝐭𝐞𝐦𝐬 benefit from high-speed data, quick communication, and smooth connections due to 5G modems. This is why the 5G modem market is expanding rapidly.
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