Press release
Cellular Modem Market is Projected to Reach US$ 14.47 Billion, Registering a CAGR of 12.5% From 2024 to 2032
๐๐ก๐ ๐๐๐ฅ๐ฅ๐ฎ๐ฅ๐๐ซ ๐ฆ๐จ๐๐๐ฆ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ข๐ณ๐ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ ๐๐๐ 5.03 ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2023. ๐๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐ญ๐จ ๐๐๐ 14.47 ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ 2032, ๐๐ฑ๐ก๐ข๐๐ข๐ญ๐ข๐ง๐ ๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐ง๐ง๐ฎ๐๐ฅ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ซ๐๐ญ๐ (๐๐๐๐) ๐จ๐ 12.5% ๐๐ซ๐จ๐ฆ 2024 ๐ญ๐จ 2032.๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
A cellular modem is a device that allows electronic gadgets to connect to cellular networks for internet browsing. This device acts as a middleman between the cellular and the device network, enabling data transmission and communication through the cellular network infrastructure.
They are used in a variety of applications like tablets, smartphones, industrial machinery, laptops, automotive systems, IoT devices, and more, providing reliable and speedy internet access.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/cellular-modem-market/request-for-sample
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
โข The increased accessibility of smart devices and the internet enabled various applications. Improved connectivity is essential for these tasks, resulting in an increased need for cellular modems.
โข The increasing demand for internet connection is being fueled by the rise in popularity of electric cars, as well as the ongoing growth of self-driving cars and smart homes. In the expected period, there will be a significant need for cellular modems as various industries embrace internet access.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
In this extremely competitive market, major rivals constantly innovate and differentiate their products in an effort to take the lead in the market. Here is the list of the leading companies operating in the cellular modem market:
โข Advantech Co., Ltd.
โข Airgain, Inc.
โข Belkin
โข Bentek Systems
โข Campbell Scientific, Inc.
โข Cisco Systems, Inc.
โข D-Link Corporation
โข Digi International Inc.
โข Huawei Device Co., Ltd.
โข InHand Networks
โข Jinan USR IOT Technology Limited
โข LANTRONIX, INC.
โข Moxa Inc.
โข Motorola Mobility LLC
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
https://www.polarismarketresearch.com/buy/3702/2
๐๐๐ฅ๐ฅ๐ฎ๐ฅ๐๐ซ ๐๐จ๐๐๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข Box portable segment is anticipated to witness the highest growth in the coming years due to its portability and ease of sharing the internet with multiple devices.
โข 5G segment accounted for the largest market share owing to its higher speed compared to 4G network.
โข Energy & Utilities segment is projected to experience a larger revenue share due to the adoption of smart meters.
โข Asia Pacific is projected to register the fastest growth in the study period owing to the increasing number of internet users in the region.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/cellular-modem-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The cellular modem market is mainly segmented based on type, technology, vertical, and region. Based on the type analysis, during the projection period, the box portable segment is projected to grow at a CAGR, mainly driven by its ability to provide internet access without the need for installation or wiring. The main factor driving growth in this sector is the rising need for the Internet in a variety of activities like remote work, e-commerce expansion, and online education.
Furthermore, according to the technology analysis, in 2023, the 5G segment held the largest market share and is projected to sustain its market position throughout the foreseeable future. The advantages of the latest 5G network outweigh those of previous versions with reduced latency, higher capacity, and expanded bandwidth.
โข ๐๐ฒ ๐๐ฒ๐ฉ๐
o Embedded Cellular Modem
o Box Portable Cellular Modem
โข ๐๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
o 2G
o 3G
o 4G
o 5G
o NB-IoT
o LTE-M
โข ๐๐ฒ ๐๐๐ซ๐ญ๐ข๐๐๐ฅ
o Agriculture
o Automotive & Transportation
o Building Automation
o Consumer Electronics
o Energy & Utilities
o Healthcare
o Industrial/Manufacturing
o Retail
o Smart Cities
o Others
๐๐๐จ๐ ๐ซ๐๐ฉ๐ก๐ข๐๐๐ฅ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐๐ฅ๐ญ๐ซ๐๐ฌ๐จ๐ง๐ข๐ ๐๐ข๐ซ ๐๐ฎ๐๐๐ฅ๐ ๐๐๐ญ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/ultrasonic-air-bubble-detectors-market
๐๐จ๐ง๐ญ๐๐๐ญ๐ฅ๐๐ฌ๐ฌ ๐๐จ๐ง๐ง๐๐๐ญ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/contactless-connector-market
๐๐ก๐ข๐ฉ๐ฅ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/chiplets-market
๐๐๐ฌ๐๐ซ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/laser-processing-market
๐๐จ๐ง๐ญ๐๐๐ญ:
๐๐ข๐ค๐ก๐ข๐ฅ ๐
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
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