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Cellular Modem Market Evolves With Integration of AI-Powered Connectivity Solutions and Patent-Driven Collaboration Between Major Tech Firms
Cellular Modem Market
According to the latest research by InsightAce Analytic, the Global Cellular Modem Market is valued at USD 5.64 Billion in 2024, and it is expected to reach USD 32.84 Billion by the year 2034, with a CAGR of 19.4% during the forecast period of 2025-2034.
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A cellular modem is an essential device used to transmit analog signals, such as voice communications, over a cellular network. Smartphones and similar electronic devices utilize these modulated signals to facilitate both data and voice transmission. Many cellular modems are equipped with Ethernet ports, allowing users to establish internet connectivity. Alternatively, a SIM card (Subscriber Identity Module) may be used to enable cellular data transmission. These modems can be installed in various locations, such as mounted on a wall or placed on the floor, or they can be connected directly to a computer or laptop. A standard 4G wireless modem typically offers download and upload speeds of approximately 5 to 12 Mbps and can support multiple connected devices simultaneously.
With the growing adoption of internet-enabled devices in modern households, there is an increasing reliance on cellular modems for seamless connectivity. However, achieving full technological integration remains a challenge due to issues of cellular network interoperability. Even within the same generation of network technology, variations in communication protocols and frequency bands across different carriers and manufacturers can create compatibility concerns. These discrepancies may hinder the integration of legacy and next-generation technologies and complicate communication between devices from diverse manufacturers.
List of Prominent Players in the Cellular Modem Market:
• Digi International Inc. (US)
• Sierra Wireless (Canada)
• Qualcomm Technologies, Inc. (US)
• D-Link Corporation (Taiwan)
• Huawei Device Co., Ltd. (China)
• TP-Link Corporation Limited. (China)
• Xiamen Baima Technology Co., Ltd (China)
• NETGEAR (US)
• Advantech Co., Ltd. (Taiwan)
• Cisco Systems, Inc. (US)
• Moxa Inc. (Taiwan)
• Multi-Tech Systems, Inc. (US)
• Belkin (US)
• Peplink (US)
• Robustel (China)
• LANTRONIX, INC. (US)
• InHand Networks (US)
• Motorola Mobility LLC (US)
• Bentek Systems (Canada)
• Campbell Scientific, Inc. (US)
• Red Lion (US)
• Shenzhen Wlink Technology Co., LTD. (China)
• Jinan USR IOT Technology Limited (China)
• Bivocom (China)
• Airgain, Inc. (US).
• CalAmp,
• Wlink Technology
• Others
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Market Dynamics
Drivers:
The expanding cellular modem market is primarily driven by the rapid advancement of wireless technologies and the widespread adoption of Internet of Things (IoT) devices. These devices rely on a diverse range of wireless communication standards, each offering distinct advantages for various applications. The anticipated growth in the adoption of low-power wide-area networks (LPWAN), 5G connectivity, wireless sensor networks, and Internet Protocol version 6 (IPv6) is expected to further increase the demand for IoT devices. This, in turn, will necessitate the integration of advanced cellular modem technologies to ensure efficient and reliable connectivity.
Challenges:
Key challenges hindering market growth include stringent regulatory frameworks, a shortage of skilled professionals, and the absence of standardized protocols, particularly in emerging markets affected by lockdowns and isolation measures. Industries such as energy, environmental monitoring, and agriculture-many of which depend heavily on IoT infrastructure-face difficulties due to inconsistent cellular connectivity. Limited data transmission capabilities impede critical operations like environmental data collection and automated system execution. The COVID-19 pandemic has further exacerbated these issues, leading to widespread supply chain disruptions, restricted access to raw materials, and delayed production timelines. Measures such as border closures, quarantines, and economic slowdowns have significantly impacted global operations and constrained market expansion.
Regional Trends:
North America is expected to dominate the cellular modem market in terms of revenue and is projected to experience robust growth due to the increasing proliferation of smart devices-including smartphones, tablets, and wearable technology-and the rapid expansion of IoT ecosystems. Europe also holds a notable market share, driven by the accelerated rollout of 5G networks and ongoing advancements in cellular communication technologies across the region.
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Recent Developments:
• In October 2023, Airgain, Inc.'s new LumosTM️ 5G Fixed Wireless Access Antenna enhanced the performance of connected devices. Lumos' multiband, directional antenna design and 2x2 and 4x4 MIMO configurations for LTE and 5G might have been the answer for cellular-based devices. This included enterprise routers, indoor fixed wireless access (FWA) devices, customer premises equipment (CPE), and many more.
• In November 2023, Huawei and Sharp inked a new, long-term, global patent cross-licensing agreement covering essential cellular standard patents, including those for 4G and 5G.
Segmentation of Cellular Modem Market-
By Type-
• Embedded Cellular Modem
• Box Portable Cellular Modem
By Technology-
• 2G
• 3G
• 4G
• 5G
• LPWAN
o NB-IoT
o LTE-M
By Vertical-
• Agriculture
• Automotive & Transportation
• Consumer Electronics
• Building Automation
• Energy & Utilities
• Smart Cities
• Healthcare
• Industrial/Manufacturing
• Retail
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/cellular-modem-market/2264
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com
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