The Europe 5G Modems Market would witness market growth of 28.4% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe 5G Modems Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $656.6 million by 2031. The UK market is exhibiting a CAGR of 27.5% during (2024 - 2031). Additionally, The France market would experience a CAGR of 29.3% during (2024 - 2031).
Semiconductor manufacturers are leveraging advanced manufacturing processes and packaging technologies to enhance the performance, power efficiency, and integration capabilities of 5G modems. This includes adopting cutting-edge semiconductor nodes, such as 7nm, 5nm, and beyond, integrating heterogeneous chip architectures, system-on-chip (SoC) solutions, and advanced RF front-end modules to optimize modem performance and enable compact designs.
5G modems are increasingly designed to support multimode operation, enabling seamless connectivity across wireless technologies, including 5G NR, LTE, and legacy 3G and 2G networks. Additionally, 5G modems feature multi-band support to facilitate operation across diverse frequency bands and spectrum allocations, ensuring compatibility with 5G deployments and regional network configurations.
The rise of augmented reality (AR) and virtual reality (VR) technologies is transforming various sectors, from gaming and entertainment to education and training. As these technologies gain traction, the demand for robust connectivity solutions becomes paramount. In Europe, the VR/AR industry is experiencing rapid growth, with the European Commission reporting that the ecosystem consists of numerous small and medium enterprises (SMEs) alongside a few larger players. The EU VR/AR industry was valued at €7.1 billion in 2021, reflecting an impressive growth rate of 26% compared to the previous year.
Free Valuable Insights: The Global 5G Modems Market will Hit USD 10.5 Billion by 2031, at a CAGR of 28.9%
Based on Mode, the market is segmented into Single-Mode, and Multimode. Based on Modem Type, the market is segmented into Internal/Integrated (10nm, 14nm, 20nm, 28nm, and Other Internal/Integrated Types), and External. Based on Application, the market is segmented into Mobile & Tablets, Wearable, Automotive, Virtual Reality, and Other Applications. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Mode
By Modem Type
By Application
By Country
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