LAMEA 5G Modems Market Size, Share & Trends Analysis Report By Mode (Single-Mode, and Multimode), By Modem Type, By Application, By Country and Growth Forecast, 2024 - 2031

Analysis of Market Size & Trends

The Latin America, Middle East and Africa 5G Modems Market would witness market growth of 32.0% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA 5G Modems Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $216.4 million by 2031. The Argentina market is showcasing a CAGR of 33% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 31.5% during (2024 - 2031).

The 5G modems market is characterized by rapid innovation, intense competition, and strategic partnerships among semiconductor manufacturers, device OEMs, and network operators. MediaTek, Qualcomm, Intel, and Huawei are prominent entities in the 5G modem advancement field.

Additionally, these corporations make substantial investments in research and development to expand the limits of integration, power efficiency, and performance. Leveraging cutting-edge semiconductor processes, advanced RF technologies, and machine learning algorithms, these industry leaders are pioneering new 5G modem design frontiers, delivering unprecedented speed, coverage, and reliability to consumers and businesses.

The growth of the 5G modems market in the Middle East and Latin America, particularly in the UAE, Brazil, and Saudi Arabia, is being propelled by an array of factors including advancements in smart city initiatives, the burgeoning artificial intelligence (AI) sector, and increasing internet penetration rates. Each of these elements plays a pivotal role in enhancing connectivity and facilitating the integration of advanced technologies, ultimately driving the demand for 5G modems

Free Valuable Insights: The Worldwide 5G Modems Market is Projected to reach 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

• Qualcomm Incorporated (Qualcomm Technologies, Inc.)
• Samsung Electronics Co., Ltd. (Samsung Group)
• Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
• MediaTek, Inc.
• Infineon Technologies AG
• Nokia Corporation
• Qorvo, Inc.
• Ericsson AB
• Fujitsu Limited
• ZTE Corporation

LAMEA 5G Modems Market Report Segmentation

By Mode

• Single-Mode
• Multimode

By Modem Type

• Internal/Integrated
  • 10nm
  • 14nm
  • 20nm
  • 28nm
  • Other Internal/Integrated Types
• External

By Application

• Mobile & Tablets
• Wearable
• Automotive
• Virtual Reality
• Other Applications

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA