North America 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 North America 5G Modems Market would witness market growth of 27.9% CAGR during the forecast period (2024-2031).

The US market dominated the North America 5G Modems Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,413.9 million by 2031. The Canada market is experiencing a CAGR of 29.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 29.2% during (2024 - 2031).

The 5G modems market refers to the segment of the telecommunications industry that focuses on developing, producing, and distributing modems and chipsets designed to enable devices to connect to 5G (fifth generation) wireless networks.

Additionally, 5G modems are essential components embedded in various consumer electronics such as smartphones, tablets, laptops, IoT devices, and industrial equipment, enabling them to access high-speed internet, low-latency communication, and advanced wireless services offered by 5G networks.

The rapid evolution of telecommunications technology has brought about significant advancements, particularly in mobile network connectivity. In Canada, the growing availability of 5G networks represents a transformative opportunity for consumers and businesses alike. This transformation is supported by various factors, including high LTE coverage, widespread broadband access, increasing smartphone usage, and a strong governmental push for digital infrastructure improvements. Together, these elements indicate a promising trajectory for the growth of the 5G modems market in Canada.

Free Valuable Insights: The 5G Modems Market is Predict 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 U.S., Mexico, Canada, and Rest of North America.

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

North America 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

• US
• Canada
• Mexico
• Rest of North America