PUBLISHER: KBV Research | PRODUCT CODE: 1575702
PUBLISHER: KBV Research | PRODUCT CODE: 1575702
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
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
LAMEA 5G Modems Market Report Segmentation
By Mode
By Modem Type
By Application
By Country