The global market for 5G Modems was estimated at US$2.0 Billion in 2024 and is projected to reach US$8.1 Billion by 2030, growing at a CAGR of 26.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the 5G Modems market.
The critical role of 5G modems lies in their ability to handle multiple signal types, manage seamless handovers between 4G/5G networks, and support carrier aggregation, MIMO (multiple input, multiple output), and advanced modulation schemes. This ensures stable and ultra-fast wireless performance even in congested or highly mobile environments. Integrated 5G modems, which combine radio frequency (RF) transceivers, baseband processors, and AI-driven signal management into compact system-on-chip (SoC) designs, are driving next-gen mobility and unlocking new use cases across consumer, commercial, and industrial verticals.
To reduce energy consumption in battery-powered devices, low-power designs and AI-based signal processing algorithms are being integrated into modems to optimize transmission only when needed, boosting both efficiency and battery life. mmWave-compatible modems, designed for ultra-high bandwidth applications, are also becoming more compact and thermally efficient, enabling inclusion in thinner smartphones and smaller IoT form factors. Furthermore, discrete and integrated modem options allow OEMs to select the right balance between performance, cost, and design flexibility, with application-specific modems tailored for connected cars, industrial gateways, consumer electronics, and smart wearables.
Industrial and enterprise applications such as remote asset monitoring, smart factory automation, and private 5G networks are fueling demand for rugged, high-throughput modems that support ultra-reliable low-latency communication (URLLC) and massive machine-type communication (mMTC). The proliferation of edge computing, AIoT devices, and smart city initiatives is also expanding the addressable market for 5G modems in sensors, drones, robots, and surveillance systems. Consumer electronics brands are embedding modems into AR glasses, gaming consoles, and home appliances, signaling a shift toward seamless, high-speed connectivity as a baseline expectation in both digital and physical environments.
In North America and Europe, demand is rising from both consumer and enterprise segments, supported by telecom rollouts, public-private 5G investments, and robust connected device markets. The U.S. is seeing rapid growth in fixed wireless access and connected vehicle platforms, while Europe's industrial 5G push especially in Germany and Scandinavia is encouraging modem development for smart factories and enterprise routers. The Middle East and Latin America are adopting modems through telco partnerships, FWA services, and 5G-enabled digital inclusion programs.
Segment-wise, smartphones remain the largest application area, but non-handset categories are seeing faster growth especially automotive, CPE, and industrial IoT. Leading chipset vendors are forming strategic partnerships with device manufacturers, telecom operators, and cloud service providers to accelerate vertical-specific 5G modem deployment. As global 5G use cases diversify and>
Global 5G Modems Market - Key Trends & Drivers Summarized
Why Are 5G Modems Central to Next-Generation Connectivity Across Devices and Networks?
5G modems are critical semiconductor components that enable devices to connect to fifth-generation wireless networks, translating radio signals into digital data and vice versa. These modems act as the communications bridge between hardware (smartphones, IoT devices, laptops, vehicles) and 5G infrastructure by supporting ultra-fast data throughput, low latency, and enhanced spectral efficiency across various 5G frequency bands, including sub-6 GHz and mmWave. As 5G networks evolve to support real-time.The critical role of 5G modems lies in their ability to handle multiple signal types, manage seamless handovers between 4G/5G networks, and support carrier aggregation, MIMO (multiple input, multiple output), and advanced modulation schemes. This ensures stable and ultra-fast wireless performance even in congested or highly mobile environments. Integrated 5G modems, which combine radio frequency (RF) transceivers, baseband processors, and AI-driven signal management into compact system-on-chip (SoC) designs, are driving next-gen mobility and unlocking new use cases across consumer, commercial, and industrial verticals.
How Are Modem Architectures Evolving to Meet the Demands of Power, Speed, and Versatility?
Modern 5G modems are rapidly advancing to accommodate the growing complexity and performance expectations of 5G networks. Leading chipmakers are developing multi-mode modems capable of supporting legacy 2G/3G/4G networks alongside NSA (non-standalone) and SA (standalone) 5G architectures. These multi-band, multi-protocol modems enable uninterrupted global roaming and smooth user transitions during network migration. Key innovations include support for carrier aggregation across diverse frequency bands, dynamic spectrum sharing (DSS), and uplink/downlink optimization using advanced QAM techniques.To reduce energy consumption in battery-powered devices, low-power designs and AI-based signal processing algorithms are being integrated into modems to optimize transmission only when needed, boosting both efficiency and battery life. mmWave-compatible modems, designed for ultra-high bandwidth applications, are also becoming more compact and thermally efficient, enabling inclusion in thinner smartphones and smaller IoT form factors. Furthermore, discrete and integrated modem options allow OEMs to select the right balance between performance, cost, and design flexibility, with application-specific modems tailored for connected cars, industrial gateways, consumer electronics, and smart wearables.
What Market Trends, Product Categories, and Device Ecosystems Are Expanding 5G Modem Deployment?
The 5G modem market is expanding beyond smartphones to encompass a wide array of devices and use cases across both consumer and enterprise domains. Mobile broadband devices including 5G routers, dongles, and customer premises equipment (CPE) are leveraging high-speed modems to deliver fixed wireless access (FWA) in underserved or rural areas. In laptops and tablets, embedded 5G modems are enabling always-connected computing, crucial for hybrid work models and cloud-native productivity. Meanwhile, the automotive industry is rapidly integrating 5G modems into connected vehicles for vehicle-to-everything (V2X) communication, real-time navigation, in-car entertainment, and over-the-air software updates.Industrial and enterprise applications such as remote asset monitoring, smart factory automation, and private 5G networks are fueling demand for rugged, high-throughput modems that support ultra-reliable low-latency communication (URLLC) and massive machine-type communication (mMTC). The proliferation of edge computing, AIoT devices, and smart city initiatives is also expanding the addressable market for 5G modems in sensors, drones, robots, and surveillance systems. Consumer electronics brands are embedding modems into AR glasses, gaming consoles, and home appliances, signaling a shift toward seamless, high-speed connectivity as a baseline expectation in both digital and physical environments.
What Is Driving the Growth of the 5G Modems Market Across Regions and End-User Segments?
The growth in the 5G modems market is driven by global 5G network expansion, rising device integration, and the diversification of high-speed connectivity use cases. In Asia-Pacific, especially in China, South Korea, and Japan, early 5G deployment, advanced semiconductor manufacturing, and aggressive OEM strategies are driving high-volume adoption of 5G modems in mobile devices and industrial gateways. China's large-scale IoT infrastructure projects and electric vehicle ecosystem are further accelerating modem integration into embedded platforms.In North America and Europe, demand is rising from both consumer and enterprise segments, supported by telecom rollouts, public-private 5G investments, and robust connected device markets. The U.S. is seeing rapid growth in fixed wireless access and connected vehicle platforms, while Europe's industrial 5G push especially in Germany and Scandinavia is encouraging modem development for smart factories and enterprise routers. The Middle East and Latin America are adopting modems through telco partnerships, FWA services, and 5G-enabled digital inclusion programs.
Segment-wise, smartphones remain the largest application area, but non-handset categories are seeing faster growth especially automotive, CPE, and industrial IoT. Leading chipset vendors are forming strategic partnerships with device manufacturers, telecom operators, and cloud service providers to accelerate vertical-specific 5G modem deployment. As global 5G use cases diversify and>
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Internal segment, which is expected to reach US$4.9 Billion by 2030 with a CAGR of a 24.3%. The External segment is also set to grow at 31.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $512.8 Million in 2024, and China, forecasted to grow at an impressive 25.6% CAGR to reach $1.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global 5G Modems Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global 5G Modems Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global 5G Modems Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Analog Devices, Inc., Apple Inc., Arcadyan Technology Corp., ASR Microelectronics, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 34 companies featured in this 5G Modems market report include:
- Analog Devices, Inc.
- Apple Inc.
- Arcadyan Technology Corp.
- ASR Microelectronics
- Broadcom Inc.
- Cavli Wireless
- Ericsson AB
- Fibocom Wireless Inc.
- Huawei Technologies Co., Ltd.
- Infineon Technologies AG
- Intel Corporation
- LG Electronics Inc.
- Marvell Technology Group Ltd.
- MediaTek Inc.
- Murata Manufacturing Co., Ltd.
- Netgear Inc.
- Nokia Corporation
- NXP Semiconductors N.V.
- Qualcomm Technologies, Inc.
- Quectel Wireless Solutions
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSIS
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Analog Devices, Inc.
- Apple Inc.
- Arcadyan Technology Corp.
- ASR Microelectronics
- Broadcom Inc.
- Cavli Wireless
- Ericsson AB
- Fibocom Wireless Inc.
- Huawei Technologies Co., Ltd.
- Infineon Technologies AG
- Intel Corporation
- LG Electronics Inc.
- Marvell Technology Group Ltd.
- MediaTek Inc.
- Murata Manufacturing Co., Ltd.
- Netgear Inc.
- Nokia Corporation
- NXP Semiconductors N.V.
- Qualcomm Technologies, Inc.
- Quectel Wireless Solutions
