Global 5g modem Market Size, Share & Trends Analysis Report, Forecast Period, 2024-2030

The 5g modem Market is experiencing robust expansion, with market size projected to increase from (36.29 Billion) 2025 to (85.03 Billion) 2030, demonstrating a consistent year-over-year growth rate of 26.7%. 5g modem Market Size, Share, Competitive Landscape and Trend Analysis Report, by Types (Non-Standalone, Standalone), by Applications (Enhanced Mobile Broadband (eMBB), Ultra-Reliable Low Latency Communication(URLLC), Massive Machine Type Communications (mMTC)) And Regions ({regionNms}) : Industry Forecast and Opportunity Analysis for 2025 - 2030

The market of 5G modems is known as the manufacture, distribution, and sales of devices that enable access to 5G networks. These modems form part of a variety of devices, from smartphones and laptop computers to industrial equipment and vehicles, and are an important requirement in order to exploit the speed and low latency qualities of 5G technology. The main function of a 5G modem is to modulate and demodulate radio signals, enabling data to be transcribed from a digital format to a radio wave format, ready for transmission over the 5G network. This market involves, among other things, modems, software, hardware, and integration services required for the user to achieve a seamless connection.

5g modem Report Highlights

Report Metrics	Details
Forecast period	2019-2030
Base Year Of Estimation	2024
Growth Rate	CAGR of 26.7%
Forecast Value (2030)	USD 85.03 Billion
By Product Type	Non-Standalone, Standalone
Key Market Players	Broadcom Inc. (United States) Infineon Technologies AG (Germany) Huawei Technologies Co., Ltd. (China) Qorvo, Inc. (United States) Qualcomm Technologies, Inc. (United States) Intel (United States) MediaTek (Taiwan) Netgear (United States) Nokia Corporation (Finland) Mofi Network (Canada) Advanced Micro Devices, Inc. (AMD) (United States) Samsung Electronics Co., Ltd. (South Korea) Linovision (United States)
By Region

5g modem Market Trends

The extraordinarily increasing purchase is attributed to the global rollout of 5G networks and the mounting need for high-speed connectivity. Here, the wide trend is to incorporate 5G modems into any device other than smartphones: laptops, tablets, IoT devices, and even vehicles. The sudden rise in utilisation of data-hungry applications like cloud gaming, augmented reality, and industrial automation requires uninterrupted fast connectivity. Another very significant trend involves the advanced class of 5G modems marketed with power efficiency. And modem manufacturers are increasingly focusing on improving modem performance for data speed, latency, and power consumption to fulfil the needs of next-generation applications. In addition, due focus is shifting toward security features for the protection of devices and data trafficked over the 5G network. These advancements will become essential for the reliable and secure user experience in a fast-changing 5G ecosystem.

5g modem Market Leading Players

The key players profiled in the report are Netgear (United States), Qorvo, Inc. (United States), Qualcomm Technologies, Inc. (United States), MediaTek (Taiwan), Mofi Network (Canada), Nokia Corporation (Finland), Advanced Micro Devices, Inc. (AMD) (United States), Samsung Electronics Co., Ltd. (South Korea), Huawei Technologies Co., Ltd. (China), Infineon Technologies AG (Germany), Intel (United States), Broadcom Inc. (United States), Linovision (United States)

Growth Accelerators

The 5G modem market is driven by a variety of factors, the foremost being the excruciating demand for faster and more reliable internet connectivity. Data-intensive applications like high-definition video streaming, online gaming, and augmented reality are gaining widespread acceptance, thus giving rise to the need for high-speed and low-latency connections. 5G, by virtue of its superior capabilities compared with its predecessors, has come with the means to fulfil these requirements, further accelerating the growth of the 5G modem market. Another important driver would be quite simply the rapid increase in the numbers of IoT (Internet of Things) devices. The number of connected devices, ranging from smart homes and wearables to industrial sensors and connected vehicles, is growing extremely fast in different sectors. 5G modem services will work wonders for forming communication and data transfer for these devices through the enabling of smart cities, connected industries, and a melange of applications. This growing dependency on such connected devices is creating a pressing demand for 5G modems in numerous sectors.

5g modem Market Segmentation analysis

The Global 5g modem is segmented by Type, Application, and Region.
By Type, the market is divided into Distributed Non-Standalone, Standalone . The Application segment categorizes the market based on its usage such as Enhanced Mobile Broadband (eMBB), Ultra-Reliable Low Latency Communication(URLLC), Massive Machine Type Communications (mMTC). Geographically, the market is assessed across key Regions like {regionNms} and others, each presenting distinct growth opportunities and challenges influenced by the regions.

Competitive Landscape

There is intense competition in the 5G modem market among a handful of major players. Qualcomm, MediaTek, and Intel control the market, and each has a significant share of it. They compete on the grounds of modem performance (data speeds and latency), power efficiency, size, cost, and integration possibilities. Comprehensive solutions, including software and support services, are also areas of consideration. Companies spend massive amounts of money on research and development to forge ahead in 5G technologies and grab their share of the fast-growing market, making the highly competitive landscape dynamic. Apart from the dominant players, the 5G modem market has smaller manufacturers and startups focusing on niche applications or the development of new technologies. These smaller players innovate and contribute to the overall ecosystem by providing specialised solutions.

Challenges In 5g modem Market

The 5G modem market has promising growth prospects; however, several challenges exist. One major challenge is that the cost of development and manufacturing of 5G modems is high, which could be a deterrent to widespread adoption, particularly in price-sensitive markets. Furthermore, ensuring that such modems are compatible with different 5G network infrastructures and frequency bands in different regions represents another technical challenge for the modem manufacturers. Another form of challenge is the integration of the 5G modems themselves into the devices, quite complex in nature. Close cooperation among those providing the modems and those producing the devices is necessary, which could turn out to be costly and time-consuming. Furthermore, security and privacy of data transmitted over the 5G or any other network need to be addressed to nurture and gain trust from the consumers and businesses

Risks & Prospects in 5g modem Market

The 5G modem market has immense opportunities. This has arisen from worldwide developments in 5G, increasing demand for high-speed connectivity, along with IoT and edge computing. Some of the growing segments include smartphones, connected cars, smart cities, and industrial automation. Each of these needs ultra-low latencies and high rates of data transfer. Along with the ongoing deployment of 5G standalone infrastructure, the mmWave technology enables further market potential. From a geographical point of view, North America and Asia-Pacific boast the market. The U.S., China, South Korea, and Japan lead the race in terms of 5G deployments. Such important players like Qualcomm, MediaTek, and Huawei are galloping the progress between modem technologies. Europe closely follows, directing efforts toward 5G-enabled smart manufacturing and automotive applications. Gradual adoption is also being experienced in emerging economies in Latin America and the Middle East, where deployment is driven by government initiatives and increasing mobile penetration. Unfortunately, some of these regions might be affected by geopolitical tensions, over deployment costs, and regulatory challenges.

Key Target Audience

, Greenfield technology—and the next-generation use of connectivity—is becoming central to the target audience for the 5G modem market. Priority is given to smartphone and device makers like Apple, Samsung, and Xiaomi as major consumers integrating 5G modems for enhanced speed, reduced latency, and overall efficiency of the network. Telecom operators/network infrastructure providers rely on the 5G modem to keep supporting these growing networks in enabling seamless connectivity for consumers as well as enterprises., Another major segment is made up of enterprise customers subscribing to cloud service, data centers, and industrial automation, including 5G modems for high-speed data transmission and low-latency applications. Sectors such as banking services and online gaming platforms require real-time communication; therefore, investing in 5G connectivity to better user experience and operational efficiency. Adding to this, government-backed initiatives directed at digital transformation and smart infrastructure expand demand for 5G modems as critical consortia toward global connectivity in the digital future.

Merger and acquisition

Consolidation activities have affected the 5G modem market heavily in recent years, restructuring the competitive environment. In 2019, Apple acquired Intel's smartphone modem business for $1 billion, developing its modem technology and minimising reliance on external suppliers. This strategic decision led to Apple's own custom-designed C1 modem chip in the iPhone 16e's launch in 2025. With this, Apple moved away from using Qualcomm's components. Telit's acquisition of Thales' cellular IoT products in December 2022 initiated the formation of Telit Cinterion, a leading Western IoT solutions provider. In November 2024, Nokia acquired the world's largest API hub from Rapid in a bid to leverage the benefits of 5G and expand its presence in diverse markets. These acquisitions show the fast-changing and increasingly consolidating trends in the 5G modem business. >

Analyst Comment

Rapid growth is being exhibited in the 5G modem market as it is fuelled by the adoption of the 5G technology into smartphones, IoT devices, and industrial applications. At last, due to the faster data speeds it offers, less latency, and the enhanced connectivity by 5G modem, it becomes a critical link for future generations of communication networks. Key players like Qualcomm, MediaTek, Intel, and Samsung are investing heavily in components in the advanced chipset development platform to advance efficiency and power consumption. Therefore, expansion in 5G infrastructures will also fuel demand in regions such as automotive, healthcare, and smart cities, in addition to government initiatives supporting the digital transformation.