SOURCE RESEARCH
Mobile and Portable Broadband Device Markets
Market Data | 4Q 2024 | MD-MPBDM-103
Get The ReportGrowing at a CAGR of 1.6% worldwide, global shipments for mobile broadband modem shipments will increase from 34.8 million in 2023 to 37.7 million by 2028. Legacy connectivity standards like 2G and 3G have already disappeared from the market in 2023, while 4G/LTE is headed for the same demise (0 shipments by 2028). Although, LTE-Advanced shipments will still be experienced throughout the forecast period, albeit at a very insignificant rate. Meanwhile, 5G-enabled mobile broadband modem shipments are expected to make up a third of total shipments in 2024, and encompass nearly all shipments by 2027.
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