세계의 셀룰러 모뎀 시장 - 점유율, 시장 규모, 동향, 산업 분석 보고서 : 유형별, 기술별, 업계별, 지역별, 부문별 예측(2024-2032년)

The global cellular modem market size is expected to reach USD 14.47 billion by 2032, according to a new study by Polaris Market Research. The report "Cellular Modem Market Share, Size, Trends, Industry Analysis Report, By Type (Embedded Cellular Modem, Box Portable Cellular Modem); By Technology; By Vertical; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Cellular modems play a prominent role in providing connectivity to cellular devices, including smartphones, tablets, mobile hotspots, routers, and more, with the cellular networks. It facilitates data transmission through wireless protocols of cellular networks, such as 2G, 3G, 4G LTE, and 5G. The ongoing development of various devices with the Internet of Things (IoT) is driving the need for cellular modems in the marketplace. An efficient modem increases the capability of a cellular device to get connected.

The increasing adoption of internet-connected devices in the marketplace is showcasing the significant demand potential for cellular modems. According to the industrial study, the presence of a number of cellular IoT devices is expected to grow by more than 10% annually.

The development of cellular vehicle-to-everything (C-V2X) technology is driving the need for advanced connectivity. It promotes communication among vehicles and everything around them. This is gaining traction in most of the regions, including the United States, which may create new demand for cellular modems in the future.

Cellular modem manufacturers need to update their designs more often to meet and benefit from ongoing industry standards. This is escalating research and development activities along with the new product innovations in the market. For instance, in November 2023, Apple announced the development of its own cellular modem, which is likely to be completed by 2026. It is also focusing on 6G modem research along with the advancements in 5G modem development.

The increasing strategic collaborations among the companies to gain a competitive advantage are expected to further propel the advancements in cellular modem. In November 2023, Qualcomm and Valeo announced their extended collaborations to improve safety and connectivity in the Indian small mobility segment.

Cellular Modem Market Report Highlights

Box portable segment is anticipated to witness the highest growth in the coming years due to its portability and ease of sharing the internet with multiple devices.

5G segment accounted for the largest market share owing to its higher speed compared to 4G network.

Energy & Utilities segment is projected to experience a larger revenue share due to the adoption of smart meters.

Asia Pacific is projected to register the fastest growth in the study period owing to the increasing number of internet users in the region.

The global players include Advantech, Airgain, Inc., Belkin, Bentek Systems, Campbell Scientific, & Cisco Systems.

Polaris Market Research has segmented the cellular modem market report based on type, technology, vertical and region:

Cellular Modem, Type Outlook (Revenue - USD Billion, 2019 - 2032)

• Embedded Cellular Modem
• Box Portable Cellular Modem

Cellular Modem, Technology Outlook (Revenue - USD Billion, 2019 - 2032)

• 2G
• 3G
• 4G
• 5G
• NB-IoT
• LTE-M

Cellular Modem, Vertical Outlook (Revenue - USD Billion, 2019 - 2032)

• Agriculture
• Automotive & Transportation
• Building Automation
• Consumer Electronics
• Energy & Utilities
• Healthcare
• Industrial/Manufacturing
• Retail
• Smart Cities
• Others

Cellular Modem, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Asia Pacific
• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Latin America
• Argentina
• Brazil
• Mexico
• Middle East & Africa
• UAE
• Saudi Arabia
• Israel
• South Africa

Table of Contents

1. Introduction

• 1.1. Report Description
  • 1.1.1. Objectives of the Study
  • 1.1.2. Market Scope
  • 1.1.3. Assumptions
• 1.2. Stakeholders

2. Executive Summary

• 2.1. Market Highlights

3. Research Methodology

• 3.1. Overview
  • 3.1.1. Data Mining
• 3.2. Data Sources
  • 3.2.1. Primary Sources
  • 3.2.2. Secondary Sources

4. Global Cellular Modem Market Insights

• 4.1. Cellular Modem Market - Technology Snapshot
• 4.2. Cellular Modem Market Dynamics
  • 4.2.1. Drivers and Opportunities
    • 4.2.1.1. The ongoing need for connectivity among the various industrie.
    • 4.2.1.2. Rising Adoption of IoT Devices
  • 4.2.2. Restraints and Challenges
    • 4.2.2.1. Infrastructure Challenges in some regions.
• 4.3. Porter's Five Forces Analysis
  • 4.3.1. Bargaining Power of Suppliers (Moderate)
  • 4.3.2. Threats of New Entrants: (Low)
  • 4.3.3. Bargaining Power of Buyers (Moderate)
  • 4.3.4. Threat of Substitute (Moderate)
  • 4.3.5. Rivalry among existing firms (High)
• 4.4. PESTEL Analysis
• 4.5. Cellular Modem Market Technology Trends
• 4.6. Value Chain Analysis
• 4.7. COVID-19 Impact Analysis

5. Global Cellular Modem Market, by Type

• 5.1. Key Findings
• 5.2. Introduction
  • 5.2.1. Global Cellular Modem Market, by Type, 2019-2032 (USD Billion)
• 5.3. Embedded Cellular Modem
  • 5.3.1. Global Cellular Modem Market, by Embedded Cellular Modem, by Region, 2019-2032 (USD Billion)
• 5.4. Box Portable Cellular Modem
  • 5.4.1. Global Cellular Modem Market, by Box Portable Cellular Modem, by Region, 2019-2032 (USD Billion)

6. Global Cellular Modem Market, by Vertical

• 6.1. Key Findings
• 6.2. Introduction
  • 6.2.1. Global Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
• 6.3. Agriculture
  • 6.3.1. Global Cellular Modem Market, by Agriculture, by Region, 2019-2032 (USD Billion)
• 6.4. Automotive & Transportation
  • 6.4.1. Global Cellular Modem Market, by Automotive & Transportation, by Region, 2019-2032 (USD Billion)
• 6.5. Building Automation
  • 6.5.1. Global Cellular Modem Market, by Building Automation, by Region, 2019-2032 (USD Billion)
• 6.6. Consumer Electronics
  • 6.6.1. Global Cellular Modem Market, by Consumer Electronics, by Region, 2019-2032 (USD Billion)
• 6.7. Energy & Utilities
  • 6.7.1. Global Cellular Modem Market, by Energy & Utilities, by Region, 2019-2032 (USD Billion)
• 6.8. Healthcare
  • 6.8.1. Global Cellular Modem Market, by Healthcare, by Region, 2019-2032 (USD Billion)
• 6.9. Industrial/Manufacturing
  • 6.9.1. Global Cellular Modem Market, by Industrial/Manufacturing, by Region, 2019-2032 (USD Billion)
• 6.10. Retail
  • 6.10.1. Global Cellular Modem Market, by Retail, by Region, 2019-2032 (USD Billion)
• 6.11. Smart Cities
  • 6.11.1. Global Cellular Modem Market, by Smart Cities, by Region, 2019-2032 (USD Billion)
• 6.12. Others
  • 6.12.1. Global Cellular Modem Market, by Others, by Region, 2019-2032 (USD Billion)

7. Global Cellular Modem Market, by Technology

• 7.1. Key Findings
• 7.2. Introduction
  • 7.2.1. Global Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
• 7.3. 2G
  • 7.3.1. Global Cellular Modem Market, by 2G, By Region, 2019-2032 (USD Billion)
• 7.4. 3G
  • 7.4.1. Global Cellular Modem Market, by 3G, By Region, 2019-2032 (USD Billion)
• 7.5. 4G
  • 7.5.1. Global Cellular Modem Market, by 4G, By Region, 2019-2032 (USD Billion)
• 7.6. 5G
  • 7.6.1. Global Cellular Modem Market, by 5G, By Region, 2019-2032 (USD Billion)
• 7.7. NB-IoT
  • 7.7.1. Global Cellular Modem Market, by NB-IoT, By Region, 2019-2032 (USD Billion)
• 7.8. LTE-M
  • 7.8.1. Global Cellular Modem Market, by LTE-M, By Region, 2019-2032 (USD Billion)

8. Global Cellular Modem Market, by Geography

• 8.1. Key findings
• 8.2. Introduction
  • 8.2.1. Cellular Modem Market Assessment, By Geography, 2019-2032 (USD Billion)
• 8.3. Cellular Modem Market - North America
  • 8.3.1. North America: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
  • 8.3.2. North America: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
  • 8.3.3. North America: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.3.4. Cellular Modem Market - U.S.
    • 8.3.4.1. U.S.: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.3.4.2. U.S.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.3.4.3. U.S.: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.3.5. Cellular Modem Market - Canada
    • 8.3.5.1. Canada: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.3.5.2. Canada.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.3.5.3. Canada: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
• 8.4. Cellular Modem Market - Europe
  • 8.4.1. Europe: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
  • 8.4.2. Europe.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
  • 8.4.3. Europe: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.4.4. Cellular Modem Market - UK
    • 8.4.4.1. UK: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.4.4.2. UK.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.4.4.3. UK: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.4.5. Cellular Modem Market - France
    • 8.4.5.1. France: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.4.5.2. France.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.4.5.3. France: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.4.6. Cellular Modem Market - Germany
    • 8.4.6.1. Germany: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.4.6.2. Germany.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.4.6.3. Germany: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.4.7. Cellular Modem Market - Italy
    • 8.4.7.1. Italy: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.4.7.2. Italy.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.4.7.3. Italy: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.4.8. Cellular Modem Market - Spain
    • 8.4.8.1. Spain: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.4.8.2. Spain.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.4.8.3. Spain: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.4.9. Cellular Modem Market - Netherlands
    • 8.4.9.1. Netherlands: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.4.9.2. Netherlands.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.4.9.3. Netherlands: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.4.10. Cellular Modem Market - Russia
    • 8.4.10.1. Russia: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.4.10.2. Russia.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.4.10.3. Russia: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
• 8.5. Cellular Modem Market - Asia Pacific
  • 8.5.1. Asia Pacific: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
  • 8.5.2. Asia Pacific.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
  • 8.5.3. Asia Pacific: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.5.4. Cellular Modem Market - China
    • 8.5.4.1. China: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.5.4.2. China.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.5.4.3. China: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.5.5. Cellular Modem Market - India
    • 8.5.5.1. India: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.5.5.2. India.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.5.5.3. India: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.5.6. Cellular Modem Market - Malaysia
    • 8.5.6.1. Malaysia: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.5.6.2. Malaysia.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.5.6.3. Malaysia: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.5.7. Cellular Modem Market - Japan
    • 8.5.7.1. Japan: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.5.7.2. Japan.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.5.7.3. Japan: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.5.8. Cellular Modem Market - Indonesia
    • 8.5.8.1. Indonesia: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.5.8.2. Indonesia.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.5.8.3. Indonesia: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.5.9. Cellular Modem Market - South Korea
    • 8.5.9.1. South Korea: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.5.9.2. South Korea.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.5.9.3. South Korea: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
• 8.6. Cellular Modem Market - Middle East & Africa
  • 8.6.1. Middle East & Africa: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
  • 8.6.2. Middle East & Africa.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
  • 8.6.3. Middle East & Africa: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.6.4. Cellular Modem Market - Saudi Arabia
    • 8.6.4.1. Saudi Arabia: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.6.4.2. Saudi Arabia.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.6.4.3. Saudi Arabia: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.6.5. Cellular Modem Market - UAE
    • 8.6.5.1. UAE: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.6.5.2. UAE.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.6.5.3. UAE: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.6.6. Cellular Modem Market - Israel
    • 8.6.6.1. Israel: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.6.6.2. Israel.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.6.6.3. Israel: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.6.7. Cellular Modem Market - South Africa
    • 8.6.7.1. South Africa: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.6.7.2. South Africa.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.6.7.3. South Africa: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
• 8.7. Cellular Modem Market - Latin America
  • 8.7.1. Latin America: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
  • 8.7.2. Latin America.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
  • 8.7.3. Latin America: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.7.4. Cellular Modem Market - Mexico
    • 8.7.4.1. Mexico: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.7.4.2. Mexico.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.7.4.3. Mexico: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.7.5. Cellular Modem Market - Brazil
    • 8.7.5.1. Brazil: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.7.5.2. Brazil.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.7.5.3. Brazil: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)
  • 8.7.6. Cellular Modem Market - Argentina
    • 8.7.6.1. Argentina: Cellular Modem Market, by Type, 2019-2032 (USD Billion)
    • 8.7.6.2. Argentina.: Cellular Modem Market, by Technology, 2019-2032 (USD Billion)
    • 8.7.6.3. Argentina: Cellular Modem Market, by Vertical, 2019-2032 (USD Billion)

9. Competitive Landscape

• 9.1. Expansion and Acquisition Analysis
  • 9.1.1. Expansion
  • 9.1.2. Acquisitions
• 9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

• 10.1. Advantech Co., Ltd.
  • 10.1.1. Company Overview
  • 10.1.2. Financial Performance
  • 10.1.3. Product Benchmarking
  • 10.1.4. Recent Development
• 10.2. Airgain, Inc.
  • 10.2.1. Company Overview
  • 10.2.2. Financial Performance
  • 10.2.3. Product Benchmarking
  • 10.2.4. Recent Development
• 10.3. Belkin
  • 10.3.1. Company Overview
  • 10.3.2. Financial Performance
  • 10.3.3. Product Benchmarking
  • 10.3.4. Recent Development
• 10.4. Bentek Systems
  • 10.4.1. Company Overview
  • 10.4.2. Financial Performance
  • 10.4.3. Product Benchmarking
  • 10.4.4. Recent Development
• 10.5. Campbell Scientific, Inc.
  • 10.5.1. Company Overview
  • 10.5.2. Financial Performance
  • 10.5.3. Product Benchmarking
  • 10.5.4. Recent Development
• 10.6. Cisco Systems, Inc.
  • 10.6.1. Company Overview
  • 10.6.2. Financial Performance
  • 10.6.3. Product Benchmarking
  • 10.6.4. Recent Development
• 10.7. D-Link Corporation
  • 10.7.1. Company Overview
  • 10.7.2. Financial Performance
  • 10.7.3. Product Benchmarking
  • 10.7.4. Recent Development
• 10.8. Digi International Inc.
  • 10.8.1. Company Overview
  • 10.8.2. Financial Performance
  • 10.8.3. Product Benchmarking
  • 10.8.4. Recent Development
• 10.9. Huawei Device Co., Ltd.
  • 10.9.1. Company Overview
  • 10.9.2. Financial Performance
  • 10.9.3. Product Benchmarking
  • 10.9.4. Recent Development
• 10.10. InHand Networks
  • 10.10.1. Company Overview
  • 10.10.2. Financial Performance
  • 10.10.3. Product Benchmarking
  • 10.10.4. Recent Development
• 10.11. Jinan USR IOT Technology Limited
  • 10.11.1. Company Overview
  • 10.11.2. Financial Performance
  • 10.11.3. Product Benchmarking
  • 10.11.4. Recent Development
• 10.12. LANTRONIX, INC.
  • 10.12.1. Company Overview
  • 10.12.2. Financial Performance
  • 10.12.3. Product Benchmarking
  • 10.12.4. Recent Development
• 10.13. Moxa Inc.
  • 10.13.1. Company Overview
  • 10.13.2. Financial Performance
  • 10.13.3. Product Benchmarking
  • 10.13.4. Recent Development
• 10.14. Motorola Mobility LLC
  • 10.14.1. Company Overview
  • 10.14.2. Financial Performance
  • 10.14.3. Product Benchmarking
  • 10.14.4. Recent Development