5G RedCap shipments will reach 80 million
2 week ago / Read about 0 minute
Author:小编   

ABI Research predicts that from 2024 to 2029, shipments of 5G RedCap modules will reach 80 million units, with eRedCap modules accounting for 71%. As IoT applications transition to cost- and power-optimized 5G connectivity, major chip suppliers have entered the market, driving accelerated development of the IoT ecosystem. It is expected that by 2029, shipments of eRedCap modules will reach 56 million units, making IoT devices more efficient and cost-effective.