Global 4G Modem Chip Market Size & Share Analysis - Growth Trends & Forecast (2025 - 2032)

Market Research Store has published a report on the global 4G modem chip market, estimating its value at USD 3.15 Billion in 2024, with projections indicating it will reach USD 5.45 Billion by the end of 2032. The market is expected to expand at a compound annual growth rate (CAGR) of around 7.1% over the forecast period. The report examines the factors driving market growth, the obstacles that could hinder this expansion, and the opportunities that may emerge in the 4G modem chip industry. Additionally, it offers a detailed analysis of how these elements will affect demand dynamics and market performance throughout the forecast period.

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4G Modem Chip Market: Overview

The growth of the 4G modem chip market is fueled by rising global demand across various industries and applications. The report highlights lucrative opportunities, analyzing cost structures, key segments, emerging trends, regional dynamics, and advancements by leading players to provide comprehensive market insights. The 4G modem chip market report offers a detailed industry analysis from 2024 to 2032, combining quantitative and qualitative insights. It examines key factors such as pricing, market penetration, GDP impact, industry dynamics, major players, consumer behavior, and socio-economic conditions. Structured into multiple sections, the report provides a comprehensive perspective on the market from all angles.

Key sections of the 4G modem chip market report include market segments, outlook, competitive landscape, and company profiles. Market Segments offer in-depth details based on Technology, Application, End User, Integration Level, and other relevant classifications to support strategic marketing initiatives. Market Outlook thoroughly analyzes market trends, growth drivers, restraints, opportunities, challenges, Porter’s Five Forces framework, macroeconomic factors, value chain analysis, and pricing trends shaping the market now and in the future. The Competitive Landscape and Company Profiles section highlights major players, their strategies, and market positioning to guide investment and business decisions. The report also identifies innovation trends, new business opportunities, and investment prospects for the forecast period.

Key Highlights:

• As per the analysis shared by our research analyst, the global 4G modem chip market is estimated to grow annually at a CAGR of around 7.1% over the forecast period (2025-2032).
• In terms of revenue, the global 4G modem chip market size was valued at around USD 3.15 Billion in 2024 and is projected to reach USD 5.45 Billion by 2032.
• The market is projected to grow at a significant rate due to rising mid-range smartphone penetration and lte network coverage drive growth.
• Based on the Technology, the LTE-FDD segment is growing at a high rate and will continue to dominate the global market as per industry projections.
• On the basis of Application, the Smartphones segment is anticipated to command the largest market share.
• In terms of End User, the OEMs segment is projected to lead the global market.
• By Integration Level, the Discrete Modems segment is predicted to dominate the global market.
• Based on region, Asia Pacific is projected to dominate the global market during the forecast period.

4G Modem Chip Market: Report Scope

This report thoroughly analyzes the 4G modem chip market, exploring its historical trends, current state, and future projections. The market estimates presented result from a robust research methodology, incorporating primary research, secondary sources, and expert opinions. These estimates are influenced by the prevailing market dynamics as well as key economic, social, and political factors. Furthermore, the report considers the impact of regulations, government expenditures, and advancements in research and development on the market. Both positive and negative shifts are evaluated to ensure a comprehensive and accurate market outlook.

4G Modem Chip Market: Dynamics

Key Growth Drivers

The 4G Modem Chip market continues to be driven by the pervasive demand for reliable and affordable mobile broadband services, particularly in regions where 5G infrastructure is still in nascent stages or where cost-effectiveness is a primary concern. The ongoing expansion of 4G LTE networks, especially in rural and suburban areas, ensures a continued need for 4G-enabled devices. The burgeoning Internet of Things (IoT) ecosystem is a substantial driver, as many IoT applications, such as asset tracking, smart metering, industrial automation, and smart city sensors, require consistent and cost-efficient cellular connectivity that 4G modems reliably provide. Furthermore, the growth in fixed wireless access (FWA) as an alternative to wired broadband in underserved areas heavily relies on 4G technology.

Restraints

The primary restraint on the 4G Modem Chip market is the increasing global push towards 5G technology. As 5G networks expand and 5G-enabled devices become more prevalent and affordable, there is a natural shift in focus and investment away from 4G. The superior speeds, lower latency, and higher connection density offered by 5G for mission-critical applications and advanced consumer experiences present a formidable competitive challenge. High costs associated with the deployment and maintenance of extensive 4G LTE infrastructure, particularly in remote regions, can also be a limiting factor. Additionally, concerns related to cybersecurity and data privacy with increasing connectivity across 4G networks remain a hurdle for some deployments.

Opportunities

Significant opportunities exist for 4G modem chips in specialized applications and emerging markets. The continued demand for affordable smartphones and connected devices in developing economies, where 5G rollout lags, provides a persistent market for 4G. The vast and growing IoT and M2M (Machine-to-Machine) market offers substantial opportunities, particularly for applications that do not require ultra-high bandwidth or ultra-low latency, where 4G provides a cost-effective and energy-efficient solution (e.g., LTE-M and NB-IoT for long-lasting battery-powered devices). Furthermore, 4G modems can serve as a crucial fallback or redundant connectivity option in multi-mode 5G devices, ensuring continuous service in areas with limited 5G coverage, thus playing a complementary role in the evolving cellular landscape.

Challenges

The 4G Modem Chip market faces several critical challenges. The most pressing is the accelerating deployment of 5G networks globally, which progressively reduces the long-term demand for 4G-only chipsets for many new device categories. Intense competition from 5G technologies, as well as alternative wireless technologies like Wi-Fi 6/7 and LPWAN (Low-Power Wide-Area Networks) in specific IoT use cases, pressures pricing and application scope for 4G. Ensuring sufficient power efficiency for 4G modems, especially in compact, battery-powered IoT devices, remains an ongoing technical challenge despite advancements. Moreover, the industry must continuously innovate to maximize data throughput within the 4G LTE standard and its variations, while managing costs and addressing the declining investment in new 4G infrastructure by network operators.

4G Modem Chip Market: Segmentation Insights

The global 4G modem chip market is segmented based on Technology, Application, End User, Integration Level, and Region. All the segments of the 4G modem chip market have been analyzed based on present & future trends and the market is estimated from 2024 to 2032.

Based on Technology, the global 4G modem chip market is divided into LTE-FDD, LTE-TDD, LTE-Advanced.

On the basis of Application, the global 4G modem chip market is bifurcated into Smartphones, Wearables, Routers, IoT Devices, Automotive Systems.

In terms of End User, the global 4G modem chip market is categorized into OEMs, Network Equipment Providers, End Consumers.

Based on Integration Level, the global 4G modem chip market is split into Discrete Modems, Integrated in SoC.

4G Modem Chip Market: Regional Insights

The 4G modem chip market is currently dominated by the Asia-Pacific (APAC) region, which accounted for over 55% of global revenue in 2023, driven by massive smartphone production, IoT adoption, and affordable connectivity solutions in China, India, and Southeast Asia. China leads the market, with chipmakers like MediaTek, UNISOC, and Huawei supplying 4G LTE Cat-1 and Cat-4 chips for budget smartphones, industrial IoT, and smart city projects. North America follows as the second-largest market, with the U.S. focusing on 4G-enabled automotive and rural broadband applications. Meanwhile, Africa and Latin America show growing demand due to delayed 5G rollouts. APAC’s dominance is reinforced by cost-competitive chip manufacturing and government initiatives to bridge the digital divide with 4G infrastructure.

4G Modem Chip Market: Competitive Landscape

The 4G modem chip market report offers a thorough analysis of both established and emerging players within the market. It includes a detailed list of key companies, categorized based on the types of products they offer and other relevant factors. The report also highlights the market entry year for each player, providing further context for the research analysis.

The "Global 4G Modem Chip Market" study offers valuable insights, focusing on the global market landscape, with an emphasis on major industry players such as;

• Qualcomm
• Globespan
• Infineon
• Broadcom
• ST
• TI
• ROCKWELL
• ITEX
• USR
• Alcatel-Lucent
• Intel

The Global 4G Modem Chip Market is Segmented as Follows:

By Technology

• LTE-FDD
• LTE-TDD
• LTE-Advanced

By Application

• Smartphones
• Wearables
• Routers
• IoT Devices
• Automotive Systems

By End User

• OEMs
• Network Equipment Providers
• End Consumers

By Integration Level

• Discrete Modems
• Integrated in SoC

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

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