Global 5G Compact Mobile WiFi Routers Market by VMR
The 5G compact mobile WiFi routers market was valued at USD 101 million in 2023 and is projected to reach USD 181.5 million by the end of 2030, growing at a CAGR of 15% from 2024 to 2030.
This market focuses on the development, production, distribution, and utilization of compact mobile WiFi routers leveraging 5G technology. These routers are crucial for delivering high-speed internet access in diverse environments, including offices, homes, vehicles, and outdoor settings.
A modem, short for modulator-demodulator, converts digital data into a format suitable for analog transmission mediums like telephone or radio. It encodes digital information onto carrier wave signals for transmission and decodes received signals back into digital data reliably. Wireless modems can be integrated into devices like smartphones or distributed as USB, serial, or wireless firewall modems. A 5G modem extends 5G network access to buildings, enabling high-speed connectivity without traditional cabling.