Market Research Report
Worldwide 5G and LTE Router/Gateway Forecast, 2021-2025: Commercialization of 5G at the Edge Begins to Take Shape
|Worldwide 5G and LTE Router/Gateway Forecast, 2021-2025: Commercialization of 5G at the Edge Begins to Take Shape|
Published: August 18, 2021
Content info: 11 Pages
Delivery time: 1-2 business days
This IDC study presents a forecast for the worldwide 5G and 4G/LTE router/gateway market."COVID-19 has been a net positive for some suppliers in the LTE/5G router market, as DX initiatives have accelerated and heightened spending from the public sector, delivering growth amid overall headwinds in 2020 and 2021. However, spending on cellular IoT gateways softened in 2020, as uncertainty around COVID-19 in the early days led to most organizations either freezing or reducing spend on IoT projects," says Patrick Filkins, research manager, IoT and Telecom Network Infrastructure. "With IoT regaining momentum as the pandemic eases, we expect stronger-than-expected growth going forward in the LTE and 5G router space, as cellular technology overall gains traction as a primary link for branch environments, more mobile routers are deployed, and IoT projects recoup funding."