Baseband Market Share Model Q1 2024: Optimism Returns as 5G Poised to Overtake LTE
Share This Post
The global cellular baseband processor market grew 5 percent year-on-year (volume shipments) in Q1 2024 as the industry continues to recover from the disruptive inventory adjustments that plagued the industry in 2023. Major smartphone baseband vendors are now looking to 5G Advanced and AI to spur growth. This report tracks and forecasts the quarterly cellular baseband unit shipments, ASPs and revenues of 21 baseband chip vendors across six air interface technologies and includes data from Q1 2008 to Q4 2024.
