14 DAY TRIAL // The market of mobile 3G modems is expected to see growth in the near future, a recent report from In-Stat shows. According to the research firm, the sales will increase mainly due to rapid technology advancements in the area, not to mention that a wider range of devices will come to the market, something that will also result in the leverage of wireless broadband.
Even so, the research firm also notes that the revenues in the area are expected to decline, mainly due to the fact that prices will see erosion, although unit shipments will continue to soar. “The Average Selling Price (ASP) of external or USB modems dropped more than 25% in 2009 to below $65 per unit in 2009. However price erosion will moderate in coming years, as multi-mode modems that also support WiMax, WiFi or LTE gain ground,” Allen Nogee, In-Stat analyst, commented on the findings of the report.
“The Cellular Broadband 3G Modem Market: Multi-mode and Hotspots add Spice to Life” research from In-Stat is focused on the worldwide market for cellular broadband 3G modems. The research firm has analyzed the 3G cellular modem market, but did not take into consideration the modems that are used in mobile handsets. The report also delivers forecasts of global 3G mobile modem shipments, on ASP and revenue by type through 2014, as well as an analysis of market drivers and barriers, and vendor profiles.
Some of the findings of the report include: - In 2010, the market for 3G cellular modems (aside from mobile handset modems) will be worth over $3.5 billion. - The external 3G cellular modem segment is larger than the embedded modem segment in 2010, but embedded modems are on a path to surpass external 3G modems. - The top reason cited by respondents to an In-Stat survey that made them averse to using cellular broadband services was slow performance.
Additional details are available on the research firm's website.