5G RedCap IoT Module Forecast
This is a news story, published by The Fast Mode | International Telecoms News, Analysis & Trends, that relates primarily to LTE news.
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•5G RedCap Set to Revolutionize IoT Devices as LTE Replacement, says ABI Research
82% Informative
5 G RedCap is a simplified version of 5 G, providing IoT device OEMs with an affordable migration pathway from LTE .
ABI Research forecasts IoT RedCap module revenues to reach US$1.2 billion from 2024 to 2029 .
The first eRedCap modules will arrive on the market in 2026 and are projected to be only 25% more expensive than Cat-1 modules.
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