ABI Research forecasts 80 Million RedCap IoT module shipments by 2029

Drawing from findings in its recent 5G RedCap Standards and Chipsets for IoT report, ABI Research has forecasted that IoT 5G Reduced Capacity (RedCap) module shipments will reach to 80 million from 2024 to 2029.

RedCap is a 5G Standalone (5G SA) technology that brings IoT and lower-performance devices into the 5G SA world. But lower performance doesn’t mean “low” performance as it has been understood in the NB-IoT, LPWA world. RedCap’s speeds, latency and spectrum use are largely on-par with advanced LTE capabilities.

“5G RedCap is a series of network and device optimizations that strips back device complexity, acting as a natural successor to LTE Cat-4 and LTE Cat-6,” Jonathan Budd, industry analyst at ABI Research, explained further, adding that this technology will provide an “affordable pathway to 5G” for those IoT device OEMs that don’t need the bells and whistles of 5G.

Source: rcrwireless.com

Source: IOT NETWORK NEWS