Market outlook for 5G RedCap remains strong

Despite slower than expected enterprise adoption, the market outlook for 5G RedCap and eRedCap technology remains strong

Despite slower than expected enterprise adoption, the market outlook for 5G RedCap and eRedCap technology remains strong, finds Omdia. This technology is projected to significantly transform the IoT landscape, suprassing 700 million global connections by 2030.

This is according to Omdia’s latest report, ‘5G RedCap and eRedCap: The Current and Future State of the Market’.

5G RedCap and eRedCap technologies deliver solutions that effectively bridge the crucial gap between high-performance 5G and low-power IoT applications. Key advantages include:

The RedCap ecosystem is rapidly evolving, driven by key advancements:

Several factors will influence the pace of adoption of 5G RedCap:

“RedCap and eRedCap technologies represent a strategic evolution in IoT connectivity,” said Alexander Thompson, Senior IoT Analyst, Omdia, and lead author of the report. “While adoption timelines may extend beyond initial projections, these technologies will play a pivotal role in future IoT deployments, particularly as the ecosystem matures and 5G SA networks expand globally.”

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