Narrative: Baseband Processor Market Share Q4 2024
Explore key trends in the cellular baseband market. This report covers 17% YoY revenue growth in Q4 2024, Apple's shift to captive 5G basebands, and market forecasts through Q3 2025.
The global cellular baseband processor market grew a healthy 17 percent year-on-year (revenues) in Q4 2024 capping off a full year recovery of 14% improvement over 2023. The industry is bracing for Apple to enter the 5G baseband market as it prepares to adopt a captive silicon strategy for iPhone baseband processors which will likely result to Apple completely weaning off from Qualcomm by 2027. 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 and forecast from Q1 2008 to Q3 2025.
