Omdia predicts explosive growth for 5G RedCap connections set to reach almost 1 billion by 2030

LONDON, Oct. 2, 2024 /PRNewswire/ — New Omdia insights into 5G technology have forecast that 5G RedCap (Reduced Capability) will surge by 66% CAGR to reach 963.5 million connections by 2030. These findings highlight the growing influence of 5G technology on IoT (Internet of Things) use…