80 Million RedCap IoT Module Shipments Forecast by 2029, of Which 71% Will be eRedCap
Sequans Communications S.A. American Depositary Shares (each representing ten (10) Ordinary Shares) (SQNS)
Last sequans communications s.a. american depositary shares (each representing ten (10) ordinary shares) earnings: 4/23 06:00 am
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Source: PR Newswire
LONDON, Sept. 5, 2024 /PRNewswire/ -- 5G RedCap was finalized in the 3GPP's Release 17 to provide device OEMs with a migration pathway from 4G LTE to 5G for mid-range devices, whose throughput requirements sit between those of enhanced Mobile Broadband (eMBB) and Low-Power Wide-Area (LPWA). This makes 5G RedCap particularly interesting for the IoT. ABI Research, a global technology intelligence firm, forecasts IoT RedCap module shipments will accumulate to 80 million from 2024 to 2029."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. It is a means of providing an affordable pathway to 5G for IoT device OEMs that do not require the full spectrum of 5G capabilities," explains Jonathan Budd, Industry Analyst at ABI Research. "The mid-tier LTE Categories have proven valuable in connecting IoT devices; RedCap delivers LTE-equivalent throughput performance, with assurance of network longev
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News
- 5G IoT Module Market Forecasts 2024-2029: Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis [Yahoo! Finance]Yahoo! Finance
- Sequans Communications S.A. (NYSE: SQNS) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Sequans Communications SA (SQNS) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and ... [Yahoo! Finance]Yahoo! Finance
- Sequans Communications S.A. (NYSE: SQNS) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Sequans Communications S.A. (NYSE: SQNS) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
SQNS
Sec Filings
- 11/14/24 - Form SCHEDULE
- 11/5/24 - Form 6-K
- 9/30/24 - Form 424B3
- SQNS's page on the SEC website