Despite the COVID-19 pandemic, the global cellular baseband processor market clocked all-time high revenue in 2020, according to Strategy Analytics. Strategy Analytics' research finds that strong demand for 5G fueled the baseband market to $26.8 billion in 2020, up 25 percent year-on-year.

The global fixed wireless broadband market will grow 30 percent in 2018 and will generate $18 billion in service revenue, according to a new report from ABI Research. As 5G fixed wireless broadband access is set to be launched in North America in 2018, it is set to expand and provide consumers with better quality service in the years to come.