for Between the Lines
| November 19, 2019 — 20:16 GMT (20:16 GMT)
| Topic: 5G
Here’s a look at Qualcomm’s 5G adoption curve.
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This adoption curve for 5G is also expected to drive revenue growth for Qualcomm. In a slide illustrating the serviceable addressable market opportunity, or SAM, Qualcomm highlighted how it expects to grow compute revenue via Android tablets, Chromebooks and Windows devices, automotive wins and IoT.
Qualcomm’s adjacent markets with 5G look like this:
And the IoT space is expected to be a big driver for Qualcomm’s platform and addressable market.
Edge and cloud computing are also expected to be long-term growth markets for Qualcomm in calendar 2024. To that end, Qualcomm said it is investing $200 million annually to target long-term markets.
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In the end, Qualcomm’s growth strategy is to have more content and products within devices across multiple industries. It’s a Qualcomm everywhere approach that revolves around more revenue per device, growing adjacent markets and becoming a player in AI, cloud and compute.
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for Between the Lines
| November 19, 2019 — 20:16 GMT (20:16 GMT)
| Topic: 5G