| Product Code: ETC11549327 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Cape Verde continued to rely on key suppliers such as China, Portugal, Senegal, Togo, and the Netherlands for cellular modem imports. Despite a negative Compound Annual Growth Rate (CAGR) of -4.21% from 2020 to 2024, there was a slight recovery with a growth rate of 5.0% from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, emphasizing the dominant presence of these top exporting countries in supplying cellular modems to Cape Verde. This data suggests the importance of monitoring market dynamics to ensure a diverse and stable supply chain for cellular modems in Cape Verde.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cape Verde Cellular Modem Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Cellular Modem Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Cellular Modem Market - Industry Life Cycle |
3.4 Cape Verde Cellular Modem Market - Porter's Five Forces |
3.5 Cape Verde Cellular Modem Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde Cellular Modem Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Cape Verde Cellular Modem Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Cape Verde Cellular Modem Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Cellular Modem Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Cellular Modem Market Trends |
6 Cape Verde Cellular Modem Market, By Types |
6.1 Cape Verde Cellular Modem Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Cellular Modem Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Cape Verde Cellular Modem Market Revenues & Volume, By USB Cellular Modems, 2021 - 2031F |
6.1.4 Cape Verde Cellular Modem Market Revenues & Volume, By Industrial Cellular Routers, 2021 - 2031F |
6.1.5 Cape Verde Cellular Modem Market Revenues & Volume, By Embedded Cellular Modems, 2021 - 2031F |
6.1.6 Cape Verde Cellular Modem Market Revenues & Volume, By Wireless Hotspots, 2021 - 2031F |
6.1.7 Cape Verde Cellular Modem Market Revenues & Volume, By PCIe Cellular Modules, 2021 - 2031F |
6.2 Cape Verde Cellular Modem Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Cellular Modem Market Revenues & Volume, By Plug-and-Play Technology, 2021 - 2031F |
6.2.3 Cape Verde Cellular Modem Market Revenues & Volume, By LTE & 5G Networking, 2021 - 2031F |
6.2.4 Cape Verde Cellular Modem Market Revenues & Volume, By IoT & M2M Communication, 2021 - 2031F |
6.2.5 Cape Verde Cellular Modem Market Revenues & Volume, By Wi-Fi & Cellular Fusion, 2021 - 2031F |
6.2.6 Cape Verde Cellular Modem Market Revenues & Volume, By Embedded Wireless Solutions, 2021 - 2031F |
6.3 Cape Verde Cellular Modem Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Cellular Modem Market Revenues & Volume, By Remote Workers, 2021 - 2031F |
6.3.3 Cape Verde Cellular Modem Market Revenues & Volume, By Manufacturing Units, 2021 - 2031F |
6.3.4 Cape Verde Cellular Modem Market Revenues & Volume, By Smart Grid Operators, 2021 - 2031F |
6.3.5 Cape Verde Cellular Modem Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.3.6 Cape Verde Cellular Modem Market Revenues & Volume, By Automotive Industry, 2021 - 2031F |
6.4 Cape Verde Cellular Modem Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Cellular Modem Market Revenues & Volume, By Mobile Internet Connectivity, 2021 - 2031F |
6.4.3 Cape Verde Cellular Modem Market Revenues & Volume, By Industrial IoT Communication, 2021 - 2031F |
6.4.4 Cape Verde Cellular Modem Market Revenues & Volume, By Energy Management Systems, 2021 - 2031F |
6.4.5 Cape Verde Cellular Modem Market Revenues & Volume, By Business Internet, 2021 - 2031F |
6.4.6 Cape Verde Cellular Modem Market Revenues & Volume, By Connected Vehicles, 2021 - 2031F |
7 Cape Verde Cellular Modem Market Import-Export Trade Statistics |
7.1 Cape Verde Cellular Modem Market Export to Major Countries |
7.2 Cape Verde Cellular Modem Market Imports from Major Countries |
8 Cape Verde Cellular Modem Market Key Performance Indicators |
9 Cape Verde Cellular Modem Market - Opportunity Assessment |
9.1 Cape Verde Cellular Modem Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde Cellular Modem Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Cape Verde Cellular Modem Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Cape Verde Cellular Modem Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Cellular Modem Market - Competitive Landscape |
10.1 Cape Verde Cellular Modem Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Cellular Modem Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here