Industry Background:
Fixed wireless access is defined as a connection that provides broadband access through mobile network-enabled customer premises equipment (CPE). This includes various form factors of CPEs, such as indoor (desktop and window) and outdoor (rooftop and wall-mounted). It does not include portable battery-based Wi-Fi routers or dongles. Fixed wireless access (FWA) connections are forecast to grow threefold and reach close to 160 million by the end of 2025, accounting for 25 percent of total mobile network data traffic globally. There were an estimated 51 million FWA connections globally at the end of 2019, FWA traffic is predicted to grow to reach 53EB in 2025, accounting for 25 percent of global mobile network data traffic, there will be close to 160 million FWA connections by the end of 2025, providing access to approximately 570 million individuals. There are three main factors that drive the FWA market and the uptake of connections. First, demand from consumers and businesses for digital services continues, driving the need for broadband connectivity. Second, FWA delivered over 4G or 5G is an increasingly cost-efficient broadband alternative in areas with limited availability of fixed services such as DSL, cable, or fiber. Increasing capacity allowed by greater spectrum allocations and technology advancements for 4G and 5G networks is driving higher network efficiency in terms of the cost per delivered gigabyte. Third, governments are fueling broadband connectivity through programs and subsidies, as it is considered vital for digitalization efforts and economic growth.
According to AMA Research, the market for 5G Fixed Wireless Access is expected to register a CAGR of 96.1% during the forecast period to 2028. This growth is primarily driven by Growing Demand for High-Speed Internet Connectivity and Broad Network Coverage With Reduced Latency and Power Consumption.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2022-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Telecom Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Qualcomm Technologies (United States), Nokia Corporation (Finland), Samsung Electronics (South Korea), Huawei (China), Ericsson (Sweden), Mimosa Networks, Inc. (United States), Cohere Technologies, Inc. (United States), Siklu Communication, Ltd. (Israel), AT&T Inc. (United States), Verizon Communications Inc. (United States) and Cisco (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In March 2021, Airspan Networks announced its entry into a definitive business combination agreement with New Beginnings Acquisition Corp., a special purpose acquisition company (SPAC). New Beginnings Acquisition will undergo a name change to Airspan Network Holdings, Inc., a publicly listed company.
In February 2023, Nokia and China United Network Communication Group Co. (CUC) collaborated with the initiation of a trial for a 5G fixed wireless access (FWA) solution. This trial, conducted in the Guangdong region, marks the first of its kind in the Chinese market. By leveraging Nokia's converged Multi-Access Gateway within their existing network, CUC aims to seamlessly integrate their fixed and mobile networks, enabling them to expand network bandwidth and provide enhanced broadband services to customers through their 5G network in the future.The 5G Fixed Wireless Access (FWA) market features a competitive landscape with multiple players vying for market share. These companies offer 5G FWA solutions that enable high-speed wireless connectivity to fixed locations. They compete based on factors such as network performance, reliability, coverage, scalability, and cost-effectiveness. Continuous technological advancements, including the development of advanced antennas and modems, as well as improved network infrastructure, drive the competition in this market. Additionally, partnerships with network operators and collaborations with equipment manufacturers play a significant role in shaping the competitive landscape of the 5G FWA market.
Influencing Trend:
High Adoption of Advanced Technologies Such as Machine-To-Machine (M2M)/Internet of Things (IoT) and Upsurging Use of Millimeter-Wave Technology in 5G FWA
Market Growth Drivers:
Growing Demand for High-Speed Internet Connectivity and Broad Network Coverage With Reduced Latency and Power Consumption
Challenges:
Compatibility Issues Between Traditional and 5G Networks and Short Wavelengths of Millimeter Waves
Restraints:
The Concern Related High Cost of Infrastructure and Adverse Impact of Millimeter-Wave Technology on the Environment
Opportunities:
Growing Demand for 5G FWA Networks From Varied Industries and Intensifying Demand for IoT and Cloud-Based Services
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of 5G Fixed Wireless Access Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of 5G Fixed Wireless Access Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of 5G Fixed Wireless Access players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, 5G Fixed Wireless Access Study Sheds Light on
The 5G Fixed Wireless Access Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the 5G Fixed Wireless Access industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where 5G Fixed Wireless Access industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.