PUBLISHER: 360iResearch | PRODUCT CODE: 1434174
PUBLISHER: 360iResearch | PRODUCT CODE: 1434174
[191 Pages Report] The 5G Fixed Wireless Access Market size was estimated at USD 2.96 billion in 2023 and expected to reach USD 3.67 billion in 2024, at a CAGR 25.76% to reach USD 14.75 billion by 2030.
Global 5G Fixed Wireless Access Market
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 2.96 billion |
Estimated Year [2024] | USD 3.67 billion |
Forecast Year [2030] | USD 14.75 billion |
CAGR (%) | 25.76% |
5G fixed wireless access (FWA) enables network operators to deliver ultra-high-speed 5G broadband to suburban and rural areas. This network has emerged as a powerful tool for providing essential services such as education and healthcare, offering access to individuals at remote locations, online social networks, and educational institutes. Remote work, remote learning, and increasing usage of OTT video and gaming services during and after the pandemic raised consumer demand for high-bandwidth, low-latency services and increased traffic on residential broadband. On the other hand, high infrastructure cost for 5G fixed wireless access and delay in standardization for the deployment of 5G spectrum reduces their adoption. However, a rise in the use of cutting-edge technology such as the Internet of Things (IoT) and machine learning and government programs supporting the adoption of 5G fixed wireless access solutions and deploying 5G networks support usage. 5G-based mobile networks open the way to radically new experiences and opportunities, including multiplayer mobile gaming, virtual reality experiences, factory robots, self-driving cars, and other applications. Technological product advances and the adoption of Industry 4.0 across economies are anticipated to increase the demand for 5G fixed wireless access in the coming years.
Regional Insights
The Americas portrays an innovative landscape for 5G FWA, driven by regional market players focusing on their deployment through end-user partnerships. Research shows that 5G FWA services could serve over 8 million rural households, approximately half the rural residences in the U.S., by offering rapidly deployable and cost-effective high-speed broadband options. The Asia-Pacific 5G FWA has emerged as a promising application that can help operators monetize 5G in the industrial areas of the region. Moreover, 5G wireless, mobile, and FWA technologies are expected to play a significant role in closing the digital divide and enhancing the deployment of private networks and innovative services for the business and smart city contexts. In Europe, 5G FWA is anticipated to help drive broadband penetration and help telcos to increase their revenues from the home and small-medium business market.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the 5G Fixed Wireless Access Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the 5G Fixed Wireless Access Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the 5G Fixed Wireless Access Market, highlighting leading vendors and their innovative profiles. These include Advantech Co., Ltd., AT&T Inc., BLiNQ Networks, Blu Wireless Technology Limited., Cablefree by Wireless Excellence Limited, Cambium Networks, Ltd., Capestone BV, Casa Systems, Inc., Cisco Systems Inc., Cohere Technologies Inc., Collinear Networks, Inc., CommScope, Inc., Comsol Networks (Pty) Ltd., D-Link Corporation, Digi International Inc., ELVA-1, Ericsson AB, Eye Networks AS, Fujitsu Limited, GTT Communications, Inc., Huawei Technologies Co., Ltd., Inseego Corp., Intel Corporation, InterDigital, Inc., International Business Machines Corporation, Intracom Telecom, Mavenir Systems, Inc., Mimosa Networks, Inc. by Airspan Networks Inc., Netgear, Inc., NEXCOM International Co., Ltd., Nokia Corporation by Microsoft Corporation, Qualcomm Technologies, Inc., Radio Gigabit Inc., Redzone Wireless, LLC, Ribbon Communications Operating Company, Inc., Samsung Electronics Co., Ltd., Siklu Communications, Ltd., Singapore Telecommunications Limited, Sunrise GmbH, T-Mobile USA, Inc., Tarana Wireless, Inc., Telefonica Germany GmbH & Co. OHG, Telus Corporation, United States Cellular Corporation, Vantiva SA, Verizon Communications Inc., Vodafone Idea Ltd., and ZTE Corporation.
Market Segmentation & Coverage
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast of the 5G Fixed Wireless Access Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the 5G Fixed Wireless Access Market?
3. What are the technology trends and regulatory frameworks in the 5G Fixed Wireless Access Market?
4. What is the market share of the leading vendors in the 5G Fixed Wireless Access Market?
5. Which modes and strategic moves are suitable for entering the 5G Fixed Wireless Access Market?