PUBLISHER: Lucintel | PRODUCT CODE: 1417118
PUBLISHER: Lucintel | PRODUCT CODE: 1417118
The future of the global 5G fixed wireless access market looks promising with opportunities in the residential, commercial, industrial, and government markets. The global 5G fixed wireless access market is expected to reach an estimated $238.8 billion by 2030 with a CAGR of 35.4% from 2024 to 2030. The major drivers for this market are growing demand for high-speed internet access, greater use of cutting-edge technology in 5G fixed wireless access (FWA), such as millimeter-wave and internet of things (IoT), and increasing investment in 5G infrastructure.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global 5G fixed wireless access by offering, application, operating frequency, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies 5G fixed wireless access companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the 5G fixed wireless access companies profiled in this report include-
Lucintel forecasts that services is expected to witness the higher growth over the forecast period due to modernization of cellular networks worldwide to meet the growing demand for the internet, as well as, growth of the internet of things (IoT) and the increasing proliferation of data-intensive applications, companies and consumers are expecting quicker and more dependable connectivity.
Within this market, residential will remain the largest segment due to increasing demand for high-speed broadband, the growing popularity of smart home technology, and the growth in telecommuting and remote work.
North America is expected to witness highest growth over the forecast period due to rising use of smart home gadgets, rising demand for high-speed internet connection, and the arrival of 5G infrastructure in the region.
Market Size Estimates: 5G fixed wireless access market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: 5G fixed wireless access market size by offering, application, operating frequency, and region in terms of value ($B).
Regional Analysis: 5G fixed wireless access market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different offering, application, operating frequency, and regions for the 5G fixed wireless access market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the 5G fixed wireless access market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q1. What is the 5G fixed wireless access market size?
Answer: The global 5G fixed wireless access market is expected to reach an estimated $238.8 billion by 2030.
Q2. What is the growth forecast for 5G fixed wireless access market?
Answer: The global 5G fixed wireless access market is expected to grow with a CAGR of 35.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the 5G fixed wireless access market?
Answer: The major drivers for this market are growing demand for high-speed internet access, greater use of cutting-edge technology in 5G fixed wireless access (FWA), such as millimeter-wave and internet of things (IoT) and increasing investment in 5G infrastructure.
Q4. What are the major segments for 5G fixed wireless access market?
Answer: The future of the 5G fixed wireless access market looks promising with opportunities in the residential, commercial, industrial, and government markets.
Q5. Who are the key 5G fixed wireless access market companies?
Answer: Some of the key 5G fixed wireless access companies are as follows.
Q6. Which 5G fixed wireless access market segment will be the largest in future?
Answer: Lucintel forecasts that services is expected to witness the higher growth over the forecast period due to modernization of cellular networks worldwide to meet the growing demand for the internet, as well as, growth of the internet of things (IoT) and the increasing proliferation of data-intensive applications, companies and consumers are expecting quicker and more dependable connectivity.
Q7. In 5G fixed wireless access market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to rising use of smart home gadgets, rising demand for high-speed internet connection, and the arrival of 5G infrastructure in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.