This report describes and explains the 5G fixed wireless access market and covers 2020 to 2022, termed the historic period, and 2022 to 2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.
The 5G fixed wireless access market reached a value of nearly $3,072.24 million in 2022, having grown at a compound annual growth rate (CAGR) of 29.2% since 2020. The market is expected to grow from $3,072.24 million in 2022 to $40,287.19 million in 2027 at a rate 67.3%. The market is then expected to grow at a CAGR of 6.3% from 2027 and reach $54,718.47 million in 2032.
Growth in the historic period resulted from increasing adoption of 5G networks, increasing number of internet users, increasing wireless technology and strong economic growth in emerging markets.
Going forward, increasing smart homes, government initiatives, growth in number of IOT devices, increasing availability of mobile devices, increasing internet penetration. Factors that could hinder the growth of the 5G fixed wireless access market in the future include shortage of skilled professionals and high cost to end consumers.
The 5G fixed wireless access market is segmented by offering into hardware and services. The services market was the largest segment of the 5G fixed wireless access market segmented by offering for 70.6% of the total in 2022. Going forward, the services market is expected to be the fastest growing segment in the 5G fixed wireless access market segmented by offering, at a CAGR of 67.5% during 2022-2027.
The 5G fixed wireless access market is segmented by demography into urban, semi-urban and rural. The semi-urban market was the largest segment of the 5G fixed wireless access market segmented by demography for 45.2% of the total in 2022. Going forward, the semi-urban market is expected to be the fastest growing segment in the 5G fixed wireless access market segmented by demography, at a CAGR of 68.2% during 2022-2027.
The 5G fixed wireless access market is segmented by end-user into residential, commercial, industrial and government. The residential market was the largest segment of the 5G fixed wireless access market segmented by end-user for 57.3% of the total in 2022. Going forward, the residential market is expected to be the fastest growing segment in the 5G fixed wireless access market segmented by end-user, at a CAGR of 68.1% during 2022-2027.
Asia Pacific was the largest region in the 5G fixed wireless access market, accounting for 55.2% of the total in 2022. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the 5G fixed wireless access market will be North America, and, Western Europe where growth will be at CAGRs of 21.6% and 13.8% respectively. These will be followed by Middle East, and, South America where the markets are expected to grow at CAGRs of 3.6% and 2.9% respectively.
The global 5G Fixed Wireless Access market is concentrated, with a few large players. The top ten competitors in the market made up to 82.12% of the total market in 2021. This can be due to the existence of number of local players in the market serving customers in particular geographies. The Telefonaktiebolaget LM Ericsson was the largest competitor with 23.54% share of the market, followed by Nokia Corporation with 16.76%, Qualcomm Technologies with 13.16%, Samsung Electronics with 9.68%, Intel Corporation with 6.29%, Cisco Systems, Inc. with 5.50%, Huawei Technologies with 4.67%, Siklu Communication Ltd. with 2.04%, Mimosa Networks Inc with 0.25% and CableFree with 0.24%.
The top opportunities in the 5G fixed wireless access market segmented by offering will arise in the services segment, which will gain $26,417.1 million of global annual sales by 2027. The top opportunities in segment by demography will arise in the semi-urban segment, which will gain $17,317.4 million of global annual sales by 2027. The top opportunities in segment by end-user will arise in the residential segment, which will gain $21,823.6 million of global annual sales by 2027. The 5G fixed wireless access market size will gain the most in the China at $8,050.9 million.
Market-trend-based strategies for the 5G fixed wireless access market include new product innovations, software- as-a-service, new technological advancements, developing 5G radio technology, and partnerships and collaborations.
Player-adopted strategies in the aesthetic medicine market include business expansion, securing new contracts, new product launches, and strategic collaborations.
To take advantage of the opportunities, the publisher recommends the 5G fixed wireless access companies to focus on product innovations, invest in 5G radio technology, focus on technological advancement, expand in emerging markets, focus on partnerships and collaborations, continue to use business-to-business (B2B) promotions, focus on smart homes, continue to target fast-growing end-users and target semi-urban and rural demography.
The 5G fixed wireless access market reached a value of nearly $3,072.24 million in 2022, having grown at a compound annual growth rate (CAGR) of 29.2% since 2020. The market is expected to grow from $3,072.24 million in 2022 to $40,287.19 million in 2027 at a rate 67.3%. The market is then expected to grow at a CAGR of 6.3% from 2027 and reach $54,718.47 million in 2032.
Growth in the historic period resulted from increasing adoption of 5G networks, increasing number of internet users, increasing wireless technology and strong economic growth in emerging markets.
Going forward, increasing smart homes, government initiatives, growth in number of IOT devices, increasing availability of mobile devices, increasing internet penetration. Factors that could hinder the growth of the 5G fixed wireless access market in the future include shortage of skilled professionals and high cost to end consumers.
The 5G fixed wireless access market is segmented by offering into hardware and services. The services market was the largest segment of the 5G fixed wireless access market segmented by offering for 70.6% of the total in 2022. Going forward, the services market is expected to be the fastest growing segment in the 5G fixed wireless access market segmented by offering, at a CAGR of 67.5% during 2022-2027.
The 5G fixed wireless access market is segmented by demography into urban, semi-urban and rural. The semi-urban market was the largest segment of the 5G fixed wireless access market segmented by demography for 45.2% of the total in 2022. Going forward, the semi-urban market is expected to be the fastest growing segment in the 5G fixed wireless access market segmented by demography, at a CAGR of 68.2% during 2022-2027.
The 5G fixed wireless access market is segmented by end-user into residential, commercial, industrial and government. The residential market was the largest segment of the 5G fixed wireless access market segmented by end-user for 57.3% of the total in 2022. Going forward, the residential market is expected to be the fastest growing segment in the 5G fixed wireless access market segmented by end-user, at a CAGR of 68.1% during 2022-2027.
Asia Pacific was the largest region in the 5G fixed wireless access market, accounting for 55.2% of the total in 2022. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the 5G fixed wireless access market will be North America, and, Western Europe where growth will be at CAGRs of 21.6% and 13.8% respectively. These will be followed by Middle East, and, South America where the markets are expected to grow at CAGRs of 3.6% and 2.9% respectively.
The global 5G Fixed Wireless Access market is concentrated, with a few large players. The top ten competitors in the market made up to 82.12% of the total market in 2021. This can be due to the existence of number of local players in the market serving customers in particular geographies. The Telefonaktiebolaget LM Ericsson was the largest competitor with 23.54% share of the market, followed by Nokia Corporation with 16.76%, Qualcomm Technologies with 13.16%, Samsung Electronics with 9.68%, Intel Corporation with 6.29%, Cisco Systems, Inc. with 5.50%, Huawei Technologies with 4.67%, Siklu Communication Ltd. with 2.04%, Mimosa Networks Inc with 0.25% and CableFree with 0.24%.
The top opportunities in the 5G fixed wireless access market segmented by offering will arise in the services segment, which will gain $26,417.1 million of global annual sales by 2027. The top opportunities in segment by demography will arise in the semi-urban segment, which will gain $17,317.4 million of global annual sales by 2027. The top opportunities in segment by end-user will arise in the residential segment, which will gain $21,823.6 million of global annual sales by 2027. The 5G fixed wireless access market size will gain the most in the China at $8,050.9 million.
Market-trend-based strategies for the 5G fixed wireless access market include new product innovations, software- as-a-service, new technological advancements, developing 5G radio technology, and partnerships and collaborations.
Player-adopted strategies in the aesthetic medicine market include business expansion, securing new contracts, new product launches, and strategic collaborations.
To take advantage of the opportunities, the publisher recommends the 5G fixed wireless access companies to focus on product innovations, invest in 5G radio technology, focus on technological advancement, expand in emerging markets, focus on partnerships and collaborations, continue to use business-to-business (B2B) promotions, focus on smart homes, continue to target fast-growing end-users and target semi-urban and rural demography.
Table of Contents
1. Executive Summary2. Table Of Contents3. List Of Figures4. List Of Tables5. Report Structure18. Competitive Landscape And Company Profiles
6. Introduction and Market Characteristics
7. Major Market Trends
8. Global Market Size and Growth
9. Global 5G Fixed Wireless Access Market Segmentation
10. 5G Fixed Wireless Access Market, Regional and Country Analysis
11. Asia-Pacific Market
12. Western Europe Market
13. Eastern Europe Market
14. North America Market
15. South America Market
16. Middle East Market
17. Africa Market
19. Company Profiles
20. Key Mergers and Acquisitions
21. Opportunities And Strategies
22. 5G Fixed Wireless Access Market, Conclusions And Recommendations
23. Appendix
Executive Summary
5G Fixed Wireless Access Global Market Opportunities And Strategies To 2032 provides the strategists; marketers and senior management with the critical information they need to assess the global 5G fixed wireless access market as it emerges from the COVID 19 shut down.Reasons to Purchase
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Description:
Where is the largest and fastest-growing market for 5G fixed wireless access? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The 5G fixed wireless access market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider 5G fixed wireless access market; and compares it with other markets.
The report covers the following chapters
Executive Summary
- The executive summary section of the report gives a brief overview and summary of the report
Introduction and Market Characteristics
- Brief introduction to the segmentations covered in the market, definitions and explanations about the 5G fixed wireless access market.
Key Trends
- Highlights the major trends shaping the global 5G fixed wireless access market. This section also highlights likely future developments in the market.
Global Market Size and Growth
- Global historic (2017-2022) and forecast (2022-2027), and (2027-2032) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
Regional Analysis
- Historic (2017-2022) and forecast (2022-2027), and (2027-2032) market values and growth and market share comparison by region.
Market Segmentation
- Contains the market values (2017-2032) and analysis for each segment by offering, by demography and by end-user in the market.
Regional Market Size and Growth
- Regional market size (2022), historic (2017-2022) and forecast (2022-2027), and (2027-2032) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
Competitive Landscape
- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
Key Mergers and Acquisitions
- Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
Market Opportunities And Strategies
- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
Conclusions And Recommendations
- This section Includes recommendations for 5G fixed wireless access providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
Appendix
- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Scope
Markets Covered:
1) By Offering: Hardware; Services2) By Demography: Urban; Semi-Urban; Rural
3) By End User: Residential; Commercial; Industrial; Government
Companies Mentioned: Telefonaktiebolaget LM Ericsson; Nokia Corporation; Qualcomm Technologies; Samsung Electronics; Intel Corporation
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time-series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; 5G fixed wireless access indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
- Telefonaktiebolaget LM Ericsson
- Nokia Corporation
- Qualcomm Technologies
- Samsung Electronics
- Intel Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 299 |
Published | March 2023 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 3072.2 Million |
Forecasted Market Value ( USD | $ 54718.5 Million |
Compound Annual Growth Rate | 33.4% |
Regions Covered | Global |
No. of Companies Mentioned | 5 |