5G Fixed Wireless Access Trends and Forecast
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.5G Fixed Wireless Access by Segment
The study includes a forecast for the global 5G fixed wireless access by offering, application, operating frequency, and region.5G Fixed Wireless Access Market by Offering [Shipment Analysis by Value from 2018 to 2030]
- Hardware
- Services
5G Fixed Wireless Access Market by Application [Shipment Analysis by Value from 2018 to 2030]
- Residential
- Commercial
- Industrial
- Government
- Others
5G Fixed Wireless Access Market by Operating Frequency [Shipment Analysis by Value from 2018 to 2030]
- Sub-6 Ghz
- 24-39 Ghz
- Above 39 Ghz
5G Fixed Wireless Access Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of 5G Fixed Wireless Access Companies
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-- Huawei Technologies
- Telefonaktiebolaget LM Ericsson
- Nokia
- Samsung
- Inseego
- Qualcomm Technologies
- Intel Corporation
- MediaTek
- COMMSCOPE
- Verizon Communications
5G Fixed Wireless Access Market Insights
The publisher 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.
Features of the Global 5G Fixed Wireless Access Market
- 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.
FAQ
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:
- Huawei Technologies
- Telefonaktiebolaget LM Ericsson
- Nokia
- Samsung
- Inseego
- Qualcomm Technologies
- Intel Corporation
- MediaTek
- COMMSCOPE
- Verizon Communications
Answer: The publisher 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,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the 5G fixed wireless access market by offering (hardware and services), application (residential, commercial, industrial, government, and others), operating frequency (sub-6 ghz, 24-39 ghz, and above 39 ghz), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
Companies Mentioned
- Huawei Technologies
- Telefonaktiebolaget LM Ericsson
- Nokia
- Samsung
- Inseego
- Qualcomm Technologies
- Intel Corporation
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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