Global 5G Fixed Wireless Access Market Size, Forecasts, And Opportunities
Learn about the global 5G fixed wireless access market through The Business Research Company, which provides information on 5G fixed wireless access market size, 5G fixed wireless access market drivers and restraints, 5G fixed wireless access market players, the COVID-19 impact on the 5G fixed wireless access market, and more.
The global 5G fixed wireless access market is expected to grow from $538.9 million in 2020 to $1,092.26 million in 2021 at a compound annual growth rate (CAGR) of 102.7%. The change in growth trend of the 5G fixed wireless access market is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The 5G fixed wireless access market is expected to reach $23,108.05 million in 2025 at a CAGR of 114.5%.
The increasing adoption of 5G networks is expected to drive innovation in 5G fixed wireless access, thus driving the market during the forecast period.
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The 5G fixed wireless access market consist of sales of 5G fixed wireless access hardware and services by entities (organizations, sole traders, and partnerships) that have the potential to provide service bandwidth capacity on the level with fiber optics. Fixed Wireless Access (FWA) enables network providers to provide ultra-high-speed connectivity to suburban and rural areas, serving home and business installations where laying and maintaining fiber is prohibitively costly.
Global 5G fixed wireless access market segments include:
By Offering: Hardware, Services
By Demography: Urban, Semi-Urban, Rural
By End-User: Residential, Commercial, Industrial, Government
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the 5G fixed wireless access market in 2020.
Technological innovations are shaping the 5G fixed wireless access market. Major companies operating in the 5G fixed wireless access sector are focused on developing technological solutions for 5G fixed wireless access.
TBRC’s 5G fixed wireless access market report covers:
Major Market Players: Samsung Electronics, AT&T Inc, Huawei Technologies Co. Ltd, Qualcomm Technologies, Verizon Communications Inc., Nokia Corporation, Siklu Communication Ltd., Mimosa Networks Inc, Ericsson, Cohere Technologies Inc., Arqiva, Cellular South Inc., Hrvatski Telekom, Orange S.A., Telefonica S.A., Telus Corporation, United States Cellular Corporation, Vodafone, Inseego, and CableFree.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The 5G Fixed Wireless Access Global Market Report 2021: COVID-19 Implications And Growth to 2030 is one of a series of new reports from The Business Research Company that provides 5G fixed wireless access market overviews, analyzes and forecasts market size, share, 5G fixed wireless access market players, 5G fixed wireless access market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s 5G fixed wireless access market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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