5G Fixed Wireless Access (FWA) Market
5G Fixed Wireless Access (FWA) Market Global Industry Assessment & Forecast
#
Pages:
142
2021
Nov - 2021
VMR-2021-0785
Segments Covered
By
Product Access Units & CPE, Services, Other
-
By
Application Residential
Commercial
Industrial
Government
Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
277 Million |
 Revenue 2028:
|
150 Billion |
 Revenue CAGR
(2021 - 2028): |
135% |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Product Analysis: Preview On the basis of Product,
the market is segmented into Access Units & CPE, Services, Other,. Services held the
highest share in 2020 and is expected to grow at a significant rate over the
forecast period. This is attributed to the rising demand for the Services
in developing countries such as China and India. Digitalization in Asia Pacific
region has led to a surge in the usage of technology in various business
processes over the past few years. Rising adoption of online platforms across
various sectors along with analytical solutions, IoT, AI, and Blockchain
technology to gain a competitive advantage is also paving the way for the 5G Fixed Wireless Access (FWA)
market growth. Application
Analysis: Preview
Based on Application,
the market is segmented into Residential
Commercial
Industrial
Government
Others. Commercial held the
largest share and is projected to grow at a notable CAGR over the coming years.
Rising demand for 5G Fixed Wireless Access (FWA) in various countries
such as the U.S., Germany, China, India, and Japan, among others is likely to
support the growth of the market. Numerous companies are focusing on investing
heavily in this application to cater the end user requirements effectively.
Global 5G Fixed Wireless Access (FWA) Market: Product Segment Analysis
-
- Access Units & CPE
- Services
- Other
Global 5G Fixed Wireless Access (FWA) Market: Application Segment Analysis
-
- Residential Commercial Industrial Government Others
FAQ
Frequently Asked Question
What is the global demand for 5G Fixed Wireless Access (FWA) in terms of revenue?
-
The global 5G Fixed Wireless Access (FWA) valued at 277 Million in 2020 and is expected to reach 150 Billion in 2028 growing at a CAGR of 135%%.
Which are the prominent players in the market?
-
The prominent players in the market are Cisco, Verizon Communications Inc., Cohere Technologies Inc., AT&T Inc., Nokia Corporation, Samsung Electronics, Ericsson, Mimosa Networks Inc., Siklu Communication Ltd., Qualcomm Technologies, Huawei..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 135%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the 5G Fixed Wireless Access (FWA) include
- Surged demand for high-speed Internet connectivity and broad network coverage with reduced latency and power consumption created a positive scope for the overall market growth.
- Increased adoption of advanced technologies such as machine-to-machine and internet of things thereby elevating the market growth.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the 5G Fixed Wireless Access (FWA) in 2020.
