Global 5G Fixed Wireless Access Market Is Estimated To Secure US$ 121 Billion By 2032

Technology

5G Fixed Wireless Access Market Outlook (2022-2032)

The global 5G fixed wireless access market is estimated to secure US$ 121 Billion by 2032, with a whopping CAGR of 43.6%. The market is projected to hold a market value worth US$ 3.3 Billion in 2022.

The market is expected to garner absolute dollar growth of US$ 117.8 Billion by 2032. Expansion of the market can be attributed to the growing adoption of modern technologies like the Internet of Things (IoT) and machine-to-machine (M2M).

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Key Segments Profiled in the 5G Fixed Wireless Access Market

  • Global 5G Fixed Wireless Access Market by Offering :

    • 5G Fixed Wireless Access Hardware
    • 5G Fixed Wireless Access Services
  • Global 5G Fixed Wireless Access Market by Operating Frequency :

    • SUB-6 GHz 5G Fixed Wireless Access
    • 24 GHz-39 GHz 5G Fixed Wireless Access
    • Above 39 GHz 5G Fixed Wireless Access
  • Global 5G Fixed Wireless Access Market by Demography :

    • 5G Fixed Wireless Access in Urban Demography
    • 5G Fixed Wireless Access in Semi-Urban Demography
    • 5G Fixed Wireless Access in Rural Demography
  • Global 5G Fixed Wireless Access Market by Application :

    • Residential
    • Commercial
    • Industrial
    • Government
  • Global 5G Fixed Wireless Access Market by Region :

    • North America
    • Europe
    • APAC
    • MEA
    • Latin America

Competitive Analysis

Players in the global 5G Fixed-Wireless Access market are taking various initiatives to strengthen their position in the market. Continuous efforts are taken by players to offer unique services. With such efforts, the global market for 5G Fixed Wireless Access is anticipated to be highly competitive. Some recent developments in the region are:

  • In June 2021, Ooredoo and Nokia introduced super-fast and reliable 4G and 5G Fixed Wireless Access throughout Oman.
  • In August 2021, Ericsson announced a partnership with Mediacom Communications to extend broadband in rural America through FWA. The Ericsson RAN solutions allow Mediacom to offer FWA high-speed internet services up to nine miles from each tower location. In return, it will enable Mediacom to cost-effectively offer broadband to thousands of underserved homes in businesses in rural communities.

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