The global 5G fixed wireless access market size was estimated at around USD 23.8 billion in 2022 and it is projected to hit around USD 684.99 billion by 2032, growing at a CAGR of 39.93% from 2023 to 2032.
Key Pointers
Report Scope of the 5G Fixed Wireless Access Market
Report Coverage | Details |
Market Size in 2022 | USD 23.8 billion |
Revenue Forecast by 2032 | USD 684.99 billion |
Growth rate from 2023 to 2032 | CAGR of 39.93% |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Covered | Huawei Technologies Co., Ltd.; Telefonaktiebolaget LM Ericsson; Nokia; Samsung; Inseego Corp.; Qualcomm Technologies, Inc; Intel Corporation; MediaTek Inc.; COMMSCOPE; Verizon Communications Inc. |
The rising need for high-speed internet access, as well as the increased usage of innovative technologies such as the millimeter-wave and Internet of Things (IoT) in 5G fixed wireless access (FWA), are driving the market growth. 5G FWA technology uses the capabilities of 5G networks to offer high-speed internet services to households and businesses without the need for physical fiber connections. At the same time, the trend toward remote work and online learning is likely to boost the demand for high-speed internet access. This is projected to fuel additional expansion in the 5G FWA market as solution providers continue to explore cost-effective solutions to address the rising demand for high-speed internet access.
Numerous 5G FWA access solution providers are focusing on releasing advanced solutions to accommodate the rising demand from various consumers globally. For instance, in January 2023, Mavenir, a telecommunications software company, launched its Fixed Wireless Access (FWA) solution that supports 5G Non-Standalone (NSA), 5G Standalone (SA), and 4G deployments. Mavenir stated that its FWA system also supports massive Multiple Input Multiple Output (MIMO) radio technology and 5G millimeter-wave (mmWave) frequency bands. According to Mavenir, several clients, including RINA Wireless, 360 Communications, and Triangle Communications in the U.S., have implemented their FWA solution.
The expansion of 5G coverage is expected to drive the growth of the 5G FWA market. With the advent of 5G technology, FWA has become a popular option for delivering high-speed internet to homes and businesses in areas where fiber or cable infrastructure is limited. With 5G, wireless connectivity can be delivered at gigabit speeds, making it a viable alternative for wired broadband services. As 5G networks continue to expand and reach more users there will be an increase in the adoption of the 5G FWA technology, particularly in areas where wired infrastructure is limited or non-existent.
Private networks are becoming increasingly crucial for enterprises that need to ensure secure and reliable connectivity. With 5G FWA, enterprises can set up private networks that are not reliant on wired infrastructure, making them more flexible and easier to deploy. As a result, it is expected that there will be an increase in the adoption of 5G FWA for private networks, particularly in industries like manufacturing, logistics, and energy. Moreover, the integration of 5G FWA with edge computing is also expected to revolutionize industries like healthcare, manufacturing, and transportation and create new use cases for smart cities and homes.
The growth of the Internet of Things (IoT) and smart home devices also drives demand for high-speed broadband connectivity, thereby contributing to market growth. With 5G FWA, devices can be connected directly to the internet and communicate with each other in real time without the need for a wired connection. This creates a more connected and efficient home environment, where devices can communicate with each other to automate tasks and improve the user experience. Service providers are developing specialized 5G FWA packages for IoT and smart home devices to meet the unique needs of these markets.
5G Fixed Wireless Access Market Segmentations:
By Offering
By Operating Frequency
By Demography
By Application
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on 5G Fixed Wireless Access Market
5.1. COVID-19 Landscape: 5G Fixed Wireless Access Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global 5G Fixed Wireless Access Market, By Offering
8.1. 5G Fixed Wireless Access Market, by Offering, 2023-2032
8.1.1. Hardware
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Services
8.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global 5G Fixed Wireless Access Market, By Operating Frequency
9.1. 5G Fixed Wireless Access Market, by Operating Frequency, 2023-2032
9.1.1. Sub-6 GHz
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. 24-39 GHz
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Above 39 GHz
9.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global 5G Fixed Wireless Access Market, By Demography
10.1. 5G Fixed Wireless Access Market, by Demography, 2023-2032
10.1.1. Urban
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Semi-Urban
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Rural
10.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global 5G Fixed Wireless Access Market, By Application
11.1. 5G Fixed Wireless Access Market, by Application, 2023-2032
11.1.1. Residential
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. Commercial
11.1.2.1. Market Revenue and Forecast (2020-2032)
11.1.3. Industrial
11.1.3.1. Market Revenue and Forecast (2020-2032)
11.1.4. Government
11.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global 5G Fixed Wireless Access Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Offering (2020-2032)
12.1.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.1.3. Market Revenue and Forecast, by Demography (2020-2032)
12.1.4. Market Revenue and Forecast, by Application (2020-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Offering (2020-2032)
12.1.5.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.1.5.3. Market Revenue and Forecast, by Demography (2020-2032)
12.1.5.4. Market Revenue and Forecast, by Application (2020-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Offering (2020-2032)
12.1.6.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.1.6.3. Market Revenue and Forecast, by Demography (2020-2032)
12.1.6.4. Market Revenue and Forecast, by Application (2020-2032)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Offering (2020-2032)
12.2.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.2.3. Market Revenue and Forecast, by Demography (2020-2032)
12.2.4. Market Revenue and Forecast, by Application (2020-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Offering (2020-2032)
12.2.5.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.2.5.3. Market Revenue and Forecast, by Demography (2020-2032)
12.2.5.4. Market Revenue and Forecast, by Application (2020-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Offering (2020-2032)
12.2.6.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.2.6.3. Market Revenue and Forecast, by Demography (2020-2032)
12.2.6.4. Market Revenue and Forecast, by Application (2020-2032)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Offering (2020-2032)
12.2.7.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.2.7.3. Market Revenue and Forecast, by Demography (2020-2032)
12.2.7.4. Market Revenue and Forecast, by Application (2020-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Offering (2020-2032)
12.2.8.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.2.8.3. Market Revenue and Forecast, by Demography (2020-2032)
12.2.8.4. Market Revenue and Forecast, by Application (2020-2032)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Offering (2020-2032)
12.3.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.3.3. Market Revenue and Forecast, by Demography (2020-2032)
12.3.4. Market Revenue and Forecast, by Application (2020-2032)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Offering (2020-2032)
12.3.5.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.3.5.3. Market Revenue and Forecast, by Demography (2020-2032)
12.3.5.4. Market Revenue and Forecast, by Application (2020-2032)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Offering (2020-2032)
12.3.6.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.3.6.3. Market Revenue and Forecast, by Demography (2020-2032)
12.3.6.4. Market Revenue and Forecast, by Application (2020-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Offering (2020-2032)
12.3.7.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.3.7.3. Market Revenue and Forecast, by Demography (2020-2032)
12.3.7.4. Market Revenue and Forecast, by Application (2020-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Offering (2020-2032)
12.3.8.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.3.8.3. Market Revenue and Forecast, by Demography (2020-2032)
12.3.8.4. Market Revenue and Forecast, by Application (2020-2032)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Offering (2020-2032)
12.4.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.4.3. Market Revenue and Forecast, by Demography (2020-2032)
12.4.4. Market Revenue and Forecast, by Application (2020-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Offering (2020-2032)
12.4.5.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.4.5.3. Market Revenue and Forecast, by Demography (2020-2032)
12.4.5.4. Market Revenue and Forecast, by Application (2020-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Offering (2020-2032)
12.4.6.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.4.6.3. Market Revenue and Forecast, by Demography (2020-2032)
12.4.6.4. Market Revenue and Forecast, by Application (2020-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Offering (2020-2032)
12.4.7.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.4.7.3. Market Revenue and Forecast, by Demography (2020-2032)
12.4.7.4. Market Revenue and Forecast, by Application (2020-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Offering (2020-2032)
12.4.8.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.4.8.3. Market Revenue and Forecast, by Demography (2020-2032)
12.4.8.4. Market Revenue and Forecast, by Application (2020-2032)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Offering (2020-2032)
12.5.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.5.3. Market Revenue and Forecast, by Demography (2020-2032)
12.5.4. Market Revenue and Forecast, by Application (2020-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Offering (2020-2032)
12.5.5.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.5.5.3. Market Revenue and Forecast, by Demography (2020-2032)
12.5.5.4. Market Revenue and Forecast, by Application (2020-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Offering (2020-2032)
12.5.6.2. Market Revenue and Forecast, by Operating Frequency (2020-2032)
12.5.6.3. Market Revenue and Forecast, by Demography (2020-2032)
12.5.6.4. Market Revenue and Forecast, by Application (2020-2032)
Chapter 13. Company Profiles
13.1. Huawei Technologies Co., Ltd.
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Telefonaktiebolaget LM Ericsson
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Nokia
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Samsung
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Inseego Corp.
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Qualcomm Technologies, Inc
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Intel Corporation
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. MediaTek Inc.
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. COMMSCOPE
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Verizon Communications Inc.
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms