5G Fixed Wireless Access Market (By Offering: Hardware, Services; By Operating Frequency; By Demography; By Application) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2023-2032

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.

5G Fixed Wireless Access Market Size 2023 to 2032

Key Pointers

  • The services segment dominated the market in 2022 and accounted for more than 64.02% share of the global revenue.
  • The hardware segment is projected to witness remarkable growth over the forecast period.
  • The Sub-6 GHz segment dominated the market in 2022 and accounted for more than 49.06% share of the global revenue.
  • The 24-39 GHz segment is anticipated to emerge as the fastest-growing segment over the forecast period.
  • The urban segment dominated the market in 2022 and accounted for more than 55.04% share of the global revenue.
  • The semi-urban segment is projected to exhibit the highest CAGR over the forecast period.
  • The residential segment dominated the market in 2022 and accounted for more than 34.1% share of the global revenue.
  • The commercial segment is expected to rise significantly over the forecast period.
  • North America dominated the market in 2022 and accounted for more than 28.08% share of the global revenue.
  • The Asia Pacific segment is anticipated to emerge as the fastest-growing segment over the forecast period.

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

  • Hardware
    • Customer Premises Equipment (CPE)
      • Indoor CPE
      • Outdoor CPE
    • Access Units
      • Femto Cells
      • Pico Cells
  • Services

By Operating Frequency

  • Sub-6 GHz
  • 24-39 GHz
  • Above 39 GHz

By Demography

  • Urban
  • Semi-Urban
  • Rural

By Application

  • Residential
  • Commercial
  • Industrial
    • Oil & Gas
    • Mining
    • Utility
    • Others
  • Government

Frequently Asked Questions

The global 5G fixed wireless access market size was reached at USD 23.8 billion in 2022 and it is projected to hit around USD 684.99 billion by 2032.

The global 5G fixed wireless access market is growing at a compound annual growth rate (CAGR) of 39.93% from 2023 to 2032.

The North America region has accounted for the largest 5G fixed wireless access market share in 2022.

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

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