WILMINGTON, Del., Sept. 28, 2023 (Globe Newswire) — According to a market report. global 5G Fixed Wireless Access (FWA) market The market size is estimated to be 26.8 billion USD in 2022 and is expected to grow significantly CAGR of over 38.6% According to the latest market report, over the forecast period 2023-2030 RationalStat
Market Definition, Market Scope and Report Overview
5G FWA has the ability to provide ultra-fast internet connections at speeds that can compete with, if not exceed, standard wired broadband connections. Demand for high-speed Internet connectivity is increasing around the world as more people use the Internet for business, education, entertainment, and communication.
The need for high-speed internet connectivity, especially in underserved areas, and the ability to adapt to future technologies, low latency, and the competitive environment of the telecommunications industry are driving the global expansion of the 5G fixed wireless access (FWA) market. I am.
- A detailed market assessment by RationalStat analyzes the global 5G fixed wireless access (FWA) market. Based on market segments such as offerings, operating frequencies, demographics, applications, and geography/regions. (Includes North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, Asia Pacific). The report also provides global and regional market size for historical period 2019-2022 and forecast period 2023-2030.
- Market intelligence of the global 5G fixed wireless access (FWA) market provides market size based on market value (USD/million euros) and volume (units) for different products/services/equipment, demand assessment across key regions , covers customers. Sentiment, price points, cost structure, profit margin analysis across the value chain, financial assessments, historical and forecast data, key trends across the industry, import/export data, trade overview, parts market by leading companies, etc.
- Additionally, long-term sector and product/service 10-year outlook and impact on the global 5G fixed wireless access (FWA) market. It also includes the current state of the industry – production levels, capacity utilization, technology indices, etc.Important information includes country-wise manufacturing capacity, installed base, import volume, market size, key players, market size, dynamics, market data, insights, etc.
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global 5G Fixed Wireless Access (FWA) Market: Segment and Market Share Analysis
- Based on offerings, the services segment is expected to lead the market in 2023, accounting for over 64% of the global revenue, due to the global upgrade of mobile communication networks.
- Based on operating frequency, the sub-6 GHz category led the market in 2023, accounting for over 49% of global sales. The sub-6 GHz operating frequency offers the potential for wider coverage of obstacles such as buildings and walls.
- Based on demographic trends, urban areas led the market in 2022, accounting for over 55% of global sales. Some variables include the growing demand for high-speed broadband and the increasing adoption of smart city initiatives.
|Base year market size||26.8 billion USD|
|Market size forecast||$189.7 billion|
|Key market drivers||
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Competitive analysis and market structure
These players are adopting various strategies to strengthen their market share and gain competitive edge over other competitors in the market. Mergers and acquisitions, partnerships and collaborations, and product launches are some of the strategies adopted by industry players. Some of the key developments in the global 5G fixed wireless access (FWA) market include:
- In November 2022, Australia’s leading network operator, NBN, partnered with Ericsson to improve the country’s FWA infrastructure. As a result of the partnership, Ericsson becomes the sole supplier of 4G and 5G radio access and microwave transmission solutions.
- In November 2022, Vodafone announced the availability of 5G FWA services for Spanish homes and businesses. The company says its 5G network will be available in 1,000 towns across Spain.
Some of the prominent players and suppliers operating and contributing significantly to the growth of the global 5G fixed wireless access (FWA) market include: Huawei Technologies Co., Ltd., Telefonaktiebolaget LM Ericsson, Nokia, Samsung, Inseego Corp., Qualcomm Technologies, Inc., Intel Corporation, MediaTek Inc., COMMSCOPE, and Verizon Communications Inc., Among other things.
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RationalStat segmented global 5G Fixed Wireless Access (FWA) Market based on product, operating frequency, demographics, application, and region
- global 5G Fixed Wireless Access (FWA) market Analysis of value (USD million), volume (units), and market share (2019-2030) by offering
- Customer Premise Equipment (CPE)
- access unit
- global 5G Fixed Wireless Access (FWA) market Analysis of Value (USD Million), Volume (Units), and Market Share (2019-2030) by Operating Frequency
- Sub 6GHz
- 39GHz or higher
- global 5G Fixed Wireless Access (FWA) market Analysis of Value (USD Million), Volume (Units), and Market Share (2019-2030) by Demographics
- global 5G Fixed Wireless Access (FWA) market Analysis of Value (USD Million), Volume (Units), and Market Share (2019-2030) by Application
- oil gas
- global 5G Fixed Wireless Access (FWA) market Value (USD Million), Volume (Units), and Market Share (2019-2030) Analysis by Regions
- North America 5G fixed wireless access (FWA) market
- Latin America 5G Fixed Wireless Access (FWA) Market
- Rest of Latin America
- Western Europe 5G Fixed Wireless Access (FWA) Market
- Benelux three countries
- rest of western europe
- Eastern Europe 5G Fixed Wireless Access (FWA) Market
- Other CIS countries
- Rest of Eastern Europe
- Asia Pacific 5G Fixed Wireless Access (FWA) Market
- South Korea
- sea bream
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East and Africa 5G Fixed Wireless Access (FWA) Market
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- The rest of GCC
- South Africa
- rest of the Middle East and Africa
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Answers to key questions 5G Fixed Wireless Access (FWA) report:
- What will be the market value of the global 5G fixed wireless access (FWA) market by 2030?
- What is the market size of the global 5G fixed wireless access (FWA) market?
- What are the market drivers of the global 5G fixed wireless access (FWA) market?
- What are the key trends in the global 5G Fixed Wireless Access (FWA) market?
- Which region is leading in the global 5G fixed wireless access (FWA) market?
- Who are the key players operating in the global 5G Fixed Wireless Access (FWA) market?
- What is the market share by key segments in the global 5G Fixed Wireless Access (FWA) market?
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