Global 5G Fixed Wireless Access Market is Estimated to Value Over USD 43 Billion by 2026 end and register a CAGR of over 85% from 2019 to 2026.
The demand for high-speed internet with zero or low latency and adoption of IoT technology are the major driving factors for this market. Nevertheless, there are some factors that restrain the market growth like high infrastructural costs, delay in the decision-making regarding the standardization of spectrum allocation and the severe impact on the environment due to the emergence of this technology.
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Insights on Global 5G Fixed Wireless Access Market:
1. By Region
• North America
• Asia Pacific
• Latin America
North America is predicted to dominate this market as the U.S and Canada are envisioned to adopt 5G Fixed Wireless Access (FWA) solutions are a rapid rate. North American region has heavily invested in research and development of 5G technology. Additionally, many key market players are present in this region and such crucial factors will certainly strengthen their market position during the forecast period. With the addition of new subscribers, the market in this region will grow more rapidly.
- By Demography
FWA could solve the problem of network complexities associated with high-rise buildings and high costing civil projects in semi-urban and urban areas. They will smoothly replace the seasoned wireline infrastructure especially in the semi-urban area where there is scope for deploying before-mentioned systems considering the space scarcity in the urban region.
- By Application
Residential segment has a positive scope for market growth as this is a huge consumer base especially for the telecommunication industry and by providing high-speed internet through 5G FWA technology, they can entice new subscribers to join their services and thus help the market grow further.
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• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
Siklu Inc. launched SmartHaul Wireless Network Design (WiNDE) in April 2018. It automates complex millimetre wave network design in order to accelerate time to deployment. WiNDE is utilised in SaaS applications like range estimator tool and financial analysis calculator.
Orange positioned a 5G FWA network with Cisco and Samsung. They registered some customers in Floresti city of Romania for testing operation and setup along with applications like video streaming, remote access to work and gaming. Samsung supplied 5G radio access units, virtualized RAN, 5G radio frequency services and multiple outdoor and indoor 5G routers. Cisco supplied its gateway platform with 5G virtual packet core in addition to NFV infrastructure. Samsung and Cisco are being partners since 2017 for testing 5G interoperability. This partnership will help Samsung and Cisco establish its market position.
Key Market Players:
• Qualcomm Technologies
• Nokia Corp.
• Samsung Electronics
• Verizon Communications Inc.
• Orange S.A
• Siklu Inc.
• Hrvatski Telekom
FutureWise Key Takeaways:
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global 5G fixed wireless access market by region, by demography, by application
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific and Latin America
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
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