5G Fixed Wireless Access (FWA) Market - Global Industry Forecast to 2029


Report - ID620371 | 06 February, 2020 | Semiconductor and Electronics | 100 pages | Report Type (Global) | Publisher Name - RFM

Offering (Hardware, Services) Demography (Urban, Semi-Urban, Rural) Application (Internet of Things (IOT), Broadband Internet, Pay TV, Others) End-User (Residential, Commercial, Industrial, Government), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Market Analysis:

5G Fixed Wireless Access (FWA) Market is expected to reach USD 562.60 billion by 2029 in the forecasted period of 2020-2029 with a substantial CAGR of 93.46% the growing demand for high-speed internet connectivity and broad network coverage with reduced latency and power consumption are boosting the growth of the 5G fixed wireless access (FWA) markets in forecasted period.

A number of major factors driving demand for the 5G fixed wireless access (FWA) market are the growing use of advanced technologies such as Machine-to-Machine (M2 M) / Internet of Things in 5 G FWA, with an Internet of Things (IOT). The expansion of this sector is nevertheless projected to be constrained by slow decision-making with respect to uniform spectrum assignments, rising infrastructural costs and adverse environmental impacts.

Market Definition:

Fixed wireless access (FWA) is the mechanism through which a transmitted network or internet is accessible over a fixed wireless network. It is a form of broadband data communication between fixed locations linked by fixed wireless access systems and devices.  The main function of fixed wireless connectivity is that two fixed sites must be connected directly. Organizations have historically used leased lines or cables to connect two locations. Fixed wireless access particularly in densely populated areas, is a cheaper solution. The fixed wireless diffusion system is normally hoisted at building roofs at both locations so that data is transmitted without interference. Every Fixed wireless access system is designed for better visual acquisition or is in the same direction. In addition, fixed wireless access can be applied in multi-point and multi-point communication modes, apart from linking one-to - one location.

5G Fixed Wireless Access (FWA) Market Scope and Market Size

5G Fixed Wireless Access (FWA) Market has been segmented on the basis offering, demography, application, end-user.

  • On the basis of offering, the 5G Fixed Wireless Access (FWA) Market is segmented into hardware and services. Hardware is further segmented into customer premises equipment devices, access units. In the offering segment the service sub-segment is expected to hold the largest share of the 5G Fixed Wireless Access (FWA) Market in the forecasted period. Increased use of connected devices like Smartphones, laptops and smart devices is estimated to create a demand for 5 G FWA services in numerous commercial and residential applications including distancing, autonomous driving, multi-user gaming, video conferencing, live streaming and telemedicine.
  • Based on demography, 5G Fixed Wireless Access (FWA) Market is segmented into Urban, Semi-Urban, Rural. In the demography segment the Semi-Urban sub-segment is expected to hold the largest share of the 5G Fixed Wireless Access (FWA) Market in the forecasted period. For instance, the higher frequency would be used in suburban areas and urban areas while rural areas can use lower FWA frequencies. Initially, the semi-urban areas will dominate this market for the first few years, which can be seen in rural areas as having a major impact from the FWA. This 5 G FWA could be a game change for semi-urban customers with high power transmission / reception and advanced antenna technology.
  • Basis of application, 5G Fixed Wireless Access (FWA) Market is segmented into Internet of Things (IOT), Broadband Internet, Pay TV, Others.

  • Based on end user the 5G Fixed Wireless Access (FWA) Market is segmented into residential, commercial, industrial, government. In the segment of end user the residential sub-segment is expected to hold major market share in the forecasted period. The 5G fixed wireless accesses is the alternate solution for the peopled customer for the high-speed internet and maximum bandwidth without extra cost and installation process.

Country Level Analysis of 5G Fixed Wireless Access (FWA) Market

  • On the basis of region, the 5G Fixed Wireless Access (FWA) Market is segmented into North America and South America, Asia Pacific, Europe and Middle East and Africa.
  • Countries covered under North and South America region are Canada, Mexico, Brazil, Rest of Americas, along with Germany, France, United Kingdom, Italy, Spain, Rest of Europe covered under Europe region and Japan, China, India, Australia, Rest of Asia-Pacific covered under Asia-Pacific region.
  • In the region, North America is expected to hold the largest market share of the global 5G Fixed Wireless Access (FWA) market during the forecast period. The United States is recognized as the rising user base in North America, and the introduction of new subscribers is expected to follow a similar trend. It should improve on-demand video content with a robust 5G rollout in North America. The demand for these facilities is constantly growing in the current scenario. Organizations including AT&T (United States) and Verizon (US) dominate the wireless market, but these two companies want to diversify their company from traditional mobile services to compete better digitally.
  • The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands impact of sales channels are considered while provided forecast analysis of the country data.

Key Developments in the Market:

  • In January 2020, PIVOTAL COMMWARE,  announce the Echo 5 G is a commercial shipping company that uses the 28GHz Pivotal Echo 5 G subscriber repeaters to its 5 G mobile network service in the United States. The Echo 5 G, a cell networking provider in the United States, is using holographic beam shape technology (HBF) in order to deliver its 5 G mm Wave pledge. The company focused on 5 G millimetre-wave devices, networks and implementations.
  • In January 2020, Airgain, Inc., announced the launch of 5 G mm wave beamforming antenna in the market. The clear antenna can be fastened on 5 G FR2 frequencies from 24 GHz to 40 GHz and can be used in up to 64 components for rays. Combining small transmission losses in wavelengths (mm waves) with high demands in 5 G NR (New Radio) networks is critical for improved spectral efficiency and a cost-effective, robust 5 G coverage.

Competitive Analysis and 5G Fixed Wireless Access (FWA) Market Share Analysis:

5G Fixed Wireless Access (FWA) Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of 5G Fixed Wireless Access (FWA) Market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

5G Fixed Wireless Access (FWA) Market competitive landscape provides details by competitors. Details included are company overview which includes Company focus, business segment, product categories, revenue generated, and global presence. 5G Fixed Wireless Access (FWA) Market report also provides information on recent financials and R&D expenditures over the years from 2020 to 2029.

Key Market Competitors:

Few of the major competitors currently working in the 5G Fixed Wireless Access (FWA) Market are AT&T Intellectual Property, Baylin Technologies, Telefonaktiebolaget LM Ericsson, Facebook ,   Filtronic plc, FUJITSU, Alphabet Inc.,  IBM Corporation, Intel Corporation, NEC Corporation, Nokia , Qualcomm Technologies, Inc., SAMSUNG , Verizon, ZTE Corporationand many others.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved
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