5G Fixed Wireless Access Market Analysis

The market is segmented based on offering into hardware and services, out of which, the services segment is anticipated to grab the largest share by the end of 2021 on account enhanced network performance capabilities and deliver high-speed network coverage compared to currently used connectivity networks. Also, higher implementation of connected devices, such as smartphones, laptops, smart devices, in several commercial and residential applications is also boosting the growth of the market.

Based on application, the market is segmented into residential, commercial and industrial. The commercial segment is estimated to register the highest CAGR during the forecast period in the global 5G fixed wireless access (FWA) market. The growth of the segment can be attributed to the growing number of business and companies all around the globe.

Our in-depth analysis of the global market includes the following segments

By Offering	Hardware Services
By Application	Commercial Residential Industrial

Frequently Asked Questions (FAQ)

Increased adoption of advanced technologies such as machine-to-machine and Internet of Things are the key factors driving market growth.

The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2021-2029.

High infrastructure costs and possibility of revenue reduction for telecommunication companies are estimated to hamper market growth.

The market in Asia Pacific region will provide ample growth opportunities owing to the increasing IT infrastructure and internet penetration in the region.

The major players dominating the 5G fixed wireless access (FWA) market are Nokia, Orange S.A., Qualcomm Technologies and Samsung Electronics among others.

5G Fixed Wireless Access Market Analysis