5G Fixed Wireless Access (FWA) Market size was over USD 30.72 billion in 2023 and is likely to reach USD 2.32 trillion by the end of 2036, growing at around 39.5% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of 5G fixed wireless access is assessed at USD 40.43 billion.
The 5G fixed wireless access market has been witnessing significant growth worldwide. The growth is attributed to factors such as increased demand for high-speed internet connections and the growing adoption of advanced technologies such as the smart gadgets, Internet of Things (IoT) and millimeter-wave in 5G FWA. Furthermore, the rise in the adoption of connected devices and internet penetration, such as smartphones, laptops, smart devices, for commercial and residential applications is also expected to drive market growth.
Author Credits: Abhishek Verma
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