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5G Fixed Wireless Access Market Trends

  • Report ID: 3025
  • Published Date: Sep 25, 2024
  • Report Format: PDF, PPT

5G Fixed Wireless Access Market Trends

Growth Drivers

  • Increased adoption of advanced technologies such as machine-to-machine and internet of things
  • Surged use of millimeter-wave technology in 5G fixed wireless access

Challenges

  • High infrastructure costs and possibility of revenue reduction for telecommunication companies

5G Fixed Wireless Access (FWA) Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

39.5%

Base Year Market Size (2023)

USD 30.72 billion

Forecast Year Market Size (2036)

USD 2.32 trillion

Regional Scope
  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Abhishek Verma


  • Report ID: 3025
  • Published Date: Sep 25, 2024
  • Report Format: PDF, PPT

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.
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