The global 5G fixed wireless access market size is projected to reach USD 158.09 Billion at a steady CAGR of 106.3% in 2028, according to latest analysis by Emergen Research. This steady revenue growth can be attributed deployment of advanced technologies such as Machine To Machine (M2M) and Internet of Things (IoT) connected devices. Rising concerns regarding performance capabilities of networks, high-speed broadband, and improved telecommunication technology such as Long-Term Evolution (LTE) are factors driving increasing focus on high-speed packet access, and improved performance of existing Wideband Code Division Multiple Access (WCDMA) protocols, which in turn has been boosting adoption of 5G fixed wireless access. In addition, this trend is expected to continue over the forecast period. Increasingly stringent government regulations to improve standard of smart cities with respect to various application such as smart parking, monitoring cities with drones, security surveillance, and network connectivity services is expected to fuel adoption of 5G fixed wireless access going ahead.
The latest report published by Emergen Research delivers a detailed inspection of the global 5G fixed wireless access market. The study evaluates the ever-changing industry dynamics that are expected to affect the trajectory of the overall market. Our expert analysts scrutinize the historical trends in the market and compare it to the contemporary market trends, to estimate the trajectory that the market might follow in the forecast period. For an in-depth discussion regarding the global 5G fixed wireless access market, analysts segment the market parameters based on the application, product, and end-users. The research report relies on both the primary and secondary research methodologies to offer the reader a precise understanding of the ongoing developments observed in the 5G fixed wireless access market.
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Key Highlights From The Report
- In March 2021, AT&T Inc. announced plans to acquire 80MHz C-band spectrum to complement its 5G network on low-band for delivering high speeds network connectivity. The company is also expecting to add new users of HBO Max streaming service due unlimited wireless plan streaming service advantage at no extra cost, and user get free access to AT&T 5G wireless network.
- Sub–6 GHz accounted for largest revenue share in the 5G fixed wireless access market in 2020, driven by continuous improvement in communication and information exchange services, and increasing investment in 5G fixed wireless access by major players.
- Services segment revenue growth rate is projected to incline rapidly during the forecast period, rising deployment of Artificial Intelligence solutions and robots providing services in industrial and commercial sectors are factors driving growth of this segment.
- Semi urban segment revenue growth rate is projected to incline rapidly during the forecast period. Increasing deployment of optical fiber networks and availability of areas to build the infrastructure for 5G network setup is prompting major market players to invest in semi urban areas.
- Residential segment accounted for largest revenue share in the 5G fixed wireless access market in 2020, which is expected to incline rapidly during the forecast period. Increasing deployment of IoT technology, WAN connectivity, low power consumption, and high-speed networks are expected to support growth of this segment.
- North America accounted for largest revenue share contribution to the global 5G fixed wireless access market in 2020. Rising focus on technological advancements in network connectivity and increase in efficiency of connected networks are key factors driving rising deployment of 5G fixed wireless access market in the region.
Key Companies Profiled in the Report:
AT&T Inc., Cellular South Inc. (C spire), Cisco, Cohere Technologies Inc., Ericsson, Hrvatski Telekom, Huawei, Mimosa Networks Inc., Mobile Telephone Networks (MTN), Orange S.A., Qualcomm Technologies, and Samsung Electronics.
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Emergen Research has segmented the global 5G fixed wireless access market on the basis of operating frequency, offering, demographic, application, and region:
- Operating Frequency Outlook (Revenue, USD Billion; 2018–2028)
- Sub–6 GHz
- 24 GHz–39 GHz
- Above 39 GHz
- Offering Outlook (Revenue, USD Billion; 2018–2028)
- Hardware
- Services
- Demographic Outlook (Revenue, USD Billion; 2018–2028)
- Urban
- Semi-Urban
- Rural
- Application Outlook (Revenue, USD Billion; 2018–2028)
- Commercial
- Industrial
- Residential
- Government
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Market Dynamics:
The report offers insightful information about the market dynamics of the 5G Fixed Wireless Access market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the 5G Fixed Wireless Access market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the 5G Fixed Wireless Access market.
Radical Highlights of the 5G Fixed Wireless Access Market Report:
- Comprehensive overview of the 5G Fixed Wireless Access market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and R&D advancements on the 5G Fixed Wireless Access market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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