5G Fixed Wireless Access Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: 5G Fixed Wireless Access Market covers analysis By Offering (Hardware, Services); Application (Residential, Commercial, Industrial); Operating Frequency (SUB-6 GHZ, 24 GHZ-39 GHZ, ABOVE 39 GHZ) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00005691
  • Category : Electronics and Semiconductor
  • Status : Upcoming
  • No. of Pages : 150
Buy Now

The 5G fixed wireless access market is expected to grow from US$ 425.26 million in 2021 to US$ 90,563.22 million by 2028 at a CAGR of 85.2% between 2022 to 2031.

5G fixed wireless access (FWA) is an enhanced mobile broadband use case of 5G in the hybrid electromagnetic spectrum bands for wireless communication. It can be used to deliver a superior customer experience quickly and economically. Also, it is an efficient and scalable alternative to wired broadband. 5G FWA can provide ultra-high bandwidth, which helps deliver rich content at a significantly high speed. It allows telecom operators to provide broadband internet services in areas where fixed internet lines are absent. The technology relies on mobile components to deliver internet services to customers.

MARKET DYNAMICS

The 5G fixed wireless access market is expected to witness significant growth during the forecast period due to the rising demand for 5G fixed wireless access networks in various industries such as IT, BFSI, and manufacturing. With the high-speed data transfer rates, low latency, and reliable connectivity provided by the network, the demand for 5G FWA in autonomous and connected cars is increasing. In smart cities, 5G network can be used for a wide range of services and applications, from traffic management and smart parking to environmental and pollution monitoring.

In addition, the increasing demand for strong internet connectivity with low power consumption is another major factor driving the 5G fixed wireless access market growth. Also, the growing IT & telecommunication sector investments to ensure connectivity will further fuel the market growth in the coming years. However, the high infrastructure cost hinders the growth of the 5G fixed wireless access market.

MARKET SCOPE

The "Global 5G Fixed Wireless Access Market Forecast to 2028" is report aims to provide an overview of the market with detailed market segmentation based on offering, application, operating frequency, and geography. The report provides key statistics based on the performance of the leading 5G fixed wireless access market players. It also offers key trends and opportunities in the market.

Strategic Insights

MARKET SEGMENTATION

The global 5G fixed wireless access market is segmented on the basis of offering, application, and operating frequency. Based on offering, the market is bifurcated into hardware and services. By application, the market is segmented into residential, commercial, and industrial. Based on operating frequency, the global 5G fixed wireless access market is segmented into sub-6 GHz, 24 GHZ–39 GHz, and above 39 GHz.


RD Image
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
REGIONAL FRAMEWORK

The report on the 5G fixed wireless access market provides current market size and estimates between 2019 and 2028 concerning five major regions North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America. The report covers an analysis and forecast of 18 countries across the world, along with trends and opportunities prevailing in the region.

From the regional perspective, Asia Pacific dominated the 5G fixed wireless access market in 2021, followed by North America. The regional market's dominance is majorly attributed to the presence of the fastest-growing economies in the region, such as China, Japan, and South Korea. Also, the high adoption of new technologies in these countries fuels the market growth in Asia Pacific.

5G Fixed Wireless Access MarketSource: The Insight Partners Analysis

The report analyzes factors influencing the 5G fixed wireless access market from demand and supply side and further evaluates market dynamics during the forecast period. The report also provides an exhaustive Porter's five forces analysis of the factors affecting the market in these regions.

IMPACT OF COVID-19 PANDEMIC

COVID-19 pandemic slowed down the investments in the 5G network due to telecom operators' delay in the 5G rollout plan. The pandemic severely affected various industries, including retail, manufacturing, and healthcare, as the government of various countries declared the lockdown. Also, the shutdown of various manufacturing facilities  due to the labor shortage hindered the 5G fixed wireless access market.

However, since Q2 2021 5G demand in several industries is growing in the retail, manufacturing, and healthcare sectors, particularly private 5G networks for the manufacturing and healthcare sectors, due to the enhanced capabilities of 5G. Owing to this, the 5G industry participants are investing substantial amounts in their products, which is driving the 5G fixed wireless access market.

World Geography
Strategic Insights

Have a question?

Analyst

Naveen

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst   Speak to Analyst
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS

The report covers key developments in the 5G fixed wireless access market. Various companies are focusing on organic growth strategies, such as product launches, product approvals, patents, and events. In addition, acquisitions and partnerships & collaborations are among the inorganic growth strategies witnessed in the market. These activities have paved way for the expansion of business and customer base of market players. The players operating in the 5G fixed wireless access market are anticipated to experience lucrative growth opportunities in the future owing to the rising demand high speed internet facility.

The report also includes the profiles of key 5G fixed wireless access market players along with their SWOT analysis and market strategies. In addition, it focuses on leading players’ information, such as company profiles, components and services offered, financial information of last three years, and key developments in past five years.

  • Cohere Technologies, Inc.
  • Cisco
  • Nokia Corporation
  • Huawei Technologies Co., Ltd.
  • Qualcomm Technologies, Inc.
  • Samsung Electronics Co., Ltd. (Samsung)
  • Verizon Communications Inc.
  • Mimosa Networks, Inc. (Airspan Networks Inc.)
  • Siklu Communication
  • Telefonaktiebolaget LM Ericsson

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.Market Research

electronics-and-semiconductor
Research Criteria
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Offering, Application, Operating Frequency, and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina

The List of Companies

1. Cohere Technologies, Inc.
2. Cisco
3. Nokia Corporation
4. Huawei Technologies Co., Ltd.
5. Qualcomm Technologies, Inc.
6. Samsung Electronics Co., Ltd. (Samsung)
7. Verizon Communications Inc.
8. Mimosa Networks, Inc. (Airspan Networks Inc.)
9. Siklu Communication
10. Telefonaktiebolaget LM Ericsson

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to 5G Fixed Wireless Access Market