5G Fixed Wireless Access (FWA) Market to Reach US$337.75

PUNE, May 4, 2023 (GLOBE NEWSWIRE) — Market overview

5G Fixed Wireless Access (FWA) is a cutting-edge technology that uses 5G networks to provide high-speed internet access for homes and businesses. Unlike traditional wired Internet connections, FWA relies on wireless connectivity using tiny transmitters and receivers, so no cables or wires are required. FWA offers a variety of benefits, including faster downloads and uploads, lower latency, and increased reliability, making it an ideal solution for areas where traditional wired Internet options are limited or unavailable. .

“The 5G fixed wireless access (FWA) market will be valued at USD 24.66 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 38.7% during the forecast period 2023-2030, according to SNS Insider. , which ultimately reached US$337.75 billion.”

market analysis

The 5G Fixed Wireless Access (FWA) market is experiencing rapid growth due to the growing need for high-speed Internet access and increasing adoption of innovative technologies such as mmWave and Internet of Things (IoT) in the FWA space. increase. Powered by 5G networks, FWA technology is bringing high-speed internet service to homes and businesses without the need for physical fiber connections, increasing convenience and flexibility. and online learning trends have further increased demand for high-speed Internet access, making FWA an attractive option for both individuals and businesses. This is expected to drive further expansion of 5G FWA.

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The major company profiles mentioned in this report are:

Key companies included in the study include Qualcomm Technologies, Nokia Corporation, Samsung Electronics, Huawei, Ericsson, Mimosa Networks Inc., Cohere Technologies Inc., Siklu Communication Ltd., AT&T Inc., Verizon Communications Inc.

recession impact

The recession may bring some challenges to the 5G fixed wireless access (FWA) market, but the need for high-speed internet connectivity and the cost-saving benefits of FWA technology are expected to mitigate the impact of the economic downturn on the market. may be useful for As a result, the FWA market is expected to continue its growth trajectory in the long term.

Scope of the 5G Fixed Wireless Access (FWA) Market Report:

Major regional development

The 5G fixed wireless access (FWA) market is dominated by North America, mainly due to increasing investment in 5G infrastructure. The deployment of small cells, fiber optic cables, and other network components in North America are contributing significantly to the market growth. The region is heavily invested in developing 5G infrastructure, increasing the demand for 5G FWA. The North American government has also endorsed the deployment of his 5G technology, further boosting the market growth. Various initiatives and policies aimed at improving network infrastructure have been implemented to facilitate the deployment of 5G technology.

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important point 5G Fixed Wireless Access (FWA) Market study

• The urban segment is expected to dominate the market in the coming years. This trend can be attributed to the increasing demand for high-speed Internet services in urban areas where traditional wired broadband infrastructure may not be able to keep up with the increasing demand.
• The market is poised for significant growth, with the residential segment expected to take the lead. Fixed wireless access refers to the use of wireless communication technology to provide Internet access to fixed locations such as homes and businesses.

Related recent developments 5G Fixed Wireless Access (FWA) Market

• Ericsson, a leading multinational telecommunications company, has worked with local partners to successfully trial its 5G Fixed Wireless Access (FWA) technology in Indonesia. This trial was conducted to demonstrate the capabilities of 5G FWA as a viable solution for extending broadband connectivity to regions inaccessible to traditional fixed line infrastructure.
• Network giant Cisco and mobile network operator T-Mobile have launched a 5G Fixed Wireless Access (FWA) solution for businesses aimed at providing high-speed internet connectivity in regions where traditional wired infrastructure is inaccessible. bottom. The service, which utilizes T-Mobile’s 5G network and Cisco’s wireless gateway technology, is designed to offer speeds of up to 1 Gbps to businesses in certain regions within the United States.

table of contents

1.First of all

2. Survey method

3. Market dynamics

4. Impact analysis

5. Value chain analysis

6. Porter’s five-force model

7. PEST Analysis

8. 5G Fixed Wireless Access (FWA) Market Segmentation, By Offering

9. 5G Fixed Wireless Access (FWA) Market Segmentation by Demographics

10. 5G Fixed Wireless Access (FWA) Market Segmentation by Applications

11. Regional Analysis

12. Company Profile

13. Competitive environment

14. Conclusion

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about us:

SNS Insider is one of the leading market research and consulting organizations that dominate the global market research industry. Our company’s purpose is to provide our clients with the knowledge they need to function in changing conditions.We provide up-to-date and accurate market data, consumer insights and opinions so that To help us make decisions, we employ a variety of techniques including surveys, video talks, and focus groups around the world.

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