“According to the research report published by Polaris Market Research, the Global 5G Fixed Wireless Access (Fwa) Market Size Is Expected To Reach USD 88.5 Billion By 2027, at a CAGR of 99.3% during the forecast period.”
Market Scope:
Polaris Market Research recently published a new market research study on “5G Fixed Wireless Access (FWA) Market Share, Size, Trends, Industry Analysis Report, by Offering (Hardware, Services); By Demography (Urban, Semi-Urban, Rural); By Application (Residential, Commercial, Industrial, Government); By Regions - Segment Forecast, 2020 –2027” which aims to examine and put forth in-depth and accurate data regarding the market.
The 5G fixed wireless access gives high-velocity information move rates, negligible inactivity, and a dependable network for an assortment of organizations that will offer powerful open doors for the market over the figure period. The low dormancy of 5G organizations, for instance, is pivotal for coordinating security frameworks and giving ongoing vehicle-to-vehicle and vehicle-to-foundation correspondence in independent/associated vehicles. Remote sensors are utilized for an assortment of administrations and applications in shrewd urban communities, going from contamination and climate observing to traffic signal, security observation, and savvy stopping. Subsequently, the 5G organization is basic in fulfilling the necessities of an assortment of connected gadgets and sensors which have been sent. The execution and utilization of 5G organizations in the medical services area is anticipated to be a unique advantage. During a crisis, for instance, 5G organizations can help general society in getting to telemedicine and crisis care administrations. Thus, the rising utilization of 5G organizations in different industry classes is probably going to drive the worldwide 5G fixed wireless access market forward.
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Dominant Key Players on 5G Fixed Wireless Access Market Covered are:
- Arqiva
- AT&T Inc.
- Cellular South Inc. (Cspire)
- Cisco
- Cohere Technologies Inc.
- Ericsson
- Hrvatski Telekom
- Huawei
- Mimosa Networks Inc.
- Mobile Telephone Networks(MTN)
- Nokia
- Orange S.A.
- Qualcomm Technologies
- Samsung Electronics
- Siklu Communication
- Swisscom
- Telefónica S.A.
- Telus Corporation
- United States Cellular Corporation
- Verizon Communications Inc.
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Segmentation of Market Covered in the Research:
The 5G fixed wireless access market is bifurcated based on application, demography, and offerings.
By offerings, services will lead the market over the forecast period.
By demography, semi-urban will dominate the market over the forecast period.
By application, residential will spearhead the market over the forecast period.
Geographical Analysis:
The geographical segments are determined based upon the manufacturing and consumption analysis with respect to each region. The regional evaluation includes the market of every region, the increase rate of each region, identifying developments based upon the historic data of the section.
Regional Scope:
The regional sector is included to demonstrate its current and future growth synopsis. This helps players to build up their position. The regional and country-level assessment incorporates the demand and supply forces that are influencing the growth of the global 5G Fixed Wireless Access (FWA) Market. Moreover, the section examines segments with sales percentage and income through the usage of key international locations in those several regions. This analysis will assist readers in comprehending the attributes and growing capacity of numerous geographical markets.
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Based on regions, the worldwide 5G Fixed Wireless Access (FWA) Market covers:
· North America (United States, Canada)
· Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria)
· Asia-Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
· Latin America (Brazil, Mexico, Argentina)
· MEA (Saudi Arabia, UAE, Israel, South Africa)
Frequently Asked Questions:
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The 5G fixed wireless access market is expected to grow from USD 369 million in 2019 to USD 46,366 million by 2026, growing at a CAGR of 97.47% from 2019 to 2026.
Key factors driving the growth of this market include growing demand for high-speed internet connectivity and broad network coverage with reduced latency and power consumption, increasing adoption of advanced technologies such as machine-to-machine (M2M)/Internet of Things (IoT) and millimeter-wave in 5G FWA.
Get 10% Free Customization on this Report:https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=41266711 Services to account for largest share of 5G fixed wireless access market by 2026 The continuous development of broadband and cellular networks has enabled users to experience faster data transmission rates, with low latency.
To support the increasing data traffic, more bandwidth is required.
Residential to account for largest share of fixed wireless access market by 2026 5G fixed wireless is an ideal alternative mainly for residential customers as users can get gigabits of speeds at a competitive price, with no installation issues.
Based on ITU data, the addressable market can be close to 1 billion households, with either no or poor fixed broadband connectivity.
New York, NY 23 Feb 2021: The global 5G Fixed Wireless Access (FWA) market size is expected to reach USD 88.5 billion by 2027 according to a new study by Polaris Market Research.
The report “5G Fixed Wireless Access (FWA) Market Share, Size, Trends, Industry Analysis Report, by Offering (Hardware, Services); By Demography (Urban, Semi-Urban, Rural); By Application (Residential, Commercial, Industrial, Government) and Region; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
5G Fixed Wireless Access (FWA) enables the network providers/operators to offer extremely high speed broadband connection to even the rural and suburban areas, providing support to the businesses and home applications where the optic fiber proves to be highly expensive to install and maintain.
According to the Economic Times, January 2018 publication the rising demand for data is expected to fuel nearly 44% growth in the total number of wireline broadband subscribers across India over the forthcoming four years.
The result of the study illustrated that there’s substantial opportunity for the mobile operators to compete with the broadband service providers through their offering of 5G Fixed Wireless Access (FWA) to businesses and homes.
Market participants such as Arqiva, AT Inc., Cellular South, Inc. (Cspire), Cisco, Cohere Technologies, Inc., Ericsson, Hrvatski Telekom, Huawei, Mimosa Networks, Inc., Mobile Telephone Networks(MTN), Nokia, Orange S.A., Qualcomm Technologies, Samsung Electronics, Siklu Communication, Swisscom, Telefónica S.A., Telus Corporation, United States Cellular Corporation, and Verizon Communications Inc. are some of the key players operating in the global market.
