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Global 5G Fixed Wireless Access (FWA) Market is expected to grow at a CAGR of 99.5% during the forecast period from 2019-2025

02-21-2020 02:25 PM CET | IT, New Media & Software

Press release from: Fior Markets

Global 5G Fixed Wireless Access (FWA) Market 2019, Global 5G Fixed Wireless Access (FWA) Market Growth,

Global 5G Fixed Wireless Access (FWA) Market 2019, Global 5G Fixed Wireless Access (FWA) Market Growth,

As per the report published by Fior Markets,the global 5G Fixed Wireless Access (FWA) market is expected to grow from USD 159.62 Million in 2017 to USD 39,998.1 Million by 2025 at a CAGR of 99.5% during the forecast period from 2018-2025.North America is dominating the market as the US is considered to have the highest user base, and a similar trend which is expected to continue with the addition of new subscribers. Also, there is high 5G implementation in the region which is anticipated to increase on-demand video services.

5G Fixed Wireless Access (FWA) Market by Offering (Hardware, Services), Demography, Application (Residential, Commercial, Others), Region Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025.

DOWNLOAD FREE SAMPLE REPORT:https://www.fiormarkets.com/report-detail/386041/request-sample

Leading companies in the industry include Qualcomm Technologies, Nokia Corporation, Samsung Electronics, Huawei, Ericsson, Mimosa Networks, Inc.,among otherswhichare offering greater opportunities and are continuously focused on new product developments and venture capital investments to obtain market share.For instance, In April 2018, Siklu Inc. launched SmartHaul Wireless Network Design Engine (WiNDE) that accelerates time to deployment by automating complex mmWave network designs. WiNDE is part of a complete SmartHaul SaaS Application suite, including Financial Analysis Calculators and a Range Estimator tool. This suite of software apps gives customers the tools they need to plan an mmWave network from a business case perspective all the way to actual network design.

The offering segment is classified into hardware and services. The services segment is dominating the 5G Fixed Wireless Access (FWA) market and valued around USD 99.12 Million in 2017. The services segment is expanding at a high pace as 5G FWA is likely to enhance network performance capabilities and deliver high-speed network coverage compared to currently used connectivity networks. Also, higher implementation of connected devices, such as smartphones, laptops, and smart devices, in several commercial and residential applications is also boosting up the growth of the market. Demography segment is divided into segments such as urban, semi-urban and rural. The semi-urban segment is dominating the market with the highest share of 47.80% in 2017. In suburban areas and urban areas, the higher spectrum is required, whereas rural areas can use lower frequencies for FWA services. This impacts the growth of the segment. Application segment includes residential, commercial, industrial and government. The residential segment is dominating the market and valued around USD 63.68 Million in 2017. 5G fixed wireless is an ultimate substitute mainly for residential customers as users can get gigabits of speeds at a competitive price, with no installation issues.

BROWSE COMPLETE REPORT AND TABLE OF CONTENTS:https://www.fiormarkets.com/report/5g-fixed-wireless-access-fwa-market-by-offering-386041.html

Growing demand for high-speed internet connectivity and broad network coverage with reduced latency and power consumption is one of the driving force. Also, preference over millimetre-wave technology in 5G FWA is also fuelling the growth of the market. But its results in time-taking decision making related to standardization of spectrum allocation which may hamper the growth of the market. However, growing demand for IoT and cloud-based services and high priority on the development of 5G network should drive the industry growth in the coming years.

Customization of the Report:This report can be customized to meet the client's requirements. Please connect with our sales team (sales@fiormarkets.com), who will ensure that you get a report that suits your needs.

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Fior Markets is a futuristic market intelligence company, helping customers flourish their business strategies and make better decisions using actionable intelligence. With transparent information pool, we meet clients' objectives, commitments on high standard and targeting possible prospects for SWOT analysis and market research reports. We sell market research reports obtained from major publishers from various industries, in which a comprehensive overview of the market is provided along with statistical forecasts, strategic recommendations, detailed segmentation, current market scenario, competitive landscape and key trends.

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Albany, NY, 19th February : Recent research and the current scenario as well as future market potential of "5G for FWA (Fixed Wireless Access): 2017 - 2030 - Opportunities, Challenges, Strategies & Forecasts" globally. Commonly referred to as FWA, Fixed Wireless Access has emerged as one of the most predominant use cases for early 5G network rollouts. Multiple mobile operators and service providers are initially seeking to capitalize on 5G as
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