Global 5G Fixed Wireless Access Market Overview: Forecasted Market Size and Growth Rate

As per The Business Research Company's 5G Fixed Wireless Access (FWA) Opportunities And Strategies Market Report 2023,the 5G fixed wireless access market reached a value of nearly $3,072.24 million in 2022, having grown at a compound annual growth rate (CAGR) of 29.2% since 2020. The market is expected to grow from $3,072.24 million in 2022 to $40,287.19 million in 2027 at a rate 67.3%. The market is then expected to grow at a CAGR of 6.3% from 2027 and reach $54,718.47 million in 2032.        

Increasing internet penetration in both rural and urban areas is expected to drive the growth of the 5G fixed wireless access market going forward. With an increase in accessible technology and contending providers, broadband internet is accessible for many consumers who have made the switch, after being frustrated by slow dial-up connections.

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Companies in the 5G fixed wireless access space are implementing technological advancements in their product offerings, such as artificial intelligence (AI) and machine learning. ML plays a key role in assisting wireless operators to deploy, operate and manage 5G networks with the proliferation of IoT devices.  AI is for improving customer service and enhancing customer experience. AI will help recoup the investments of communications service providers (CSPs) who switch to 5G.

The top opportunities in the 5G fixed wireless access market segmented by offering will arise in the services segment, which will gain $26,417.1 million of global annual sales by 2027. The top opportunities in segment by demography will arise in the semi-urban segment, which will gain $17,317.4 million of global annual sales by 2027. The top opportunities in segment by end-user will arise in the residential segment, which will gain $21,823.6 million of global annual sales by 2027. The 5G fixed wireless access market size will gain the most in the China at $8,050.9 million.

5G Fixed Wireless Access (FWA) Market Segmentation:
The 5G fixed wireless access (FWA) market is segmented offering, by demography, and by end-user.
By Offering -

a) Hardware
b) Services
By Demography -

a) Urban
b) Semi-Urban
c) Rural
By End-User -

a) Residential
b) Commercial
c) Industrial
d) Government

Major players in the 5G fixed wireless access (FWA) market include Telefonaktiebolaget LM Ericsson, Nokia Corporation, Qualcomm Technologies, Samsung Electronics, Intel Corporation.

The regions covered in the global 5G fixed wireless access (FWA) market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The latest report from The Business Research Company, 'Global 5G Fixed Wireless Access (FWA) Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

5G Fixed Wireless Access (FWA) Market Report Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction and Market Characteristics
……
19. Company Profiles
20. Key Mergers and Acquisitions
21. Opportunities And Strategies
22. 5G Fixed Wireless Access Market, Conclusions And Recommendations
23. Appendix

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