5G Fixed Wireless Access Market Definition
Fixed wireless access is defined as a connection that provides broadband access through mobile network-enabled customer premises equipment (CPE). This includes various form factors of CPEs, such as indoor (desktop and window) and outdoor (rooftop and wall-mounted). It does not include portable battery-based Wi-Fi routers or dongles. Fixed wireless access (FWA) connections are forecast to grow threefold and reach close to 160 million by the end of 2025, accounting for 25 percent of total mobile network data traffic globally. There were an estimated 51 million FWA connections globally at the end of 2019, FWA traffic is predicted to grow to reach 53EB in 2025, accounting for 25 percent of global mobile network data traffic, there will be close to 160 million FWA connections by the end of 2025, providing access to approximately 570 million individuals. There are three main factors that drive the FWA market and the uptake of connections. First, demand from consumers and businesses for digital services continues, driving the need for broadband connectivity. Second, FWA delivered over 4G or 5G is an increasingly cost-efficient broadband alternative in areas with limited availability of fixed services such as DSL, cable, or fiber. Increasing capacity allowed by greater spectrum allocations and technology advancements for 4G and 5G networks is driving higher network efficiency in terms of the cost per delivered gigabyte. Third, governments are fueling broadband connectivity through programs and subsidies, as it is considered vital for digitalization efforts and economic growth.
The market study is broken down, by Application (Internet of Things (IoT), Broadband Internet, Pay TV and Others) and major geographies with country level splits. According to AMA, the Global 5G Fixed Wireless Access market is expected to see growth rate of 96.1%
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global 5G Fixed Wireless Access market throughout the predicted period.
Qualcomm Technologies (United States), Nokia Corporation (Finland), Samsung Electronics (South Korea), Huawei (China), Ericsson (Sweden), Mimosa Networks, Inc. (United States), Cohere Technologies, Inc. (United States), Siklu Communication, Ltd. (Israel), AT&T Inc. (United States), Verizon Communications Inc. (United States) and Cisco (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Arqiva (Hampshire), Cellular South, Inc. (C Spire) (United States), Orange S.A. (France), United States Cellular Corporation (United States), TELUS Corporation (Canada), Telefónica (Spain), Mobile Telephone Networks (MTN) (South Africa), Swisscom (Switzerland) and Hrvatski Telekom (Croatia).
AdvanceMarketAnalytics has segmented the market of Global 5G Fixed Wireless Access market by Type, Application and Region.
On the basis of geography, the market of 5G Fixed Wireless Access has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Demography, the sub-segment i.e. Urban will boost the 5G Fixed Wireless Access market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offerings, the sub-segment i.e. Hardware [Customer Premises Equipment Devices, Access Units] will boost the 5G Fixed Wireless Access market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Residential will boost the 5G Fixed Wireless Access market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
10th June 2020, Nokia had announced new research highlighting 5G Fixed Wireless Access (FWA) as the most desirable 5G use case amongst consumers globally. The study, which was conducted by Parks Associates, surveyed 3,000 people in the UK, US, and South Korea and examined consumer understanding and demand for 5G services across six different use cases including autonomous vehicles, video surveillance and immersive technologies
- High Adoption of Advanced Technologies Such as Machine-To-Machine (M2M)/Internet of Things (IoT)
- Upsurging Use of Millimeter-Wave Technology in 5G FWA
- Growing Demand for High-Speed Internet Connectivity and Broad Network Coverage With Reduced Latency and Power Consumption
- Growing Demand for 5G FWA Networks From Varied Industries
- Intensifying Demand for IoT and Cloud-Based Services
- The Concern Related High Cost of Infrastructure
- Adverse Impact of Millimeter-Wave Technology on the Environment
- Compatibility Issues Between Traditional and 5G Networks
- Short Wavelengths of Millimeter Waves
Key Target Audience5G Fixed Wireless Access Providers, Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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