Global 5G Fixed Wireless Access Market Forecast to 2028
Global 5G Fixed Wireless Access Market, Emergen Research's most recent market research report, includes an estimated market size and share, current industry trends, global market growth rates, main market competitors, key drivers and opportunities, challenges, and product segmentation. Cost structure, market size, the level of competition, a product's features and portfolio, and business profiles
The global 5G fixed wireless access market size is projected to reach USD 158.09 billion at a steady CAGR of 106.3% in 2028, according to the latest analysis by Emergen Research. This steady revenue growth can be attributed to the deployment of advanced technologies such as machine-to-machine (M2M) and Internet of Things (IoT)-connected devices. Rising concerns regarding the performance capabilities of networks, high-speed broadband, and improved telecommunication technology such as Long-Term Evolution (LTE) are factors driving increasing focus on high-speed packet access and the improved performance of existing Wideband Code Division Multiple Access (WCDMA) protocols, which in turn has been boosting adoption of 5G fixed wireless access. In addition, this trend is expected to continue over the forecast period.
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the 5G Fixed Wireless Access market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
AT&T Inc., Cellular South Inc. (Cspire), Cisco, Cohere Technologies Inc., Ericsson, Hrvatski Telekom, Huawei, Mimosa Networks Inc., Mobile Telephone Networks(MTN), Orange S.A., Qualcomm Technologies, and Samsung Electronics
Research Report on the 5G Fixed Wireless Access Market Addresses the Following Key Questions:
- Who are the dominant players of the 5G Fixed Wireless Access market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the 5G Fixed Wireless Access market?
- What are the key growth drivers and restraining factors of the 5G Fixed Wireless Access market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the 5G Fixed Wireless Access market and its key segments?
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Some Key Highlights from the Report
- In April 2021, Cellular South Inc. (C spire), which is a leading manufacturer in network connectivity, introduced a new software-defined solution that helps businesses in Mississippi, Alabama, and Tennessee upgrade application performance, reduce total cost of ownership, and simplify Wide Area Network (WAN) performance while improving traffic flow and reducing pressure on overall operations.
- In March 2021, AT&T Inc. announced plans to acquire 80MHz C-band spectrum to complement its 5G network on low-band for delivering high speeds network connectivity. The company is also expecting to add new users of HBO Max streaming service due unlimited wireless plan streaming service advantage at no extra cost, and user get free access to AT&T 5G wireless network.
- Sub–6 GHz accounted for largest revenue share in the 5G fixed wireless access market in 2020, driven by continuous improvement in communication and information exchange services, and increasing investment in 5G fixed wireless access by major players.
- Services segment revenue growth rate is projected to incline rapidly during the forecast period, rising deployment of Artificial Intelligence solutions and robots providing services in industrial and commercial sectors are factors driving growth of this segment.
- Semi urban segment revenue growth rate is projected to incline rapidly during the forecast period. Increasing deployment of optical fiber networks and availability of areas to build the infrastructure for 5G network setup is prompting major market players to invest in semi urban areas.
- Residential segment accounted for largest revenue share in the 5G fixed wireless access market in 2020, which is expected to incline rapidly during the forecast period. Increasing deployment of IoT technology, WAN connectivity, low power consumption, and high-speed networks are expected to support growth of this segment.
- North America accounted for largest revenue share contribution to the global 5G fixed wireless access market in 2020. Rising focus on technological advancements in network connectivity and increase in efficiency of connected networks are key factors driving rising deployment of 5G fixed wireless access market in the region.
Market Segmentations of the 5G Fixed Wireless Access Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2021 and 2028. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global 5G Fixed Wireless Access market on the basis of product, application, and region:
Segments Covered in this report are:
- Operating Frequency Outlook (Revenue, USD Billion; 2018–2028)
- Sub–6 GHz
- 24 GHz–39 GHz
- Above 39 GHz
- Offering Outlook (Revenue, USD Billion; 2018–2028)
- Hardware
- Services
- Demographic Outlook (Revenue, USD Billion; 2018–2028)
- Urban
- Semi-Urban
- Rural
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Regional Landscape section of the 5G Fixed Wireless Access report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key reasons to buy the Global 5G Fixed Wireless Access Market report:
- The latest report comprehensively studies the global 5G Fixed Wireless Access market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
In conclusion, the 5G Fixed Wireless Access Market report is an exhaustive database that will help readers formulate lucrative strategies. The 5G Fixed Wireless Access Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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