According to a market report by Lucintel, the future of the global 5G fixed wireless access market looks promising with opportunities in the residential, commercial, industrial, and government markets. The global 5G fixed wireless access market is expected to reach an estimated $238.8 billion by 2030 from $38.8 billion in 2024, at a CAGR of 35.4% from 2024 to 2030. The major drivers for this market are growing demand for high-speed internet access, greater use of cutting-edge technology in 5G fixed wireless access (FWA), such as millimeter-wave and internet of things (IoT), and increasing investment in 5G infrastructure.
A more than 150-page report to understand trends, opportunity and forecast in 5G fixed wireless access market to 2030 by offering (hardware and services), application (residential, commercial, industrial, government, and others), operating frequency (sub-6 ghz, 24-39 ghz, and above 39 ghz), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that services is expected to witness the higher growth over the forecast period due to modernization of cellular networks worldwide to meet the growing demand for the internet, as well as, growth of the internet of things (IoT) and the increasing proliferation of data-intensive applications, companies and consumers are expecting quicker and more dependable connectivity.
Within this market, residential will remain the largest segment due to increasing demand for high-speed broadband, the growing popularity of smart home technology, and the growth in telecommuting and remote work.
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North America is expected to witness highest growth over the forecast period due to rising use of smart home gadgets, rising demand for high-speed internet connection, and the arrival of 5G infrastructure in the region.
Huawei Technologies, Telefonaktiebolaget LM Ericsson, Nokia, Samsung, Inseego, Qualcomm Technologies, Intel Corporation, MediaTek, COMMSCOPE, Verizon Communications are the major suppliers in the 5G fixed wireless access market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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