5G Fixed Wireless Access Market Size, Share, Opportunities, And Trends By Demographic Trend (Rural, Urban, Semi-urban), By End-Use (Residential, Commercial, Industrial, Government), And By Geography - Forecasts From 2024 To 2029

The 5G fixed wireless access market is estimated at US$33.952 billion in 2024, and it is anticipated to expand at a CAGR of 38.53% to attain US$161.437 billion by 2029.

Fixed wireless access or FWA is a type of broadband access that uses a wireless connection, like the 5G or 4G LTE technology, to offer access to the internet to premises. It is a type of miniature cellular tower that helps in providing homes or businesses with high-speed internet connectivity. Fixed wireless access offers consumers the benefits of broadband access, which uses wireless technology. These devices also use high-speed signal connections, which facilitate high-speed data transfers for the devices and help to ensure internet connectivity in areas with little or no access to high-speed internet.

Fixed wireless access also offers numerous benefits to users or subscribers. It offers high-speed internet connectivity to areas even in those that lack wired infrastructure. This internet connectivity solution is also affordable and easy to install compared to fiber optics or wired internet.

The increase in the global population using the internet will surely expand the popularity and the demand for faster network connection solutions, giving a major boost to the FWA market. Similarly, the rise in high-speed internet usage in the remote or rural regions of the globe is also expected to propel the market forward.

5G Fixed Wireless Access Market Drivers:

• Increasing usage of the internet among the global population

A key factor likely to drive the global market development of 5G fixed wireless access is the increasing accessibility or availability of the Internet among the global population. Owing to this, the popularity and demand for high-speed Internet connections are also expected to boost. The 5G FWA technology offers consumers easy and wireless access to a high-speed Internet connection for their premises.

The International Telecommunication Union, or ITU, in its global individual user statistics of 2023, stated that in the year, about 67% of the total population had access to the internet, which was previously recorded at about 64% in 2022 and 62% in 2021. The global population that has access to the Internet has grown significantly over the past few years and is expected to grow further with the introduction of new technology in the Internet connection sector. The organization stated that in 2021, 4.9 billion of the global population were using the internet, which grew to 5.1 billion in 2022 and 5.4 billion in 2023, marking a significant growth over past years.

• Increasing demand for faster network connection in remote locations

The increase in internet usage in rural regions worldwide will likely lead to major growth in the 5G fixed wireless access market. FWA offers an optimal and affordable solution for high-speed and secure internet connection in remote areas without a wired connection infrastructure.

The International Telecommunication Union, or ITU, in its report, stated that in 2023, 98% of the global urban population had access to 4G internet. In contrast, in the rural regions of the world, 80% of the population had access to 4G internet. The agency also stated that among the lower-middle income population of the globe, 12% had 5G connectivity, and 57% of the upper-middle income population in 2023 had 5G connectivity.

5G Fixed Wireless Access Market Geographical Outlook

• Europe is forecasted to hold a major share of the 5G Fixed Wireless Access Market.

In the global 5G fixed wireless access market, the European region will probably attain a greater share during the estimated period. This region is amongst the largest operators of high-speed internet connection, and it is further expected to grow with technological development in the internet and telecommunication sector. The global telecommunication association,  International Telecommunication Union, in its report, stated that the European region leads the worldwide coverage of the 5G network, with the accessibility of the 5G technology to 68% of the region's population. Furthermore, in Europe, about 97% of the rural population has availability to the Internet, and a total of 100% of the urban population have access to the Internet.

Furthermore, multiple European companies and governmental organizations have announced key investments and initiatives to further propel access to high-speed, or 5G Internet, across the region. Companies like Nokia and Vodafone, among other global telecommunication giants, have introduced new products and services to attract new consumers and businesses to the fixed wireless access markets.

The 5G Fixed Wireless Access Market Products Offered by Key Companies:

• Mavenir, an American multinational corporation, offers various advanced technology solutions. The company offers maintenance & support, enhanced care, professional services, and system integrations. The solutions offered by the company include 5G signaling, fixed wireless access, mining solutions, network automation, 5G evolutions, new revenue generations, and network protections, among others. The FWA solution offered by the company features a multi-cloud environment with application detection control. It also includes geo-restrictions and ensures a higher throughput with lower UPF.
• Airtel is amongst India's biggest telecommunication service providers and offers its services across 17 nations across Asia and Africa. The company offers multiple products and solutions, like prepaid, postpaid, wi-fi, DTH, banking, and finance. The company also offers data connectivity, cloud services, data centers, securities, IoT, and enterprise mobility, among others. In February 2024, Airtel announced that it had collaborated with Ericsson to successfully demonstrate 5G FWA with the mmWave spectrum.

The 5G Fixed Wireless Access Market Key Developments:

• In May 2024, Cisco, a global technological leader, in collaboration with AT&T, an America-based telecommunication and connectivity solution provider, announced the introduction of 5G Fixed Wireless Access for businesses. The new FWA Cisco Meraki MG52 and MG52E Cellular Gateways are integrated with AT&T's wireless WAN service and can expand across campus and branches.

Businesses also have the option to reduce the deployment time for branch connectivity. This new solution offers increased operational efficiency and flexible management. It also helps to minimize downtime and resilient network performance.

• In December 2023, HFCL Limited, an Indian corporation that designs, integrates, and deploys high-quality network solutions, announced that it has successfully introduced 5G fixed wireless access products nationwide. With these products, the company aims to expand its 5G network portfolio in the nation.

The 5G Fixed Wireless Access Market is segmented and analyzed as:

• By Demographic Trend
  • Rural
  • Urban
  • Semi-urban
• By End-User
  • Residential
  • Commercial
  • Industrial
  • Government
• By Geography
  • North America
    • United States of America
    • Canada
    • Others
  • South America
    • Brazil
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Others
  • Middle East and Africa
    • United Arab Emirates
    • Israel
    • Others
  • Asia Pacific
    • China
    • Japan
    • Taiwan
    • South Korea
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. 5G FIXED WIRELESS ACCESS MARKET BY DEMOGRAPHIC TREND

5.1. Introduction

5.2. Rural

5.3. Urban

5.4. Semi-urban

6. 5G FIXED WIRELESS ACCESS MARKET BY END-USER

6.1. Introduction

6.2. Residential

6.3. Commercial

6.4. Industrial

6.5. Government

7. 5G FIXED WIRELESS ACCESS MARKET BY GEOGRAPHY

7.1. Introduction

7.1. North America

7.1.1. By Demographic Trend

7.1.2. By End-User

7.1.3. By Country

7.1.3.1. United States of America

7.1.3.2. Canada

7.1.3.3. Others

7.2. South America

7.2.1. By Demographic Trend

7.2.2. By End-User

7.2.3. By Country

7.2.3.1. Brazil

7.2.3.2. Others

7.3. Europe

7.3.1. By Demographic Trend

7.3.2. By End-User

7.3.3. By Country

7.3.3.1. United Kingdom

7.3.3.2. Germany

7.3.3.3. France

7.3.3.4. Others

7.4. Middle East and Africa

7.4.1. By Demographic Trend

7.4.2. By End-User

7.4.3. By Country

7.4.3.1. United Arab Emirates

7.4.3.2. Israel

7.4.3.3. Others

7.5. Asia Pacific

7.5.1. By Demographic Trend

7.5.2. By End-User

7.5.3. By Country

7.5.3.1. China

7.5.3.2. Japan

7.5.3.3. Taiwan

7.5.3.4. South Korea

7.5.3.5. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES 

9.1. Verizon Communications Inc

9.2. Ericsson

9.3. Cisco

9.4. AT&T Inc

9.5. Siklu 

9.6. Mimosa Nerworks Inc

9.7. Cohere Technnologies Inc

9.8. Airtel India

9.9. Jio Platforms Ltd. (JPL)

9.10. Nokia

9.11. Samsung

9.12. Mavenir

Verizon Communications Inc 

Ericsson 

Cisco 

AT&T Inc 

Siklu  

Mimosa Nerworks Inc 

Cohere Technnologies Inc 

Airtel India 

Jio Platforms Ltd. (JPL) 

Nokia 

Samsung 

Mavenir