5G Fixed Wireless Access Market: Global Industry Analysis and Forecast (2024-2030)

The 5G Fixed Wireless Access Market size was valued at USD 31.42 Billion in 2023 and the total 5G Fixed Wireless Access revenue is expected to grow at a CAGR of 39.8% from 2024 to 2030, reaching nearly USD 327.91 Billion by 2030.
5G Fixed Wireless Access Market Overview:
5G Fixed Wireless Access/ 5G FWA has emerged as a transformative use case driving the widespread adoption of 5G technology all across the world. 5G cellular network performance is evolving rapidly all across the globe. Since 2018, many markets around the globe have embraced 5G FWA services, with the United States leading the charge. According to the analysis, the United States Contributed for 28.71% of revenue of the total 5G Fixed Wireless Access Market revenue in 2023. The emergence of 5G FWA marks a new era in home internet, offering higher speeds, reduced latency, and greater flexibility. Technological development from LTE to 5G network, driving the 5G fixed wireless access market growth at a considerable growth rate. In addition, High-speed mobile broadband coverage of 4G and 5G has opened up lucrative growth opportunities for service providers to deliver broadband services to homes and small and medium-sized enterprises (SMEs) via FWA. This factor further supported the 5G fixed wireless access industry growth. The growing adoption of millimeter-wave technology for 5G FWA is also creating new opportunities for the 5G fixed wireless access industry growth.

According to IBEF, wireless subscriptions in India stood at 1,143.57 million in June 2023. This growing internet subscription rate is expected to Boost the demand for 5G FWA, thereby supporting 5G fixed wireless access market growth. The ongoing evolution of 5G and the rising adoption of smartphones along with the mounting commercial and residential applications, such as video conferencing, distance learning, and remote working is expected to positively influence the 5G fixed wireless access industry growth. North America led the global 5G fixed wireless access market with the highest market share in 2023 and is expected to grow at a significant CAGR during the forecast period. This growth is primarily due to the expanded usage of connected devices, the growing popularity of hybrid workspaces, and 5G-driven applications. However, India and China are expected to be the two most rapidly growing markets for the network automation market in APAC. According to the IDC, 5G connections in APAC are expected to increase from 574 million in 2021 to 3,234 million in 2025, rising at a CAGR of 87.9%. The most important application areas for 5G are manufacturing, smart cities with smart mobility, and smart buildings.



As 5G networks grow and develop, 5G FWA is expected to become an effective competitor to traditional broadband, altering the future of home internet connectivity. Although the 5G fixed wireless access market shows potential for reaching neglected populations, it also has certain limitations. Wireless access points are susceptible to interference and have shorter ranges, necessitating their placement closer together than prior wireless technologies. Additionally, because 5G wavelengths cannot penetrate barriers, FWA devices require line-of-sight communication with each other or the tower. These all factors are expected to limit the global 5G fixed wireless access industry growth during the forecast period. Spectrum allotment, CPE cost, and providing a consistent user experience are all topics that require continual attention. Operators and industry stakeholders have to keep up their creativity and collaborate to overcome these obstacles and unleash the full potential of 5G FWA.

MMR 5G Fixed Wireless Access Market Report Key Findings:

1. 5G FWA has transformed the US broadband industry. It has enabled US mobile providers to swiftly extend their broadband footprints with minimum additional network expenditure. Since mid-2022, 5G FWA has absorbed all of the market's broadband subscriber growth.

2. FWA is the key to monetizing 5G networks. FWA advantages include reduced rates relative to landline competitors, access to current mobile retail channels and users, and the capacity to provide a "good enough" internet service.

3. US mobile networks have been shown to be resilient. Despite the addition of millions of 5G FWA subscribers since 2021, 5G speeds on T-Mobile and Verizon's mobile networks have steadily improved. Their success in handling FWA traffic is due to a number of variables, including easy availability to mid-band spectrum, localized load control, and variances in peak usage time of day patterns between mobile and FBB use.

4. 5G FWA is estimated to contribute 45% of total subscriptions by 2029, with 118 million at a 35% CAGR. This represents a dramatic transition toward more modern and efficient networking technology. Operators like Reliance Jio have pledged to achieve 100 million 5G FWA-connected premises in India, which is a crucial driver in developing the 5G subscription base.

5. Furthermore, technological advancements in the 5G FWA space are playing an important role, with ZTE announcing the world's first AI 5G FWA CPE in the market during the Mobile World Congress (MWC) in 2024, which improves bandwidth utilization and reduces network congestion in 5G CPEs, further driving adoption of this technology and supporting 5G fixed wireless access market growth.

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The Deployment Of 5G FWA In Rural And Remote Areas

The increasing deployment of 5G FWA in rural and remote areas to bridge the digital divide and provide internet access to unserved and underserved communities is expected to be the key trend in the global 5G fixed wireless access market. Governments and telecom operators in various regions are investing heavily in 5G FWA networks to extend broadband coverage to rural areas, enabling economic development, education, healthcare, and an improved quality of life for local communities. For instance,

1. Recognizing the importance of high-speed internet for economic growth, several governments throughout the world are launching large-scale initiatives to support or subsidize the construction of broadband networks in underserved locations. Although these programs traditionally prefer wired solutions, they are becoming more technology-agnostic as long as the service meets minimal performance requirements. In the United States, for example, the FCC's Rural Digital Opportunity Fund (RDOF) distributed USD 9 billion to a diverse group of wired, fixed wireless, and satellite providers. The United Kingdom's £1.2 billion Project Gigabit, which intends to provide gigabit-capable internet to at least 85% of the United Kingdom residences by 2025, is being pressed to investigate wireless possibilities. The European Union is also looking into FWA as a way to meet national broadband targets.

2. In 2023, Zain declared plans to invest SAR 1.6 billion (USD 427 million) to expand its 5G network. This expansion seeks to extend 5G coverage to 122 cities in Saudi Arabia, bringing the total number of 5G network stations to over 7,000. Nearly 45% of this new expansion will support 5G-Advanced (5G-A) technologies, focusing on accelerating deployment from 2024. Last year, the operator debuted 5G-A services, initially in Riyadh, to provide distinct FWA 2.0 services based on Red-Cap technology.

The flexibility of 5G FWA makes it particularly attractive in rural regions. Traditional broadband infrastructure deployment, particularly in rural or underserved regions, is expensive and time-consuming. 5G FWA, on the other hand, requires minimal infrastructure because it is based on wireless communication. This makes it easier and faster to deploy, dramatically improving internet availability in rural areas. In addition, 5G FWA offers a competitive alternative to traditional broadband in metropolitan areas, giving users additional options and perhaps driving down prices owing to greater competition. Thus, increasing adoption has driven the 5G fixed wireless access market growth in recent years.

5G network launches in Sub-Saharan Africa in 2023



In Africa, where traditional wired infrastructure struggles to reach remote areas, Fixed Wireless Access technology has emerged as a game-changer. Fixed wireless access has emerged as a viable alternative to traditional fixed broadband, with 116 operators globally launching commercial 5G FWA services. In Africa, 30 operators in 17 markets have launched commercial 5G services, with 14 providing 5G FWA. South Africa currently stands as the most significant Fixed wireless access market in Africa, marked by competitive pricing attributed to market competition, although still not reaching the vast potential customer base. While fiber pricing is also becoming more competitive, particularly in South Africa with the launch of prepaid pay-as-you-go services catering to low-income users, the adoption of FWA in the rest of Africa holds tremendous potential throughout the forecast period. Hence, the region is expected to generate substantial revenue during the forecast and make it a lucrative region for investors.



According to Nokia, the FWA adoption across the Middle East and Africa (MEA) region is expected to reach 23 million subscribers by 2027, predominantly propelled by countries in Southern Africa. Notable advances in FWA technology, such as successful 4G/5G FWA network slicing experiments in Kenya and projects in Senegal to develop digital education ecosystems using FWA technology, demonstrate FWA's ability to overcome Africa's digital divide. Besides that, Huawei's position in Africa's 5G fixed wireless access market is significant for its engagement with operators such as Telkom South Africa to develop innovative solutions.

Since 2014, when Telkom South Africa deployed Huawei's WTTx technology, the business has played an important role in expanding internet services to underdeveloped regions, mostly helping low-income sectors. This collaboration has expanded to encompass the launch of 5G FWA services in several locations, demonstrating Huawei's leadership in developing advanced connectivity solutions across the continent. With various operators in Sub-Saharan Africa offering commercial 5G FWA services, Huawei's experience and partnership demonstrate its commitment to tackling connectivity difficulties in both urban and rural populations. Additionally, initiatives like offering FWA connectivity to schools in Senegal highlight Huawei's broader impact in leveraging technology to enhance educational opportunities and bridge the digital divide in Africa. These all factors support the 5G fixed wireless access market size during the forecast period.
5G Fixed Wireless Access Market Dynamics:
The Rapid Integration Of 5G FWA With Other Technologies, Such As The Internet of Things (IoT) And Artificial Intelligence (AI)
Artificial Intelligence (AI) and the Internet of Things (IoT) are two of the most popular technologies all across the world. AI refers to machines' capacity to learn and make data-driven judgments, whereas IoT refers to the interconnectedness of devices and systems for data collection and sharing. 5G FWA is increasingly adopting AI and IoT devices. 5G FWA's low latency and high-speed connection make it perfect for IoT applications like smart agriculture, smart cities, and industrial automation. Moreover, the combination of 5G FWA with AI technology allows sophisticated analytics, automation, and autonomous decision-making, opening up new opportunities for industries such as manufacturing, logistics, and transportation. Thus, this attracts consumers and increases the 5G Fixed Wireless Access market revenue by providing seamless, high-speed connectivity essential for advanced IoT applications. As industries and consumers increasingly adopt AI-driven solutions for efficiency and innovation, the demand for robust 5G FWA networks continues to grow, further driving 5G Fixed Wireless Access market growth all across the world.

5G Fixed Wireless Access significantly enhances AI capabilities across various sectors by providing the necessary infrastructure for seamless, high-speed data transmission. Thus the integration of AI witnessed a rapid growth rate, thereby driving the global 5G fixed wireless access market growth. This transformative technology facilitates the collection and analysis of vast amounts of data in real time, which is crucial for AI applications that rely on immediate data processing. In healthcare, 5G FWA supports telemedicine and remote patient monitoring, allowing for nearly real-time video consultations and continuous data transmission from medical devices. This ensures timely and effective care, improving patient outcomes and operational efficiency.

In addition, 5G FWA's robust connectivity is revolutionizing industries such as manufacturing and retail by supporting the Industrial Internet of Things (IIoT) and enabling smart factory initiatives. Manufacturers benefit from enhanced operational continuity and reduced costs associated with deploying wired infrastructure. Moreover, 5G FWA is instrumental in smart city projects, supporting applications like intelligent traffic management and enhanced public safety systems. The technology's ability to handle large data volumes with minimal latency ensures efficient operation of smart city infrastructure. As the 5G fixed wireless access industry continues to expand, its impact on AI and other technological advancements is expected to drive unprecedented industry transformations.

Growing Smart Home Devices Penetration Rate

The increasing popularity of smart homes and smart home devices demands high-speed broadband connectivity, thereby driving the 5G fixed wireless access market growth at a rapid pace. According to the MMR analysis, only 40% of US homes had smart home technologies in 2021 and it is expected that over half of the United States consumers are expected to adopt smart home technology by 2025. This translates to a 42% increase in smart home adoption in only four years. North America is the biggest market for smart homes, followed by Asia-Pacific (29%), and Western Europe (18%). Smart home security systems, in particular, are propelling growth in the US industry. In Europe, which is a few years behind in terms of market penetration and maturity, there were 111.9 million smart home systems by the end of 2019, in 40.3 million smart houses, accounting for 17.4% of all households.



Emerging economies such as Japan, South Korea, India, etc. are offering lucrative demand for smart home devices. For example, in India, there are approximately 13.15 million smart homes in 2023. The spike is being supported by rising urbanization, growing disposable income of consumers, and increasing investment in smart devices by key participants in the Indian industry. Moreover, growing consumer interest in smart home technology due to increasing government initiatives and support in the form of funds for promoting smart city development is expected to positively impact India’s smart home market. According to the India Brand Equity Foundation, under Union Budget 2021-22, the Smart Cities Mission in India has been allocated Rs. 6,450 crore (USD 868 Mn.) as compared to Rs. 3,400 crore (USD 457 Mn.) in FY21.



The penetration of smart home devices all across the world is driven by the growing trend of integrating Artificial Intelligence (AI) in smart home products for smart features. Moreover, the high penetration rate of smartphones and the internet all across the world is driving the demand for connected smart home devices. Digital assistance linked with AI provides customers with hands-free and more user-friendly deployment of smart devices, considerably influencing buyer preferences. Additionally, the growing usage of virtual assistants like Siri, Google Assistant, and Alexa allows users to automate tasks using voice commands. The new capabilities of these digital assistants, such as Bluetooth speakers and hands-free channel surfing, are boosting demand for smart home appliances.

The rapid adoption of modern technologies, such as the Internet of Things (IoT), blockchain, smart voice recognition, and AI, is significantly increasing the smart home device penetration rate all across the world. Thus, increasing demand for smart home devices eventually increases the need for high broadband speed. As smart home devices proliferate and require robust connectivity to function optimally, the necessity for reliable, high-speed 5G FWA solutions becomes essential. As a result, the 5G Fixed Wireless Access Market is poised for significant growth, driven by the integration of advanced technologies and increasing consumer adoption during the forecast period.

Increasing Integration of 5G & Wi-Fi 7 Offers Benefits For Both Operators And Subscribers

Increasing integration of 5G with Wi-Fi 7 in CPE devices provides a future-proof solution that accommodates next-generation internet applications, from high-definition video streaming and conferencing to immersive online gaming or augmented and virtual reality experiences. This is expected to be a key opportunity driving the global 5G fixed wireless access market growth. For service providers, combining 5G and Wi-Fi 7 in CPE devices simplifies broadband service rollout and maintenance. It removes the need for substantial physical infrastructure, saving time and money on cable or fiber installations, while dramatically increasing signal dispersion among linked devices, lowering calls to their helpdesk. Moreover, 5G's capacity to deliver fast and uninterrupted Internet service means that users always have access to the most recent features and security upgrades from their operators. Thus, the adoption of 5G FWA is expected to witness a rapid growth rate, thereby supporting the 5G fixed wireless access market size during the forecast period.

Leading Companies For Wi-Fi 4,5,6, And 7 Standards Contributions Worldwide As Of 2021



Characteristic
Wi-Fi 4 Standards Contribution
Wi-Fi 5 Standards Contribution
Wi-Fi 6 Standards Contribution
Wi-Fi 7 Standards Contribution
Total Wi-Fi Standards Contribution


Huawei (CN)
1
5
96
257
359


Qualcomm (US)
21
1
153
171
346


Intel (US)
70
7
92
106
275


Broadcom (US)
47
4
36
52
139


LG (KR)
0
3
19
112
134


MediaTek (TW)
0
3
44
50
97


Marvell (US)
40
1
38
4
83


Samsung (KR)
1
6
14
61
82


NXP (NL)
1
0
6
57
64


NTT (JP)
1
2
38
2
43


ZTE (CN)
0
1
16
24
41


Newracom (US)
0
0
38
2
40


Ericsson (SE)
0
0
7
30
37



Indeed, Wi-Fi 7 has numerous significant improvements, such as faster data speeds, lower latency, and increased dependability, making it a perfect complement to 5G technology. Wi-Fi 7 supports Multi-User MIMO, MLO, and enhanced OFDMA for optimal spectrum usage, allowing numerous devices to connect at the same time without losing performance. Wi-Fi 7's enhanced beamforming and broader channel bandwidths allow for a considerable reduction in dead zones within homes and workplaces. When combined with the speed of 5G, this integration enables a more stable, consistent, and fulfilling connection throughout the premises, improving user experiences, particularly in situations with high connectivity demand. This collaboration between 5G and Wi-Fi 7 assures that the bottleneck previously encountered between the broadband connection to the home and the distribution of Wi-Fi within it is reduced, if not removed entirely. Hence, this is expected to increase the demand for 5G FWA and support the global 5G fixed wireless access market growth.
5G Fixed Wireless Access Market Regional Insights:
Asia Pacific region is expected to hold a significant share and offer lucrative growth opportunities in the global 5G fixed wireless access market during the forecast period. The APAC region is home to the fastest growing and leading industrialized countries such as China, South Korea, India, Japan, etc. China and India are expected to be the leading countries in the Asia Pacific 5G fixed wireless access market during the forecast period as they have the highest number of 5G subscribers. China is forecast to bring massive scale into the global mix, with the mainland expected to account for 30%, or 400 million, of the 1.3 billion global 5G subscribers predicted by 2025. It is also expected that the 5G adoption in Japan and South Korea is expected to reach 50% of total mobile subscribers at that time. Southeast Asia has emerged as a market leader for 5G FWA adoption in Asia-Pacific. Globe Telecom Inc. of the Philippines was the first in the region to introduce 5G FWA in June 2019. Other carriers within the region have already followed the trend, with some preferring to launch 5G FWA before 5G mobile, such as PLDT Inc. and Dito Telecommunity in the Philippines, PT Telekomunikasi Selular in Indonesia, and Advanced Info Service PCL and True Move Co. Ltd in Thailand.



The rise in 5G rollouts and an increased focus on addressing Southeast Asia’s digital divide are expected to be the major factors driving the Southeast Asian 5G fixed wireless access market growth. However, the primary driver is the growing demand for broadband access throughout the region to support the region's increasing reliance on digital communication. As a result, FWA action is expected to be focused in areas such as Indonesia, the Philippines, and Malaysia, where fixed-line broadband penetration is less than 50%. By contrast, there’s less demand for FWA in places like Thailand and Vietnam, which have more widespread fiber availability. Indonesia and the Philippines are particularly interested in FWA since they are archipelagos with difficult topography. Operators such as Telkomsel, PLDT/Smart, and Globe Telecom have already introduced 5G FWA services in these economies. Given the region's low Fixed Broadband (FBB) subscriber rates, such as in Indonesia, the Philippines, and Malaysia, wireless connection options like FWA and SatCom are perfect for reaching out to underserved and remote populations. As Southeast Asian economies improve their network infrastructure and embrace 5G services, FWA deployment is going to become more scalable. Meanwhile, significant SatCom broadband providers such as Starlink, Kacific, and Thaicom are expected to work together to expand the region's SatCom connection services throughout Southeast Asia.

While the Philippines is expected to witness a substantial decrease in FWA services through 2024, the country has enormous potential for SatCom, according to the MMR analysis. It is expected to be the largest Southeast Asian market for SatCom broadband, with 909,000 customers by 2028. Following that, Indonesia and Thailand are expected to have the greatest potential to narrow the digital gap using FWA and SatCom technologies, with a combined 3.17 million FWA and 2.58 million SatCom subscribers by 2028. These areas, notably the Philippines and Indonesia, have difficult terrain and little infrastructure for deploying fixed broadband. These nations also have more than 40% rural populations, indicating SatCom and FWA's ability to reach them. With the SEA region's increasing GDP, people have more disposable income to spend on wireless connectivity options. Furthermore, with the approaching 3GPP Release 19 in 2024, the focus on 5G commercial deployments, notably 5G-Advanced and Massive MIMO, is expected to have an influence on FWA. These factors are further expected to increase the revenue share of the 5G fixed wireless access market in Asia Pacific during the forecast period.
5G Fixed Wireless Access Market Scope: Inquire before buying



Global 5G Fixed Wireless Access Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 31.42 Bn.


Forecast Period 2024 to 2030 CAGR:
39.8%
Market Size in 2030:
US $ 327.91 Bn.


 Segments Covered:
by Offering
Hardware
Services


by Demography
Urban
Semi-Urban
Rural


by Operating Frequency
Sub 6 GHz
24-239 GHz
Above 39 GHz


by Application
Residential
Commercial
Industrial
Government



5G Fixed Wireless Access Market, by Region:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Leading 5G Fixed Wireless Access Market Key Players:
1. Huawei Technologies Co., Ltd.
2. Telefonaktiebolaget LM
3. Ericsson
4. Nokia
5. Inseego Corp.
6. Qualcomm Technologies, Inc
7. Intel Corporation
8. MediaTek Inc.
9. COMMSCOPE
10. Verizon Communications Inc.
11. Samsung Electronics
12. Siklu Communication
13. Vodafone (UK)
14. CableFree (UK)
15. Mimosa Networks, Inc.,
16. Cisco Systems, Inc.,
17. Cohere Technologies, Inc.
18. Arqiva, Cellular South, Inc.
19. Orange S.A.
20. Arqiva, Cisco Systems, Inc.

FAQs:
1. What are the growth drivers for the 5G Fixed Wireless Access market?
Ans. The increasing demand for high-speed internet in remote areas, advancements in 5G technology, rising adoption of connected devices, and the need for efficient and reliable home broadband solutions are expected to be the major drivers for the 5G Fixed Wireless Access market.

2. What are the factors restraining the global 5G Fixed Wireless Access market growth during the forecast period?
Ans. High deployment costs, limited spectrum availability, and infrastructure challenges are expected to be the major factors restraining the global 5G Fixed Wireless Access market growth during the forecast period.

3. Which region is expected to lead the global 5G Fixed Wireless Access market during the forecast period?
Ans. North America is expected to lead the global 5G Fixed Wireless Access market during the forecast period.

4. What is the projected market size and growth rate of the 5G Fixed Wireless Access Market?
Ans. The 5G Fixed Wireless Access Market size was valued at USD 31.42 Billion in 2023 and the total 5G Fixed Wireless Access revenue is expected to grow at a CAGR of 39.8% from 2024 to 2030, reaching nearly USD 327.91 Billion by 2030.

5. What segments are covered in the 5G Fixed Wireless Access Market report?
Ans. The segments covered in the 5G Fixed Wireless Access market report are Offering, Demography, Operating Frequency, Application, and Region.