5G Fixed Wireless Access Market Size Worth US$ 712.85 Billion By 2032 | CAGR: 39.0%

The global 5G fixed wireless access market size is expected to reach USD 712.85 billion by 2032, according to a new study by Polaris Market Research. The report “5G Fixed Wireless Access Market Size, Share, Trends, Industry Analysis Report: By Offering (Hardware, Services), By Frequency, By Demography, By Application, and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) – Market Forecast, 2024 - 2032.” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The 5G fixed wireless access market is experiencing rapid growth, mainly attributed to the rising demand for private networks from businesses requiring secure and dependable connectivity. 5G fixed wireless access allows enterprises to establish private networks that are more adaptable and simpler to implement.

The combination of 5G fixed wireless access with edge computing is transforming industries such as healthcare, manufacturing, transportation, logistics, and energy by generating new applications for smart cities and homes.

The key market players are collaborating in the ongoing advancements in the 5G fixed wireless access market to expand their services and product portfolios. For instance, in February 2023, Telkomsel, Ericsson, and Qualcomm collaborated for a 5G-based fixed wireless access technology trial, utilizing the allocated 3.5 GHz and 26 GHz frequency spectrum by the Indonesian Ministry of Communications and Informatics.

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In recent years, the semi-urban segment has demonstrated rapid adoption of 5G fixed wireless access due to the uptake of online education and e-commerce among consumers seeking improved services. The 5G fixed wireless access solutions offer a dependable and rapid internet connection.

Further, businesses are increasingly depending on cloud-based services owing to the rising acceptance of video conferencing solutions, driving the need for high-speed internet. 5G fixed wireless access fosters a more interconnected and streamlined environment, enabling the automation of tasks and enhanced user experience, driving market expansion.

5G Fixed Wireless Access Market Report Highlights

• The services segment dominated the market, owing to the increasing need for internet connectivity due to the rising number of data-intensive applications and the emergence of the Internet of Things (IoT) professional services.
• The residential category dominated the market, mainly attributed to the telecom operators that are expanding their coverage and improving network reliability for streaming, gaming, remote work, and smart home applications.
• In 2023, the North America region dominated the 5G fixed wireless access market owing to the technological advancements and latest launches in 5G infrastructure.
• The Asia-Pacific region is expected to grow at the fastest CAGR in the market due to the expanding population and increasing uptake of 5G technology.
• The global key market players include CommScope; Ericsson; Huawei Technologies Co., Ltd.; Inseego Corp.; Intel Corporation; MediaTek Inc.; Qualcomm Technologies Inc.; Samsung, Verizon Communications Inc.; and Vodafone.

Polaris Market Research has segmented the 5G fixed wireless access market report based on offering, frequency, demography, application, and region:

5G Fixed Wireless Access – Offering Outlook (Revenue - USD billion, 2019 - 2032)

• Hardware

• Access Units
  • • Pico Cells
    • Femto Cells
• Customer Premises Equipment (CPE)
  • • Outdoor CPE
    • Indoor CPE

• Services

5G Fixed Wireless Access – Frequency Outlook (Revenue - USD billion, 2019 - 2032)

• Above 39 GHz
• Sub-6 GHz
• 24-39 GHz

5G Fixed Wireless Access – Demography Outlook (Revenue - USD billion, 2019 - 2032)

• Rural
• Semi-Urban
• Urban

5G Fixed Wireless Access – Application Outlook (Revenue - USD billion, 2019 - 2032)

• Government
• Commercial
• Residential
• Industrial

• Oil & Gas
• Utility
• Mining
• Others

5G Fixed Wireless Access, Regional Outlook (Revenue - USD billion, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Rest of Europe

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Australia
• Vietnam
• Malaysia
• Rest of Asia Pacific

• Latin America

• Argentina
• Brazil
• Mexico
• Rest of Latin America

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa
• Rest of Middle East & Africa

5G Fixed Wireless Access Report Scope