This document provides a market research report on the 5G fixed wireless access (FWA) market from 2018 to 2023. It finds that: 1) The global 5G FWA market was valued at $400 million in 2018 and is expected to reach $7.5 billion by 2024, growing at a compound annual growth rate of 70.75% as 5G networks launch. 2) Growth is driven by increasing demand for FWA solutions from wireless internet service providers, businesses, and homes as well as numerous applications across enterprises, corporations, and governments requiring seamless connectivity. 3) North America represents the largest market currently but Europe and Asia Pacific are also major regions driven by adoption of connected

1. 5g fwa market Research Report By Forecast
2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
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5g fwa market Forecast To 2023
The global 5g fwa market had touched the valuation of USD 400 million in 2018 and is expected to expand to the size
of USD 7,553.87 million by 2024, reports Market Research Future (MRFR). It could obtain a CAGR of 70.75% during
the forecast period (2018-2024).
Growth Boosters and Key Barriers
The impending launch of 5G networks has made way for the unprecedented growth of the 5g fwa market in the next
couple of years. Some sources are of the view that the first commercial 5G network is going to be fixed wireless
network type and will be using mmWave spectrum bands. This factor is likely to establish favorable grounds for the
expansion of the 5g fwa market in the coming years.
5g fwa market Forecast To 2023

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5g fwa market Forecast To 2023
• FWA solutions enjoy immense demand in Wireless ISPs (WISPs) applications along with business & residential
applications across developed countries. The rising number of applications could spur revenue potential of the
market in the near future. Moreover, 5G fixed wireless access solutions find numerous applications across
enterprises, corporation and governments, along the lines of surging demand for seamless connectivity, for
primary and backup broadband. Apart from this, 5G fixed wireless access solutions find strong demand among the
mobile operators combined with the accelerated need to offer backhaul for several mobile cell sites. Considering
all the aforementioned points, the increasing penetration of FWA networks is undeniable, which could provide
sustained opportunities for companies of 5G fixed wireless access solutions.
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5g fwa market Forecast To 2023
Global 5g fwa market Segmented on the basis of
The worldwide market for 5G fixed wireless access has been segmented with respect to the offering,
territory, application, and region.
Depending on the offering, the market has been split into hardware and services.
Territory-wise, the market has been segregated into urban, semi-urban, and rural.
With context to the application, the market is considered for residential, commercial, industrial, and
government.

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5g fwa market Forecast To 2023
Global 5g fwa market - Geographical Analysis
The 5g fwa market is spread across the primary regions of Asia Pacific, North America, Europe, along with the rest
of the world (RoW).
North America has been identified as the largest market for 5G fixed wireless access, with respect to revenue as
well as an investment-making standpoint. With the United States (US) and Canada at the vanguard of the market
growth, North America boasts of the most engaged consumer base for 5G fixed wireless access compared to other
regions. The region’s expected status quo of 5g fwa market is projected to remain unabated and could expand
further with the surge in the present customer base.
The Europe market stands second in the worldwide market, in response to the rising adoption of connected
devices like laptops, smartphones, smart devices, for residential and commercial applications. Also, soaring
demand for high-speed internet connectivity coupled with the surging adoption of advanced technologies like the
Internet of Things (IoT) millimeter-wave would benefit the regional market in the forthcoming years.
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5g fwa market Forecast To 2023
Global 5g fwa market - Competitive Analysis
• Significant players shaping the worldwide 5g fwa market include Cellular South, Inc. (C Spire) (US), AT&T Inc. (US),
Huawei Technologies Co., Ltd (China), Mobile Telephone Networks (MTN) (South Africa), Verizon Communications
Inc. (US), Samsung Electronics (South Korea), Telefonaktiebolaget LM Ericsson (Sweden), Mimosa Networks, Inc.
(US), Cisco Systems, Inc. (US), Cohere Technologies, Inc. (US), Arqiva (Hampshire), Siklu Communication, Ltd
(Israel), Orange SA (France), United States Cellular Corporation (US), Telefónica (Spain), Telus Corporation
(Canada), Swisscom (Switzerland), Hrvatski Telekom (Croatia), Qualcomm Technologies (US), Nokia Corporation
(Finland), to name a few.
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