5G Fixed Wireless Access Market Size by 2028 | Industry Segmentation by Type, Application, Regions, Key News and Top Com

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Market Size – USD 480 Million in 2020, Market Growth – at a CAGR of 106.3%, Market Trend –Increase in need of IoT and high-speed network connectivity

Emergen Research's new report, titled 'Global 5G Fixed Wireless Access Market,' is methodically curated by our team of analysts with readers' comprehension in mind, and includes a comprehensive database of industry distribution. The report examines historical and current market scenarios in order to forecast the global 5G Fixed Wireless Access Market outlook over the forecast period (2021-2028). Researchers took a comprehensive approach to global market analysis, highlighting the factors that influence the market's overall growth. The research employs effective analytical tools such as SWOT analysis and Porter's Five Forces to examine the strengths, weaknesses, opportunities, and threats associated with the growth of various market segments.

According to the most recent analysis by Emergen Research, the size of the global 5G fixed wireless access market is anticipated to reach USD 158.09 billion at a consistent CAGR of 106.3% in 2028. The adoption of cutting-edge technologies like Machine To Machine (M2M) and Internet of Things (IoT) connected devices is responsible for this consistent revenue increase. High-speed broadband, improved telecommunications technology like Long-Term Evolution (LTE), and growing network performance concerns all contribute to an increased focus on high-speed packet access and improved Wideband Code Division Multiple Access (WCDMA) protocol performance, which in turn has been boosting adoption of 5G fixed wireless access. Additionally, it is anticipated that this tendency would persist during the projection period.

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report are:

ATT Inc., Cellular South Inc. (Cspire), Cisco, Cohere Technologies Inc., Ericsson, Hrvatski Telekom, Huawei, Mimosa Networks Inc., Mobile Telephone Networks(MTN), Orange S.A., Qualcomm Technologies, and Samsung Electronics 

Target Audience of the Global 5G Fixed Wireless Access Market Report:

  • Key Market Players
  • Investors
  • Venture capitalists
  • Small- and medium-sized and large enterprises
  • Third-party knowledge providers
  • Value-Added Resellers (VARs)
  • Global market producers, distributors, traders, and suppliers
  • Research organizations, consulting companies, and various alliances interested in this sector
  • Government bodies, independent regulatory authorities, and policymakers

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Major Geographies Analyzed in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Market Segmentations of the 5G Fixed Wireless Access Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2021 and 2028. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global 5G Fixed Wireless Access market on the basis of product, application, and region:

Segments Covered in this report are:

  • Operating Frequency Outlook (Revenue, USD Billion; 2018–2028)
    • Sub–6 GHz
    • 24 GHz–39 GHz
    • Above 39 GHz
  • Offering Outlook (Revenue, USD Billion; 2018–2028)
    • Hardware
    • Services
  • Demographic Outlook (Revenue, USD Billion; 2018–2028)
    • Urban
    • Semi-Urban
    • Rural

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Some Key Highlights from the Report

  • In April 2021, Cellular South Inc. (C spire), which is a leading manufacturer in network connectivity, introduced a new software-defined solution that helps businesses in Mississippi, Alabama, and Tennessee upgrade application performance, reduce total cost of ownership, and simplify Wide Area Network (WAN) performance while improving traffic flow and reducing pressure on overall operations.
  • In March 2021, ATT Inc. announced plans to acquire 80MHz C-band spectrum to complement its 5G network on low-band for delivering high speeds network connectivity. The company is also expecting to add new users of HBO Max streaming service due unlimited wireless plan streaming service advantage at no extra cost, and user get free access to ATT 5G wireless network.
  • Sub–6 GHz accounted for largest revenue share in the 5G fixed wireless access market in 2020, driven by continuous improvement in communication and information exchange services, and increasing investment in 5G fixed wireless access by major players.
  • Services segment revenue growth rate is projected to incline rapidly during the forecast period, rising deployment of Artificial Intelligence solutions and robots providing services in industrial and commercial sectors are factors driving growth of this segment.
  • Semi urban segment revenue growth rate is projected to incline rapidly during the forecast period. Increasing deployment of optical fiber networks and availability of areas to build the infrastructure for 5G network setup is prompting major market players to invest in semi urban areas.
  • Residential segment accounted for largest revenue share in the 5G fixed wireless access market in 2020, which is expected to incline rapidly during the forecast period. Increasing deployment of IoT technology, WAN connectivity, low power consumption, and high-speed networks are expected to support growth of this segment.
  • North America accounted for largest revenue share contribution to the global 5G fixed wireless access market in 2020. Rising focus on technological advancements in network connectivity and increase in efficiency of connected networks are key factors driving rising deployment of 5G fixed wireless access market in the region.

Additional information offered by the report:

  • Along with a complete overview of the global 5G Fixed Wireless Access market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global 5G Fixed Wireless Access market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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