Fixed Wireless Access (FWA) involves the provision of internet services by using mobile networks to users that are situated in a fixed location, FWA based on LTE and WiMAX technology has been around for two decades, but its speed is not nearly as fast as the other broadband solutions such as fiber. Fortunately, with the advancement in 5G, the gigabit speed can be achieved by using indoor or outdoor Customer Premises Equipment (CPE). Usually, an outdoor CPE is mounted on the rooftop to receive signals from 5G Access Points over a long distance, by using the mmWaves Beamforming technology.

The benefits associated with 5G FWA such as ultra-low latency, a fraction of the cost of fiber, reusability of infrastructure, and fast deployment enable Service Providers to offer ultra-high-speed broadband connectivity to home and business customers, especially in rural and suburban areas where laying down fiber is costly, or not possible.

The global 5G Fixed Wireless Acess (FWA) market was valued at $1,613.2 million in 2020 and is estimated to reach $9,159.5 million by 2028, registering a CAGR of 24.2% from 2021 to 2028.

Factors that drive the market growth involve, rising demand for high-speed internet connectivity, government support for rural connectivity, and rising adoption of M2M and IoT. Other factors that boost the market growth involve; an increase in investment for 5G projects across the globe, and increasing demand for home video streaming Services.

However, the high cost associated with the infrastructure and CPE devices, and rising demand for satellite-based internet services are expected to hamper the market growth.

The report also presents a detailed quantitative analysis of the current market trends and future estimations from 2021 to 2028.

The forecasts cover 2 Component Types, 3 End User Types, 3 Applications Types, 3 Demography Types, and 5 Regions.

The report comes with an associated file covering quantitative data from all numeric forecasts presented in the report.

The report has the following key findings:

• The global 5G Fixed Wireless Access market accounted for $1,613 million in 2020 and is estimated to reach $9,159.5 million by 2028, registering a CAGR of 24.2% from 2021 to 2028.

• The global 5G FWA connections are estimated to reach 135 Million by the end of 2028.

• The global 5G FWA Customer Premises Equipment (CPE) shipments are estimated to reach 36 Million units by the end of 2028.

• Among the Application type, the Broadband Internet segment is expected to continue its dominance throughout the forecast period.

• North America dominated the global 5G FWA market in 2020 and is projected to continue its dominance in the future. Although the Asia Pacific and MEA regions are expected to grow at the highest pace.

The report covers the following topics:

• Market Drivers, Restraints, and Opportunities

• Key Market Trends in 5G FWA

• Porter Five Forces Analysis

• COVID-19 impact on the 5G FWA Market

• Analysis of by Component Type, End-User Type, Application, Demography, and Region

• 25 Company Profiles, Financial overview, and Key Strategies

• Market analysis and forecasts from 2017 to 2028

• Conclusion