Fixed Wireless Access FWA Market Report 2024 (Global Edition)

Global Fixed Wireless Access FWA Market Report 2024 Market Size Split by Offering (Hardware, Services), by Application (Residential, Commercial, Industrial, Government), by Demography (Urban, Semi-Urb...

Fixed Wireless Access FWA Market Report Description

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Competitive Landscape of the Fixed Wireless Access FWA Market

Key players deploy strategic initiatives such as product innovations, partnerships, and mergers. Companies prioritize R&D to introduce cutting-edge reagents, ensuring a competitive edge. Robust distribution networks and adherence to quality standards amplify market presence, fostering an environment where agility and innovation define industry leaders.

In June 2023, Nokia announced the release of the FastMile 5G receiver, a fixed wireless access point for the North American market. This receiver provides underserved suburban and rural populations with high-speed internet via a high-gain antenna.

Fixed Wireless Access FWA Industry News

(Source: https://www.nokia.com/about-us/news/releases/2023/06/28/nokia-launches-high-gain-5g-fixed-wireless-access-receiver-to-connect-the-north-american-underserved/)

In November 2022, A fixed wireless access network was transformed by the merger of NBN Co Limited and Ericsson. 10-year collaboration was established by Ericsson and the firm that oversees Australia's national broadband infrastructure largely to secure the supply of next-generation 5G technology, which would improve coverage and speed over the fixed wireless access section of the network. 

(Source:https://www.ericsson.com/en/press-releases/2022/11/major-boost-for-australias-digital-backbone-as-nbn-co-selects-ericsson-for-fixed-wireless-access-network-upgrade)

Top Companies Market Share in Fixed Wireless Access FWA Industry: (In no particular order of Rank)

• Huawei Technologies Co. Ltd.
• Nokia Corporation
• AT&T Inc.
• Verizon Communications Inc.
• Qualcomm Technologies Inc.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Fixed Wireless Access FWA Market

Which Region Dominates the Fixed Wireless Access FWA Market Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The market is expanding due to the rising demand for high-speed internet access and the expanding use of cutting-edge technologies like machine-to-machine (M2M) and the Internet of Things (FWA) in 5G FWA. The market expansion for 5G fixed wireless access will be positively impacted by the developing 5G evolution, the increasing use of smartphones, and both commercial and residential applications including video conferencing, remote working, and distance learning. For the development of 5G infrastructure and other technological breakthroughs, mobile network operators and hardware manufacturers are increasingly collaborating, which will present growth prospects for the 5G fixed wireless access market.

Which Region is Expanding at the Fastest CAGR?

The Asia Pacific region is witnessing as the growing demand for high-speed internet access as well as the growing use of cutting-edge technologies like millimeter-wave and Internet of Things (IoT) in fixed wireless access (FWA). In addition, there will probably be a greater need for high-speed internet connectivity due to the trend towards remote employment and online education. This is expected to encourage further growth in the FWA market as solution providers keep looking for affordable ways to meet the growing demand for high-speed internet access.

The current report Scope analyzes Fixed Wireless Access FWA Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Fixed Wireless Access FWA

According to Cognitive Market Research, the global Fixed Wireless Access FWA market size was estimated at USD XX Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 38.5% from 2024 to 2031. As the number of connected devices has expanded, so has the demand for internet access among homes. Furthermore, in many emerging economies, wearable technology has advanced, which has increased the demand for greater wireless internet access. Moreover, the decade-long steady advancement of wireless broadband technology has kept up with standards standards developments established by the Institute of Electrical and Electronics Engineers (IEEE). In order to increase network throughput in terms of maximum speed and transmission capability, these standards have been updated. Due to these improvements, the market has grown tremendously as a result of the companies in it being able to successfully meet client demand.

• According to Cognitive Market Research, the US had a major share in the Fixed Wireless Access FWA market with a market size of USD XX million in 2024 and is projected to grow at a CAGR of 38.3% during the forecast period due to the faster internet and higher bandwidth pursuing innovation.
• The Canada Fixed Wireless Access FWA market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 39.3% during the forecast period due to the advancement of wireless broadband technology.

• The Mexico Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 39.0% during the forecast period with a market size of USD XX million in 2024.

Europe Fixed Wireless Access FWA

According to Cognitive Market Research, with a market value of USD XX million in 2024 and projected to expand at a compound annual growth rate (CAGR) of 38.8% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD XX million. The need for fixed wireless access with effective connectivity is being driven by consumers' growing desire for quicker internet connectivity due to the prominence of data sizes and the increase in the number of devices connected to them. Moreover, during the projected period, it is anticipated that the growing number of connected devices. The demand in the market under study is also fueled by the increasing use of smart home architecture globally, which includes voice control, seamless connectivity, and remote access.

• The United Kingdom Fixed Wireless Access FWA market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 39.6% during the forecast period due to the increasing emphasis on and application of smart homes utilising smart gadgets.
• The France Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 38.0% during the forecast period with a market size of USD XX million in 2024.

• According to Cognitive Market Research, the Germany Fixed Wireless Access FWA market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 39.0% during the forecast period due to the increasing use of smart home architecture.
• The Italy Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 38.2% during the forecast period with a market size of USD XX million in 2024.
• The Russia Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 37.8% during the forecast period with a market size of USD XX million in 2024.
• The Spain Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 37.9% during the forecast period with a market size of USD XX million in 2024.
• The Luxembourg Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 38.9% during the forecast period with a market size of USD XX million in 2024.
• The Portugal Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 38.6% during the forecast period with a market size of USD XX million in 2024.
• The Greece Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 39.1% during the forecast period with a market size of USD XX million in 2024.
• Rest of Europe Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 37.5% during the forecast period with a market size of USD XX million in 2024.

Asia Pacific Fixed Wireless Access FWA

According to Cognitive Market Research, the global Fixed Wireless Access FWA market size was estimated at USD XX Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 42.3% from 2024 to 2031. Businesses are heavily investing in fixed wireless connections as a result of the constantly growing demand for high-speed internet connections. In addition to providing high-speed internet, fixed wireless connections enable consumers in underserved areas to utilise the service. Due to their proximity deployment to end users, small cells used in fixed wireless solutions have inherent advantages in the Internet of Things.

• According to Cognitive Market Research, the China Fixed Wireless Access FWA market size was valued at USD XX million in 2024 and is projected to grow at a CAGR 41.8% during the forecast period as the a notable surge in the use of fixed wireless broadband technology and in investment. 

• The Japan Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 40.8% during the forecast period with a market size of USD XX million in 2024.
• The India Fixed Wireless Access FWA market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 44.1% during the forecast period due to the widespread small cell deployments enable operators to establish a viable Internet of Things by connecting devices to communication networks. 
• The South Korea Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 41.4% during the forecast period with a market size of USD XX million in 2024.
• The Australia Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 42.0% during the forecast period with a market size of USD XX million in 2024.
• The South East Asia Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 43.3% during the forecast period with a market size of USD XX million in 2024.
• The Rest of Asia Pacific Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 42.1% during the forecast period with a market size of USD XX million in 2024.

South America Fixed Wireless Access FWA

According to Cognitive Market Research, the global Fixed Wireless Access FWA market size was estimated at USD XX Million out of which Latin America market of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 39.7% from 2024 to 2031. Major drivers driving the segment growth include the huge and rapidly growing population, the increasing deployment of 5G technology. Increase in the demand for digital services like social media, streaming media, and online gaming. Because it can offer the high-speed internet needed for these services, FWA is a desirable choice for customers. In order to extend their product lines, major market players are making significant R&D investments, which will contribute to the market expansion for 5G fixed wireless access.

• According to Cognitive Market Research, the Brazil Fixed Wireless Access FWA market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 40.3% during the forecast period due to the growing demand for digital services and e-commerce.

• The Argentina Fixed Wireless Access FWA market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 40.6% during the forecast period due to the major market players are making significant R&D investments.
• The Colombia Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 39.5% during the forecast period with a market size of USD XX million in 2024.
• The Peru Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 39.9% during the forecast period with a market size of USD XX million in 2024.
• The Chile Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 40.0% during the forecast period with a market size of USD XX million in 2024.
• The Rest of Latin America Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 38.8% during the forecast period with a market size of USD XX million in 2024.

Middle East and Africa Fixed Wireless Access FWA

According to Cognitive Market Research, the global Fixed Wireless Access FWA market size was estimated at USD XX Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 40.0% from 2024 to 2031. Increased spending on 5G infrastructure is one of the main drivers of regional expansion. Furthermore, the government of North America is assisting in the rollout of 5G technologies by means of a number of programmes and regulations meant to enhance network infrastructure. For home users, 5G fixed wireless accesses is a great substitute because it offers speeds at a reasonable cost and doesn't require installation. Furthermore, it is not economically feasible to construct fixed broadband infrastructure in many underdeveloped nations which is anticipated to boost the market growth.

• According to Cognitive Market Research, the GCC Countries Fixed Wireless Access FWA market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 40.8% during the forecast period due to the Large-scale infrastructure investments, such as the installation of fiber-optic cables, tiny cells, and other network components.
• The Egypt Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 40.3% during the forecast period with a market size of USD XX million in 2024.

• The South Africa Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 41.0% during the forecast period with a market size of USD XX million in 2024 due to the deployment of  networks is being actively funded by a number of regional service providers and network operators. 
• The Turkey Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 39.5% during the forecast period with a market size of USD XX million in 2024.
• The Nigeria Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 39.1% during the forecast period with a market size of USD XX million in 2024.
• The Rest of MEA Fixed Wireless Access FWA market is projected to witness growth at a CAGR of 39.0% during the forecast period with a market size of USD XX million in 2024.

Fixed Wireless Access FWA Market Analysis

Fixed Wireless Access FWA Market Offering Segment Analysis

According to Cognitive Market Research, services held the major market share over the forecast period. modernization of cellular networks to meet the increasing internet demand. As data-intensive applications proliferate and the Internet of Things (IoT) grows, businesses and consumers alike are calling for faster and more dependable connectivity. 5G FWA networks are a perfect answer for fulfilling these demands because of their high bandwidth and low latency, and service providers are quickly growing their services to keep up with the demand. Apart from providing basic connectivity, service providers are now delivering value-added services including remote-accessible cloud-based services, enterprise connectivity, Internet of things services, and more. The services sector of the 5G FWA market is anticipated to expand and eventually hold a sizable market share as these services become more widely available. 

Hardware is the fastest-growing category over the forecast period. One significant trend propelling the growth of the hardware sector in the 5G Fixed Wireless Access (FWA) market is the advancement of Customer Premises Equipment (CPE) and access units. Hardware used to connect to the 5G FWA network that is housed on the customer's property, such as routers and modems, is referred to as CPE. To satisfy the demands of consumers and businesses, hardware manufacturers are investing in the development of enhanced CPE. The segment is expanding due in large part to the CPEs' capability to interface with smart home features and operate smart home appliances like lights, security cameras, and thermostats.

• Hardware
• Services

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Fixed Wireless Access FWA Industry. Request a Free Sample PDF!

Fixed Wireless Access FWA Market Application Segment Analysis

According to Cognitive Market Research, residential held a prominent market share. The primary drivers of the segment growth include the expanding use of smart home technologies, the rise in telecommuting and remote work, and the growing demand for high-speed broadband. As more people rely on internet-based services for communication, entertainment, and work, high-speed broadband is becoming more and more necessary in residential areas. For home users, 5G FWA is a desirable alternative to standard wired broadband services since it offers faster internet speeds and more dependable access. These elements are encouraging for the segment's growth during the projection period. 

Commercial operators are the fastest-growing category over the forecast period. One of the key reasons propelling the segment expansion is the increasing use of video conferencing solutions and the growing progress in IoT technologies. High-speed internet is becoming more and more necessary as businesses depend increasingly on cloud-based services. Commercial customers find 5G FWA to be an appealing alternative to traditional wired broadband services because it can offer faster internet speeds and more dependable connectivity. Additionally, as remote work becomes more prevalent, video conferencing is being used in more business settings.

• Residential
• Commercial
• Industrial
• Government

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Fixed Wireless Access FWA Demography Segment Analysis

According to Cognitive Market Research, urban held a prominent market share. The expansion of 5G FWA solutions in urban areas is primarily being driven by a variety of factors, including the expanding number of connected devices, the growing acceptance of smart city projects, and the increasing need for high-speed broadband. In urban regions, there is a noticeable surge in demand for high-speed broadband due to the growing dependence on internet-based services. Furthermore, 5G FWA solutions can handle a large number of connected devices, which is necessary for applications like the Internet of Things (IoT) and smart home automation, as the number of linked devices is predicted to expand significantly in the future years, especially in urban areas. 

Semi-urban are the fastest-growing category over the forecast period. the use of e-commerce by consumers and online learning by students to improve access to learning resources and shopping opportunities. In order to engage in virtual classrooms and access educational materials, students residing in semi-urban areas must have access to high-speed internet. Online learning requires a dependable and quick internet connection, which 5G FWA solutions can offer. Concurrently, semi-urban areas are seeing an increase in the use of e-commerce, which has led to a demand for dependable internet access, making it a great choice for customers who must shop online. Such factors bode well for the growth of the segment over the forecast period.

• Urban
• Semi-Urban
• Rural

Fixed Wireless Access FWA Operating Frequency Segment Analysis

According to Cognitive Market Research, Sub-6 GHz held a prominent market share. One of the main factors propelling the category growth is the Sub-6 GHz operating frequency's capacity to provide improved coverage across obstructions like walls and buildings and to provide better connectivity for both indoor and outdoor areas. Improved propagation characteristics of sub-6 GHz spectrum are especially relevant for indoor coverage, as higher frequency bands may not always be able to deliver a steady and dependable signal strength. Furthermore, network operators may offer high-speed, low-latency internet connectivity to remote places without requiring a substantial fibre infrastructure by utilising the Sub-6 GHz operating frequency for 5G FWA deployments. 

24-39 GHz is the fastest-growing category over the forecast period. One of the main factors propelling the segment's growth is the increasing demand for high bandwidth availability to enable improved internet access. In comparison to the Sub-6 GHz spectrum, the 24-39 GHz operating frequency offers more bandwidth, allowing it to serve more devices at once and deliver quicker internet rates. Additionally, the 24-39 GHz spectrum offers lower latency, which is why it's crucial for real-time responsive applications like online gaming and video conferencing. 

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

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Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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