According to a new estimate by JCMR market research, global 5G fixed wireless access (FWA) revenue would reach $21.710 trillion in 2029. FWA, which is emerging as a main driver of new revenues for U.S. mobile operators and as a potential solution to the digital divide, was valued at US $296 million in 2021, according to JCMR, and is projected to grow at a CAGR of 65.6% during the forecast period (2021-2030).
The survey also identified North America, Europe, the Arabian Peninsula, South America, and the Middle East and Africa as market leaders for FWA.
ABI Research predicts that the overall number of FWA subscribers would increase from 81 million in 2021 to slightly more than 180 million in 2026, reflecting a Compound Annual Growth Rate (CAGR) of 17%. ABI Research predicts that global shipments of FWA Customer Premises Equipment (CPE) would reach 47 million per year by 2026, with 5G FWA CPE accounting for the majority of shipments in the same year.
“Quickly progressing 5G rollouts in North America and Western Europe is expected to drive the 5G FWA market as operators target to offer 5G FWA to the areas where FTTH [fiber to the home] is not covered. Considering the size of the DSL user base in North America and the low FTTH penetration in Western Europe, the opportunity for 5G FWA service is significant.”ABI Research
North America and Europe will account for roughly 60 percent of worldwide 5G FWA subscriptions by 2026.
“Fixed wireless access is cost-effective, and it has an advantage of time to market when you compare it to alternate solutions like building fiber or satellites. In those terms, it’s quick [and] economical to offer to our customers.”US Cellular’s VP of Technology Strategy and Architecture Narothum Saxena told RCR Wireless News at Mobile World Congress Las Vegas.
Source: RCR Wireless