5G Fixed Wireless Access (FWA) Market to be worth around USD 23,291.5 Million by 2025 with CAGR of 97.4% by 2025 - Zion Market Research

As per the U.S government, nearly thirty million U.S. residents do not have high speed internet access and hence the U.S. administration has focused on supporting US$ 1.2 trillion infrastructure plan and has allotted funds worth nearly USD 65.1 billion for reinforcing digital infrastructure in the country. Hence, requirement of high speed internet for over 80 million internet users in the U.S. has culminated into need for deploying next-generation fixed wireless access networks aided by novel mm Wave-driven fixed wireless access systems. This is projected to steer growth of 5G fixed wireless accesses (FWA) market within span of few years.
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As per the U.S government, nearly thirty million U.S. residents do not have high speed internet access and hence the U.S. administration has focused on supporting US$ 1.2 trillion infrastructure plan and has allotted funds worth nearly USD 65.1 billion for reinforcing digital infrastructure in the country. Hence, requirement of high speed internet for over 80 million internet users in the U.S. has culminated into need for deploying next-generation fixed wireless access networks aided by novel mm Wave-driven fixed wireless access systems. This is projected to steer growth of 5G fixed wireless accesses (FWA) market within span of few years.

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High Speed, Seamless, Strong, and Secured Network Connectivity Demand To Drive Market Growth

Expansion of 5G fixed wireless access (FWA) market over forecast timeline can be attributed to huge demand for next-gen 5G fixed wireless access network systems embedding ultra-fast millimeter wave technology in both metro cities as well as rural areas in developed countries such as the U.S. In addition to this, with smart city concept gaining momentum across globe, the market for 5G fixed wireless access (FWA) is projected to gain traction in the years to come. Apart from this, 5G fixed wireless access based on ultra-fast millimeter wave technology can provide ultra-high speed broadband solutions to customers and can be most preferred alternative to any other kind of fixed-line broadband services in years to come. With mmWave technology becoming a buzzword for wireless internet service providers and FWA systems, the 5G fixed wireless access (FWA) market size is projected to witness a geometric leap over forthcoming years. Also, 5G fixed wireless access (FWA) makes use of standard 3GPP protocol for delivering ultra-high speed broadband services to residential customers & commercial enterprises, thereby prompting expansion of 5G fixed wireless access (FWA) industry over forecast timespan. Network infrastructure domain is on cusp of new revolution due to massive need for high speed internet connectivity and this will facilitate growth of 5G fixed wireless access (FWA) industry over ensuing years.

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North American Market to Garner Huge Returns By 2025

With customers in countries such as the U.S. preferring 5G FWA over fixed-line DSL, fiber, and Cable, growth of 5G fixed wireless access (FWA) market in North America is slated to accelerate assiduously in next few years. Additionally, massive funding by the U.S. administration in Network Infrastructure sector for improving speed & network connectivity to boost productivity of employees working from home will add to earnings of 5G fixed wireless access (FWA) market over years ahead. Efforts made by players based in countries such as the U.S. and Canada to offer secured, robust, and seamless internet connection & bandwidth to residential, industrial, and commercial spaces will embellish growth of 5G fixed wireless access (FWA) business in North America.

Key players profiled in study include United States Cellular Corporation,Samsung Electronics, Hrvatski Telekom, Qualcomm Technologies, Nokia Corporation, Swisscom, Mimosa Networks, Huawei, Cohere Technologies, TELUS Corporation, Ericsson, Arqiva, Siklu Communication, Cellular South, Orange, Mobile Telephone Networks, Telefonica, and Verizon Communications.

This review is based on a report by Zion Market Research, titled, "Global 5G Fixed Wireless Access (FWA) Market-By Offering (Hardware and Services), By Demography (Urban, Semi-Urban, and Rural), By Application (Internet of Things, Broadband Internet, Pay TV, and Others), and By End-User (Residential, Commercial, Industrial, and Government): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020–2025."

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This report segments the global 5G fixed wireless access (FWA) market into:

5G Fixed Wireless Access (FWA) Market to be worth around USD 23,291.5 Million by 2025 with CAGR of 97.4% by 2025 - Zion Market Research

By Offering

By Demography

By Application

By End-User

By Region

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