The Business Research Company’s 5G Fixed Wireless Access Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The 5G Fixed Wireless Access Global Market Report 2023 evaluates 5g fixed wireless access market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global 5g fixed wireless access market is expected to grow from $40,287.19 million in 2027 at a rate 67.3%. The market is then expected to grow at a CAGR of 6.3% from 2027 and reach $54,718.47 million in 2032.
Increasing internet penetration in both rural and urban areas is expected to drive the growth of the 5G fixed wireless access market going forward. With an increase in accessible technology and contending providers, broadband internet is accessible for many consumers who have made the switch, after being frustrated by slow dial-up connections. For example, in October 2022, according to DataReportal, a Singapore based online reference library, a total of 5.07 billion people around the world used the internet, equivalent to 63.5 % of the world’s total population. Internet users continue to grow too, with the data indicating that the world’s connected population grew by more than 170 million in the past 12 months. Additionally, in July 2022, according to Livemint, an Indian financial daily newspaper, there were a total of 692 million active internet users in India, including 351 million from rural India and 341 from urban Indian. The report estimates that there will be 900 million internet users in India by 2025. Therefore, increasing internet penetration is expected to propel the growth of the 5G fixed wireless access market.
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The 5g fixed wireless access market segments in the report are:
1) By Offering: Hardware; Services
2) By Demography : Urban; Semi-Urban; Rural
3) By End User: Residential; Commercial; Industrial; Government
The table of contents in TBRC’s 5g fixed wireless access market report includes:
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