5G FWA market to achieve $22 million in 2029: Report
In accordance with JCMR, 5G FWA was valued at US $296 million in 2021
In a brand new report, JCMR market analysis concluded that world 5G fastened wi-fi entry (FWA) rеvеnuе will rеасh а vаluе оf UЅ$ 21,710 million іn 2029. FWA, which is rising as a main driver of recent revenues for U.S. cellular operators and as a possible repair to the digital divide, was valued at US $296 million in 2021, in accordance JCMR, and is anticipated to extend at a CAGR of 65.6% over the forecast interval (2021-2029).
The report additionally indicated that North Аmеrіса, Еurоре, Аѕіа Расіfіс, Ѕоuth Аmеrіса аnd the Міddlе Еаѕt & Аfrіса as FWA market leaders.
JCMR shouldn’t be the one analysis agency exploring the potential progress of the FWS market; ABI Analysis forecasts that the entire variety of FWA subscriptions will develop from 81 million globally in 2021 to barely over 180 million in 2026, representing a Compound Annual Development Fee (CAGR) of 17%. Consequently, ABI Analysis believes that world FWA Buyer Premises Tools (CPE) shipments will attain 47 million yearly by 2026, with 5G FWA CPE making up the vast majority of shipments by the identical 12 months.
“Rapidly progressing 5G rollouts in North America and Western Europe is anticipated to drive the 5G FWA market as operators goal to supply 5G FWA to the areas the place FTTH [fiber to the home] shouldn’t be coated. Contemplating the dimensions of the DSL person base in North America and the low FTTH penetration in Western Europe, the chance for 5G FWA service is critical,” ABI Analysis acknowledged, including that mixed, North America and Europe will characterize practically 60% of world 5G FWA subscriptions in 2026.
“Mounted wi-fi entry is cost-effective, and it has a bonus of time to market whenever you examine it to alternate options like constructing fiber or satellites,” US Mobile’s VP of Expertise Technique and Structure Narothum Saxena advised RCR Wi-fi Information at Cellular World Congress Las Vegas. “In these phrases, it’s fast [and] economical to supply to our prospects.” As of September 2022, US Mobile has offered roughly 12 million households with FWA entry.