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5G FWA Market Size to Grow by US$110.76B from 2024-2028

economies like the US and Canada.
The IT sector, a major contributor in
the US, is witnessing significant expan-
sion due to the increasing imple-
mentation of IoT technology, which
necessitates 5G FWA. Vendors in North
America, including Qualcomm Tech-
nologies, Inc., are actively innovating
and developing advanced 5G FWA
technologies to cater to this growing
demand.

The 5G FWA market is driven by
the integration of edge computing,
reducing latency and enhancing
performance in industries like tele-
com, commercial sector and urban
areas. Samsung, Verizon, T3 Broad-
band, Mercury Broadband and mobile
service providers leverage mmWave
The global 5G fixed wireless access ernment) Geography (North America,
spectrum for real-time applications,
(FWA) market size is estimated to Europe, APAC, Middle East and Africa,
such as AR/VR, autonomous vehicles
grow by USD 110.76 billion from 2024- South America)
and remote healthcare. Nokia and
2028, according to Technavio. The
others enable efficient data handling
market is estimated to grow at a Market segmentation by Type
and quicker decision-making, fos-
CAGR of 35.95 percent during the The 5G FWA market represents a
tering wired broadband alternatives
forecast period. Governments world- significant growth area in global
for semi-urban demographies and
wide drive 5G FWA investments telecommunications, particularly for
global demand. Private 5G networks
through smart city initiatives. Tele- residential applications. This tech-
also emerge as pricing strategies for
com industries, including Samsung nology offers high-speed Internet
businesses.
and Nokia, collaborate. Fiber optics, connectivity without the need for tra-
broadband and telecommunication ditional wired broadband infrastruc-
The 5G FWA market faces challenges
networks are prioritized. In India, a ture, catering to urban, suburban and
due to limited availability and compe-
high-level forum suggests a vision rural end-users. Benefits include low
tition for mmWave spectrum suitable
for 5G India 2020, focusing on 5G latency, enabling seamless stream-
for high-speed transmissions. Com-
FWA, mmWave spectrum and urban ing of high-definition video con-
panies like Samsung, T3 Broadband,
areas. Global demand increases with tent, online gaming and supporting
Mercury Broadband, Verizon, and
semi-urban demographics, com- multiple devices. FWA is an attractive
technology providers such as Nokia
mercial sector and mobile service alternative for households seeking
navigate complex licensing processes
providers. Pricing strategies and wired faster Internet speeds and flexibility. In
and infrastructure deployment in
broadband alternatives are consid- remote or underserved regions, it pro-
urban and semi-urban demogra-
ered. Private 5G networks and tech- vides a viable solution where laying
phies. Global demand for 5G FWA
nology advancements are key. fiber-optic cables may be impractical
exceeds resources, leading to pricing
or cost-prohibitive.
strategies and regulatory hurdles.
Segment Overview
Wired broadband alternatives and
This 5G FWA market report extensively Geography Overview
private 5G networks also impact
covers market segmentation by Type The 5G FWA market in North America
market dynamics.
(Services, Hardware) Application (Res- is experiencing robust growth, driven
idential, Commercial, Industrial, Gov- by enterprise adoption in developed
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