5g Fixed Wireless Access (FWA) Market 2021-2027
New Study Reports " 5g Fixed Wireless Access (FWA) Market 2021 Global Market Opportunities, Challenges, Strategies and Forecasts 2027" has been Added on MarketResearchFuture.
Introduction/Report Summary:
This report provides in depth study of “5g Fixed Wireless Access (FWA) Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The 5g Fixed Wireless Access (FWA) Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
5g Fixed Wireless Access (FWA) market is expected to grow from USD 400 million in 2018 to USD 95017 million by 2027, at a CAGR of 108.36% during the forecast period.
The COVID-19 outbreak and the resultant lockdown impositions have given rise to remote work, education as well as entertainment among people. The situation has boosted the use of the Internet, leading to augmented need for communication networks. More and more people are opting for streaming services, be it Disney+, HBO Now or Netflix, post SARS-CoV-2. The novel coronavirus spread and the ensuing stay at home measures being taken across countries have led to more need for stronger networks, which is proving to be quite favorable for the 5G fixed wireless access market.
Following the COVID-19 impact on the market, leading companies have been focusing on bridging the communication gap between people as well as businesses. They are also trying to leverage the opportunity that has been birthed by the pandemic, which is the rising need for higher bandwidth among people. They are indulging in partnership and agreement strategies to curb any revenue loss and also elevate their market position. For instance, Keysight Technologies Inc. has been selected by Arcadyan to provide its 5G test platforms that can help validate the latter’s consumer premises equipment for FWA. Arcadyan will be using Keysight’s UXM 5G Wireless Test Platform to gain a higher position in the 5G fixed wireless access market.
The 5G fixed wireless access market also stands to profit from the mounting integration of the latest technologies like IoT/Internet of Things millimeter-wave in the 5G FWA. The accelerated deployment of connected devices like smart devices, laptops and smartphones for residential and commercial applications also backs the global market growth.
Key Players
The report has profiled some of the Important players prevalent in the global like – Telefonaktiebolaget LM Ericsson (Sweden), Samsung Electronics (South Korea), AT&T Inc. (US), Huawei Technologies Co., Ltd (China), Qualcomm Technologies (US), Verizon Communications Inc. (US), Nokia Corporation (Finland), Siklu Communication, Ltd (Israel), Mimosa Networks, Inc. (US), and Cisco Systems, Inc. (US). The major players constantly focus on growth strategies such as partnerships, mergers, acquisitions, and product launches to enhance their product offerings and expand their market reach. The other prominent players in the in the 5g Fixed Wireless Access (FWA) market are Cohere Technologies, Inc. (US), Arqiva (Hampshire), Cellular South, Inc. (C Spire) (US), Orange SA (France), United States Cellular Corporation (US), Telus Corporation (Canada), Telefónica (Spain), Mobile Telephone Networks (MTN) (South Africa), Swisscom (Switzerland), and Hrvatski Telekom (Croatia) and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the 5g Fixed Wireless Access (FWA).
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Segmental Review
Offering, territory and application are the key segments based on which the MRFR study of the market has been carried out in the report.
Offering-wise, the market sections are hardware as well as services. In the year 2018, the services segment clinched the leading position in the 5G fixed wireless access market and MRFR expects the segment to maintain its market position throughout the evaluation timeline.
The territory-based market segments can be semi-urban, rural and urban. It is projected that the semi-urban area can be the top segment, advancing at the fastest rate over the next few years. The key reason cited for the mentioned growth can be the soaring demand for broader spectrum among end-users.
The application areas of 5G FWA include commercial, residential, government and industrial. In the coming years, the commercial segment can acquire the highest progression rate while the residential segment can emerge as the leader in the global market.
Regional Insight
The geographical distribution of the 5G fixed wireless access industry comprises North America, Asia Pacific/APAC, Europe, and the rest of the world/RoW.
North America and Europe have clinched the leading and second-leading positions in the global market for 5G fixed wireless access technology, respectively.
The North American market is booming, thanks to the presence of a widespread and well-developed IT infrastructure, a large pool of renowned firms and the high availability of technically skilled workforce. MRFR estimates that the US can post the highest growth rate in the following years, because of the extensive residential and commercial applications, including autonomous driving, distance learning, video conferencing, multi-user gaming, telemedicine, augmented reality and live streaming. The 5g FWA applications have become even more extensive in the space of few months of 2020, especially in the region’s healthcare industry, in light of the efforts being given to find a COVID-19 breakthrough.
The European market for 5G fixed wireless access is primarily supported by the rising government spending on the development of the 5G infrastructure. The mounting number of significant business activities, such as product launch, collaboration, acquisition and merger, is also leading the regional market to greater heights. For instance, in May 2020, Stockholm’s first completely green 5G network for commercial applications was launched, as a joint venture of Telia and Ericsson. This 5G network is powered completely by renewable energy. The new 5G network launch aims to boost the user experience and also gain extensive use-cases in industries like health care, entertainment, transport and manufacturing.
Key Stakeholders
5g Fixed Wireless Access (FWA) Market Manufacturers
5g Fixed Wireless Access (FWA) Market Distributors/Traders/Wholesalers
5g Fixed Wireless Access (FWA) Market Subcomponent Manufacturers
Industry Association
Downstream Vendors.
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TABLE OF CONTENTS
1 Executive Summary
1.1 Market Attractiveness Analysis
1.2 Global 5G Fixed Wireless Access Market, By Offerings
1.3 Global 5G Fixed Wireless Access Market, By Territory
1.4 Global 5G Fixed Wireless Access Market, By Application
1.5 Global 5G Fixed Wireless Access Market, By Region
2 Market Introduction
….
12 Company Profiles
12.1 Telefonaktiebolaget LM Ericsson
12.1.1 Company Overview
12.1.2 Financial Overview
12.1.3 Product Offerings
12.1.4 Key Developments
12.1.5 SWOT Analysis
12.1.6 Key Strategy
12.2 Samsung Electronics
12.2.1 Company Overview
12.2.2 Financial Overview
12.2.3 Product Offerings
12.2.4 Key Developments
12.2.5 SWOT Analysis
12.2.6 Key Strategy
12.3 AT&T Inc.
12.3.1 Company Overview
12.3.2 Financial Overview
12.3.3 Product Offerings
12.3.4 Key Developments
12.3.5 SWOT Analysis
12.3.6 Key Strategy
12.4 Huawei Technologies Co., Ltd.
12.4.1 Company Overview
12.4.2 Financial Overview
12.4.3 Product Offerings
12.4.4 Key Developments
12.4.5 SWOT Analysis
12.4.6 Key Strategy
And more
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