Market Highlights
5G fixed wireless access market is expected to grow from USD 400 million in 2018 to USD 7,553.87 million by 2023, at a CAGR of 70.75% during the forecast period. Increasing demand for high-speed internet connectivity, the rise in extensive network coverage needs, growing adoption of advanced technologies such as Internet of Things (IoT) millimeter-wave in 5G FWA are the key drivers for the 5G fixed wireless access market.
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Regional Analysis
The global 5G Fixed Wireless Access Industry is estimated to grow at a significant rate during the forecast period from 2019 to 2024. The geographical analysis of the 5G Fixed Wireless Access market is done for North America, Europe, Asia-Pacific, and the rest of the world.
North America followed by Europe is expected to dominate the 5G Fixed Wireless Access market from 2019 to 2024 owing to the presence of advanced IT infrastructure, a high concentration of market players in the region, and the availability of proficient technical expertise. In North America, the US is estimated to register the highest CAGR owing to the rapid pace of 5G implementation and the increasing user-base.
Renowned Industry Contenders
Some of the renowned industry contenders listed in the MRFR study are Siklu Communication, Ltd. (Israel), AT&T Inc. (US), Telus Corporation (Canada), Hrvatski Telekom (Croatia), Cisco Systems, Inc. (US), Cohere Technologies, Inc. (US), Huawei Technologies Co., Ltd (China), Samsung Electronics (South Korea), Swisscom (Switzerland), Nokia Corporation (Finland), Telefonaktiebolaget LM Ericsson (Sweden), Mimosa Networks, Inc. (US), Mobile Telephone Networks (MTN) (South Africa), Cellular South, Inc. (C Spire) (US), Arqiva (Hampshire), United States Cellular Corporation (US), Qualcomm Technologies (US), Telefónica (Spain), Orange SA (France), Verizon Communications Inc. (US), to list a few.
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