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5G FWA to enable Wireless Broadband Everywhere: Market overview and projections

5G fixed wireless access (FWA) is likely to enhance network performance capabilities and deliver high-speed network coverage compared to currently used connectivity networks. With up to 100 times more capacity than 4G networks, 5G would enable cost-efficient FWA deployments on a massive scale. Using larger ranges of the radio spectrum to provide consumers with low latency connectivity (1ms) and significant capacity gains, the evolution of 5G is expected to take FWA to a new level.

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5G FWA to enable Wireless Broadband Everywhere: Market overview and projections

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  1. MarketsandMarkets Presents 5G FWA to enable Wireless Broadband Everywhere: Market overview and projections 5G FWA market is expected to grow from USD 0.4 billion in 2019 to USD 46.4 billion by 2026, growing at a CAGR of 97.5%. https://www.marketsandmarkets.com/PressReleases/5g-fixed-wireless-access.asp

  2. 5G fixed wireless access (FWA) is likely to enhance network performance capabilities and deliver high-speed network coverage compared to currently used connectivity networks. With up to 100 times more capacity than 4G networks, 5G would enable cost-efficient FWA deployments on a massive scale. Using larger ranges of the radio spectrum to provide consumers with low latency connectivity (1ms) and significant capacity gains, the evolution of 5G is expected to take FWA to a new level. According to Sachin Garg, Associate Vice President, Semiconductor and Electronics at MarketsandMarkets, “the market potential for 5G FWA is massive, and it is poised to disrupt broadband internet connectivity over the next few years by fundamentally restructuring fronthaul networks. Although the technology is still in its early stages of development, telecommunication players have begun evaluating how they would harness telecom networks to generate business value and prepare for the new competitive realities that the technology would bring. Browse 65 market data Tables and 46 Figures spread through 168 Pages and in-depth TOC on "5G Fixed Wireless Access Market - Global Forecast to 2026"

  3. 5G FWA - deliver services like fiber-based broadband & provide data speeds higher than current broadbandIt’s challenging to upgrade or deploy the foundation infrastructure in densely populated urban areas due to the high cost of projects in civil works and complexities associated with high-rise buildings. FWA could overcome the challenge by providing a wireless connection with high throughput and low latency everywhere, whether replacing aging wireline infrastructure or establishing a connection with a new network node. 5G FWA is expected to have a massive impact on developed countries, such as the US, the UK, Germany, and Japan where there is a sizeable disparity in broadband accessibility between major cities and sparsely populated rural areas. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=41266711 The mobile industry has turned its head to find a new territory, and the most discussed “above 6 GHz band” for 5G today is 28 GHz, which has been permitted for use in the US and South Korea. The spectrum has emerged as the preferred band for the initial deployments of 5G-based FWA networks. Countries such as the US, the UK, South Korea, and Japan have announced their 5G spectrum strategies, indicating that the period during 2018–2020 is the right time for the deployment of 5G commercial systems, using mmWave bands.

  4. Increasing demand for data services to drive 5G FWA market FWA is the most cost-effective way of providing a broadband solution to customers compared to fiber connectivity. “The increased demand for data services is primarily driven by the growing use of consumer electronics and data-intensive applications such as virtual and augmented reality, 3D, and ultra-HD video. More bandwidth is required to support the increasing data traffic. 5G is expected to provide 1,000× more bandwidth than its predecessor broadband generations—3G and 4G. Therefore, the growing data traffic would force network operators to provide high-speed bandwidth to their consumers”, says AnandShanker, Senior Analyst, Semiconductor and Electronics at MarketsandMarkets. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=41266711 5G FWA to have major impact in semi-urban and rural areas In semi-urban areas, the density of population is sparse and, by definition, remote from central offices. Hence, it requires significantly high investments to connect a subscriber with the network via wireline infrastructure. With high power transmission/reception and advanced antenna technologies, wireless links can effectively reach rural, outskirt areas without major construction work (i.e., only base stations and customer premise equipment need to be installed). In several situations, operators are required to provide temporary coverage in some areas of the country where there usually is very little or no demand; for example, a skiing resort in winter.

  5. Residential applications expected to continue to dominate 5G fixed wireless access Currently, the focus of all major vendors in the 5G FWA market is to target residential customers, and over a three-fourth share of the total 5G FWA market is likely to be captured by residential users. 5G FWA is an ideal alternative mainly for residential customers as users can get gigabits of speeds at a competitive price, with no installation issues. Fixed wireless internet is one of the innovative solutions to connect homes and businesses in rural, remote, and hard-to-reach areas that lack access to internet services. A growing need for higher speed broadband networks opens the door for new players. With 5G FWA, the high cost of entry into the market would no longer be an obstacle for new entrants, and the technology could help to bridge the digital divide.

  6. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

  7. Contact Us Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email:newsletter@marketsandmarkets.com For More Info: https://www.marketsandmarkets.com/Market-Reports/5g-fixed-wireless-access-market-41266711.html

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