The use of fixed wireless access enables the offering of broadband services to residential customers and small and medium-sized enterprises (SMEs) on a large scale with low connection latency.


Global 5G FWA market is expected to be valued at USD 29.4 billion in 2023 and is projected to reach USD 153.0 billion by 2028; it is expected to grow at a CAGR of 39.0% from 2023 to 2028.


The 5G FWA market includes major Tier I and II players like Nokia (Finland), Samsung Electronics (South Korea), Huawei Technologies (China), Ericsson (Sweden), Inseego (US).


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The overall APAC region is home to a few of the fastest-growing and leading industrialized economies, such as China, South Korea, and Japan. It is witnessing dynamic changes in the adoption of recent technologies and advancements across industries. According to GSMA, there will be 400 million 5G connections in the Asia Pacific by 2025. 5G adoption, as a percentage of total connections, is set to accelerate in Asia Pacific as the technology's footprint expands across the region. 5G is now commercially available in 14 countries, with several others, including India and Vietnam, expected to come on board in the coming years. These new networks and the expansion of existing ones in pioneer markets will drive the transition to 5G FWA.


The adoption of 5G FWA is expected to increase with millimeter-wave (mmWave) bands such as 28 GHz and 39 GHz in applications that require a large, continuous, and readily available spectrum. Moreover, advanced antenna technologies such as massive MIMO are expected to enable the simultaneous delivery of high-speed services. Thus, the ability of 5G FWA to provide advanced connectivity and services to customers, along with its capability to serve IoT use cases, is driving investments to develop FWA networks across commercial areas.


The 5G FWA market is expected to grow according to different spectrums used across different areas. For example, the higher spectrum would be favored in suburban and urban areas, while rural areas can use lower frequencies for FWA services. In semi-urban areas, "high band" millimeter wave (mmWave) spectrum such as 26GHz and 28GHz is mostly favored. 5G FWA will enable telecom operators to easily deliver high-speed mobile broadband services in semi-urban and rural areas. Laying fiber at every corner of the country can be a daunting task for telecom operators as it would take time and money. However, this can be avoided with 5G FWA.