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Home | Search Global IT News: IT News & Press Release Distribution: 5G Fixed Wireless Access Market estimated to reach $46,366 million by 2026   (IT-NEWSWIRE.COM, August 03, 2019 ) The 5G fixed wireless access market is expected to grow from USD 396 million in 2019 to USD 46,366 million by 2026, at a CAGR of 97.47%. The growing demand for high-speed internet connectivity and broad network coverage with reduced latency and power consumption, increasing adoption of advanced technologies such as machine-to-machine (M2M)/Internet of Things (IoT) millimeter-wave in 5G FWA are a few major factors driving the growth of the 5G fixed wireless access market. However, delay in making decisions related to the standardization of spectrum allocation, high infrastructural costs, and adverse impact on the environment are expected to limit the growth of this market. Don’t miss out on business opportunities in 5G fixed wireless access market. Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=41266711#emailwire Services to account for largest share of 5G fixed wireless access market by 2026 The continuous development of broadband and cellular networks has enabled users to experience faster data transmission rates, with low latency. The increased demand for data services is primarily driven by the growing use of consumer electronic devices, and data-intensive applications such as virtual and augmented reality, 3D, and ultra-HD video. To support the increasing data traffic, more bandwidth is required. 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. Semi-urban areas to continue to grow at highest CAGR from 2019 to 2026 In general, it is challenging to upgrade or deploy the foundation infrastructure in urban and semi-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. Browse and in-depth TOC on "5G fixed wireless access market" 65 - Tables 46 - Figures 168 - Pages View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/5g-fixed-wireless-access-market-41266711.html#emailwire Residential to account for largest share of fixed wireless access market by 2026 5G fixed wireless is an ideal alternative mainly for residential customers as users can get gigabits of speeds at a competitive price, with no installation issues. There are more than 2 billion families across the world. Observing the current industry trend, less than half of the families are likely to opt for a fixed copper or fiber broadband connection by 2023. In many countries, it is not economically viable to build a fixed broadband infrastructure. Based on ITU data, the addressable market can be close to 1 billion households, with either no or poor fixed broadband connectivity. This generates an opportunity for FWA deployments. North America to hold major share of 5G fixed wireless access market in 2019 North America is expected to hold the largest share of the global 5G fixed wireless access market during the forecast period. In North America, the US is considered to have the most engaged user base, and a similar trend is expected to continue with the addition of new subscribers. With full-fledged 5G implementation in North America, it is expected to boost on-demand video services. In the current scenario, the market for such services is growing continuously. Companies such as AT&T (US) and Verizon (US) are driving the telecom sector, but both these players are looking to diversify their business from core mobile services and compete more effectively in internet services. In October 2018, Verizon launched 5G FWA services in 4 cities in the US. Key Market Players Major players in the 5G fixed wireless access market include Qualcomm Technologies (US), Nokia Corporation (Finland), Samsung Electronics (South Korea), Huawei (China), Ericsson (Sweden), Mimosa Networks, Inc. (US), Cohere Technologies, Inc. (US), Siklu Communication, Ltd. (Israel), AT&T Inc. (US), Verizon Communications Inc. (US), Cisco (US), Arqiva (Hampshire), Cellular South, Inc. (C Spire) (US), Orange S.A. (France), United States Cellular Corporation (US), TELUS Corporation (Canada), Telefónica (Spain), Mobile Telephone Networks (MTN) (South Africa), Swisscom (Switzerland), and Hrvatski Telekom (Croatia). Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=41266711#emailwire Founded in 1983 and headquartered in New York, US, Verizon Communications Inc. is well-known for its wide offerings in communications, information, and entertainment services in different verticals, such as consumers, businesses, and government. The company operates through 2 major business segments: Wireless and Wireline. Wireless communication products and services include wireless voice and data services and equipment sales, which are provided to business and government customers across the US. Wireline’s voice, data, and video communication products and enhanced services include broadband video and data services, corporate networking solutions, security and managed network services, and local and long-distance voice services. The company is focusing on launching 5G wireless technology-based products and developing the ecosystem for offering fixed and mobile 5G wireless services. The company is partnering with major players for the development of standards and fulfillment of next-generation wireless technology requirements. In November 2017, the company announced to commercially launch 5G wireless residential broadband services in 3 to 5 US markets in 2018. Browse Adjacent Markets @ Semiconductor and Electronics Market Research Reports & Consulting 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/disruptions 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 niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets Website: http://www.marketsandmarkets.com/ MarketsandMarkets™ Mr. Shelly Singh 1-888-600-6441 raviraj.tak@marketsandmarkets.com Source: EmailWire.Com Source: EmailWire.com

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