Global Market Size, Forecast, and Trend Highlights Over 2025-2037
5G Fixed Wireless Access Market size was valued at approximately USD 49.88 billion in 2024 and is projected to reach USD 1.3 trillion by 2037, expanding at a CAGR of 40.4% from 2025 to 2037. In 2025, the industry size of 5G fixed wireless access (FWA) is assessed at USD 65.69 billion.
The advancements in 5G technology have positively impacted the market's sustained growth. Furthermore, the supply chain for 5G FWA encompasses components such as antennas, network equipment, and semiconductors. The U.S. government has identified the need to strengthen the telecommunications supply chain, which was outlined in the 2021-2024 Quadrennial Supply Chain Review by the National Archives. The review highlights the requirement to invest in critical sectors to offset the impact of geopolitical tensions and any breakdown in trade relationships (U.S.-China tensions).
Consumer Pricing, Investment, and Supply Chain
|
Category |
Details |
|
Supply Chain Priority |
2021–2024 Quadrennial Review urges investment in semiconductors, antennas, network gear |
|
Consumer Pricing |
CPI tracks wireless plan costs, but does not yet adjust for 5G quality improvements |
|
Federal Investment |
BEAD Program allocates funding to expand 5G broadband access in underserved U.S. regions |
In relation to pricing, the Bureau of Labor Statistics (BLS) highlighted changes in the Consumer Price Index (CPI) for telecommunications services. These include the transition from 4G to 5G networks. Furthermore, the CPI has recorded changes in wireless telephone plans, indicating that the quality adjustment has not reflected the ongoing shift to 5 G. Additionally, at the investment front, the large-scale allocation of funding by the U.S. government to support the deployment of 5G infrastructure bodes well for prospects. For instance, the Broadband Equity, Access, and Deployment (BEAD) program aims to broaden broadband access, including 5G FWA, to remote areas, bolstering home internet and mobile broadband services. The market analysis projects a positive outlook against the backdrop of these initiatives.
5G FWA Sector: Growth Drivers, Restraints and Opportunities
Growth Drivers
- Cybersecurity frameworks enhancing trust: 5G FWA adoption is reinforced by established and uniform cybersecurity measures. For instance, in August 2024, the National Institute of Standards and Technology (NIST) released the white paper series titled, applying 5G Cybersecurity and Privacy Capabilities, which guide on improved implementation of security measures such as the Subscription Concealed Identifier (SUCI) to protect the identities of subscribers in 5G networks. These robust frameworks serve as significant benchmarks and influence industry standards, directly impacting the market’s trajectory.
- Technological advancements and industry collaboration: A major factor impacting the market growth is the evolution of 5G technology over the years. The digital age has resulted in a shift in consumer demand from high-speed internet being a novelty to a necessity. The adoption of lower latency, along with high speeds, has surged exponentially, contributing to the 5G FWA market proliferation. Moreover, proactive partnerships among technology firms and telecommunication companies have improved the deployment of FWA services, thereby expanding access to rural and urban areas.
Major Technological Innovations in the 5G Fixed Wireless Access Market
The global 5G FWA market is influenced by technological advancements, which are bolstering speed and efficiency. For instance, AT&T plans to double its fiber internet availability while simultaneously improving its 5G network to reach more than 60 million locations by 2029. If the expansion is successful, then around USD 20 billion in free cash flow can be expected by 2027, which will create a massive impact on the telecom industry. The table below indicates key adoption patterns and industry impacts:
|
Trend |
Description |
Industry Impact |
Adoption Patterns |
|
Mainstream Adoption of 5G FWA Devices |
Shipments of 5 G-enabled FWA Customer Premises Equipment (CPE) grew by roughly 22% in 2024, reaching 36.5 million units. |
Telecom providers are expanding their service offerings to include 5G FWA, enhancing broadband access. |
India leads with 85% of FWA shipments being 5 G-enabled, followed by North America at 63%. |
|
Speed-Based Tariff Plans |
Approximately 42% of Communication Service Providers (CSPs) now offer speed-based FWA tariff plans, a 55% increase from the previous year. |
Enables telecom companies to offer tiered services, catering to diverse customer needs. |
Adopted widely in regions with advanced 5G infrastructure, such as North America and parts of Asia. |
|
Integration with Edge Computing |
The combination of 5G FWA with edge computing reduces latency, enhancing real-time data processing. |
Manufacturing and finance sectors benefit from improved operational efficiency and data security. |
Industries with high data processing needs, like manufacturing and finance, are early adopters. |
Sustainability Initiatives in the 5G Fixed Wireless Access Market
The 5G FWA market is experiencing major strides in sustainability. A key marker of the requirement of environmentally viable initiatives is the ESG frameworks, which in turn have bolstered the employment market for professionals. Moreover, the consumer interest has also shifted to demanding greater accountability from corporations in creating a sustainable supply chain. The table below indicates the sustainability initiatives undertaken by key players in the 5G FWA market:
|
Company |
Sustainability Initiatives |
Goals & Vision (2030) |
Impact on Business |
|
Bharti Airtel |
-144,513 MT COâ‚‚/year cut; 26,000 solar sites; 230,541 MWh RE (FY24) |
Net-zero by 2050; -50.6% Scope 1&2, -43% Scope 3 (by 2031) |
+Energy efficiency; SBTi compliant |
|
Reliance Jio |
-158,969 MT COâ‚‚ (FY23); 166 MW solar (17,500+ sites); wind, methanol |
-77% Scope 1&2, -64.5% Scope 3 (by 2028); 100% RE by 2029 |
-Diesel use; +Efficiency, -OPEX |
|
Tata Communications |
3C model; GHG customer savings target 20x Scope 1&2 |
Net-zero by 2035; Carbon neutrality by FY2030 |
+Green portfolio; +Customer retention |
Impact of AI & ML Integration on the 5G Fixed Wireless Access Market
​AI and ML have been instrumental in the transformation of the 5G FWA market. Furthermore, the global AI race has gained traction among companies investing in AI to automate operations. The trends have had a significant impact throughout the 5G FWA market as highlighted in the table below:
|
Company |
Integration of AI & Machine Learning |
Outcome |
|
ZTE |
AI-powered G5 Ultra CPE with dynamic bandwidth allocation and smart beam-switching antenna. |
+20% bandwidth efficiency; -30% network congestion |
|
Verizon |
AI-driven supply chain automation. |
-17% supply chain costs; +14% delivery times |
|
AT&T |
Automated 90% of network deployments using AI. |
-Service deployment time from 12 months to 2 weeks |
Cybersecurity Risks in the 5G Fixed Wireless Access Market
The digitalization trends worldwide have also ushered in an escalation in cybersecurity threats. Ransomware attacks have evolved to target key supply chains of industries to hold them hostage and siphon off critical data. Data breaches are major causes of concern in a market that is intricately associated with user data. In October 2024, Fortinet published a report highlighting that more than 60% of organizations are underconfident in their employees having the necessary cybersecurity awareness and consider themselves vulnerable to phishing attacks. The table below indicates major cyberattacks on key players in the market, their impact, and potential remedies.
|
Company |
Cyber Attack |
Impact |
|
State-Owned Telecom (India) |
July 2024 breach by "kiberphant0m"; 270 GB exfiltrated |
Operational disruption; exposure of IMSI, SIM, and HLR data |
|
AT&T (USA) |
April 2024 data breach; 95 million customers' phone records exposed |
Data exposure; potential regulatory scrutiny |
|
Kadokawa/Niconico (Japan) |
June 2024 ransomware by "BlackSuit"; 1.5 TB stolen |
25% stock drop; service outages; 254,241 individuals affected |
Restraints
-
Data localization requirements: The data localization guidelines have adversely impacted the 5G FWA market at various points. For instance, countries such as Russia and Indonesia have mandated that the data collected from their citizens must be stored within the national borders. While these guidelines augur well for data sovereignty, they also create a challenge by increasing investment requirements in local infrastructure, adding to the cost for companies.
- Arbitrary blocking of cross-border data flows: There are regional disparities in the mandates on cross-border data flows. For instance, China requires the filtering of internet traffic, which, in turn, places a substantial burden on the foreign suppliers operating in the country. Furthermore, the challenge may exacerbate in the near future owing to a push for data sovereignty.
5G Fixed Wireless Access (FWA) Market: Key Insights
| Report Attribute | Details |
|---|---|
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
40.4% |
|
Base Year Market Size (2024) |
USD 49.88 billion |
|
Forecast Year Market Size (2037) |
USD 1.3 trillion |
|
Regional Scope |
|
5G Fixed Wireless Access Segmentation
Application (Residential, Commercial, Industrial, Government)
The residential segment of the 5G fixed wireless access market is projected to hold a dominant 37.3% revenue share by the end of 2037, owing to a surge in demand for smart home devices as smart homes increase. Moreover, the COVID-19 pandemic created a ripple effect across the workforce worldwide and promoted the popularity of remote work, which, in turn, has driven demand for high-speed connectivity in residential spaces. The increase in disposable income also impacts the segment, as the demand and spending on online entertainment have increased, which again requires robust connectivity.
Operating Frequency (Sub-6 GHz, 24-39 GHz, Above GHz)
The sub-6 GHZ band segment is poised to account for a major revenue share in the 5G fixed wireless access market. The sub-6 GHZ frequencies offer improved propagation characteristics, which in turn allow signals to effectively penetrate solid obstacles such as buildings and walls seamlessly. The band’s ability to provide improved coverage and ability to navigate the obstacles makes them ideal for deployments in the urban and rural areas. Moreover, to keep up with the demand, the network operators have aimed to expand the 5G coverage with the sub-6 GHz band projected to be a key component in the expansion plans.
Our in-depth analysis of the global Market includes the following segments:
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Application |
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|
Offering |
|
|
Operating Frequency |
|
|
Demography |
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Vishnu Nair
Head - Global Business DevelopmentCustomize this report to your requirements — connect with our consultant for personalized insights and options.
5G Fixed Wireless Access Industry - Regional Scope
Asia Pacific Market Forecast
The APAC 5G fixed wireless access market is projected to account for a leading share of 39.4% by the end of 2037. A key factor supporting the market dominance is the increase in investments in expanding 5G infrastructure across major economies such as Japan and China. Moreover, APAC’s market is positively impacted by the proactive efforts of the emerging economies such as India, Vietnam, and Indonesia. By the end of 2023, APAC accounted for more than 60% of the global 5G connections, bolstered by the rising number of consumers in the region. The leading economies in 5G deployment are China, Japan, and South Korea, and supporting the widespread deployment. Additionally, the advancements in low-latency applications in APAC has added to the adoption rates by consumers from the residential and commercial sectors.
China is set to register a major revenue share. The rising number of users demanding high-speed internet creates profitable opportunities, and the government has relaxed the entry of foreign players in the market, bolstering ease of business in the country. For instance, China's 5G mobile phone subscriptions broke the 1 billion mark by the end of November 2024.
The India 5G fixed wireless access market is expected to undergo rapid expansion throughout the forecast period due to nationwide investments to create a digital economy. 5G technology is a cornerstone in this effort. By January 2024, reports indicated that India had more than 170 million 5G users, making it one of the fastest-growing markets worldwide. Furthermore, Bharti Airtel and Reliance Jio are at the forefront of rollouts.
North America Market Forecast
North America is poised to hold a revenue share of 31.9% throughout the forecast period as the 5G fixed wireless access market’s supply chain is bolstered by consistent investments in the telecommunications infrastructure, particularly by the U.S. and Canada. The investments are against the backdrop of both economies seeking to fortify their broadband networks. The U.S. Federal Communications Commission (FCC) has actively channeled investments in improving the connectivity of rural areas across the country. Moreover, in Canada, the government has actively supported the expansion of ultra-fast connectivity services. The regional market analysis indicates that a rising number of enterprises in North America are dependent on 5G services to ensure the seamless functioning of operations, whereas the existence of a consumer base with high disposable income creates a sustained growth for low-latency, ultra-fast solutions.
The U.S. remains the largest market in North America. Surging government investments have ensured the continuous expansion of the U.S. 5G FWA market. For instance, the U.S. National Telecommunications and Information Administration (NTIA) awarded more than USD 500 million from the USD 1.0 billion worth of Wireless Innovation Fund to bolster the development of open wireless networks. Additionally, the Federal Communications Commission (FCC) implemented the 5G Fund for Rural America in a bid to expand the deployment of 5G mobile broadband to rural areas of the country.
Companies Dominating the 5G fixed wireless access (FWA) Landscape
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The 5G fixed wireless access market is experiencing rapid growth, bolstered by mergers, innovations in products, and strategic investments by major players in the industry. For instance, in July 2024, Nokia reported an expansion in its broadband portfolio by introducing a 5G FWA outdoor receiver and an indoor gateway that has Wi-Fi 7 capabilities in a bid to increase its presence and connectivity in North America. These developments highlight the lucrativeness of the 5G FWA market and the push by leading players to maintain a competitive edge in the market. Here is a list of key players operating in the 5G FWA market.
|
Company Name |
Country of Origin |
Revenue Share 2024 |
|
Nokia |
Finland |
15% |
|
Samsung Electronics |
South Korea |
13.2% |
|
Huawei Technologies |
China |
12% |
|
Ericsson |
Sweden |
10.2% |
|
Verizon Communications |
USA |
9.1% |
|
Inseego Corp. |
USA |
XX% |
|
Qualcomm Technologies |
USA |
XX% |
|
CommScope |
USA |
XX% |
|
AT&T Inc. |
USA |
XX% |
|
Vodafone Group |
UK |
XX% |
Below are the areas covered for each company in the 5G fixed wireless access market:
Recent Developments
- In February 2024, ZTE launched the G5 Ultra. The G5 Ultra is the world’s first AI-powered 5G Indoor FWA device. Furthermore, the innovation has bolstered bandwidth utilization by 25% and reduced congestion of networks by 35%. Additionally, the device is set to support Wi-Fi 7 technology and offer peak data rates up to 19 Gbps.
- In February 2024, HFCL launched a 5G Fixed Wireless Access Indoor Customer Premises Equipment (CPE) via a successful collaboration with MediaTek. The launch leveraged the MediaTek T750 chipset and boasts speeds up to 4.7 Gbps with Wi-Fi 6 support.
- Report ID: 3025
- Published Date: May 12, 2025
- Report Format: PDF, PPT
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