Global 5G Fixed Wireless Access (FWA) Market to Reach $2.1 Billion by 2030
The global market for 5G Fixed Wireless Access (FWA) estimated at US$20.1 Billion in the year 2023, is expected to reach US$2.1 Billion by 2030, growing at a CAGR of 94.3% over the period 2023-2030. 5G FWA Services, one of the segments analyzed in the report, is expected to record 96.3% CAGR and reach US$1.9 Billion by the end of the analysis period. Growth in the 5G FWA Hardware segment is estimated at 82.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $7.2 Billion, While China is Forecast to Grow at 87.7% CAGR
The 5G Fixed Wireless Access (FWA) market in the U.S. is estimated at US$7.2 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$275.4 Billion by the year 2030 trailing a CAGR of 87.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 83.5% and 78.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 62.8% CAGR.
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