Fixed Wireless Access Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Fixed Wireless Access Market is segmented by Type (Hardware, Services), Application (Residential, Commercial, Industrial), and Geography.

Market Snapshot

Study Period:

2018 - 2026

Base Year:

2020

Fastest Growing Market:

Asia Pacific

Largest Market:

North America

CAGR:

73.4 %

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Market Overview

The fixed wireless access market is expected to register a CAGR of 73.4% over the forecast period (2021 - 2026). The demand for internet connectivity among various households has been increasing with the growth in connected devices. According to Intel estimates, the number of connected devices is expected to grow to 50 billion by 2020. Additionally, the wearable technology has been increasing in various emerging economies, which further contributes to the need for better wireless broadband connectivity. Some of the prominent factors driving the growth of wireless technology over the years have been the regularly changing standards set for improving the features of fixed wireless access.

  • Additionally, with the steady evolution of wireless broadband technology over the past decade, it keeps pace with advances in standards set by the Institute of Electrical and Electronics Engineers (IEEE). These standards are modernized regularly in order to improve the network throughput in terms of maximum speed and transmission capability. These upgradations have given the companies in the market the means to strive for innovation and successfully satisfy the customers' demand for higher bandwidth and faster internet.
  • Moreover, the increasing demand for faster internet connectivity among consumers, owing to the data size becoming bigger and the rise in the number of devices being connected to the device, is spurring the demand for fixed wireless access with effective connectivity.
  • Further, growing trends responsible for the rise in the number of connected devices and increasing focus and implementation of smart homes using smart devices are expected to fuel the market demand during the forecast period. Moreover, the increasing adoption of smart home architecture across the world that includes remote access, voice control, and seamless connectivity further drives the demand in the market studied.
  • Furthermore, with the 5G network launch, the emerging economies in the Asia-Pacific region are expected to propel the market for fixed wireless access during the study period. According to the Ericsson Mobility Report (November 2019), Southeast Asia and Oceania witnessed 5G networks' launch for fixed wireless access. Multiple 5G trials have also been carried out in several other countries in the region, with some Southeast Asia markets waiting for spectrum allocations to launch 5G.
  • Amid the COVID-19 crisis, fixed wireless access (FWA) solutions are likely to witness increased demand and fill in fiber broadband networks. This results from a sudden and widespread explosion in telecommuting by employees across the world who can work from home. According to Preseem, a quality monitoring and optimization platform for fixed wireless networks, the increased demand is especially significant during the business hours. Especially in California, increased internet usage has been consistently over 40%

Scope of the Report

Fixed Wireless Access (FWA) is an alternative means of providing internet connectivity that uses wireless network technology rather than fixed lines. An access unit is attached to street furniture, which then wirelessly connects to a receiver placed inside a home or business property. The receiver then feeds a router, which provides a WiFi signal into the building, enabling users to connect their numerous everyday devices.

By Type
Hardware
Consumer Premise Equipment (CPE)
Access units (Femto & Picocells)
Services
By Application
Residential
Commercial
Industrial
Geography
North America
Europe
Asia Pacific
Rest of the World

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Key Market Trends

Residential Segment Expected to Depict the Maximum Application

  • The household application segment is expected to depict the maximum adoption due to growing broadband connectivity in the households or for the individuals. Fixed Wireless Access, or FWA, provides internet access to homes using wireless mobile network technology rather than fixed lines. Due to the increasing internet and mobile penetration amongst the users, the need for a continuous source of data and the internet is increasing over the years.
  • 5G fixed wireless access is an ideal alternative mainly for residential customers as users get speeds at a competitive price, with no installation issues. Also, in many developing countries, it is not economically viable to build fixed broadband infrastructure.
  • According to Cisco's latest Visual Networking Index Report, smart homes are expected to be one of the key drivers for the growth of IoT connectivity during the next few years. The company expects that around 50% of the total 28.5 billion device connections anticipated by 2022 will be IoT/machine-to-machine (M2M). The average household in North America will have an average of 9 devices by 2022.
  • Many major companies are introducing their services in the market to expand their reach to the customers, especially for households or individual users. For instance, in May 2019, Incognito Software Systems, a leading provider of in-home broadband service orchestration software solutions to digital service providers, announced that a leading multi-country tier 1 wireless service provider had deployed Incognito to manage the digital in-home experience for residential broadband customers. With Incognito, this service provider can deliver a high-quality fixed wireless home network experience to its customers while reducing operational costs.

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North America to Dominate the Market

  • North America is expected to hold the largest share of the global fixed wireless access market during the forecast period. In the United States, the demand for high-speed internet connections is increasing at a rapid rate, owing to which companies are rigorously investing in fixed wireless connections. Deploying fixed wireless connections not only offer high-speed internet but also help the users in the unserved areas to avail of the service.
  • Small cells that are used in fixed wireless solutions are deployed close to end-users, and therefore, they have natural advantages in the Internet of Things. Extensive small cell deployments connect devices onto communication networks, helping operators build a successful Internet of Things.
  • North America witnessed a significant increase in the interest and investment in fixed wireless broadband technology in the last two years. Though approximately 30% of the US households in remote and rural communities still lack access to a high-speed broadband connection, fixed wireless broadband is emerging as a key technology to bridge this gap. About 2,000 wireless internet service providers are currently providing fixed wireless broadband services to more than 4 million residences in small towns and rural communities in all 50 US states.
  • In October 2019, Verizon announced the expansion of its 5G home broadband offering in Chicago. Unlike in-home fixed wireless 5G service (works on 5G TF standard) offered in parts of Houston, Indianapolis, Los Angeles, and Sacramento, the recent service enables the use of the global 3GPP 5G New Radio (NR) standard. Moreover, in March 2019, T-Mobile launched a fixed wireless broadband service pilot for 50,000 homes in a move that would connect the subscribers with a fixed wireless access (FWA) service on T-Mobile’s LTE network.

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Competitive Landscape

The fixed wireless access market is moderately fragmented due to the presence of significant solution providers across the globe who are incessantly working towards gaining more market traction. The companies are entering into strategic partnerships and alliances, raising funds to introduce new solutions, and improvising on the existing ones to increase their market visibility. Some of the recent developments in the market are

  • March 2020 - Ericsson announced a collaboration with Newport Utilities to build its first fixed wireless access (FWA) network in Tennessee. The network is expected to bring high-speed internet access to rural portions of its Tennessee service territory.
  • January 2020 - AT&T announced its plans to use a fixed wireless network as a part of CAF II, and it had committed to deliver high-speed broadband service to more than 890,000 locations across 18 states. Additionally, it has plans to provide access to over 1.1 million areas by the end of 2020.

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Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS

    1. 4.1 Market Overview

    2. 4.2 Industry Value Chain Analysis

    3. 4.3 Industry Attractiveness - Porter's Five Force Analysis

      1. 4.3.1 Bargaining Power of Suppliers

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Threat of New Entrants

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

    4. 4.4 Technology Snapshot

      1. 4.4.1 Analysis of Key Enablers for the Adoption of FWA

      2. 4.4.2 Key Initiatives Undertaken by Notable Vendors

      3. 4.4.3 Key Business Considerations and Pre-requisites

      4. 4.4.4 Comparative Analysis of FWA With FTTH and FTTdp

      5. 4.4.5 Analysis of Key Business Models and Use Cases in Rural, Semi-urban, and Urban Areas

    5. 4.5 Assessment of COVID-19 impact on the Fixed Wireless Access Market

  5. 5. MARKET DYNAMICS

    1. 5.1 Market Drivers

      1. 5.1.1 Growing Demand for High-speed Data Connectivity Through Advanced Technologies

      2. 5.1.2 Strategic Collaborations Between Various Stakeholders in the 5G Industry to Drive Adoption

    2. 5.2 Market Challenges

      1. 5.2.1 Dependence on Spectrum Allocation in Some Countries

      2. 5.2.2 Cost and Environmental Challenges Associated with Millimeter-wave Technology

    3. 5.3 Market Opportunities

  6. 6. MARKET SEGMENTATION

    1. 6.1 By Type

      1. 6.1.1 Hardware

        1. 6.1.1.1 Consumer Premise Equipment (CPE)

        2. 6.1.1.2 Access units (Femto & Picocells)

      2. 6.1.2 Services

    2. 6.2 By Application

      1. 6.2.1 Residential

      2. 6.2.2 Commercial

      3. 6.2.3 Industrial

    3. 6.3 Geography

      1. 6.3.1 North America

      2. 6.3.2 Europe

      3. 6.3.3 Asia Pacific

      4. 6.3.4 Rest of the World

  7. 7. COMPETITIVE LANDSCAPE

    1. 7.1 Company Profiles

      1. 7.1.1 Huawei Technologies Co. Limited

      2. 7.1.2 Nokia Corporation

      3. 7.1.3 Qualcomm Technologies

      4. 7.1.4 AT & T, Inc.

      5. 7.1.5 Verizon Communications, Inc.

      6. 7.1.6 Airspan Networks Inc.

      7. 7.1.7 Siklu Communication Limited

      8. 7.1.8 Arqiva (UK)

      9. 7.1.9 Telefonaktiebolaget LM Ericsson

      10. 7.1.10 Samsung Electronics Co. Ltd

  8. *List Not Exhaustive
  9. 8. INVESTMENT ANALYSIS

  10. 9. FUTURE OF THE MARKET

** Subject to Availability

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