RF Market for Fixed Wireless Access Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The RF Market for Fixed Wireless Access is Segmented by Radio Radio Frequency Front End (RFFE) Components (Transmit Module, Receive Module, Antenna in Package (AiP) and Beamformer, Filter, and Discrete) and Geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Home Market Analysis Technology, Media and Telecom Research Semiconductors Research RF Market for Fixed Wireless Access

RF Fixed Wireless Access Market Size

RF Market For Fixed Wireless Access Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 29.80 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

RF Market For Fixed Wireless Access Major Players

*Disclaimer: Major Players sorted in no particular order
setting-icon

Need a report that reflects how COVID-19 has impacted this market and its growth?

RF Fixed Wireless Access Market Analysis

The RF market for fixed wireless access was valued at USD 412.33 million in the previous year. It is expected to register a CAGR of about 29.8%, reaching USD 1,985.4 million during the forecast period. The growing penetration of the internet and digital services among consumers is among the major factor driving the market's growth. The arrival of 5G is also expected to be among the major driver for the growth of fixed wireless access (FWA) owing to the 5G mmWave spectrum, which may drive the demand for RF components.

  • With internet access becoming increasingly important for economic growth, the demand for reliable, low-cost, and easy connectivity solutions has increased. As many people today do not have access to broadband internet yet, fixed wireless access (FWA) is emerging as a viable solution for high-speed and reliable internet connection.
  • Fixed wireless access (FWA) is a technology that creates a wireless connection between a cell tower and an external antenna located on the customer's premises to provide service to fixed cellular subscribers. The advancement of 5G technology has made FWA a cost-effective solution for ultra-high-speed broadband where installing fiber may be prohibitively expensive. These FWA networks provide solutions for enterprise and consumer applications in suburban, rural, and underserved areas.
  • The growing FWA market is driving the demand for RF components, including customer premises equipment (CPE), cellular radio-frequency (RF) front-end components for CPE, including diversity modules and power amplifiers (PAs), and discrete components, which go down to wafer-level technologies.
  • Fixed wireless access (FWA) is an excellent opportunity for mobile network operators (MNOs) to increase the profitability of their mobile network as it enables them to allocate unused capacity to serve FWA subscribers. Such trends are also creating a favorable outlook for the studied market.
  • However, the expansion of broadband and satellite internet services challenges the RF market for fixed wireless access. Another major challenge associated with FWA is the high manufacturing cost of the mmWave spectrum, as these components are tiny and require high precision.
  • The outbreak of COVID-19 has had a notable impact on the studied market's growth. While the initial phase of the pandemic was challenging for the market due to supply chain disruptions and a slowdown in demand, the studied market has been gaining traction with the impact of the pandemic fading away, primarily because the pandemic had significantly enhanced the penetration of digital services that require a stable and strong data connection. Such trends are also expected to sustain during the post-COVID period, paving the way for the studied market.

RF Fixed Wireless Access Market Trends

The Expansion of 5G Infrastructure to Support the Market's Growth

  • The arrival of 5G technology is proving to be a game changer for many industries, including the fixed wireless access industry. The 5G wireless communication protocol is helping FWA gain traction both at the millimeter wavelengths (mmWave) and the sub 6 GHz frequencies. 5G's deeper network infrastructure, greater spectral efficiency, and spectrum availability significantly improve FWA's economics, new deployment, and technical feasibility.
  • For many network operators worldwide, FWA's 5G version is viewed as a way to expand revenue opportunities and help monetize investments in the 5G and wireless spectrum, as it helps them provide service just by utilizing the unused spectrum. Considering such trends, for many operators, FWA is also emerging as one of the leading use cases for 5G. Such trends are also positively influencing the demand for RF components.
  • The expansion of 5G coverage across various countries is also expected to influence the market's growth positively. China and North America are among the leading regions wherein the deployment rate of 5G is the highest. For instance, according to MIIT, by the end of 2022, China had about 2.31 million 5G base stations.
  • The growing subscriber base and new business opportunities driven by the low latency and high-speed connectivity feature of 5G are also encouraging network operators to expedite the deployment of 5G networks across various countries, creating a favorable outlook for the studied market. For instance, according to Ericsson, the number of mobile 5G subscribers is expected to reach 4,372.73 million by 2027, from 553.95 million in 2021.
RF Market For Fixed Wireless Access: Forecast Number of Mobile 5G Subscriptions, in Million, Global, 2021-2027

Asia-Pacific to Hold a Significant Market Share

  • The Asia-Pacific region holds great potential for the growth of the RF market for fixed wireless access. The region has been witnessing rapid growth in the adoption of digital technologies, driving the demand for a stable and high-speed data connection. The presence of a large consumer base also favors the market's growth in the region.
  • The Asia-Pacific region also has a fast-growing e-commerce market and a growing demand for digital services, such as streaming services, online gaming, and social media. 5G FWA can provide the high-speed internet required to support these services, making it an attractive option for consumers in the region.
  • The cost of any service is also among the major factor influencing the consumption pattern, especially in the emerging Asia-Pacific markets. As the deployment of fiber cable to support broadband infrastructure is costly, FWA's simple deployment and relatively lower operational cost may drive its growth in the region.
  • Another major factor influencing the market's growth in the region is the rapid expansion of the 5G network. Countries such as China, South Korea, and Japan are emerging to be among the leading countries in terms of the deployment of 5G networks. For instance, according to VIAVI Solutions, a global provider of network test and monitoring solutions, China was among the leading countries in the region in terms of the availability of 5G services in most cities (356 in 2023). China was followed by South Korea, with 5G services available in 85 cities, and Japan, with 76 cities.
  • The Asia-Pacific region is also recognized as the global manufacturing hub, with several FWA RF component manufacturing vendors having an extended presence in the region.
RF Market For Fixed Wireless Access: RF Market for Fixed Wireless Access - Growth Rate by Region

RF Fixed Wireless Access Industry Overview

The RF market for fixed wireless access is significantly consolidated. Its competitive attractiveness is growing due to the growing adoption of the technology, attracting new vendors in the market. To strengthen their market presence, vendors are adopting various strategies, including new product developments, partnerships, mergers, and acquisitions. Some key market players include Qualcomm Technologies Inc., Skyworks Solutions, and Murata Manufacturing Co.

  • February 2023 - Keysight Technologies Inc. announced that Aethertek selected its Keysight Open RAN Studio solution to validate its 5G millimeter wave (mmWave) O-RAN Radio Unit's (O-RU) end-to-end performance. According to the company, Keysight's O-RAN Radio Unit provides a test environment that includes tools in both radio frequency and protocol domains to emulate the real-world traffic experienced by an O-RU.
  • January 2023 - Renesas Electronics Corporation announced a collaboration with AMD to showcase RF's front-end solution for 5G Active Antenna Systems (AAS). Paired with AMD's ZynqUltraScale+™ RF SoC Digital Front End OpenRAN Radio Reference Design, the RF front-end includes low-noise amplifiers, RF switches, and pre-drivers. It also offers solutions to meet the demand from the growing mobile network infrastructure market.

RF Fixed Wireless Access Market Leaders

  1. Qualcomm Technologies Inc.

  2. Murata Manufacturing Co.

  3. Qorvo Inc.

  4. Skyworks Solutions Inc.

  5. Taiyo Yuden Co. Ltd.

*Disclaimer: Major Players sorted in no particular order

RF Market For Fixed Wireless Access Concentration
Need More Details on Market Players and Competitors?
Download PDF

RF Fixed Wireless Access Market News

  • September 2022 - Qualcomm Technologies Inc. announced new RFFE modules targeted for best-in-class Bluetooth and Wi-Fi experiences. According to the company, the expanded portfolio is designed for Wi-Fi 6E, Bluetooth, and the next-generation standard, Wi-Fi 7. The modules are designed for a wide array of device segments beyond smartphones, including XR, PCs, automotive, wearables, mobile broadband, IoT, and more.
  • September 2022 - Metawave Corporation, a provider of high-end sensing and perception solutions for aerospace and terrestrial mobility applications, announced the successful demonstration of its first highly-integrated, front-end Antenna in Package (AiP) modules. According to the company, the Metawave SPEKTRATM AiP module utilizes the company's MARCONITM beamforming integrated circuits (ICs).

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 Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

    4. 4.4 Macro-economic Analysis of the Market

  5. 5. MARKET DYNAMICS

    1. 5.1 Market Drivers

      1. 5.1.1 Growing Penetration of Internet and Digital Services

      2. 5.1.2 Expansion of 5G Infrastructure

    2. 5.2 Market Restraints

      1. 5.2.1 Expansion of Broadband and Satellite Data Services

  6. 6. MARKET SEGMENTATION

    1. 6.1 By Radio Radio Frequency Front End (RFFE) Components

      1. 6.1.1 Transmit Module (PAM, MMMB PA, PAD, and LPAD)

      2. 6.1.2 Receive Module (FEM and LFEM)

      3. 6.1.3 Antenna in Package (AiP) and Beamformer

      4. 6.1.4 Filter

      5. 6.1.5 Discrete (Switch, LNA, PMIC, and Tuner)

    2. 6.2 By Geography

      1. 6.2.1 North America

      2. 6.2.2 Europe

      3. 6.2.3 Asia-Pacific

      4. 6.2.4 Rest of the World

  7. 7. COMPETITIVE LANDSCAPE

    1. 7.1 Company Profiles

      1. 7.1.1 Qualcomm Technologies Inc.

      2. 7.1.2 Murata Manufacturing Co.

      3. 7.1.3 Qorvo Inc.

      4. 7.1.4 Skyworks Inc.

      5. 7.1.5 Airgain Inc.

      6. 7.1.6 Analog Devices Inc.

      7. 7.1.7 Amphenol Broadband Solutions

      8. 7.1.8 Bridgewave Communications

      9. 7.1.9 Microchip Technology Inc.

      10. 7.1.10 Renesas Electronic Corporation

      11. 7.1.11 STMicroelectronics Inc.

      12. 7.1.12 Taiyo Yuden Co. Ltd

      13. 7.1.13 Texas Instruments

      14. 7.1.14 Ericsson

      15. 7.1.15 Nokia Corporation

    2. *List Not Exhaustive

    3. 7.2 Vendor Market Share Analysis

  8. 8. INVESTMENT ANALYSIS

  9. 9. FUTURE OF THE MARKET

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

RF Fixed Wireless Access Industry Segmentation

Fixed wireless access (FWA) technology uses the capabilities of cellular networks to offer high-speed internet services to businesses and households without the need for physical fiber connections. Various RF components such as transmit and receive modules, antennae-in-packages (AiP), beamformers, and filters are used to provide FWA services.

The study tracks the demand for various RF components and the current and emerging trends to offer a detailed analysis of current and future growth opportunities and market trends. The study also analyzes the impact of COVID-19 on the market's growth. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

By Radio Radio Frequency Front End (RFFE) Components
Transmit Module (PAM, MMMB PA, PAD, and LPAD)
Receive Module (FEM and LFEM)
Antenna in Package (AiP) and Beamformer
Filter
Discrete (Switch, LNA, PMIC, and Tuner)
By Geography
North America
Europe
Asia-Pacific
Rest of the World
Need A Different Region Or Segment?
Customize Now

Frequently Asked Questions

The RF Market for Fixed Wireless Access Industry is projected to register a CAGR of 29.80% during the forecast period (2024-2029)

Qualcomm Technologies Inc., Murata Manufacturing Co., Qorvo Inc., Skyworks Solutions Inc. and Taiyo Yuden Co. Ltd. are the major companies operating in the RF Market for Fixed Wireless Access Industry.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the North America accounts for the largest market share in RF Market for Fixed Wireless Access Industry.

The report covers the RF Market for Fixed Wireless Access Industry historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the RF Market for Fixed Wireless Access Industry size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

RF for Fixed Wireless Access Industry Report

Statistics for the 2024 RF for Fixed Wireless Access market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. RF for Fixed Wireless Access analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

RF Market for Fixed Wireless Access Report Snapshots

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

RF Market for Fixed Wireless Access Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)