“Global 5G Fixed Wireless Access (FWA) Market: Growth, Outlook, and Competitive Analysis, 2018 – 2032” is the most recent market study released by Credence Research, Inc. The Global 5G Fixed Wireless Access (FWA) Market is projected to grow from USD 29,871.53 million in 2023 to an estimated USD 341,011.75 million by 2032, with a compound annual growth rate (CAGR) of 26.75% from 2024 to 2032.
Market Overview
The 5G Fixed Wireless Access (FWA) market is a rapidly growing industry that provides high-speed internet connectivity to homes, businesses, and other locations using 5G wireless technology. FWA technology has the potential to provide an alternative to traditional wired broadband services such as cable or fiber, particularly in areas where it may be difficult or expensive to install physical infrastructure. The demand for high-speed internet connectivity is driving the growth of the 5G FWA market, particularly in urban areas with a high population density. As more people work remotely, learn online, and consume video content, there is a greater need for fast and reliable internet connectivity. 5G FWA technology can provide speeds that are comparable to or even faster than traditional wired broadband services.
North America currently dominates the global 5G FWA market due to its strong telecommunications infrastructure, tech-savvy consumer base, and highly competitive market. However, other regions such as Europe and Asia Pacific are also expected to see significant growth in the coming years as 5G networks are deployed and the demand for high-speed internet connectivity continues to increase. The 5G FWA market is highly competitive, with a range of companies offering services to consumers and businesses. These companies include telecommunications providers, internet service providers, and technology companies. The market is also characterized by ongoing innovation and technological advancements as companies seek to differentiate themselves and provide the best possible service to their customers.
Company Profile
- Qualcomm Technologies
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Aspect |
Details |
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Company Name |
Qualcomm Technologies, Inc. (QTI) |
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Headquarters |
San Diego, California, USA |
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Founded |
1985 (Qualcomm Incorporated) |
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Key Executives |
– Cristiano Amon (President & CEO of Qualcomm Incorporated) – James H. Thompson (Executive Vice President, Engineering & CTO) – Akash Palkhiwala (Executive Vice President & CFO) |
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Number of Employees |
Approximately 51,000 (as of 2023) |
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Revenue |
$44.2 billion (Fiscal Year 2022) |
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Main Business Areas |
– Mobile and Computing Chipsets – 5G and Next-Generation Wireless Technologies – Internet of Things (IoT) – Automotive Solutions |
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Website |
www.qualcomm.com |
As a leading semiconductor and telecommunications equipment company, Qualcomm provides advanced chipsets and modems to support 5G FWA services. Their 5G technologies enable higher speeds, greater capacity, and lower latency for FWA services.
- Nokia Corporation
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Aspect |
Details |
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Company Name |
Nokia Corporation |
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Headquarters |
Espoo, Finland |
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Founded |
1865 |
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Key Executives |
– Pekka Lundmark (President & CEO) – Marco Wirén (Executive Vice President & CFO) – Tommi Uitto (President of Mobile Networks) |
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Number of Employees |
Approximately 86,000 (as of 2023) |
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Revenue |
€22.2 billion (Fiscal Year 2022) |
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Main Business Areas |
– Mobile Networks – Network Infrastructure – Cloud and Network Services – Nokia Technologies (Licensing and Innovation) |
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Website |
www.nokia.com |
Nokia is a leading provider of network infrastructure, software, and services for the telecommunications industry. They offer a range of 5G FWA solutions, including wireless access points, routers, and customer premises equipment. Their solutions can support a variety of FWA applications, including residential, enterprise, and public safety.
- Samsung Electronics
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Aspect |
Details |
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Company Name |
Samsung Electronics Co., Ltd. |
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Headquarters |
Suwon-si, Gyeonggi-do, South Korea |
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Founded |
1969 |
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Key Executives |
– Jong-Hee (JH) Han (Vice Chairman & CEO) – Kye Hyun Kyung (President & CEO, Device Solutions Division) – Kinam Kim (Chairman of Samsung Advanced Institute of Technology) |
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Number of Employees |
Approximately 287,000 (as of 2023) |
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Revenue |
KRW 302.23 trillion (Fiscal Year 2022) |
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Main Business Areas |
– Consumer Electronics (TVs, Home Appliances) – IT & Mobile Communications (Smartphones, Tablets) – Device Solutions (Semiconductors, Memory, System LSI) – Display Panels |
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Website |
www.samsung.com |
Samsung is a global electronics company that provides a range of 5G FWA solutions, including routers, access points, and modems. Their solutions are designed to provide high-speed internet connectivity for both residential and enterprise customers.
- Huawei Technologies Co., Ltd.
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Aspect |
Details |
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Company Name |
Huawei Technologies Co., Ltd. |
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Headquarters |
Shenzhen, Guangdong, China |
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Founded |
1987 |
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Key Executives |
– Ren Zhengfei (Founder & CEO) – Eric Xu (Rotating Chairman) – Ken Hu (Rotating Chairman) |
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Number of Employees |
Approximately 195,000 (as of 2023) |
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Revenue |
CNY 636.8 billion (Fiscal Year 2022) |
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Main Business Areas |
– Carrier Network Business (Telecom Equipment) – Enterprise Business (IT Infrastructure, Cloud Computing) – Consumer Business (Smartphones, PCs, Tablets) – Cloud Services and AI Solutions |
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Website |
www.huawei.com |
Huawei is a leading provider of telecommunications equipment and services, including 5G FWA solutions. Their 5G FWA solutions include routers, access points, and modems, and can support a range of applications, including residential and enterprise.
- Ericsson (Telefonaktiebolaget LM Ericsson)
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Aspect |
Details |
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Company Name |
Ericsson (Telefonaktiebolaget LM Ericsson) |
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Headquarters |
Stockholm, Sweden |
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Founded |
1876 |
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Key Executives |
– Börje Ekholm (President & CEO) – Carl Mellander (Senior Vice President & CFO) – Fredrik Jejdling (Executive Vice President & Head of Business Area Networks) |
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Number of Employees |
Approximately 105,000 (as of 2023) |
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Revenue |
SEK 271.5 billion (Fiscal Year 2022) |
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Main Business Areas |
– Networks (5G, Radio Access Networks) – Digital Services (OSS/BSS, Cloud Core) – Managed Services – Emerging Business (IoT, Cloud Infrastructure) |
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Website |
www.ericsson.com |
Ericsson is a global telecommunications equipment and services provider that offers a range of 5G FWA solutions. Their solutions include access points, routers, and customer premises equipment. They also provide network management and optimization services to support the deployment of 5G FWA networks.
- Mimosa Networks, Inc.
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Aspect |
Details |
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Company Name |
Mimosa Networks, Inc. |
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Headquarters |
Santa Clara, California, USA |
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Founded |
2012 |
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Key Executives |
– Brian Hinman (Co-Founder & Former CEO) – Jaime Fink (Co-Founder & Chief Product Officer) |
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Number of Employees |
Approximately 150 (as of 2022) |
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Revenue |
Not publicly disclosed (Private Company) |
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Main Business Areas |
– Wireless Broadband Solutions – Point-to-Point (PTP) and Point-to-Multipoint (PTMP) Products – Fixed Wireless Access Infrastructure |
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Website |
www.mimosa.co |
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Ownership |
Acquired by Airspan Networks Holdings Inc. in 2018 |
Mimosa Networks is a leading provider of wireless broadband solutions, including 5G FWA services. Their solutions include access points, routers, and customer premises equipment, and are designed to provide high-speed internet connectivity for residential and enterprise customers.
- Cohere Technologies, Inc.
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Aspect |
Details |
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Company Name |
Cohere Technologies, Inc. |
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Headquarters |
Santa Clara, California, USA |
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Founded |
2011 |
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Key Executives |
– Raymond P. Dolan (Chairman & CEO) – Shlomo Rakib (Co-Founder & CTO) – Ronny Hadani (Co-Founder & Chief Scientist) |
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Number of Employees |
Approximately 100 (as of 2022) |
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Revenue |
Not publicly disclosed (Private Company) |
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Main Business Areas |
– Wireless Communications Technology – Spectrum Multiplier Software Solutions – Open Radio Access Network (Open RAN) Integration |
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Website |
www.cohere-technologies.com |
Cohere Technologies is a wireless connectivity company that provides 5G FWA solutions. Their technology uses advanced modulation techniques to increase the capacity and performance of wireless networks, enabling faster and more reliable internet connectivity.
- Siklu Communication Ltd.
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Aspect |
Details |
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Company Name |
Siklu Communication Ltd. |
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Headquarters |
– Petah Tikva, Israel – San Jose, California, USA |
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Founded |
2008 |
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Key Executives |
– Eyal Assa (CEO) – Ron Cohen (CFO) |
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Number of Employees |
Approximately 100 (as of 2022) |
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Revenue |
Not publicly disclosed (Private Company) |
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Main Business Areas |
– Millimeter Wave Wireless Communications (60GHz, 70/80GHz) – Gigabit Wireless Backhaul Solutions – Fixed 5G Access and Smart City Applications |
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Website |
www.siklu.com |
Siklu is a leading provider of millimeter-wave wireless solutions, including 5G FWA services. Their solutions are designed to provide high-speed internet connectivity in dense urban environments, and can support a range of applications, including residential, enterprise, and public safety.
- AT&T Inc.
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Aspect |
Details |
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Company Name |
AT&T Inc. |
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Headquarters |
Dallas, Texas, USA |
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Founded |
1983 (as Southwestern Bell Corporation); renamed AT&T Inc. in 2005 after acquiring AT&T Corporation |
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Key Executives |
– John Stankey (CEO) – Pascal Desroches (Senior Executive Vice President & CFO) – Jeff McElfresh (COO) |
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Number of Employees |
Approximately 160,700 (as of 2023) |
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Revenue |
$120.7 billion (Fiscal Year 2022) |
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Main Business Areas |
– Telecommunications Services – Mobile and Fixed Line Communications – Broadband Internet Services – Business Solutions and Managed Services |
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Website |
www.att.com |
AT&T is a leading telecommunications company that provides a range of 5G FWA services. Their services include routers, access points, and customer premises equipment, and are designed to provide high-speed internet connectivity for residential and enterprise customers.
