Juniper Research: 5G Fixed Wireless Access to Generate $2.5 Billion Globally in Operator Revenue by 2023; Growing 480% in 12 Months
By Business Wire
BASINGSTOKE, England--(BUSINESS WIRE)--#5gfixedwirelessaccess--A new study by Juniper Research has found that total operator-billed revenue generated from 5G FWA (Fixed Wireless Access) services will rise from $515 million in 2022 to $2.5 billion next year. This staggering growth will be driven by 5G’s advanced network capabilities, such as ultra-low delay and increased data processing to provide connectivity services that were previously unachievable with 4G technology.
FWA includes services that provide high-speed Internet connectivity through cellular‑enabled CPE (Customer Premises Equipment) for uses including broadband and IoT networks.
- To find out more, see the new report: 5G Fixed Wireless Access: Future Opportunities, Segment Analysis & Market Forecasts 2022-2027
- Download the free whitepaper: How Operators Will Capitalise on 5G Fixed Wireless Access in 2023
Operators to Leverage 5G FWA to Secure Return on Investment
The research predicts that operators’ 5G FWA revenue will reach $24 billion globally by 2027. It identified the consumer market as the sector generating the highest revenue for operators; representing 96% of global 5G FWA revenue. However, it warns that operators must provide a compelling user proposition for FWA solutions through the bundling of services such as video streaming, gaming and smart home security to enrich user experience and gain competitive advantage against incumbent high‑speed connectivity technologies, such as FTTP (Fibre‑to‑the‑Property).
Research author Elisha Sudlow-Poole remarked: “The benefits of FWA are now comparable with services using fibre-based networks. Operators have an immediate opportunity to generate revenue from broadband subscriptions directly to end users by providing last-mile solutions underpinned by their existing 5G infrastructure.”
Here's another interesting article on All You Need To Know About Networking Solutions
5G FWA to Be Offered as a Last-mile Solution
The report also identified private networks as a key monetisation opportunity; offering superior network capabilities over 4G. Smart manufacturing, shipping ports and airports are the key use cases for 5G FWA. The report recommends that operators use 5G FWA to facilitate the last mile-solution by treating the relationship between FWA and fibre networks as wholly collaborative to maximise network performance and return on investment.
5G Fixed Wireless Access market research: https://www.juniperresearch.com/researchstore/operators-providers/5g-fixed-wireless-access-research-report
Download the whitepaper: https://www.juniperresearch.com/whitepapers/how-operators-will-capitalise-on-5g-fixed-wireless
Juniper Research provides research and analytical services to the global hi-tech communications sector, providing consultancy, analyst reports and industry commentary.
Sam Smith, Press Relations
T: +44(0)1256 830002
Liked what you read? Head to the TechDogs homepage to find the latest tech content infused with drama and entertainment. We've got Articles, White Papers, Case Studies, Reports, Videos and Events that help you Know Your World of Technology.
First published on Tue, Sep 20, 2022
Disclaimer - Reference to any specific product, software or entity does not constitute an endorsement or recommendation by TechDogs nor should any data or content published be relied upon. The views expressed by TechDogs’ members and guests are their own and their appearance on our site does not imply an endorsement of them or any entity they represent. Views and opinions expressed by TechDogs’ Authors are those of the Authors and do not necessarily reflect the view of TechDogs or any of its officials. All information / content found on TechDogs’ site may not necessarily be reviewed by individuals with the expertise to validate its completeness, accuracy and reliability.
Join The Discussion