5G Fixed Wireless Access Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, 2020-2030

Industrial is the fastest growing segment, North America is the largest market globally

The Global 5G Fixed Wireless Access Market, valued at USD 7.70 Billion in 2024, is projected to experience a CAGR of 41.04% to reach USD 60.61 Billion by 2030. The Global 5G Fixed Wireless Access (FWA) Market provides broadband internet utilizing 5G cellular networks for fixed locations, circumventing traditional wired infrastructure.

Key Market Drivers

The escalating demand for high-speed broadband connectivity represents a primary driver for the Global 5G Fixed Wireless Access Market. Consumers and businesses increasingly rely on robust internet for remote work, streaming, and advanced digital applications, necessitating greater bandwidth and lower latency. This persistent need is underscored by substantial growth in data consumption; according to the June 2024 Ericsson Mobility Report, mobile network data traffic grew 25 percent year-on-year between March 2023 and March 2024, demonstrating the continuous upward trajectory of connectivity requirements.

Key Market Challenges

The consistent availability and effective allocation of suitable spectrum represents a significant impediment to the growth of the Global 5G Fixed Wireless Access Market. Spectrum scarcity directly limits the capacity and coverage an operator can offer through 5G FWA, thereby restricting the number of subscribers that can be served and hindering the delivery of high-speed, reliable broadband services. Insufficient access to mid-band frequencies, which provide an optimal balance of speed and range, particularly hampers the ability of operators to expand 5G FWA offerings to new customers and geographies.

Key Market Trends

A primary trend for the Global 5G Fixed Wireless Access Market involves its diversification into enterprise and industrial applications, extending beyond residential broadband. The capabilities of 5G, including high speeds, low latency, and substantial capacity, make it an effective solution for demanding business and industrial connectivity needs. This expansion is evident in the increasing adoption of private 5G networks. According to GSMA Intelligence, in 2023, the proportion of surveyed operators launching or testing private 5G solutions nearly doubled, reaching 64% from 34% in 2022. This enables critical operations across sectors like manufacturing, logistics, and utilities, facilitating real-time automation and remote monitoring. Nokia indicated in June 2025 that it serves over 890 private wireless customers, signifying its expanding presence in diverse industrial segments and fostering new operator revenue.

Key Market Players Profiled:

• Verizon Communications Inc.
• AT&T Inc.
• Deutsche Telekom AG.
• China Mobile Limited
• NTT Group
• Orange SA
• Vodafone Group Plc
• Qualcomm Technologies Inc.
• Ciena Corporation
• Nokia Corporation

Report Scope:

In this report, the Global 5G Fixed Wireless Access Market has been segmented into the following categories:

By Offerings:

• Hardware
• Services

By Application:

• Residential
• Commercial
• Industrial,
• Government

By Territory:

• Urban
• Semi-Urban
• Rural

By Region:

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global 5G Fixed Wireless Access Market.

Available Customizations:

With the given market data, the publisher offers customizations according to a company's specific needs. The following customization options are available for the report:

• Detailed analysis and profiling of additional market players (up to five).

This product will be delivered within 1-3 business days.