Latency in Standardization of Spectrum Allocation May Hinder 5G Fixed Wireless Access Market to Some Extent
5G Fixed Wireless Access - A mature wireless mobile network technology that provides Internet access to a diverse consumer base without the use of fixed lines The next generation of FWA technology is called 5G Fixed Wireless Access.
The growing popularity of 5G Fixed Wireless Access (FWA) has seen tremendous adoption around the world due to its various convenient advantages. Some of the prominent advantages driving the 5G Fixed Wireless Access (FWA) market are the establishment of reliable connections, the convenience of unlimited data usage, and the benefits of connecting every electronic device including computers.
1. Latency in standardization of spectrum allocation may hinder 5G fixed wireless access market to some extent
However, delays in making spectrum allocation standardization decisions by different governments may hinder the 5G fixed wireless access (FWA) market to some extent.
The 5G Fixed Wireless Access (FWA) market is fragmented on the basis of offerings, demographics, applications and end users. The provisioning segment is divided into hardware (access units and client devices) and services. The services segment is expected to hold a sizable market share in the future owing to the global upgrade of cellular communication networks to cope with the rapidly increasing demand for data transfer rates.
The penetration rate of data-inspired applications such as ultra-high-definition video, augmented reality and virtual reality is also driving the development of related service industries. The demographics segment includes urban, rural-urban and rural. The fringe-urban area is estimated to grow at a significant rate over the forecast period.
Often, it can be a challenging task in fringe-urban areas due to the need for large investments and upgrades of network infrastructure. However, the implementation of FWA is expected to have a positive impact as it can facilitate high throughput high wireless connections.
The application scenarios of the 5G fixed wireless access (FWA) market are mainly Internet of Things (IoT), pay TV, broadband Internet, etc. The end user segment includes residential, commercial, industrial and government. The residential market is expected to hold a prominent market share in the coming years. 5G FWA is the first choice for residential consumers around the world as it helps to get gigabit speeds at a reasonable cost with zero installation fees.
North America holds a significant share of the 5G fixed wireless access (FWA) market and is expected to maintain its dominance over the next few years. The main factor driving this regional market is the strong presence of developed economies such as the United States and Canada, which are able to afford huge R&D expenditures. As a developing economy, the market demand in Mexico is expected to grow at a considerable rate in the coming years.
The 5G fixed wireless access (FWA) market in the Asia-Pacific region is expected to witness rapid growth in the future as rising government policies and regulations favour the launch of fifth-generation mobile services by well-known local vendors by the end of 2020. It is observed that domestic market players will cooperate with leading global market suppliers to benefit from new market opportunities. In the Asia-Pacific region, it has been observed that the Chinese market demand is extremely large.
In Europe, the 5G Fixed Wireless Access (FWA) market is mainly driven by increasing government investment in the development of 5G infrastructure for easy and fast deployment of 5G networks. Germany is expected to hold a significant market share over the forecast period. In 2016, the federal government launched the 5G Plan for Germany, which represents a framework for action to support the deployment of 5G.
The increase in the number of Internet users in Latin America has also increased the demand for high-speed Internet, which is driving the growth of the 5G fixed wireless access (FWA) market. 5G FWA is rapidly gaining traction in Latin America as it helps to achieve high network connection speeds along with low latency and low power consumption. In 2018, Latin America had more than 438 million internet users.
2. 5G fixed wireless access information: 34 operators around the world have launched 5G fixed wireless access services or home broadband services
On September 27, 2020, according to foreign media reports, more and more operators have launched 5G commercial services. Currently, there are more than 100 telecom operators in the world that have launched 5G commercial services.
More than 100 telecom operators worldwide have launched 5G commercial services, according to data released by the Global Mobile Suppliers Association (GSA) on its official website last week.
According to data released by the Global Mobile Suppliers Association on its official website last week, as of mid-September, 101 operators around the world had launched one or more 5G commercial services that comply with 3GPP standards in 44 countries or regions.
In August, the Global Mobile Suppliers Association also announced the status of global 5G development on its official website. At that time, 96 operators launched 5G services that meet 3GPP standards in 41 countries or regions.
Data from the official website of the Global Mobile Suppliers Association also shows that among the 101 operators that have launched 5G services, 94 have launched 5G mobile services, and 34 have launched 5G fixed wireless access services or home broadband services.
In addition to the 101 telecom operators that have launched 5G commercial services, many operators have deployed related technologies in their networks, and a large number of operators are investing in 5G. Data from the official website of the Global Mobile Suppliers Association shows that 397 operators in 129 countries or regions are investing in 5G, and 124 operators have deployed 3GPP-compliant technologies in their networks. Over time, more and more telecom operators will launch 5G commercial services around the world.