5G fixed wireless access market 2020 is
all set to accrue a valuation of USD
7,553.87 million by 2024-end, reveals Market Research Future (MRFR). The
worldwide market is expected to progress at an exceptional rate of 70.75% between 2019 and 2024 (review
period). We will provide covid-19 impact analysis with the report, offering an
extensive market evaluation post the coronavirus disease outbreak.
Market Drivers and Key Barriers
The COVID-19 outbreak and the resultant lockdown impositions
have given rise to remote work, education as well as entertainment among
people. The situation has boosted the use of the Internet, leading to augmented
need for communication networks. More and more people are opting for streaming
services, be it Disney+, HBO Now or Netflix, post SARS-CoV-2.
Following the COVID-19 impact on the market, leading
companies have been focusing on bridging the communication gap between people
as well as businesses. They are also trying to leverage the opportunity that
has been birthed by the pandemic, which is the rising need for higher bandwidth
among people.
Renowned Industry Contenders
Some of the renowned industry contenders listed in the MRFR
study are Siklu Communication, Ltd. (Israel), AT&T Inc. (US), Telus
Corporation (Canada), Hrvatski Telekom (Croatia), Cisco Systems, Inc. (US),
Cohere Technologies, Inc. (US), Huawei Technologies Co., Ltd (China),
Samsung Electronics (South Korea), Swisscom (Switzerland), Nokia Corporation
(Finland), Telefonaktiebolaget LM Ericsson (Sweden), Mimosa Networks, Inc.
(US), Mobile Telephone Networks (MTN) (South Africa), Cellular South, Inc. (C
Spire) (US), Arqiva (Hampshire), United States Cellular Corporation (US),
Qualcomm Technologies (US), Telefónica (Spain), Orange SA (France), Verizon
Communications Inc.
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Segmental Review
Offering, territory and application are the key segments
based on which the MRFR study of the market has been carried out in the report.
Offering-wise, the market sections are hardware as well as
services. In the year 2018, the services segment clinched the leading position
in the 5G fixed wireless access market and MRFR expects the segment to maintain
its market position throughout the evaluation timeline.
The territory-based market segments can be semi-urban, rural
and urban. It is projected that the semi-urban area can be the top segment,
advancing at the fastest rate over the next few years.
The application areas of 5G FWA include commercial,
residential, government and industrial. In the coming years, the commercial
segment can acquire the highest progression rate while the residential segment
can emerge as the leader in the global market.
Regional Insight
The geographical distribution of the 5G fixed wireless access
industry comprises North America, Asia Pacific/APAC, Europe, and the rest of
the world/RoW.
North America and Europe have clinched the leading and
second-leading positions in the global market for 5G fixed wireless access
technology, respectively.
The North American market is booming, thanks to the presence
of a widespread and well-developed IT infrastructure, a large pool of renowned
firms and the high availability of technically skilled workforce
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TABLE OF CONTENTS:
1.
Market Introduction
2.
Research Methodology
3.
Market Dynamics
4.
Executive Summary
5.
Market Factor Analysis
6.
5G Fixed Wireless Access Market, By Segments
7.
Competitive Analysis
Continued…
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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