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Increased Demand for 5G Fixed Wireless Access Networks from Different Industries

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The 5G fixed wireless access network offers high-speed data transfer rate, low latency, and consistent connectivity, which are useful for various industries. – PowerPoint PPT presentation

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Title: Increased Demand for 5G Fixed Wireless Access Networks from Different Industries


1
MarketsandMarkets Presents

Increased Demand for 5G Fixed Wireless Access
Networks from Different Industries 5G Fixed
Wireless Access Market with COVID-19 Impact
Analysis by Offering (Hardware, Services),
Operating Frequency (Sub6 GHz, 24 GHz39 GHz,
Above 39 GHz ), Demography (Urban, Semi-Urban,
Rural), Application, and Region - Global Forecast
to 2026 https//www.marketsandmarkets.com/Market-
Reports/5g-fixed-wireless-access-market-41266711.h
tml
2
According to the new market research report "5G
Fixed Wireless Access Market with COVID-19 Impact
Analysis by Offering (Hardware, Services),
Operating Frequency (Sub6 GHz, 24 GHz39 GHz,
Above 39 GHz ), Demography (Urban, Semi-Urban,
Rural), Application, and Region - Global Forecast
to 2026", published by MarketsandMarkets, the
market size is projected to grow from USD 503
million in 2020 to USD 86,669 million by 2026 it
is expected to grow at a CAGR 135.9 from 2020 to
2026. The past decade has witnessed several
improvements in network connectivity and related
services. A number of SMEs that aim to have full
control over their connectivity and provide
multi-carrier support to their customers
simultaneously require fast networks capable of
carrying out high-speed data transmissions. 5G
network technology is capable of offering
sufficient bandwidth to support increasing data
traffic. It offers 10 to 100 times more capacity
and high-speed data services than that provided
by 3G and 4G networks. Therefore, the increasing
demand for high-speed broadband services is
expected to drive the growth of the 5G fixed
wireless access market in the near
future. Browse 136 market data Tables and 48
Figures spread through 226 Pages and in-depth TOC
on "5G Fixed Wireless Access Market with COVID-19
Impact Analysis - Global Forecast to 2026"
3
The evolution of 5G is projected to take fixed
wireless access to a new level using a wide range
of radio spectrum. This is expected to enable
consumers to achieve major capacity gains and
low-latency connectivity. Thus, 5G fixed wireless
access is anticipated to enhance the performance
capabilities of networks and offer high-speed
network coverage than existing connectivity
networks. Ask PDF Brochure https//www.marketsan
dmarkets.com/pdfdownloadNew.asp?id41266711 The
increasing adoption of connected devices, such as
smartphones, laptops, and smart devices, in
several commercial and residential applications,
such as distance learning, autonomous driving,
multiuser gaming, videoconferencing, and live
streaming, as well as in telemedicine and
augmented reality, is expected to generate the
demand for 5G fixed wireless access solutions to
achieve extended coverage.
4
Services segment captures the largest market
share The services segment is projected to
account major market share of the 5G fixed
wireless access market in terms of value.
Increased spectrum efficiency and low cost per
bit are expected to strengthen the business cases
of fixed wireless access and support its
evolution toward 5G services. Along with network
vendors bringing fixed wireless access
technology, Ericsson (Sweden), Huawei
Technologies Co., Ltd. (China), and Nokia
(Finland) are offering fixed wireless as a
last-mile broadband access solution. Request
Free Sample Pages https//www.marketsandmarkets.c
om/requestsampleNew.asp?id41266711 5G fixed
wireless access services are expected to witness
an increased demand in coming years. Such
services include 5G B2B private lines, which
generate high average revenue per user (ARPU) and
face little competition in the market at present.
Despite their high service-level agreement (SLA)
requirements, 5G fixed wireless access services
are an attractive new market with good potential.
They also eliminate the requirement of complex
solution integrations and are already
commercially available.
5
North America to hold the largest market share in
2020 North America is estimated to account for
the largest market share, in terms of value, in
2020. North America is one of the leading markets
for 5G in the world in terms of research and
development, network design/deployment, and the
presence of the key players. In North America,
the US is considered to have the most engaged
user base, which is expected to grow continuously
with increase new subscribers. Full-fledged 5G
implementation in North America is expected to
fuel the market for on-demand video
services. The proliferation of 5G networks in
the region is increasing owing to the presence of
key players in North America. Mimosa Networks,
Inc. (US), Inc. (US), Cellular South, Inc. (C
Spire) (US), TELUS Corporation (Canada), ATT
Inc. (US), and Verizon Communications Inc. (US)
are a few key companies in the 5G market that are
actively participating in the development of 5G
fixed wireless access solutions.
6
About MarketsandMarkets MarketsandMarkets
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7
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INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 For More
Info https//www.marketsandmarkets.com/PressRelea
ses/5g-fixed-wireless-access.asp
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