Expected market growth for FWA

The market outlook for Fixed Wireless Access (FWA) is promising, with significant growth expected in the coming years. The global 5G FWA market is projected to reach an estimated $238.8 billion by 2030, with a compound annual growth rate (CAGR) of 35.4% from 2024 to 2030. FWA connections worldwide are expected to increase from 130 million at the end of 2023 to 330 million by the end of 2029, representing 18% of all fixed broadband connections.

By 2025, it's anticipated that around 10% of households will use FWA for their internet connection, particularly in areas where extending fiber infrastructure is not cost-effective. FWA's ability to bridge the digital divide in underserved rural, remote and suburban areas makes it an efficient and scalable solution for meeting the growing demand for broadband connectivity without breaking the bank. To efficiently keep track of the estimated increase in network equipment, communication service providers can use iconectiv® TruOps® Common Language® CLEI Codes when deploying equipment to reach these areas.