5G fixed wireless access to generate $2.5bn globally in operator revenue by 2023; growing 480% in 12 months

Hampshire, United Kingdom – A new study by Juniper Research has found that total operator-billed revenue generated from 5G FWA (fixed wireless access) services will rise from [$515 million (€535.85 million)] in 2022 to [$2.5 billion (€2.60 billion)] next year. This staggering growth will be driven by 5G’s advanced network capabilities, such as ultra-low delay and increased data processing to provide connectivity services that were previously unachievable with 4G technology.

FWA includes services that provide high-speed Internet connectivity through cellular‑enabled CPE (customer premises equipment) for uses including broadband and IoT networks.

Operators to leverage 5G FWA to secure return on investment

The research predicts that operators’ 5G FWA revenue will reach [$24 billion (€24.97 billion)] globally by 2027. It identified the consumer market as the sector generating the highest revenue for operators; representing 96% of global 5G FWA revenue. However, it warns that operators must provide a compelling user proposition for FWA solutions through the bundling of services such as video streaming, gaming and smart home security to enrich user experience and gain competitive advantage against incumbent high‑speed connectivity technologies, such as FTTP (fibre‑to‑the‑property).

Research author Elisha Sudlow-Poole remarks: “The benefits of FWA are now comparable with services using fibre-based networks. Operators have an immediate opportunity to generate revenue from broadband subscriptions directly to end users by providing last-mile solutions underpinned by their existing 5G infrastructure.”

5G FWA to be offered as a last-mile solution

The report also identified private networks as a key monetisation opportunity; offering superior network capabilities over 4G. Smart manufacturing, shipping ports and airports are the key use cases for 5G FWA. The report recommends that operators use 5G FWA to facilitate the last mile-solution by treating the relationship between FWA and fibre networks as wholly collaborative to maximise network performance and return on investment.

Juniper Research provides research and analytical services to the global hi-tech communications sector, providing consultancy, analyst reports and industry commentary.

Comment on this article below or via Twitter: @VanillaPlus OR @jcvplus

RECENT ARTICLES

The emerging role of satellites in expanding cellular networks

Posted on: April 25, 2024

Satellites are rapidly gaining prominence in the world of cellular communication. However, the full extent of their potential to complement terrestrial networks as well as phone services and broadband is

Read more

OSIA specification recognized as ITU-T international standard

Posted on: April 24, 2024

The Secure Identity Alliance (SIA) has announced that its OSIA specification is recognised as international standard by the International Telecommunication Union’s Telecommunication Standardization Sector (ITU-T). This milestone establishes OSIA as

Read more