Fixed Wireless Access Market Growth Driven by Government Initiatives

The global fixed wireless access market size was estimated at USD 143.61 billion in 2023 and is projected to reach USD 476.34 billion by 2030, growing at a CAGR of 19.8% from 2024 to 2030. Market growth is driven by the rapid advancement and deployment of 5G technology. Unlike traditional broadband that depends on fixed-line infrastructure such as fiber or DSL, fixed wireless access (FWA) leverages cellular networks to deliver high-speed internet.

The rollout of 5G networks, offering lower latency, higher bandwidth, and faster data speeds than 4G, has positioned FWA as a strong alternative to wired broadband, especially in regions where fiber-optic deployment is cost-intensive or geographically challenging.

Rising demand for high-speed internet in rural and underserved areas, where traditional broadband infrastructure is limited or unavailable, is fueling adoption. FWA serves as an attractive solution in these markets since it can be deployed faster and at a lower cost compared to laying physical cables. The growing reliance on reliable internet for remote work, online education, streaming, and digital services further strengthens market demand.

Key Market Highlights:

• Asia Pacific accounted for the largest share of 37.2% of global revenue in 2023.
• By offering, the services segment led the market with 56.8% of global revenue in 2023.
• By operating frequency, the Sub-6 GHz segment represented the largest market share in 2023.
• By demography, the urban segment contributed the highest market revenue share in 2023.
• By application, the residential segment held a significant market share in 2023.

Download a free sample PDF of the Fixed Wireless Access Market Intelligence Study from Grand View Research.

Market Performance:

• 2023 Market Size: USD 143.61 Billion
• 2030 Projected Market Size: USD 476.34 Billion
• CAGR (2024–2030): 19.8%
• Asia Pacific: Largest market in 2023

Prominent Companies & Market Dynamics:

The fixed wireless access market is highly competitive, with players focusing on technological innovation and differentiated service offerings.

For example, in June 2023, Nokia Corporation introduced a purpose-built FWA receiver for the North American market. The Nokia FastMile 5G receiver, equipped with a high-gain antenna, delivers high-speed connectivity over extended distances—making it particularly suitable for rural and suburban regions. It supports both 5G and 4G bands, including CBRS and C-band.

Key Companies:

• Nokia Corporation
• AT&T Inc.
• T-Mobile USA, Inc.
• CommScope Inc.
• Verizon Communications Inc.
• Vodafone Group Plc
• Huawei Technologies Co., Ltd.
• Inseego Corp
• Telstra
• FS

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The global fixed wireless access market is poised for robust growth, fueled by the rapid adoption of 5G, rising demand for high-speed connectivity in underserved regions, and increasing reliance on digital services. With strong contributions from the Asia Pacific region and continued innovation by key players, FWA is set to emerge as a cost-effective and scalable alternative to traditional broadband by 2030.