Residential FWA to Rise at 16.1% CAGR: GlobalData

U.S. fixed wireless access residential subscriptions are projected to rise at a 16.1% compound annual growth rate the next five years, reaching 5.31 million in 2026, reported GlobalData Friday. The expansion of 5G networks will combine with increasing demand for broadband in the post-COVID-19 era to drive most growth, it said. Fixed wireless access was “gaining traction” pre-pandemic, “thanks to demands for faster broadband with lower latency in unserved and underserved areas, the push for digital inclusion” and growing adoption of digital voice assistants and related smart home devices, said analyst Tammy Parker.