5G to Be 40% of FWA Market by 2026: ABI
The global fixed wireless access market is expanding quickly “to fulfill the need of high-speed broadband connectivity” for business and consumer segments, and 5G’s “fiber-like broadband service” capabilities are expected to speed FWA adoption, reported ABI Research Wednesday. It forecasts the FWA market will exceed 180 million subscriptions globally and generate $70 billion in revenue by 2026, when 5G FWA will have 40% of the total FWA market. “5G FWA services can be deployed faster and at lower cost” than fiber to the home, said ABI. Faster time-to-market at a lower rate of capital expenditures are the key advantages of FWA deployments “to expand the service coverage and boost adoption,” it said.