5G Fixed Wireless Access Market

Global Industry Analysis (2018-2021), Growth Trends and Market Forecast (2022-2026)

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5G Technology | Future of Industry

Fast, reliable broadband transmission and services are set to revolutionize the way we make decisions, manufacture products, and maintain factories. 5G network technology is touted as the most important driver of economic growth in the coming decade; designed to meet the very large growth in data and connectivity of today’s modern society, the internet of things with billions of connected devices, and tomorrow’s innovations. Very important advantage of 5G is the fast response time referred to as latency. It provides 10 to 100 times the capacity and high-speed data services of 3G and 4G networks; connectivity at 10 Gbps throughput.This is virtually instantaneous opening up a new world of connected applications

  • better connection (and always connected)
  • increased spectrum – multiple element base station - greater capacity, multiple users, faster speed and data
  • massive MIMO (multiple input, multiple output) - very large numbers of antenna elements or connections to send and receive more data simultaneously
  • more people can simultaneously connect to the network and maintain high throughput

According to the regulator Ofcom, we will be using 13 times more data in 2025 than we are today. Many of these new devices will be things that power and monitor our homes, city infrastructure, transport and more, via Internet of Things (IoT).

5G will benefit consumers, businesses and networks.

  • advancing societies - connection of billions of devices for our smart cities, smart schools and smart homes, smart and safer vehicles, enhance health care and education, and provide a safer and more efficient place to live
  • transforming industries - wealth of data allowing them to gain insights into their operations like never before. Businesses will operate and make key decisions driven by data, innovative manufacturing, paving the way for cost savings, better customer experience and long-term growth
  • elevating communication experiences - such as virtual and augmented reality will be accessible by everyone. Virtual reality provides connected experiences that were not possible before. With 5G and VR we will be able to travel to our favorite city, watch a live football match with the feeling of being at the ground, or even be able to inspect real estate and walk through a new home all from the comfort of a couch
  • access to data and information in much shorter response time, an important enhancement especially for emergency services, military and critical response teams
  • connected farms: innovative agriculture, smart farms
  • telemedicine

Not to discount and undermine e-commerce and m-commerce, net/mobile banking, payment apps, online visual merchandising, food delivery apps, government to public services (IT filing, GST submissions, Registration, Land records etc.) potential.

Low power consumption - according to a European Commission report (November 2019), broadband equipment accounts for 21% of global ICT sector energy consumption. As a result, 5G systems are being designed to be energy efficient in order to reduce the carbon footprint.

Low latency at 1ms is critical for implementing safety systems and ensuring real-time vehicle-to-vehicle and vehicle-to-infrastructure communication in autonomous/connected cars. Influx of messaging or interactive services, location-based ads, chatbots. In Defence, a better answer to military needs; when looking for enhanced orchestration, hybrid networks, interoperability, cybersecurity and resilience, moving from one system per need, to one system for all needs. Reduced waiting time, superior situational awareness during most critical missions and improved connectivity between those on the field and at HQ.  Remote control will be improved with a lower waiting time, drones’ control will become more precise, and the native connectivity will be improved for soldier.

That being, how a company (governments) collects, stores, and uses that data will be critical to success, so investment in analytics tools will be essential. A number of companies and government agencies are increasing their investments in research and development to support the development and deployment of 5G technology.

Mobile and Telecommunication Operators Contribute Hugely to Global Economy

Mobile companies may face revenue reductions due to high infrastructure costs – new capital requirements and upgrade existing networks to 5G standards (replacing or installing new components such as access networks, gateways, switches, and routing elements).

Nevertheless, by 2025, there would be 5 billion mobile Internet users and 6 billion mobile subscribers. Additional indirect benefits and productivity gains enable the mobile industry to contribute nearly $4 trillion to the global economy (equivalent to 5% of global GDP). Mobile operators generate over 60% of the economic benefits of this entire industry. The remaining 40% is produced by other market players: infrastructure manufacturers and integrators, retailers and distributors of mobile products and services, manufacturers of mobile devices, as well as providers of mobile content, applications and services.

On the flip side,

  • devices running 5G connectivity will experience a huge battery drain, resulting in the need for better battery technology
  • one of the changes in 5G radio is the use of higher frequency bands - these higher frequency bands are only good over relatively short distances and are easily blocked by buildings. Great for factory automation, but in cities, operators will require a lot more 5G radios to cover a given area and it doesn’t currently address rural areas at all
  • likely to bring a greater risk for cyber-attacks - risk of hackers downloading and extracting information, including personal data, at a much faster speed than ever before. Heightens security challenges.

The U.S. remains the world’s leading mobile market and the figurehead from which the world’s other markets take their cues. Growth in the U.S. mobile subscriber base remains strong, with a penetration rate of 127%, and 5G is now being deployed by U.S. providers. According to the GSMA, almost half of North American mobile connections will be running on new 5G networks by 2025, fueled by operators spending on new networks. Depending on the data used, the size of the digital economy (ICT - information and communication technology) today ranges from 4.5 to 15.5% of world GDP. Nearly 40% of the value added in the ICT sector comes from the United States and China.

The GSMA estimates that 5G will account for 20% of global connections by 2025, with take-up particularly strong in North America and Europe, while Informa reports that 5G could be responsible for 22.3 million jobs and $13.2 trillion of global economic output by 2035.

71% of the world’s population will be mobile subscribers. Developing countries like India, China, Pakistan, Indonesia, Bangladesh, as well as Sub-Saharan Africa and Latin America, will account for this growth.

Competitive Landscape

The major market players include Nokia, Samsung Electronics, Huawei Technologies Co., Ltd., Ericsson, Mimosa Network, Inc., Siklu Communication, Vodafone, Verizon Communications Inc., Inseego, and CableFree are the leading companies in the 5G fixed wireless access market.

  • July 2021 National Institute of Information and Communications (NICT), Tokyo achieved record breaking data transfer speeds at 319 terabits/second
  • May 2020, Siklu and Critical Systems Group partnered to represent their brand in the Southeast region. The mmWave wireless technology of Siklu provides short-and medium-range high-capacity wireless transmission with virtually zero interference.
  • February 2020, Inseego launched a full line-up of new second-generation 5G devices that leverage the new Qualcomm Snapdragon X55 5G modems.

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