LONDON ,
July 11,
2024 /PRNewswire/ --The 5G network roll-out for
Mobile Network Operators (MNOs) continues to progress, and Fixed
Wireless Access (FWA) has been a masterstroke for network
monetization. This has made growing their total FWA connections for
consumer and enterprise markets a key strategy for Mobile Network
Operators (MNOs). According to global technology intelligence firm
ABI Research, 5G FWA Customer Premises Equipment (CPE)
shipments will increase from 10.7 million in 2023 to 36.8 million
in 2029 at a Compound Annual Growth Rate of 22.9%.
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"The U.S. market has been a great success story for 5G FWA. All
three major MNOs are on track to hit their targets for total FWA
connections, achieved by serving customers with a multi-vendor
portfolio of CPEs for their varying requirements," explains Larbi
Belkhit, Industry Analyst at ABI Research. "Traction for this
technology is picking up globally, with India's Reliance Jio aiming to serve 100
million residential and enterprise connections through 5G FWA. In
fact, most major service providers worldwide are triumphantly
growing their FWA connections."
Innovations within the 5G CPEs are being unveiled, not just
proof of concept but also commercial solutions. At Mobile World
Congress (MWC) 2024 in Barcelona,
stc Kuwait, in partnership with
Huawei, unveiled the commercial deployment of 5G RedCap FWA, module
vendors MeiG and Fibocom separately showcased their
latest RedCap modules, and Tozed Kangwei presented a RedCap
CPE. At the same show, ZTE unveiled the industry's first
AI-enabled 5G CPE for better bandwidth utilization and
Nokia unveiled its latest innovations with 5G mmWave indoor
and outdoor CPEs.
Furthermore, enterprise FWA announcements have also gained
traction in 2024, especially in the U.S. market as MNOs diversify
their offerings, with Askey and Cisco added to AT&T's
Business Service, and Cradlepoint added to T-Mobile's
Connected Workplace service.
"The enterprise market, especially Small to Medium-Sized
Businesses (SMBs), is a fast-growing opportunity for FWA,
especially in the US. The faster deployment and scalability it
offers makes it particularly attractive for SMBs, but they have
more nuanced requirements than simply just performance and price,
so CPE vendors diversifying offerings to serve this market is key
to success," Belkhit concludes.
These findings are from ABI Research's 5G FWA CPE: Market
Dynamics, Innovations, and Long-Term Trends report. This
report is part of the company's 5G, 6G & Open
RAN research service, which includes research, data, and ABI
Insights.
About ABI Research
ABI Research is a global technology intelligence firm uniquely
positioned at the intersection of technology solution providers and
end-market companies. We serve as the bridge that seamlessly
connects these two segments by providing exclusive research and
expert guidance to drive successful technology implementations and
deliver strategies proven to attract and retain customers.
ABI
Research是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。
For more information about ABI Research's services, contact us
at +1.516.624.2500 in the Americas, +44.203.326.0140 in
Europe, +65.6592.0290 in
Asia-Pacific, or
visit www.abiresearch.com.
Contact Info:
Global
Deborah Petrara
Tel:
+1.516.624.2558
pr@abiresearch.com
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SOURCE ABI Research