How big is the 5G fixed wireless access market | Growth & Insights

Q: What is the current size and forecast of the 5G FWA market?

The market was valued at USD 6.8 billion in 2024 and is projected to reach USD 38.9 billion by 2031 at a CAGR of 28.4%.

Q: What segments are showing highest growth?

Residential broadband, rural deployments, and enterprise backup networks.

Q: What drives the market demand?

Affordable broadband alternatives, fast rollout, and 5G coverage expansion.

Q: What challenges exist in the FWA market?

Spectrum limitations, signal interference, and indoor coverage variability.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA4827

Publication Date: Jul 2025

How big is the 5G Fixed Wireless Access Market?

According to 6Wresearch internal database and industry insights, the Global 5G fixed wireless access (FWA) market was valued at approximately USD 6.8 billion in 2024 and is projected to reach USD 38.9 billion by 2031, growing at a CAGR of 28.4% during the forecast period.

This growth is fueled by the global demand for high-speed broadband in underserved areas, easier deployment compared to fiber, and ongoing 5G network expansion.

Key Growth Drivers of the 5G Fixed Wireless Access Market

Rapid urban and rural broadband expansion where fiber deployment is limited
Increased use of FWA in residential and small business broadband connectivity
Cost-effective alternative to wired infrastructure for last-mile access
High-performance CPE devices supporting mm Wave and sub-6 GHz spectrum
Government programs promoting digital inclusion and broadband penetration

5G Fixed Wireless Access Market Trends

5G fixed wireless access market is witnessing strong traction in suburban and rural areas as an alternative to fiber and DSL. Telecom providers are bundling FWA with home entertainment and IoT services, increasing consumer adoption. Mm Wave and massive MIMO technologies are improving network performance in dense urban zones. In addition, the rise of plug-and-play CPE units with self-installation features is streamlining rollout. Enterprises are also adopting FWA for backup and remote branch connectivity, adding to demand diversity.

Emerging Developments in the 5G Fixed Wireless Access Market

Recent trends are the traffic routing in FWA using AI to deliver the best bandwidth. Manufacturers of devices are building Wi-Fi 7 features in the CPE devices to support connectivity in the home. The remote FWA performance is being monitored together with the capability of adding new services by the operators through cloud-based management platforms. The vendors are coming up with FWA solutions that deal with industrial and smart farming use cases. Satellite-5G hybrid models are even being prototyped to cover geographies that are inaccessible.