“During 2021, 5G coverage really expanded, making 5G an option for a lot more people,” said Omdia’s principal analyst Kristin Paulin. “The major operators in the U.S. have more than 70 percent coverage. In Canada, 5G really expanded for the three major operators during 2021, with each ending the year with 70 percent coverage. This is compared to between 24 percent and 45 percent coverage, depending on the operator, at the same time last year.” Overall, the number of 5G commercial networks has reached 216, according to data from 5G Americas. That number is expected to reach 330 by the end of 2022 and 352 by the end of 2024, representing strong 5G network investment growth in many regions throughout the world. Driving Factors According to the Polaris study, the rising demand for high-speed internet connectivity with low latency and low power consumption has accelerated the 5G fixed wireless access market growth. As compared to traditional wired internet services, FWA is easier to set up because it reduces the need for physical cables. This is one of the beneficial factors driving the market growth. Also, the development of machine-to-machine (M2M) technology and the increasing adoption of millimeter-wave in 5G FWA is expected to drive the growth of the 5G FWA market. Segmenting the Study On the basis of offering, the Polaris study shows the global 5G FWA market is segmented into hardware and software, and software has had the highest share in the global market since 2019. This growth is attributed to the availability of several types of services, including the connection of devices required for smart and safe vehicles, smart homes, smart cities, smart schools, improved education and health care. By demography, the Polaris study indicates the market is divided into urban, semi-urban and rural. Among these, the semi-urban demography is projected to generate the largest market share. Further, the rural sector is expected to experience significant adoption of 5G FWA. However, the urban category is anticipated to show slow adoption of 5G technology, because people in these regions still are accessing advanced 4G technology. On the grounds of application, the Polaris study shows the market is segmented into residential, commercial, industrial and government. The residential application is anticipated to generate the largest revenue share in the global market. Residential customers get gigabits of speed at the competitive price with easy installation. Geographically, North America dominates the market with the greatest revenue and the largest market share. The highly engaged user base, along with the novel subscribers, is expected to be generated mostly in the United States. Also, the major companies based in countries such as Canada and the United States are investing and developing secured, robust, and seamless 5G internet connection and bandwidth, which is expected to boost the growth for on-demand video services. Europe is the second-largest region dominating the market owing to growing government funding to enhance the development of 5G infrastructure for fast and simple usage of 5G high-speed and low-latency networks. Germany, in particular, is projected to generate the highest global market share among European countries. o Global 5G FWA Market Scope Attribute Details Market Size 2019 Value $389.05 Million Market Outlook for 2027 $88.5 Billion Expected CAGR Growth 99.3% from 2021 - 2027 Base Year 2019 Forecast Year 2020 - 2027 Top Market Players Arqiva, AT&T Inc., Cellular South, Inc. (Cspire), Cisco, Cohere Technologies, Inc., Ericsson, Hr vatski Telekom, Huawei, Mimosa Networks, Inc., Mobile Telephone Networks (MTN), Nokia, Orange S.A., Qualcomm Technologies, Samsung Electronics, Siklu Communication, Swisscom, Telefónica S.A., Telus Corporation, United States Cellular Corporation, and Verizon Communications Inc Source: Omdia; 5G Americas Source: McKinsey & Co. Effectiveness of new sales models in reaching and seving customers Existing Apr 2020 Existing Aug2020 Existing Feb 2021 Existing Dec 2021 As effective or more so compared with prior to COVID-19 % of respondents Source: Pulse Security Solutions Aren’t Currently Centralized Source: Omdia; 5G Americas 5G mobile connections (millions) Q2 2019 Asia & Oceania Americas Europe Middle East & Africa Q3 2019 Q4 2019 Q12020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 54% 75% 83% 92% Much less Somewhat less As effective Somewhat more Much more 9 18 27 39 7 15 31 29 20 5 24 34 25 13 4 33 6 37 22 26% 2% 6+ 4-5 2-3 13% 59% They’re centralized in one security hub 50 100 150 200 250 300 350 400 450 500 60 CHANNELV ISION | MARCH - APRIL 2022 MOBILE & WIRELESS
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