LOS ANGELES, Aug. 30, 2019 (GLOBE NEWSWIRE) -- During the last few years, there has been a significant increase in the development of the telecommunication sector. The global 5G fixed wireless access market is majorly driven by increasing demand for high bandwidth, increasing demand for better network, and continuously increasing investment. Moreover, infrastructure development, rapid urbanization, and continuously increasing support have supported the growth of the global 5G fixed wireless access market. During last year, there is a continuously increasing number of launches by the major players which will create a huge opportunity in the near future.
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The global 5G Fixed Wireless Access market is segmented by offering, demography, application and region.
On the basis of offering, the global 5G fixed wireless access market has been bifurcated into hardware: access Units & CPE, services. On the basis of demography, the market is categorized into rural, semi-urban, and urban. Urban areas hold the major share in the global market. Well developed infrastructure in the urban areas, high spending of the people, and technological advancement, all these factors have driven the growth of the urban area. On the basis of application, the global 5G fixed wireless access market has been segmented into residential, industrial, commercial, government, and others.
Geographically, the global 5G Fixed Wireless Access market is segmented into four regions: North America, Europe, Asia Pacific, and Latin America and Middle East & Africa.
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North America is expected to hold the major share during the forecast period due to the presence of high technologies, advanced telecommunication sector, availability of huge funds and companies in this region has simultaneously increased the 5G Fixed Wireless Access market. Huge demand in this region, well developed technology will support the growth of the North America 5G fixed wireless access market. Europe 5G fixed wireless access market is expected to have a significant growth increasing consumption from various governmental bodies as well as private sectors. Increasing demand from various countries like Germany, U.K. and France have supported the market growth. Asia Pacific is expected be the fastest growing region during the forecast period owing to the rapid urbanization, especially in developing countries such as India and China. Continually improving in infrastructure and increasing spending of the people have boosted the growth of the market. LAMEA is expected to experience a considerable growth. Middle East holds the major share in LAMEA region.
Some of the major players analyzed and profiles in this market include Qualcomm Technologies, Cohere Technologies, Inc., Siklu Communication, Ltd., Samsung Electronics, Huawei, Ericsson, AT&T Inc., Verizon Communications Inc., Orange S.A., United States Cellular Corporation, Arqiva, Cellular South, Inc., Mimosa Networks, Inc., TELUS Corporation, Telefónica, Mobile Telephone Networks (MTN), Cisco, Nokia Corporation, Swisscom, and Hrvatski Telekom.
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