South Korea Fixed Wireless Access Market Size & Outlook
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South Korea fixed wireless access market highlights
- The South Korea fixed wireless access market generated a revenue of USD 8,813.4 million in 2023 and is expected to reach USD 29,364.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 18.8% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating offering in 2023.
- Services is the most lucrative offering segment registering the fastest growth during the forecast period.
Fixed wireless access market data book summary
| Market revenue in 2023 | USD 8,813.4 million |
| Market revenue in 2030 | USD 29,364.8 million |
| Growth rate | 18.8% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Services |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Services |
Other key industry trends
- In terms of revenue, South Korea accounted for 6.1% of the global fixed wireless access market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China fixed wireless access market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 812.6 million by 2030.
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Fixed Wireless Access Market Scope
Fixed Wireless Access Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Inseego | View profile | 251-500 | San Diego, California, United States, North America | http://www.inseego.com/ |
| FS | View profile | 1001-5000 | New Castle, Delaware, United States, North America | https://www.fs.com |
| Telstra Group Ltd | View profile | 32293 | 242 Exhibition Street, Level 41, Melbourne, VIC, Australia, 3000 | https://www.telstra.com.au |
| AT&T | View profile | 10001+ | Dallas, Texas, United States, North America | https://www.att.com |
| CommScope Holding Co Inc | View profile | 20000 | 3642 E. US Highway 70, Claremont, NC, United States, 28610 | https://www.commscope.com |
| Vodafone Group PLC | View profile | 85225 | Vodafone House, The Connection, Newbury, Berkshire, United Kingdom, RG14 2FN | https://www.vodafone.com |
| Deutsche Telekom AG | View profile | 201251 | Friedrich-Ebert-Allee 140, Bonn, Germany, 53113 | https://www.telekom.com |
| Verizon Communications Inc | View profile | 105400 | 1095 Avenue of the Americas, New York, NY, United States, 10036 | https://www.verizon.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Nokia Oyj | View profile | 86700 | Karakaari 7, Espoo, Finland, FI-02610 | https://www.nokia.com |
South Korea fixed wireless access market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fixed wireless access market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 56.43% in 2023. Horizon Databook has segmented the South Korea fixed wireless access market based on hardware, services covering the revenue growth of each sub-segment from 2019 to 2030.
In South Korea, Fixed Wireless Access (FWA) connections can be observed through the initiatives and deployments by major telecom operators such as SK Telecom, KT Corporation, and LG Uplus. These companies have been leveraging advanced technologies such as 5G to expand their FWA offerings and provide high-speed internet access to consumers.
For instance, SK Telecom has been actively promoting its “5GX Air” service, which utilizes its 5G network infrastructure to deliver FWA connections. This service enables users to access high-speed internet without the need for traditional wired connections, offering flexibility and convenience, especially in areas where wired infrastructure may be limited or unavailable.
Similarly, KT Corporation has launched its “Giga Wireless Internet” service, which utilizes 5G technology to deliver ultra-fast internet speeds to households and businesses.
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Target buyers of South Korea fixed wireless access market databook
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Our clientele includes a mix of fixed wireless access market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea fixed wireless access market, including forecasts for subscribers. This country databook contains high-level insights into South Korea fixed wireless access market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea Offering - Fixed Wireless Access Market, 2023 - 2030 (US$M)
South Korea Fixed Wireless Access Market Share, 2023 & 2030 (US$M)
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