Market revenue in 2023 | USD 53,350.0 million |
Market revenue in 2030 | USD 202,574.7 million |
Growth rate | 21% (CAGR from 2023 to 2030) |
Largest segment | Services |
Fastest growing segment | Services |
Historical data covered | 2019 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Hardware, Services |
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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 56.68% in 2023. Horizon Databook has segmented the Asia Pacific fixed wireless access market based on hardware, services covering the revenue growth of each sub-segment from 2019 to 2030.
Factors such as the large and rapidly growing population, rising adoption of 5G technology, and increasing digitalization are major factors driving the market. With a strong focus on innovation and infrastructure development, countries likes China, India, and Singapore are emerging as major economic powerhouses, attracting investments and fostering entrepreneurship.
Companies like Huawei Technologies are leading the way in Fixed Wireless Access (FWA) with strategies focused on deploying cutting-edge 5G technology to expand connectivity. Huawei's FWA solutions leverage its expertise in telecommunications infrastructure to offer high-speed internet access, particularly in rural and underserved areas.
Similarly, companies like ZTE Corporation and Samsung Electronics are also investing in FWA, employing innovative approaches to deliver reliable broadband services wirelessly. These companies prioritize partnerships with telecom operators and governments to accelerate FWA deployment, addressing the region's growing demand for connectivity and driving digital transformation.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific fixed wireless access market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific fixed wireless access market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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