Market revenue in 2023 | USD 1,851.2 million |
Market revenue in 2030 | USD 7,198.4 million |
Growth rate | 21.4% (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 |
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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 57% in 2023. Horizon Databook has segmented the Malaysia fixed wireless access market based on hardware, services covering the revenue growth of each sub-segment from 2019 to 2030.
Government initiatives such as the National Fiberisation and Connectivity Plan (NFCP) are driving the market expansion by incentivizing investments in broadband infrastructure, including FWA networks.
Moreover, telecom companies such as Telekom Malaysia (TM) and Maxis have been strategically investing in FWA infrastructure to address connectivity gaps, particularly in rural and underserved areas. There is a discernible trend toward a rising volume of FWA subscriptions, fueled by the convenience and flexibility of wireless broadband solutions.
Horizon Databook provides a detailed overview of country-level data and insights on the Malaysia fixed wireless access market, including forecasts for subscribers. This country databook contains high-level insights into Malaysia fixed wireless access market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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