Middle East & Africa Fixed Wireless Access Market Size & Outlook
Middle East & Africa fixed wireless access market, 2019-2030 (US$M)
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MEA fixed wireless access market highlights
- The MEA fixed wireless access market generated a revenue of USD 25,763.1 million in 2023.
- The market is expected to grow at a CAGR of 17% 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.
MEA data book summary
| Market revenue in 2023 | USD 25,763.1 million |
| Market revenue in 2030 | USD 77,122.1 million |
| Growth rate | 17% (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 |
Other key industry trends
- In terms of revenue, MEA region accounted for 17.9% of the global fixed wireless access market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 202,574.7 million by 2030.
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Fixed Wireless Access Market Scope
Fixed Wireless Access Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 57.08% in 2023. Horizon Databook has segmented the Middle East & Africa fixed wireless access market based on hardware, services covering the revenue growth of each sub-segment from 2019 to 2030.
The fixed wireless access market in MEA is rapidly growing as numerous businesses are using Internet networks for their internal and external processes. In addition, many telecommunication companies in the region are focusing on providing FWA services to commercial and residential customers.
For instance, in March 2024, at the second forum of the ELITE FWA Club at MWC 2024, Kuwait Telecommunications Company (stc) announced the first commercial deployment of 5G RedCap FWA in the Middle East. This deployment was announced at the second forum of the ELITE FWA Club at MWC 2024. This marks a significant advancement in providing reliable, high-speed internet access for both residential and commercial customers.
Furthermore, in March 2024, Comsol Networks (Pty) Ltd., a South African company that offers fixed wireless access for last-mile connectivity and private networks, introduced a 5G FWA network to address the demand for business-class broadband services for small and medium enterprises and a reliable, cost-effective redundancy option for enterprises.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa fixed wireless access market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa fixed wireless access market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Fixed Wireless Access Market Share, 2023 & 2030 (US$M)
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