Singapore Fixed Wireless Access Market Size & Outlook
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Singapore fixed wireless access market highlights
- The Singapore fixed wireless access market generated a revenue of USD 714.9 million in 2023 and is expected to reach USD 2,878.2 million by 2030.
- The Singapore market is expected to grow at a CAGR of 22% 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 714.9 million |
| Market revenue in 2030 | USD 2,878.2 million |
| Growth rate | 22% (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, Singapore accounted for 0.5% 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 |
Singapore 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 56.95% in 2023. Horizon Databook has segmented the Singapore fixed wireless access market based on hardware, services covering the revenue growth of each sub-segment from 2019 to 2030.
With the nation's reputation for advanced infrastructure and digital readiness, telecom operators such as Singtel and StarHub are leveraging 5G and other cutting-edge wireless technologies to offer FWA solutions. These solutions provide an alternative to traditional wired broadband connections, offering greater flexibility and convenience, especially in urban areas where the installation of physical cables may be challenging.
Additionally, Singapore's Smart Nation initiatives and government support for digital transformation are further driving the adoption of FWA technologies, fostering a competitive market landscape and ensuring widespread access to reliable broadband services.
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Target buyers of Singapore 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 Singapore fixed wireless access market, including forecasts for subscribers. This country databook contains high-level insights into Singapore fixed wireless access market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Singapore Offering - Fixed Wireless Access Market, 2023 - 2030 (US$M)
Singapore Fixed Wireless Access Market Share, 2023 & 2030 (US$M)
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