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 |
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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 56.43% 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.
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.
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