RF Fixed Wireless Access Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 0.67 Billion |
| Market Size (2029) | USD 2.48 Billion |
| CAGR (2024 - 2029) | 29.80 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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RF Fixed Wireless Access Market Analysis
The RF Market For Fixed Wireless Access Industry is expected to grow from USD 0.67 billion in 2024 to USD 2.48 billion by 2029, at a CAGR of 29.80% during the forecast period (2024-2029).
The growing penetration of the internet and digital services among consumers is among the major factor driving the market's growth. The arrival of 5G is also expected to be among the major driver for the growth of fixed wireless access (FWA) owing to the 5G mmWave spectrum, which may drive the demand for RF components.
- With internet access becoming increasingly important for economic growth, the demand for reliable, low-cost, and easy connectivity solutions has increased. As many people today do not have access to broadband internet yet, fixed wireless access (FWA) is emerging as a viable solution for high-speed and reliable internet connection.
- Fixed wireless access (FWA) is a technology that creates a wireless connection between a cell tower and an external antenna located on the customer's premises to provide service to fixed cellular subscribers. The advancement of 5G technology has made FWA a cost-effective solution for ultra-high-speed broadband where installing fiber may be prohibitively expensive. These FWA networks provide solutions for enterprise and consumer applications in suburban, rural, and underserved areas.
- The growing FWA market is driving the demand for RF components, including customer premises equipment (CPE), cellular radio-frequency (RF) front-end components for CPE, including diversity modules and power amplifiers (PAs), and discrete components, which go down to wafer-level technologies.
- Fixed wireless access (FWA) is an excellent opportunity for mobile network operators (MNOs) to increase the profitability of their mobile network as it enables them to allocate unused capacity to serve FWA subscribers. Such trends are also creating a favorable outlook for the studied market.
- However, the expansion of broadband and satellite internet services challenges the RF market for fixed wireless access. Another major challenge associated with FWA is the high manufacturing cost of the mmWave spectrum, as these components are tiny and require high precision.
RF Fixed Wireless Access Market Trends
The Expansion of 5G Infrastructure to Support the Market's Growth
- The arrival of 5G technology is proving to be a game changer for many industries, including the fixed wireless access industry. The 5G wireless communication protocol is helping FWA gain traction both at the millimeter wavelengths (mmWave) and the sub 6 GHz frequencies. 5G's deeper network infrastructure, greater spectral efficiency, and spectrum availability significantly improve FWA's economics, new deployment, and technical feasibility.
- For many network operators worldwide, FWA's 5G version is viewed as a way to expand revenue opportunities and help monetize investments in the 5G and wireless spectrum, as it helps them provide service just by utilizing the unused spectrum. Considering such trends, for many operators, FWA is also emerging as one of the leading use cases for 5G. Such trends are also positively influencing the demand for RF components.
- The expansion of 5G coverage across various countries is also expected to influence the market's growth positively. China and North America are among the leading regions wherein the deployment rate of 5G is the highest. For instance, according to MIIT, by the end of 2022, China had about 2.31 million 5G base stations.
- The growing subscriber base and new business opportunities driven by the low latency and high-speed connectivity feature of 5G are also encouraging network operators to expedite the deployment of 5G networks across various countries, creating a favorable outlook for the studied market. For instance, according to Ericsson, the number of mobile 5G subscribers is expected to reach 4,372.73 million by 2027, from 553.95 million in 2021.
Asia-Pacific to Hold a Significant Market Share
- The Asia-Pacific region holds great potential for the growth of the RF market for fixed wireless access. The region has been witnessing rapid growth in the adoption of digital technologies, driving the demand for a stable and high-speed data connection. The presence of a large consumer base also favors the market's growth in the region.
- The Asia-Pacific region also has a fast-growing e-commerce market and a growing demand for digital services, such as streaming services, online gaming, and social media. 5G FWA can provide the high-speed internet required to support these services, making it an attractive option for consumers in the region.
- The cost of any service is also among the major factor influencing the consumption pattern, especially in the emerging Asia-Pacific markets. As the deployment of fiber cable to support broadband infrastructure is costly, FWA's simple deployment and relatively lower operational cost may drive its growth in the region.
- Another major factor influencing the market's growth in the region is the rapid expansion of the 5G network. Countries such as China, South Korea, and Japan are emerging to be among the leading countries in terms of the deployment of 5G networks. For instance, according to VIAVI Solutions, a global provider of network test and monitoring solutions, China was among the leading countries in the region in terms of the availability of 5G services in most cities (356 in 2023). China was followed by South Korea, with 5G services available in 85 cities, and Japan, with 76 cities.
- The Asia-Pacific region is also recognized as the global manufacturing hub, with several FWA RF component manufacturing vendors having an extended presence in the region.
RF Fixed Wireless Access Industry Overview
The RF market for fixed wireless access is significantly semi-consolidated. Its competitive attractiveness is growing due to the growing adoption of the technology, attracting new vendors in the market. To strengthen their market presence, vendors are adopting various strategies, including new product developments, partnerships, mergers, and acquisitions. Some key market players include Qualcomm Technologies Inc., Skyworks Solutions, and Murata Manufacturing Co.
- February 2023 - Keysight Technologies Inc. announced that Aethertek selected its Keysight Open RAN Studio solution to validate its 5G millimeter wave (mmWave) O-RAN Radio Unit's (O-RU) end-to-end performance. According to the company, Keysight's O-RAN Radio Unit provides a test environment that includes tools in both radio frequency and protocol domains to emulate the real-world traffic experienced by an O-RU.
- January 2023 - Renesas Electronics Corporation announced a collaboration with AMD to showcase RF's front-end solution for 5G Active Antenna Systems (AAS). Paired with AMD's ZynqUltraScale+ RF SoC Digital Front End OpenRAN Radio Reference Design, the RF front-end includes low-noise amplifiers, RF switches, and pre-drivers. It also offers solutions to meet the demand from the growing mobile network infrastructure market.
RF Fixed Wireless Access Market Leaders
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Qualcomm Technologies Inc.
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Murata Manufacturing Co.
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Qorvo Inc.
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Skyworks Solutions Inc.
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Taiyo Yuden Co. Ltd.
*Disclaimer: Major Players sorted in no particular order
RF Fixed Wireless Access Market News
- February 2024: Qualcomm Technologies launched, the Snapdragon X80 5G Modem-RF System, marking the seventh evolution in its 5G modem-to-antenna lineup. Setting itself apart from its predecessors, the Snapdragon X80 boasts a dedicated 5G AI Processor and a 5G-Advanced-ready architecture.
- February 2024: Sivers Semiconductors AB has unveiled its latest cutting-edge Radio Frequency (RF) Module, the BFM02803, tailored for the 5G FR2 mmWave bands N257, N258, and N261 (spanning 24.25 GHz to 29.5 GHz). This module, designed for high-power Fixed Wireless Access (FWA) applications, is primed for top-tier performance. It not only allows for product differentiation but also ensures that the demands of mass-producing FWA products are met.
RF Market For Fixed Wireless Access Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Macro-economic Analysis of the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growing Penetration of Internet and Digital Services
5.1.2 Expansion of 5G Infrastructure
5.2 Market Restraints
5.2.1 Expansion of Broadband and Satellite Data Services
6. MARKET SEGMENTATION
6.1 By Radio Radio Frequency Front End (RFFE) Components
6.1.1 Transmit Module (PAM, MMMB PA, PAD, and LPAD)
6.1.2 Receive Module (FEM and LFEM)
6.1.3 Antenna in Package (AiP) and Beamformer
6.1.4 Filter
6.1.5 Discrete (Switch, LNA, PMIC, and Tuner)
6.2 By Geography
6.2.1 North America
6.2.2 Europe
6.2.3 Asia
6.2.4 Australia and New Zealand
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Qualcomm Technologies Inc.
7.1.2 Murata Manufacturing Co.
7.1.3 Qorvo Inc.
7.1.4 Skyworks Inc.
7.1.5 Airgain Inc.
7.1.6 Analog Devices Inc.
7.1.7 Amphenol Broadband Solutions
7.1.8 Bridgewave Communications
7.1.9 Microchip Technology Inc.
7.1.10 Renesas Electronic Corporation
7.1.11 STMicroelectronics Inc.
7.1.12 Taiyo Yuden Co. Ltd
7.1.13 Texas Instruments
7.1.14 Ericsson
7.1.15 Nokia Corporation
- *List Not Exhaustive
7.2 Vendor Market Share Analysis
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
RF Fixed Wireless Access Industry Segmentation
Fixed wireless access (FWA) technology uses the capabilities of cellular networks to offer high-speed internet services to businesses and households without the need for physical fiber connections. Various RF components such as transmit and receive modules, antennae-in-packages (AiP), beamformers, and filters are used to provide FWA services.
The study tracks the demand for various RF components and the current and emerging trends to offer a detailed analysis of current and future growth opportunities and market trends. The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By Radio Radio Frequency Front End (RFFE) Components | |
| Transmit Module (PAM, MMMB PA, PAD, and LPAD) | |
| Receive Module (FEM and LFEM) | |
| Antenna in Package (AiP) and Beamformer | |
| Filter | |
| Discrete (Switch, LNA, PMIC, and Tuner) |
| By Geography | |
| North America | |
| Europe | |
| Asia | |
| Australia and New Zealand |
RF Market For Fixed Wireless Access Market Research Faqs
How big is the RF Market for Fixed Wireless Access Industry?
The RF Market for Fixed Wireless Access Industry size is expected to reach USD 0.67 billion in 2024 and grow at a CAGR of 29.80% to reach USD 2.48 billion by 2029.
What is the current RF Market for Fixed Wireless Access Industry size?
In 2024, the RF Market for Fixed Wireless Access Industry size is expected to reach USD 0.67 billion.
Who are the key players in RF Market for Fixed Wireless Access Industry?
Qualcomm Technologies Inc., Murata Manufacturing Co., Qorvo Inc., Skyworks Solutions Inc. and Taiyo Yuden Co. Ltd. are the major companies operating in the RF Market for Fixed Wireless Access Industry.
Which is the fastest growing region in RF Market for Fixed Wireless Access Industry?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in RF Market for Fixed Wireless Access Industry?
In 2024, the North America accounts for the largest market share in RF Market for Fixed Wireless Access Industry.
What years does this RF Market for Fixed Wireless Access Industry cover, and what was the market size in 2023?
In 2023, the RF Market for Fixed Wireless Access Industry size was estimated at USD 0.47 billion. The report covers the RF Market for Fixed Wireless Access Industry historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the RF Market for Fixed Wireless Access Industry size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
RF for Fixed Wireless Access Industry Report
Statistics for the 2024 RF for Fixed Wireless Access market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. RF for Fixed Wireless Access analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
