Thursday, July 18, 2024

CPE Innovations and a Growing Addressable Market Drive 5G FWA CPE Shipments to 37 Million by 2029

LONDON, July 11, 2024 /PRNewswire/ –The 5G network roll-out for Mobile Network Operators (MNOs) continues to progress, and Fixed Wireless Access (FWA) has been a masterstroke for network monetization. This has made growing their total FWA connections for consumer and enterprise markets a key strategy for Mobile Network Operators (MNOs). According to global technology intelligence firm ABI Research, 5G FWA Customer Premises Equipment (CPE) shipments will increase from 10.7 million in 2023 to 36.8 million in 2029 at a Compound Annual Growth Rate of 22.9%.

"The U.S. market has been a great success story for 5G FWA. All three major MNOs are on track to hit their targets for total FWA connections, achieved by serving customers with a multi-vendor portfolio of CPEs for their varying requirements," explains Larbi Belkhit, Industry Analyst at ABI Research. "Traction for this technology is picking up globally, with India’s Reliance Jio aiming to serve 100 million residential and enterprise connections through 5G FWA. In fact, most major service providers worldwide are triumphantly growing their FWA connections."

Innovations within the 5G CPEs are being unveiled, not just proof of concept but also commercial solutions. At Mobile World Congress (MWC) 2024 in Barcelona, stc Kuwait, in partnership with Huawei, unveiled the commercial deployment of 5G RedCap FWA, module vendors MeiG and Fibocom separately showcased their latest RedCap modules, and Tozed Kangwei presented a RedCap CPE. At the same show, ZTE unveiled the industry’s first AI-enabled 5G CPE for better bandwidth utilization and Nokia unveiled its latest innovations with 5G mmWave indoor and outdoor CPEs.

Furthermore, enterprise FWA announcements have also gained traction in 2024, especially in the U.S. market as MNOs diversify their offerings, with Askey and Cisco added to AT&T‘s Business Service, and Cradlepoint added to T-Mobile‘s Connected Workplace service.

"The enterprise market, especially Small to Medium-Sized Businesses (SMBs), is a fast-growing opportunity for FWA, especially in the US. The faster deployment and scalability it offers makes it particularly attractive for SMBs, but they have more nuanced requirements than simply just performance and price, so CPE vendors diversifying offerings to serve this market is key to success," Belkhit concludes.

These findings are from ABI Research’s 5G FWA CPE: Market Dynamics, Innovations, and Long-Term Trends report. This report is part of the company’s 5G, 6G & Open RAN research service, which includes research, data, and ABI Insights.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact Info: 

Global                                                             
Deborah Petrara                                                           
Tel: +1.516.624.2558                                                   
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Source : CPE Innovations and a Growing Addressable Market Drive 5G FWA CPE Shipments to 37 Million by 2029

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