Tuesday, April 24, 2018

Global Fixed Wireless Service Revenue to Grow 30% in 2018 to $18 Billion

The global fixed wireless access market will grow 30 percent in 2018 and will generate US$18 billion in service revenue, according to ABI Research, boosted by new use of 5G platforms to supply fixed wireless.

ABI Research forecasts worldwide fixed wireless broadband market to grow at a compound annual rate of 26 percent to generate $45.2 billion worth of revenue globally  in 2022.

Tier-one service providers launching 5G fixed wireless include Verizon plans an initial 5G fixed wireless network covering around 30 million U.S. households.

AT&T and Charter also are carrying out 5G fixed wireless broadband tests in select markets in the United States.

In Europe, Orange, Elisa, and telecom infrastructure company Arqiva are performing 5G fixed wireless trials as well. Australia’s Optus is planning for a 5G fixed wireless service launch in 2019.

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