5G to Boost Fixed Wireless Broadband Adoption to Generate $45.2 Billion in 2022: ABI Research
The global fixed wireless broadband market will grow 30 percent in 2018 and will generate $18 billion in service revenue, according to a new report from ABI Research. As 5G fixed wireless broadband access is set to be launched in North America in 2018, it is set to expand and provide consumers with better quality service in the years to come.
ABI Research’s LTE and 5G Fixed Broadband Markets report found that LTE is the most widely used technology to provide fixed wireless broadband service across the world. Fixed LTE is mainly deployed for residential broadband service in the areas where fixed broadband infrastructure is poor, enabling operators to provide residential broadband service more cost effectively compared to wired broadband deployment.
Lately, United States’ operator Verizon announced its plans to launch 5G fixed wireless broadband service to its residential customers in the second half of 2018. Verizon plans to first launch 5G fixed wireless broadband service in California followed by additional markets later and expects initial 5G fixed wireless broadband deployment to cover around 30 million U.S. households.
“5G fixed broadband access is expected to enable robust services with a reliable capacity to meet the need of residential broadband users. 5G technology can support a theoretical speed up to 20 Gbps with latency 1 ms, enabling operators to provide superior broadband access without installing fiber-optic cables to every single household,” says Khin Sandi Lynn, Industry Analyst at ABI Research.
In addition to Verizon, other operators, including AT&T and Charter, are also carrying out 5G fixed wireless broadband tests in select markets in the United States. 5G fixed wireless trials are not limited to North America. In Europe, Orange, Elisa, and telecom infrastructure company Arqiva are performing 5G fixed wireless trials. In APAC, Australia’s Optus is planning for 5G fixed wireless service launch in 2019.
“Early 5G fixed wireless broadband access is likely to focus in dense urban areas and roll out in rural areas when 5G is widely launched commercially,” Lynn says. ABI Research forecasts worldwide fixed wireless broadband market to grow at CAGR 26 percent to generate $45.2 billion in 2022.
(For more information visit https://www.abiresearch.com.)