FWA subscriptions to surge, projected 14% CAGR by 2029

Worldwide Fixed Wireless Access (FWA) subscriptions are on a strong growth trajectory of a 14% CAGR 2023-29 and are set to reach almost 265 million by 2029, according to the latest findings from ABI Research.

“As the demand for a more connected world continues to grow, the performance and efficiency of FWA technology remain a key driver in bridging the connectivity divide, providing high-speed, reliable internet access in both the enterprise and consumer markets,” says Larbi Belkhit, 5G, 6G, and Open RAN Research Analyst.

5G FWA is expected to account for 45% of the total subscription base by 2029, reaching 118 million at a CAGR of 35%. This marks a significant shift toward more advanced and efficient network technologies. Operators such as Reliance Jio have committed to reaching 100 million 5G FWA-connected premises in India, a key driver in growing the 5G subscription base.

“Furthermore, technology advancements in the 5G FWA space are also playing a key role, with ZTE announcing the world’s first AI 5G FWA CPE in the market during Mobile World Congress (MWC) in 2024, improving the bandwidth utilization and reducing network congestion of 5G CPEs, further driving the adoption of this technology,” Belkhit concludes. ABI Research