New research from CCS Insight sheds light on the fixed wireless access market, an emerging but crucial technology for mobile network operators. The technology helps to expand network coverage, bridging connectivity gaps in rural or semi-rural areas where laying fibre infrastructure is challenging.
The analyst firm’s report, Spotlight: Fixed Wireless Access, Worldwide, estimates that the number of fixed wireless access connections worldwide grew to 90 million in 2023, up from 69 million in 2022. These connections are forecast to generate $29.5 billion in revenue for operators in 2023. The report indicates potential for further growth in this market, with the number of connections expected to rise to 216 million by the end of 2027.