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Key Challenges for the 5G Fixed Wireless Access Market

The 5G fixed wireless access network offers high-speed data transfer rate, low latency, and consistent connectivity, which are useful for various industries.

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Key Challenges for the 5G Fixed Wireless Access Market

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  1. MarketsandMarkets Presents Key Challenges for the 5G Fixed Wireless Access Market 5G Fixed Wireless Access Market with COVID-19 Impact Analysis by Offering (Hardware, Services), Operating Frequency (Sub–6 GHz, 24 GHz–39 GHz, Above 39 GHz ), Demography (Urban, Semi-Urban, Rural), Application, and Region - Global Forecast to 2026 https://www.marketsandmarkets.com/Market-Reports/5g-fixed-wireless-access-market-41266711.html

  2. The 5G fixed wireless access market was valued at USD 503 million in 2020 and is projected to reach USD 86,669 million by 2026; it is expected to grow at a CAGR of 135.9% from 2020 to 2026. COVID-19 Impact on the Global 5G Fixed Wireless Access Market With the governments of different countries declaring a state of emergency owing to the spread of COVID 19, companies are increasingly adopting the work-from-home culture to keep their businesses operational and enable employees to follow social distancing guidelines. Trends such as work-from-home, social distancing, and online education drive the growth of the 5G fixed wireless access market. Although the pandemic has slowed down the efforts of the global wireless industry to formulate different standards and carry out trade shows related to wireless communication, the technology is being used to fight the impact of the COVID-19 on different industries and countries. Browse 136 market data Tables and 48 Figures spread through 226 Pages and in-depth TOC on "5G Fixed Wireless Access Market with COVID-19 Impact Analysis by Offering (Hardware, Services), Operating Frequency (Sub–6 GHz, 24 GHz–39 GHz, Above 39 GHz ), Demography (Urban, Semi-Urban, Rural), Application, and Region - Global Forecast to 2026"

  3. Sub–6 GHz segment held the largest share of 5G fixed wireless access market The sub–6 GHz frequency segment is projected to account the largest share in the 5G fixed wireless access market, in terms of volume, in 2026. The key difference between sub–6 GHz and mmWave bands is the difference in them in terms of coverage and indoor penetration. mmWave bands have a small coverage footprint owing to their RF properties. The frequencies in this band are unable to penetrate solid objects such as walls. mmWave requires more sites than sub–6 GHz to provide similar coverage. For instance, based on the simulations run by Kumu Networks, it is estimated that the 26 GHz spectrum requires 7 to 8 times more sites than the 3.5 GHz spectrum. The 5G deployment strategy of operators is to use sub–6 GHz to provide expansive city and country-wide coverage and utilize the dense deployment of mmWave in high-traffic dense urban and urban areas, as well as suburban pockets to provide increased broadband capacity. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=41266711 The 5G fixed wireless access market is dominated by a few globally established players such as Huawei (China), Ericsson (Sweden), Nokia Corporation (Finland), Samsung Electronics (South Korea), Inseego (US), Siklu Communication, Ltd. (Israel), Mimosa Networks, Inc. (US), Vodafone (UK), Verizon Communications Inc. (US) and CableFree (UK).

  4. Semi-urban areas to continue to lead 5G fixed wireless access market during forecast period In terms of value, the semi-urban segment is projected to account largest share in the 5G fixed wireless access market in 2026. The growth of this segment can be attributed to the fact that in semi-urban areas, the density of the population is sparse. Hence, these areas require significantly high investments to connect subscribers with a network through wireline infrastructures. With high-power transmissions/receptions and advanced antenna technologies, wireless links can effectively reach rural areas without any major construction required as only base stations and customer premises equipment require to be installed. In several situations, operators are required to provide temporary coverage in some areas wherein there is little or no demand for Internet connectivity; for instance, skiing resorts during winters. Fixed wireless access is a flexible, quick, and cost-effective solution to cater to the rural/temporary Internet requirements. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=41266711 Increasing the adoption of advanced technologies such as machine-to-machine (M2M) and Internet of Things (IoT) and rising use of millimeter-wave technology for 5G fixed wireless access is expected to drive the growth of the 5G fixed wireless access market. However, the high costs of infrastructures and the adverse impact of millimeter-wave technology on the environment act as restraints for the growth of the 5G fixed wireless access market.

  5. Opportunity: Increased demand for 5G fixed wireless access networks from different industries The 5G fixed wireless access network offers high-speed data transfer rate, low latency, and consistent connectivity, which are useful for various industries. For instance, in autonomous cars/connected cars, the low latency of 5G networks is critical for implementing safety systems and ensuring real-time vehicle-to-vehicle and vehicle-to-infrastructure communication. In smart cities, there are dense arrays of wireless sensors that are useful for various services and applications, right from environmental and pollution monitoring to security surveillance, traffic management, and smart parking. Challenge:  Heat dissipation in MIMO systems The massive MIMOs are expected to play a critical role in the 5G fixed wireless access market. They are anticipated to be key enablers and foundational components of fully operating 5G networks. One of the key roles of any 5G network is to handle the large increase in data usage, and MIMO is the perfect technology to address this requirement. However, the complexity of MIMO systems poses design- and assembly-related challenges in the form of reciprocity errors, low signal-to-interference ratio (SIR), high energy consumption, and increased channel coherence time.

  6. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

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