Home / Technology / Article / 5G FWA services will generate USD 2.5 bn in operator revenue by 2023 around the world: Report

5G FWA services will generate USD 2.5 bn in operator revenue by 2023 around the world: Report

The staggering growth will be driven by 5G's advanced network capabilities, such as ultra-low delay and increased data processing to provide connectivity services that were previously unachievable with 4G technology, according to Juniper Research

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Image for representational purpose only. Photo Courtesy: istock

Image for representational purpose only. Photo Courtesy: istock

A new report has predicted that the operators's revenue that has been generated from 5G FWA (fixed wireless access) services is likely to increase from USD 515 million in 2022 to a whopping USD 2.5 billion next year. 

The staggering growth will be driven by 5G's advanced network capabilities, such as ultra-low delay and increased data processing to provide connectivity services that were previously unachievable with 4G technology, according to Juniper Research.

FWA includes services that provide high-speed Internet connectivity through cellular-enabled CPE (customer premises equipment) for uses including broadband and IoT networks.

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