The rollout of 5G had a few hiccups that were caused by the coronavirus pandemic, but in spite of the fact that this is the case the 5G revolution is now fully underway. A great thing about 5G is that it might democratize internet access because of the fact that this is the sort of thing that could potentially end up enabling developing countries who don’t have fiber or DSL internet to install 5G infrastructure and use Fixed Wireless Access (FWA) connections instead.
Counterpoint Research just released a report that predicts FWA subscriptions will exceed 460 million by 2030. Most of these new connections will use 5G networks because of the fact that this is the sort of thing that could potentially end up providing stellar speeds which can help bridge the digital divide between developing and developed nations. 4G FWA is expected to see a 22% compounded annual growth rate by 2030, whereas the CAGR of 5G FWA will be closer to 54% with all things having been considered and taken into account.
That means that 5G usage will rise dramatically, and an interesting thing to note is that China is leading the way here. Internet service providers are scrambling to catch up with China by rolling out their own 5G FWA subscriptions, and these subscriptions are expected to bring close to $200 billion in revenue by 2030.
Countries that already have access to speedy internet connections through fiber optic cables might be slower to adopt this new technology that nations that don’t have them. The last mile is usually the hardest to cross, which is why rural communities often don’t have access to any internet. 5G FWA can service a niche that has long been forgotten, and it might even tip the scales by giving developing countries access to high speed internet that developed nations are slow to adopt. China has already surpassed its rival the US in this field, and a few nations in Africa and South Asia might follow suit if the current trend continues to hold for the next few years.
Read next: Smartphone Revenues to Increasingly Rely on Software and Services in the Next Decade
Counterpoint Research just released a report that predicts FWA subscriptions will exceed 460 million by 2030. Most of these new connections will use 5G networks because of the fact that this is the sort of thing that could potentially end up providing stellar speeds which can help bridge the digital divide between developing and developed nations. 4G FWA is expected to see a 22% compounded annual growth rate by 2030, whereas the CAGR of 5G FWA will be closer to 54% with all things having been considered and taken into account.
That means that 5G usage will rise dramatically, and an interesting thing to note is that China is leading the way here. Internet service providers are scrambling to catch up with China by rolling out their own 5G FWA subscriptions, and these subscriptions are expected to bring close to $200 billion in revenue by 2030.
Countries that already have access to speedy internet connections through fiber optic cables might be slower to adopt this new technology that nations that don’t have them. The last mile is usually the hardest to cross, which is why rural communities often don’t have access to any internet. 5G FWA can service a niche that has long been forgotten, and it might even tip the scales by giving developing countries access to high speed internet that developed nations are slow to adopt. China has already surpassed its rival the US in this field, and a few nations in Africa and South Asia might follow suit if the current trend continues to hold for the next few years.
Read next: Smartphone Revenues to Increasingly Rely on Software and Services in the Next Decade
