Fixed Wireless Access & Cloud Infrastructure Projections for 2024
Summary
With the increasing demand for high-speed internet connectivity in both urban and rural areas, FWA emerges as a cost-effective and efficient solution to bridge the digital divide. As we delve into the projections for FWA and the accompanying telco cloud infrastructure software growth, it becomes evident that these sectors are set for substantial expansion in the coming years. Unlike traditional wired connections such as fiber or cable, FWA delivers internet access through radio signals transmitted from a fixed point to a receiver located at the user’s premises. According to Ericsson’s Mobility Report, FWA connections are expected to grow significantly in the coming years, driven by the deployment of 5G networks and the demand for high-speed broadband services. According to IDC, global revenue for telco cloud infrastructure software is projected to reach $27.3 billion by 2024, indicating a significant uptick in adoption and investment in cloud-native telecom solutions.
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