The 5G fixed wireless access market is expected to grow from $396 million in 2019 to $46.4 billion by 2026, at a CAGR of 97.47% from 2019 to 2026. Major factors driving the growth of the 5G fixed wireless access market are growing demand for high-speed internet connectivity and broad network coverage with reduced latency and power consumption, increasing adoption of advanced technologies such as machine-to-machine (M2M)/Internet of Things (IoT) and millimeter-wave in 5G FWA. However, delay in making decisions related to the standardization of spectrum allocation, high infrastructure costs, adverse impact on the environment are expected to limit the growth of this market.
If your type of Internet connection isn’t available everywhere, and you find yourself in need for one, don’t despair. Every major city usually has various locations that offer public Wi-Fi signal, which you can use either indefinitely or for a certain amount of time. However, did you know that using such public Wi-Fi represents a potential danger for data on your smartphone, tablet or laptop, and even for yourself?
Another new amendment to the Wi-Fi standard! Every new generation of Wi-Fi brings an opportunity to pause and consider the transformational changes that will be affecting us in the coming years. Today, Wi-Fi networks already experience bandwidth-intensive media content and multiple Wi-Fi devices per user. Moving forward, networks will face a continued dramatic increase in the number of devices, a tripling of the total global IP traffic, and a diverse range of new technologies that will all heavily rely on Wi-Fi.
According to a new market research report published by Credence Research “ WiFi Chipset Market (By IEEE Standards (802.11ay, 802.11ax, 802.11ac Wave 2), By Band(Dual Band, Tri-Band), MIMO Configuration (SU-MIMO, MU-MIMO), Product Category (Smartphones, Tablets, PCs)) – Growth, Future Prospects and Competitive Analysis, 2019 – 2027”, the overall WiFi Chipset market worldwide was valued at $16.34 billion in 2018 and is set to grow with a CAGR of 5.14% during the forecast period.
The network is the communication between two or more computer systems. In practice, a network is comprised of a number of different computer systems connected by physical and/or wireless connections. Digital transformation has led to exponential growth of IP-connected devices, including wireless access points, digital lighting, and access control devices, etc. As more organizations embrace mobile computing and consumers increasingly rely on mobile devices to manage their always-on, hyper-connected world, Wi-Fi networks are quickly becoming the backbone for delivering optimal user experience.