Friday, August 18, 2023

5G Fixed Wireless Eclipses All Other New 5G Revenue Sources

Fixed wireless access now has about seven percent share of the U.S. home broadband market, and is on pace to reach 16 percent by 2028, according to GlobalData.

 source: GlobalData 


If home broadband revenue now stands at about $103 billion, then fixed wireless is worth $7.2 billion in annual service revenues. If that seems relatively unremarkable, consider the 2023 revenues for 5G internet of things, edge computing and private networks.


Altogether, those services likely do not, combined, represent more than $1 billion in annual revenue for all U.S. mobile operators, put together.


Fixed wireless tends to get neglected as a “new” 5G revenue source, compared to edge computing, private networks, network slicing or internet of things connections. But fixed wireless is the only new 5G service to put up significant numbers, right away.


In an industry where creating a single new line of business or product generating at least $1 billion annually is a big deal, $7 billion worth of fixed wireless is a really-big deal, after such a short time.


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