Southeast Asia Connectivity Revenues for FWA and Satellite Communication Markets to Reach US$3.45 Billion by 2028
SINGAPORE, March 12, 2024 /PRNewswire/ -- Fixed Wireless Access (FWA) and Satellite Communication (SatCom) are ideal broadband technologies to bridge the digital gap in the Southeast Asian region. According to a new report from global technology intelligence firm ABI Research, the FWA connectivity market is expected to reach a value of US$1.33 billion by 2028. Similarly, the adoption of SatCom broadband services in the region is forecasted to grow to US$2.12 billion by 2028. The entry of new FWA and SatCom broadband service providers in the region and, consequently, the rising affordability of broadband plans will contribute to the uptake of broadband services across the region.
- According to a new report from global technology intelligence firm ABI Research, the FWA connectivity market is expected to reach a value of US$1.33 billion by 2028.
- Similarly, the adoption of SatCom broadband services in the region is forecasted to grow to US$2.12 billion by 2028.
- As Southeast Asian economies build more robust network infrastructure and welcome 5G services, FWA deployment will also become more scalable.
- It is forecasted to be the largest Southeast Asian market for SatCom broadband, with 909,000 subscriptions by 2028.