The worldwide residential broadband market reached a subscriber’s base of over 1.1 billion in 2020, a 4% increase from the previous year. Not surprisingly, the COVID-19 pandemic accelerated demand for broadband connectivity. The need for high-capacity residential broadband will remain strong, even after the pandemic recovery.
According to global tech market advisory firm ABI Research, 5G Fixed Wireless Access (FWA) will be the fastest-growing residential broadband segment to increase at a CAGR of 71%, exceeding 58 million subscribers in 2026.
