WTTx Market: By Component (Hardware (Access Units, Customers Premises Equipment, and Others), Platforms & Solutions, and Services), By Frequencies (1.8 GHz- Sub-6 GHz, 6 GHz- 24GHz, and 24 GHz & Above), By Connectivity (5G, 4G, 3G, and 2G) By Organization Size (Large Enterprise, MSE) and Geography

WTTx Market size was valued at USD 5,163.2 million in 2021 and is expected to grow at a CAGR of 42.6% from 2022-2028. The Wttx is an 4G & 4.5G based broadband access solution, which uses wireless connectivity to provide fiber network like broadband access for household and many more areas, it also enables a wide range of services such as video broadcasting, VoIP, and VPN (virtual private network), enhancing an operator's ARPU. The global wttx market growth is increasing on daily basis, due to the high utilizations of data services and network modes by the consumers worldwide. Further, the new innovations, enlargement of the network uses and developing new software’s are the few such factors which fuel the market demand. For instance, the releasing of new technologies into the market by giant players like: Microsoft, Meta etc. are further factors to be analyzed which fuel the growth of the market, based on trend in the coming years. In addition, the increasing demand for broadband connectivity devices which consist of fibers, Wi-Fi etc., are other opportunities which are going to lead the market in upcoming years, and also due to this innovation of wireless devices the prices of the network will become less and incur less cost to use the network. Moreover, the government interest on spending huge amount of money on Research and development of smart cities, and the latest development of the 4G, 5G services and beyond 5G services are few other key factors to drive the market growth in the upcoming forecast period. The restraining factors such as high cost of adoption for latest technologies, data security and others are an obstacle to the growth of market. Apart from these, obstacles the key trend opportunities like increased network connectivity, using wireless devices and acceptance of new technologies globally are the growth drivers for the market.

Critical Developments in Global WTTx Market:

In May 2022, Qualcomm announced its collaboration with Viettel to develop a next generation 5G radio unit with distribution units and MIMO capabilities. In November 2021, Stc Bahrain, a world-class digital enabler, announced the launch of first-of-its-kind WTTx (Wireless to everything) solution in the region. This new solution was developed in collaboration with Huawei, where it provides end to end realtime updated broadband coverage.