The growth is attributed to the expanding role of FWA technology in densely populated and remote areas that are looking for alternatives to traditional broadband technologies.
"As the demand for a more connected world continues to grow, the performance and efficiency of FWA technology remain a key driver in bridging the connectivity divide, providing high-speed, reliable internet access in both the enterprise and consumer markets," said Larbi Belkhit, 5G, 6G and open RAN research analyst at ABI.
Forty five per cent of that growth is expected to come from 5G FWA, with a CAGR of 35 per cent, peaking at 118 million subscribers.
ABI said that the shift towards more advanced network technologies for FWA will continue as companies regard it as a key driver of broadband alternatives.
"Furthermore, technology advancements in the 5G FWA space are also playing a key role, with ZTE announcing the world’s first AI 5G FWA CPE in the market during Mobile World Congress in 2024, improving the bandwidth utilisation and reducing network congestion of 5G CPEs, further driving the adoption of this technology," said Belkhit.